Recent Purchase: Alaris Royalty

New funds are now deposited to my investment account so it’s time to put that money to work. Today I purchased 55 shares of Alaris Royalty (AD.TO) for $16.53 per share. I’m a few days late on this purchase because last week they were just under $16, but I did not have the funds available. My total position in Alaris now consists of 195 shares with the market value of $3,159. With the recent purchase, my monthly dividend income will increase by $7.40.

About the company
Alaris provides capital to private businesses in return of royalty payments. The company currently has 15 income streams with $98 million in annual revenue. Alaris has approximately 80% of its fair value of investments in US based companies; 49% of invested dollars are exposed to business services, 40% to industrials, and 11% to consumer products and services.

Dividend History and Sustainability
  • Current dividend per share of $0.135 per month ($1.62 annual)
  • 10 consecutive dividend increases totalling 93% gross increase
  • Current annualized payout ratio at ~90%
  • Included in the Canadian Dividend Aristocrats Index

Recent Purchase: CT & RioCan REITs

My Student Transportation (STB.TO) shares got sold last week and I received about $3,200 for my 340 shares. I will certainly miss this holding in my portfolio. It was one of those recession proof stock with good monthly dividend.

I decided to use the cash and add to my existing positions instead of buying new companies. So I bought two reliable REITs to strengthen my portfolio.

CT REIT

My first buy was CT Reit (CRT.UN.TO). I doubled my holding by adding 110 shares at $13.26 per share. They mainly lease properties to Canadian Tire stores and I feel very comfortable about Canadian Tire business model and growth. The dividend yield is 5.5% and they pay every month. This purchase will add $6.67 to my monthly dividend income.

RIOCAN REIT

My second buy was RioCan Reit (REI.UN.TO). I almost doubled my holding by adding 75 shares at $23.42 per share. RioCan is the largest reit in Canada which owes 289 properties. Riocan also pays out every month and their dividend yield is 6.15%. The yield is slightly higher to its historical average, but that’s because the share price is low. This purchase will add $9.00 to my monthly dividend income.

Well, here goes my capital rotation! Happy investing, guys!

Portfolio Value Update - April 2018


Portfolio Value 
As of April 30, 2018 my investment portfolio balance stood at $55,772.50. That’s an increase of $1,658.24 from last month. The stock market rebounded slightly, helping my portfolio cross the 55K mark. Two stocks in particular that fueled my portfolio. Magna (MG.TO) and Pure Multi-Family REIT (RUF.UN.VN) increased in value by 9% and 16% respectively. 

3 Years Portfolio Value Growth

Dividends 
In April, I received $255.89 in dividends vs $208.59 for the same period a year ago. That's an increase of $47.30 or 22% on year-over-year basis. My total year-to-date dividend income is $994.57. So far my portfolio generates enough income to cover property taxes and energy cost, or 2 weeks of groceries. I don’t need to use that money so I reinvest it back into dividend paying stocks.


Purchased more shares of AltaGas (ALA.TO)

Hello folks. Today I made another purchase in AltaGas company. I couldn’t resist the sell-off of ALA stock and decided to take advantage of the low share price. I purchased 39 shares for $25.57 per share. This was my third purchase in this stock and my position in AltaGas is now full.

I started to accumulate ALA shares in 2016 by purchasing 30 shares for $33 per share. Later in 2017, I purchased another batch of 30 shares for $31 per share. In April 2018, I purchased my final batch of 39 shares. My total position of ALA consists of 99 shares.


 
AltaGas is a North American energy infrastructure company based in Calgary, Alberta. The company operates in three business segments: gas, power generation, and utilities. The company is in the process of acquiring WGL Holdings

So that was my purchase for the month. I’m glad I finally filled my position in AltaGas. Next month I'm planning to buy more shares in Brookfield Property Partners if the share price stays low.

Portfolio Value Update - March 2018

Portfolio Value
As of March 31, 2018 my investment portfolio balance stood at $54,114.26. That’s an increase of $772.79 from last month. March was another volatile month for the stock market. However, my portfolio did better compared to January and February. I’m glad to have a positive growth despite volatile swings. Daily price fluctuations do not affect me. I just execute my plan when I see good buying opportunities. I'm looking forward to see what April will bring us.


Dividends
In March, I received a total of $261.40 in dividends vs $214.37 for the same period a year ago. That's an increase of $47.03 or 22% on year-over-year basis. This is the first time I crossed $250 mark from regular monthly dividends. This is certainly a nice chunk of cash that is reinvested back into the stock market. So far this year I receive a total of $738.68 in dividends. That's already more than my regular monthly contribution. That means that every quarter I receive enough money from dividends to make a regular purchase.