brian.harrigan@labourtoleisure.com

Welcome to February’s edition of more free money from dividend investing.

 

Before we get started I wanted to share that Maria and I had attended Phil Towns Rule #1 workshop. This was 3 days of jam packed information that has really taught us strategies and rules to follow when researching companies that we would like to own. Part of it is on option trading which were still learning to understand. I would recommend this to any investor looking for a different strategy.

Here are a few pictures of what we have been up to!

 

Wife and I increasing our financial IQ 

Not sure we have enough bubbles

Maria’s birthday party where we attended the escape room and well we ran out of time

A picture of our home tower garden which is part of our home business. Happy to know what were eating!

 

Now let’s see how the portfolio did 

 

Sold

I sold no dividend stocks this month

 

 

Purchased

 

I made a new position in one company and added to another

 

New position in high Liner Foods with a purchase of 400 shares in two separate transactions

 

Who is High Liner Foods:

High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Our retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy labels, and are available in most grocery and club stores. We also sell branded products under the High Liner, Icelandic Seafood, and FPI labels to restaurants and institutions, and are a major supplier of private-label, value-added, frozen seafood products to North American food retailers and food service distributors.

My why:

I have been really searching for a company that I would classify as undervalued and maybe in a bit of a short term jam. This company has had some challenges as of late such as recalls, the redesign to healthier products  and under performing management. At the end of 2017 they decided to remove the CEO and bring in Henry Demone who had been there in the past that contributed to their past success. Management has also announced that they will be buying back 150,000 shares over the next year. Based on history this company is definitely undervalued and with the support of their new CEO, healthier options available to consumers and the focus to simplify the business I see a great recovery in the making. This purchase will increase annual dividends by $232.

 

Added  position in ARC Resources with purchasing 100 shares to bring total shares to 169

 

Who is Arc Resources:

ARC is one of Canada’s leading conventional oil and gas companies with operations focused in the Montney resource play in northeast British Columbia and the Pembina Cardium in Alberta. These high-quality assets provide both stable long-life production and superior growth potential.

My why:

Here is a company that was really oversold over the past year. They have some great assets and EPS has nearly doubled year over year. With oil prices starting to stabilize in the $60 range, great natural gas assets and still committed to funding strategic infrastructure at the Sunrise phase 2 gas processing facility I see them having a strong recovery. From February 12-15 insiders within the company have been buying up shares which is always a good thing to see. Adding to the position with ARC increases annual dividends from $41.00 to $101.40.

 

2016 – 2017 – 2018 Dividends

I’ve decided to include my free trade rebates that I received for referrals and reinvested them instead. February was a slight increase over January ($93.13) as dividends received were $97.74. It was also a huge gain vs. last years February total of $51.22 which is an increase of 90.82%. 

Dividends received per stock and if they’re set up within the DRIP program

 

February 2018 Dividend Reinvestment Plan
Chartwell Retirement Residents CSH.UN $6.77 Not enough
Cardinal Energy Ltd CJ.TO $8.54 Yes
Northview Apartment REIT NVU.UN $6.79 Not enough
Plaza Retail Reit PLZ.UN $8.36 Yes
Arc Resources Ltd ARX.TO $3.45 Not enough
Alta Gas Ltd ALA.TO $12.23 Not enough
Crescent Point Energy Corp CPG.TO $1.59 Not enough
Enbridge Income Fund Holdings ENF.TO $4.71 Not enough
Extendicare Inc EXE.TO $6.88 Not enough
Freehold Royalties Ltd FRU.TO $5.70 Not enough
Gamehost Inc GH.TO $5.18 Not enough
Sienna SR Living Inc SIA.TO $8.63 Not enough
Superior Plus Corp SPB.TO $8.22 Not enough
Diversified Royalty Corp DIV.TO $0.44 Not enough
Fee rebates on purchases Rebate 10.25 N/A
Total $97.74

What could i get for $97.74? Let’s be honest, that amount doesn’t go that far so we will reinvest the dividends received back into the portfolio to assist with our overall goal of living off dividends.

