Market overview
Equity markets have continued
to reach new all-time highs during a traditionally slower seasonal period.
Earnings growth in the second quarter was very strong in both the Canadian and
U.S. markets.
Dividend portfolio value
As of August 31, 2014 my dividend portfolio
balance is at $18,000.05. August was a very busy month as many companies
reported their quarter earnings. So there was a lot of report for investors to
digest. I read every singe report of the companies that I own and most of them
had good quarters.
Dividends
For the month of
August, I received a total of $88.65 in dividends vs $95.73 for the same month a
year ago. My dividend income decreased by 7.4 % on year over year basis mainly
due to dividend cut by Lightstream Resources . My total Year-to-Date dividend
income for 2014 is
$702.48.
My goal for 2014 is to receive $1000 in dividend income and I'm on track to meet my goal.
Dividend increases
Cominar (CUF.UN.TO) increased their distribution by 5.1% from
12 cents per unit to 12.25 cents.
Contributions
During the month of August, I
was able to contribute a total of $1000 to my TFSA (Tax-Free Savings Account).
My objective for 2014 is to contribute $5,000. In order to meet my goal, I will
need to save and contribute another $3000 to my TFSA account before the end of
the year.
Transactions
In August I was actively
relocating my capital into different companies. I decided to divest from VSN.TO
and invest into different sectors to diversify my portfolio. My capital gain
from VSN sale was 39% + 14% dividends from two years period. So my total gain
from the sale was 53%.
1. Sold 150 shares of VSN.TO
for $18.18
2. Bought 100 shares of RLC.TO for $8.44
3. Bought 20 shares of WJX.TO for $36.18
4. Bought 30 shares of CUF.UN.TO for $19.06
5. Bought 15 shares of D.UN.TO for $29.21
6. Bought 10 shares of CPG.TO for $43.30
7. Bought 30 shares of LW.TO for $12.92
Milestones
A new milestone was reached on
August 26, 2014. At the end of the trading day, the balance was $18,029.75.
Stocks in my dividend portfolio
Alaris Royalty - AD.TO
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website
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comments |
chart
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technical analysis |
insiders |
Baytex Energy - BTE.TO |
website
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comments
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chart
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technical analysis
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insiders
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Crescent Point - CPG.TO |
website |
comments |
chart |
technical analysis |
insiders |
Cominar REIT - CUF.UN.TO |
website |
comments |
chart |
technical analysis |
insiders |
Dream Office REIT - D.UN.TO |
website |
comments |
chart |
technical analysis |
insiders |
Medical Facilities - DR.TO |
website
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comments
| chart
| technical analysis |
insiders |
EnerCare - ECI.TO |
website |
comments
| chart |
technical analysis |
insiders |
First Capital Realty - FCR.TO |
website |
comments |
chart |
technical analysis |
insiders |
Freehold Royalties - FRU.TO |
website
| comments |
chart |
technical analysis |
insiders |
H&R REIT - HR.UN.TO |
website
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comments
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chart
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technical analysis
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insiders
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Liquor Stores - LIQ.TO |
website
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comments
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chart
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technical analysis |
insiders
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Lightstream Resources - LTS.TO
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website |
comments |
chart |
technical analysis |
insiders |
Leisureworld Senior Care - LW.TO
| website |
comments |
chart |
technical analysis |
insiders |
Morneau Shepell - MSI.TO
| website |
comments |
chart |
technical analysis |
insiders |
New Flyer Industries - NFI.TO
| website |
comments |
chart |
technical analysis |
insiders |
Pizza Pizza - PZA.TO |
website |
comments |
chart |
technical analysis |
insiders |
Riocan REIT - REI.UN.TO
| website |
comments |
chart |
technical analysis |
insiders |
Regal Lifestyle - RLC.TO |
website |
comments |
chart |
technical analysis |
insiders |
Student Transportation -
STB.TO
| website |
comments |
chart |
technical analysis |
insiders |
Wajax Corp - WJX.TO |
website |
comments |
chart |
technical analysis |
insiders |
Market outlook
Short term and long term we
could see very different things from the markets. Heading into September we are
entering the weakest month of the year historically for the markets. Short term
corrections are difficult to time as they are just too unpredictable.
Historically a 5 percent correction occurs every seven months and it’s been 13
months since the last five percent correction. The 30 year average return for
the month of September is -1.45 percent for the S&P/TSX. From a statistical
standpoint and from a seasonal standpoint we are due for a correction.
Longer term the markets continue to look good. Starting the end of September we are entering the strongest seven months of the entire four year presidential cycle. Investors can use any possible weakness in September to position portfolios for the upcoming period of market strength.
