Welcome to November’s edition of more free money from dividend investing. Before we get started with the portfolio this is what we have been up to while the dividends continue to roll in.
Here are a few things we have been up to:
- We got some family photos done
- Grandma was in town and we brought the kids to spend some quality time together
- Kids very busy with activities
- Potty training a 2 year old is not fun
- Spent way too much money 😲
Here’s are a few pictures
Visit with Grandma
Probably the only picture of the four of us with all of us smiling at the camera
Glow gardens with some of the family
Now lets get down to business
Portfolio details:
Sold
I sold the same stock twice, I’ll explain. High liner foods announced another miserable quarter. That morning they halted trading and I put in my limit order to sell and it sold 417 shares at a price of $8.40. The stock before the announcement was at around $9.40. Over the next few days the stock became oversold and went as low as $6.19. So i decided to make a quick play and repurchased the stock with the same money that i sold and purchased 540 shares (That’s right i was able to receive 123 more shares with the same money). However waited until ex dividend and unloaded the shares as high liner no longer meets the criteria we are looking for. There is a pretty good chance over the next quarter or two that the dividend will get cut as revenues are decreasing as many don’t want breaded fish they want healthier options, reducing staff by 17% tells me they are being responsible it doesn’t show growth, debt level is quite high, shrimp business they bought a year and a half ago has some challenges and fish pricing is expected to go down in 2019 by 1-3% which will hurt High liner. Although i believe they will get where they need to be, i just don’t see that coming quickly. They are on the watch list however probably won’t look at them until a couple strong quarters come through for them which could take 12-18 months.
Purchased
Other than the quick trade on High Liner Foods no purchases were made
Dividend increases as well as any dividend cuts
January
No dividend increases in January
No dividend cuts this month
February
PLZ.UN increased the dividend from $0.26 to $0.27 which is an increase of 3.85%.
ENF increased the dividend from $2.053 to $2.26 which is an increase of 10.05%.
No dividend cuts this month
March
MFC increased the dividend from $0.82 to $0.88 which is an increase of 7.32%.
XTC increased the dividend from $0.32 to $0.34 which is an increase of 6.25%
No dividend cuts this month
April
FRU increased the dividend from $0.05 to $0.525 which is an increase of 5%
No dividend cuts this month
May
CSH.UN increased the dividend from $0.048 to $0.049 which is an increase of 2.1%, not a huge raise but I’ll take it!
No dividend cuts this month
June
POW.TO increased the dividend from $0.3585 to $0.382 which is an increase of 6.56%
No dividend cuts this month
July
No dividend increases in July
No dividend cuts this month
August
No dividend increases in August
No dividend cuts this month
September
SIA.TO increased the dividend from $0.75 to $0.765 which is an increase of 2%
No dividend cuts this month
October
No dividend increases in October
No dividend cuts this month
November
No dividend increases in November
No dividend cuts this month
2016 – 2017 – 2018 Dividends
Dividends received this month were $125.87 which is a 61% increase from last November’s total of $76.62. December should come in as the highest amount of dividends ever received.
Dividends received per stock and if they’re set up within the DRIP program
| November 2018 | Dividend Reinvestment Plan | ||
| Chartwell Retirement Residents | CSH.UN | $10.83 | Not enough |
| Cardinal Energy Ltd | CJ.TO | $8.89 | Yes |
| Northview Apartment REIT | NVU.UN | $27.57 | Yes |
| Plaza Retail Reit | PLZ.UN | $8.73 | Yes |
| Arc Resources Ltd | ARX.TO | $8.45 | 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 | $5.99 | Not enough |
| Gamehost Inc | GH.TO | $5.18 | Not enough |
| Sienna SR Living Inc | SIA.TO | $8.80 | Not enough |
| Superior Plus Corp | SPB.TO | $8.22 | Not enough |
| Diversified Royalty Corp | DIV.TO | $0.44 | Not enough |
| Chesswood Group LTD. | CHW.TO | $7.00 | Not enough |
| Total | $125.87 |
Well now that High Liner is in the past that has opened up a few dollars. Right now the market has been ugly having a really hard time finding stability. So if the time arises i will place that money to work but for now it’s on the sidlines.
Watch list: ENB, BNS, TD, ACB, DOL
What are you currently watching? What’s your opinion of where the market is headed.
I have been requested to write a blog on how to trade, that will be coming out within the next month.
Please 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!
See you all next month and remember…………………………
Invest in yourself
Brian
Hey Brian
Beautiful family pics. Regarding the potty training…I can relate. Our daughter just turned 3, and we spent a month or two last year doing the potty training thing…haha
I’ve got DOL on my watchlist as well – it’s down quite a bit. Good luck this month and hope you guys have a great holiday/new year!
Hey jordan,
Always good to hear people like yourself relate to the struggles that come with potty training.
I have a feeling DOL will be a screaming by later next year when the PE gets back to more of an acceptable level.
Have an awesome Christmas and new year!
Brian
dmiles1997@gmail.com
looking forward to watching what you send out
Thanks Dave!
nice Brian… great income and solid yr over yr growth.
Highliner is a hard one. Im down quite a bit, still holding but it is tempting to sell it….
im currently watching nutrien, bns, bmo, transcontinental and artis reit.
keep it up man!
cheers
I didn’t want to sell it but i just don’t see anything increasing the stock to end the year. The huge fish market in Mexico will help the first quarter and may buy it back then but we will see.
I really want to own a bank they just scare me a bit as they seem to be all trending downwards to end the year. That’s a nice watch list right there.
Thanks for supporting my path my friend that I’ve never met. Maybe we will meet down the road!
Brian