 

What do you think of my recent purchases? 

 

Looking around I’m having a hard time finding companies that aren’t extremely overvalued, although there is many great companies it’s sometime best to wait for a pullback or even a short term problem that opens up an opportunity to buy a great company at a great price.

 

Do you feel the same way?

 

Feel free to leave a comment and be sure to sign up for my blog via email to stay up to date with each post!

 

Thank you for reading 

 

Invest in yourself

Brian

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Money While You Sleep 2018 February Edition

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11 thoughts on “Money While You Sleep 2018 February Edition”

  1. Hey Brian

    Looks like a great month – both personally & financially!

    I like the HLF purchase (been watching them the last few months), and I see we have a few of the same stocks (plaza & div).

    If you are looking for a few others to keep an eye on – feel free to check out my portfolio – or my top picks (listed in my monthly summaries).

    Best of luck in 2018

    -Jordan

    1. Thanks Jordan for the kind words! I really like the HLF purchase as well. I will definitely check out your portfolio!

      Brian

  2. Wow…that is all I have to say! Keep it up and thank you for increasing our financial IQ!

  3. Hi Brian,

    I personally believe HLF is a good stock to hold in a long run.

    Regarding to Phil Town’s workshop, how valuable do you think about his workshop? I see that he has another 2 workshops coming up in March and April in Atlanta, GA but I am just not sure if it’s worth the trip going there. Mind sharing more detail about your experience through the workshop? 🙂

    Thanks.

    1. Hey Lawrance,

      Basically he teaches you how to find great companies at a great price (Usually 25-50% under value) as well as gives you a program that basically give you data of what the stock should be trading for by taking the last 10 years of how they have performed and also shows you how much debt based on earnings in years.I found this to be a great tool as you can see if the company is trending downwards. One of my favorite items is insider trading. It actually has a spot that shows you by the day if anyone in the company is buying or selling stock. That is day one and half of day 2. The rest teaches you how to take these great deals your finding and basically how to option trade them as well as ways to see how company trends are going. Personally it was worth every penny to me as it taught me to look deeper into companies before i buy them. It was part of the reason i had purchased HLF even though I should have followed the trends and waited a week longer or so. Hope this information helps you in making your decision.

      1. Thank you Brian for your information. I am digging into Phil’s Rule #1 website and his 5 lessons tutorials. Have you checked out these tutorials? Are they comparable to the information you get from the 3 days training? Thanks!

        1. When we went to the 3 day workshop he gave us the 5 lesson tutorial for 6 months as well as about 40 videos with different ways to value a stock and understanding trends etc…. He also does webinars about twice a month and they are about 1-2 hours long.

  4. Nice brian. Great growth. Highliner seems like a good buy. I bought them at 14 with lots of upside potential. Now its even better.

    Whats your thoughts on altagas? Great quarter but the stock got smoked. Lots of debt but things look good. Im debating adding to them but am energy heavy.

    I want to add to telus but that stock doesnt budge!

    Haha
    Keep it up Brian
    Cheers

    1. Ya once i ran some numbers HLF was just to good not to buy.

      As per Altagas I see no reason not to add or purchase as they have some great assets. I have the same issue of being energy heavy. It may be best to wait until we see them stop making new lows but either way the dividend if dripped would be a great purchase.

      I was watching BCE and Telus however i found them both overvalued, with cable users dropping off and interest rates rising these both should come back to reality and at a fair price.

      Thanks for your ongoing support!

      Brian

      1. I also hold HLF at 14 dollars. I thought I was already buying at a dip, but never expected it would have dropped even further! With the dividend and also the new CEO, I have confidence about their business will eventually grow better than now, to recover from all the bad news before. In the meantime, I will just sit, wait and enjoy my dividend and drip it.
        With BCE and Telus, I chose Telus as they have a better growth rate recently and with their goal of increasing dividend in the next two years, which I like their idea.
        I would suggest to wait unless you already hold their shares, for both HLF, BCE and Telus. Cheers~~

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