In 2016 I made $4,039.79 in Canadian dividends and $1,266.04 in US dividends for a Canadian equivalent total of $5,706.77. Canadian equivalent interest payments were $3,889.50 which resulted in net dividends of $1,817.23 which is almost double the $957.05 in net dividends I received in 2015.
DGI&R Quarterly Dividends & Interest
*In 2014 I liquidated most of the portfolio to put a large down payment on a condo Ms. DGI&R and I bought and moved into. This is why dividend income drops off in the second half of 2014. Since then, I’ve been slowly building back the portfolio.
Why is there interest on my dividend income graph?
We purchased the condo with a re-advanceable mortgage, which is basically a traditional mortgage and a secured line of credit combined. As the mortgage portion is paid off, the credit limit on the line of credit portion increases. I’ve been paying off the mortgage aggressively and I use the line of credit to invest with when I find a reasonably cheap dividend growth stock to buy. That’s why you see the interest in yellow growing over time along with dividends. There is also some margin interest included here too as
… Continue reading 2016 Dividend Income Update
In an effort to be transparent I like to keep my readers up to date on my portfolio changes. By keeping an open book of my portfolio and changes to it, I hope to generate discussion so others can see how I put my investing philosophy into practice. An added bonus is that it makes me a better investor as I have to rationalize my investing decisions to others. This helps take some of the emotion out of my investing. For the most up to date portfolio changes follow my twitter account as I will usually tweet the day I buy or sell stocks and then follow-up with a blog post sometime later.
CVS Health Corp. purchased
On December 21, 2016 I purchased shares of CVS Health Corp [CVS Trend] for $79.41 + commission. At $80 the stock yields 2.5% which was the minimum dividend yield I wanted before investing in this company. I started looking at the company more seriously in November 2016 when it was in the mid to low 70′s. I was interested, but I wanted at least a 2.5% dividend yield. At the time I was
… Continue reading Portfolio Update – CVS Health Corp. Purchased
My Gingerbread Dragon.
I hope everyone is enjoying the Holidays so far. I’ve got about a week off from work and I’m really looking forward to some relaxing time with the family over the Holidays. On the theme of relaxing I thought I would write a cop-out article on my most popular posts in 2016 ;). This is an annual tradition for most bloggers, lol. So without further ado here they are…
Most Popular Page Canadian Dividend All-Star List
The Canadian Dividend All-Star List is a free excel spreadsheet of Canadian companies that have recorded 5 or more years of consecutive dividend increases. The list is updated monthly, contains an abundance of stock information and is used by most as a screening tool for Canadian dividend growth stocks. This page gets more page views than my home page and continues to be the most popular part of my blog. When I first started this blog I thought about what I could do that would add real value to my readers and this was one of the ideas I had. At the time I used (and continue to use) David
… Continue reading Annual Canadian Dividend All-Star List Update Coming Soon & 2016 Popular Posts
In an effort to be transparent I like to keep my readers up to date on my portfolio changes. By keeping an open book of my portfolio and changes to it, I hope to generate discussion so others can see how I put my investing philosophy into practice. An added bonus is that it makes me a better investor as I have to rationalize my investing decisions in a blog post. This helps take some of the emotion out of my investing. For the most up to date portfolio changes follow my twitter account as I will usually tweet the day I buy or sell stocks and then follow-up with a blog post sometime later.
Searching for Healthcare Dividend Growth Stocks
I recently re-discovered Novo Nordisk [NVO Trend] while trying to come up with a shortlist of dividend growth stocks I’d be willing to invest in by sector. As a Canadian dividend growth investor it is difficult to invest in the healthcare sector as there aren’t good candidates in Canada. Naturally, I started looking outside Canada to fill in the gaps to my portfolio. This led to
… Continue reading Portfolio Update – Novo Nordisk Purchased
When I wrote Financially Strong Canadian Dividend Growth Stocks & Their Credit Ratings I looked at Canadian companies with a dividend streak of 5 of more years and Bank of Montreal [BMO.TO]: a total of 89 companies. While compiling that list I was surprised to discover that there were 8 companies that didn’t have any long term debt. In this article I’m going to take a quick look at each of these 8 companies to determine if any warrant more in-depth research. We’ll start with the company with the longest dividend streak and work our way down from there. 1st on the the list is…
Pason Systems Inc. [PSI.TO]
“Pason Systems Inc. is a provider of data management systems for drilling rigs. The Company offers solutions, which include data acquisition, wellsite reporting, remote communications, and Web-based information management, enables collaboration between the rig and the office. It operates through three geographic segments: Canada, the United States, and International (Latin America, Offshore, the Eastern Hemisphere and the Middle East). Its Electronic Drilling Recorder (EDR) provides a complete system of drilling data
… Continue reading 8 Canadian Dividend Growth Stocks With No Long Term Debt
Your credit score is a number that ranges from 300 to 900 and is calculated from information in your credit report. The higher the number the better your score. This number is commonly used by lenders to help them determine your creditworthiness and interest rate. Your credit score will be looked at when you apply for a loan or credit card, but more and more employers, landlords and phone companies will also check your score.
