A dividend reinvestment plan (DRIP) is a plan for shareholders of a company that allows them to reinvest their cash payment from dividends with the purchase of more shares in the same company. There are two types of DRIPs, a synthetic DRIP and a traditional DRIP. A synthetic DRIP is a plan that is provided…
A dividend reinvestment plan (DRIP) is a plan for shareholders of a company that allows them to reinvest their dividends with the purchase of more shares. In most DRIPs, when the cash from the dividend is used to buy more shares there is no fee/commission charged. This is the main advantage of a DRIP, low…
Two of the blogs I follow (Dividend Growth Investor and Dividend Mantra) recently announced that they bought shares of Target Corporation. I have a similar strategy to these other bloggers, so I thought I should check Target Corporation out too. Target Corporation has been having difficulty with its Canadian expansion plans and they recently announced higher…
For those new to the blog, I like to keep my readers up to date on portfolio changes. One of the reasons I started this blog was to educate others, but also to improve my own investing. By keeping an open book of my portfolio and changes to it, I hope to generate discussion so others…
I’m sorry to say, that it doesn’t look like dividend growth from Sun Life Financial is going to happen for a few years. Because of this I decided to sell my shares. My investing style is to buy quality dividend growth stocks at attractive prices and collect the increasing stream of dividend income in order…
As a way of tracking my progress towards financial freedom I total up the dividends I received each month. The end goal is to have my dividends cover my expenses. This is a long term goal, so I have a lot of years to go, but I find it encouraging to see my dividend income…
It’s a few days late, but I’ve updated the Canadian Dividend All-Star List for the month (or maybe I should say the year). You can download the latest version here. As you know the Canadian Dividend All-Star List is a list of Canadian companies that have increased their dividend for 5 or more years in…
