Welcome to September’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:
- Went to Boston for training.
- Celebrated my 29th birthday for the 7th time.
- Celebrated my sisters B-day.
- Z started gymnastics.
- C started sports ball.
- Went to Calgary for a wedding.
- Daddy-Daughter date.
Here’s are a few pictures
We celebrated our birthdays together
What a good movie
Now lets get down to business
Portfolio details:
Sold
I sold no dividend stocks this month
Purchased
I made no dividend purchases this month
Dividend increases as well as any dividend cuts
Good news as we had a increase this month, see September below
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
2016 – 2017 – 2018 Dividends
Pretty good quarterly month as dividends were $264.79 which increased year over year by 121%, this would also factor in new money spent . Although the last quarter looked better, that included some free trade costs so the dividend increase was 18%. Overall we are happy with the progress and really starting to look forward to next years potential on the portfolio.
Dividends received per stock and if they’re set up within the DRIP program
| September 2018 | Dividend Reinvestment Plan | ||
| Chartwell Retirement Residents | CSH.UN | $6.91 | Not enough |
| Cardinal Energy Ltd | CJ.TO | $8.86 | Yes |
| Northview Apartment REIT | NVU.UN | $27.43 | Yes |
| Plaza Retail Reit | PLZ.UN | $8.68 | 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 |
| Power Corporation of Canada | POW.TO | $31.65 | Yes |
| Exco Technologies | XTC.TO | $24.82 | Yes |
| Manulife Financial Corp | MFC.TO | 27.5 | Yes |
| High Liner Foods | HLF.TO | $59.45 | Yes |
| Chesswood Group LTD. | CHW.TO | $7.00 | Not enough |
| Total | $264.79 |
Currently sitting on a good chunk of cash and am looking at potentially buying into a bank as I still do not have one in the portfolio, the issue I have is the banks seem so inflated (with good reason) at the moment and would really like to add on a bit of a pullback. Here are the banks and a few others I’m looking at:
BNS, ENB, TD, T, CSH, MFC, ALA
ALA is new to the watch list and BCE has come off the list for now
What are you currently watching?
Any advise or suggestions?
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 as it should be a awesome month being a quarterly month.
Invest in yourself
Brian
nice brian. Great yr over yr increase as well!
happy belated birthday.
nice watchlist. Im debating more bns, mfc, bce or ala. Although altagas im debating selling and getting interpipeline. Got to really compare them both. Itp definately has a lower payout ratio, which is nice.
Surprised you removed bce. massive dividend and 5g may be pretty huge. Cutting cable is definately a trend but ppl may get it back for hockey season. (im debating it haha)
anyways keep it up man!
Thank you
ALA is a tough one, I’m going to hold and possibly add more, lots of insider buying going on there (What do they know that we don’t?). BNS will probably be in my future.
Your right about BCE, 5G will be big! Not sure if it will out do the cable cutting however that should eventually slow and maybe come back a bit as online viewing is not consistent. BCE tends not to do well until the new year begins (Based on the past 3 years) so it will probably get my attention at that time.
I really appreciate the feedback and your support!
Brian