Until now I wasn’t aware of a way to get your credit score in Canada for free online until I stumbled onto Borrowell’s website. Borrowell has partnered with Equifax and allows Canadians to check their credit score for free online. I typically reserve a healthy dose of skepticism for free things on the internet, but I was pleasantly surprised. Having signed up myself I can say that the process was fast and easy.
Free Online Canadian Credit Score
After a few minutes I’d filled out the form to create an account, confirmed my email address, answered a few verification questions for Equifax, and voila:
Example of Free Online Credit Score
I like that I have free
… Continue reading How To Get Your Free Canadian Online Credit Report & Credit Score
On April 19, 2016 I sold off some of my Home Capital Group Inc. [TSE:HCG Trend] position at $38.46/share less the commission. There are two main reasons I sold part of my position in the company: allocation and a chance to fix a mistake while taking some profit.
You can see from the pie charts below that this was my largest stock holding making up 16% of my portfolio. In addition to that I had a 44% exposure to the financial sector. This sale helped me reduce both those numbers.
I’m OK with having a high allocation to one stock while I grow my portfolio, but I don’t think Home Capital Group is a stock that you build your portfolio around. I’m not saying my reasons for buying the stock in the first place were wrong, it is just that I bought too much of it and it became my largest holding.
Home Capital has a long history of strong dividend growth with a dividend streak of 17 years and 5 and 10 year annual average dividend growth rates of 21.7% and 26.3% respectively. Coupled with its low payout ratio
… Continue reading Portfolio Update – Why I Sold Part of My Home Capital Group Inc. Position
One of the reasons I started this blog was to educate others and to improve my own investing. This is why I like to keep my readers up to date on my portfolio changes. I’ve been getting a bit behind with my portfolio updates so this is going to be a catch-up post of four January 2016 transactions that I haven’t discussed yet.
By keeping an open book of my portfolio and changes to it, I hope to generate discussion so others can see how I put my investing philosophy into practice. For the most up to date portfolio changes follow my twitter account as I will usually tweet the day I buy or sell stocks and then follow-up with a blog post.
January 20, 2016
On January 20, 2016 I took advantage of the stock market drop and purchased three companies: IBM [IBM Trend], Enbridge [TSE:ENB Trend], and National Bank [TSE:NA Trend]. I don’t know you if you remember, but January was a pretty ugly month for the stock market. Prices had been dropping for a few weeks,
… Continue reading January 2016 Portfolio Update – 3 Purchases & A Sale
Canadian Utilities Limited
One of the reasons I started this blog was to educate others and to improve my own investing. This is why I like to keep my readers up to date on my portfolio changes. For the most up to date portfolio changes follow my twitter account as I will usually tweet first and then follow-up with a blog post. By keeping an open book of my portfolio and changes to it, I hope to generate discussion so others can see how I put my investing philosophy into practice.
Canadian Utilities Limited Purchase
On December 8, 2015, I purchased shares of Canadian Utilities Limited [TSE:CU Trend Analysis] for $30.00 per share plus the commission. The company is a utility company engaged in the transmission and distribution of electricity and natural gas. They are also engaged in power generation and sales, natural gas gathering, processing, storage and liquids extraction. I purchased shares in this utility company for a number of reasons:
According to the Canadian Dividend All-Star List, it has the longest dividend streak of any Canadian
… Continue reading Portfolio Update: Canadian Utilities Limited Purchased