Sometimes life happens and sadly, I did not make any purchases for June or July. June was a busy month with spring colds, school IEP meetings and the inevitable end of school year madness. July was the start of summer camp and I took a nice trip to the UK and Germany to visit friends and family. However, now that we are in August I am looking at doubling up my purchases this month to make up for missing June and July. I am currently researching which companies to buy and maybe top up a few I already hold, so stay tuned I should have it posted in the next week!
I am slowly but surely moving up! Lately I’ve enjoyed looking at how other dividend bloggers started off in their first year. Each month they slowly increased their dividends to what they are today and it shows me that anyone can do it. Even a stay-at-home mom!
Laurentian Bank of Canada $3.15
Emera Inc $23.17
Inter Pipeline Ltd $11.48
Transalta Renewables Inc $6.66
Total : $44.46
Plaza Retail REIT $5.48
Bringing my dividends to…
2018 Dividend Total: $234.77
2018 RRSP Dividend Total: $19.12
This is definitely motivating me to keep investing and slowly increasing my dividends. The $44 is enough to pay for a coffee almost every day of the month 🙂 Now I just need to double it so I can buy my husband a coffee as well! Hahaha…
After my father passed last year, I asked my siblings if I could inherit two things; my father’s investment books and his coffee machine. They graciously agreed and I am forever grateful. The boxes of books had been sitting in my little Québecois home for the past few months. Finding time to unpack and then read with four little kids is a challenge. Hats off to any parent who can achieve this!
However, this month I was able to crack open a book. I picked a classic, Common Stocks and Uncommon Profits by Philip A. Fisher (This is an affiliate link). I had flipped through this book before but never got around to reading it in detail. With the help of an audiobook, I will hopefully be done reading it by the end of this decade. Wish me luck!
Back from a lovely holiday visiting friends and family in the UK. A bit behind my postings, so now I am playing catch-up!
With my $1000 monthly TFSA deposit and some leftover dividends in my cash account, I topped up my holdings in Fortis by adding 24 shares at a cost of $41.73 each this past May. This brings my total holdings in Fortis to 26.
Also, in my RRSP I purchased 51 extra shares of Plaza Retail REIT at a cost of $4.28 per share. Bringing my holdings to 286.
I am so glad to top up my Fortis. It is one of the top 15 North American utility companies and we always need power and heating. I am happy to have more of it in my portfolio.
More to come soon!
Have a lovely summer.
Long overdue, my April dividends are here.
My TFSA paid the following:
In my RRSP, PLZ.UN.TO paid a beautiful $5.48.
Bringing my annual dividend total to…
2018 Dividend Total: $190.31
2018 RRSP Dividend Total to $13.64.
Go me go 🙂
A blessed Easter to all of you!
In the beginning of 2009, I was twenty-two years old, just out of University and the American sub-prime mortgage kerfuffle was well underway. I had a little money to spare, but back in 2009 in order to set up a self-directed discount brokerage account one needed a large deposit. Something I did not have. Except at Canadian Shareowners a co-operative investing service. I bought two companies, Royal Bank of Canada and Berkshire Hathaway Class B. Royal Bank (at the advice of my dad) was chosen since I did not have any banking stocks. Berkshire was my choice. I did not choose it for dividends since there are none, but because I wanted to be a part of the “club.” Being a part of the “club” meant I would receive the annual shareholder’s package and an invitation to the annual shareholder meeting in Omaha, Nebraska (I was hopeful that one day I would go before Charlie Munger and Warren Buffet die, but alas, it has yet to happen).
At the time I purchased them, Royal Bank was trading at around $26 CAD, and I was able to purchase just over three shares (a total of $86.99 CAD). Berkshire was trading at roughly $2384 USD and I was able to purchase a fraction of a share, or 0.027 to be exact ($64 USD). All the dividends from Royal Bank were reinvested, while Berkshire had no reinvestment or dividends.
After 8 years, this is what has happened. And please ignore the Bank of Nova Scotia! 😐
My $173 CAD turned into $785 CAD. And this is with all the wonky ups and downs the TSX is having at the moment and of course inflation. Not too shabby, …for me not doing anything. 😏
Below is a snapshot of the growth of these two purchases from February 2009 to December 2017.
The moral of the story is… I should become a Fund Manager 😜 and market my Royal Bank and Berkshire Class B Fund and claim phenomenal annual returns!
However, no matter how little I invest it is better than nothing even over the medium term (8 years). I am only 32, so imagine what can happen over the next 8 years. Or, if there is another market correction and I purchase more shares at a discounted price?
Wonderful, isn’t it!
March dividends have rolled in!
First up is my trusty ole’ Enbridge coming in at $133.38 for the first quarter. My holdings are now standing at 200 shares.
In my TFSA, my 2 shares of Fortis a small but consistent $0.85. My first dividend from InterPipeline at $11.48. Lastly, in my RRSP, Plaza Retail REIT at $5.48.
Bringing my annual dividends total to…
2018 TFSA Dividend Total : $166.88
2018 RRSP Dividend Total : $8.16
Counting only the dividends in my TFSA, I still need $583.12 to reach my goal of $750 in annual dividends. I am 22% of the way there 🙂
March break, colds, Easter and God knows what else has kept me away from posting, but alas I am here to tell you two words, Transalta Renewables. I bought Transalta Renewables. Eighty-five shares to be exact.
Why? I have no idea why.
Oh, wait yes I do. Growth potential and dividends. Here in Ste-Clotilde I see them everyday. Not Transalta exactly, but their potential. Just a stones throw away on Covey Hill and in St-Remi there are windmills. Giant, giant windmills. As well, with the way things are going with policymakers in Canada and the desire for “diversified” sources of energy, Transalta was my choice purchase this month.
Do you own them? Why? Why not?
Oh, and I bought around $100 CAD worth of Bank of Nova Scotia through Canadian Shareowners. However, I need to save this for another post!
Until next time, happy investing!
I logged into Twitter on Saturday to see what was going on in the world and I noticed a lot of tweets about the REIT Cominar. It ends up management has decided to decrease the stock’s dividend to $0.06 cents per unit. The few dividend investors that I follow online (and who probably own more stocks than I do) were visibly upset about the dividend cut and threatened to sell their shares the following Monday when the stock market opens again.
Although I don’t currently own any shares in Cominar, I started looking into what their management was trying to achieve with these dividend cuts. For one, they need to get their debt ratio below 50%. As of December 31st, 2017 it was at 57.4%, up from 52.4%. But I get it. They need to stop the financial bleeding. Too much is going out in dividends compared to what they actually earn. My husband and I had the same problem while we were paying for our son’s ABA therapy. We were hemorrhaging money it was so expensive. Think $6k per month in medical expenses. However, once our son’s therapy ended, we had to tighten our belts again, even more so than before to get back on our feet.
I do think there is ‘dividend hope’ for Cominar. They need to cut their dividend to insure they can continue paying dividends in the future. In fact, if I get a chance to take a closer look at their numbers (remember, I have four kids) I might even consider adding them to my nascent portfolio in spite of the recent news. I live in Québec where Cominar has a huge stake, and Québec is steadily growing. A few areas that immediately come to mind are Vaudreuil, St-Remi, and the northern part of the Montérégie region in general. The growth they are currently experiencing is impressive.
Here is a link to the recent news on Cominar where I gathered some of my information.
Tell me what you think of the news. Is Cominar a part of your portfolio?