Portfolio Value Update - May 2021

Portfolio Value
I can’t believe it’s already June! Summer! It’s time to report my May progress. In May, my portfolio increased by $2,058 from $121,716 to $123,774. The increase in value is attributed to stock market appreciation. The markets are hot and stocks continue to trade at high valuations. I have a bit of cash sitting in the account and if we get some pullback, I will take the opportunity to buy. I’m thinking investing in energy stocks, like adding more to Suncor, Enbridge, and Pembina. The world is thirsty for oil and the demand will only increase due to summer driving season.



Dividends
Dividends received in May 2021: $475.69
Dividends received in May 2020: $361.70
Year-Over-Year Dividend Growth: $113.99 or 31.51%
Year-To-Date Dividend Income: $2,294.59

Portfolio Value Update - April 2021

Portfolio Value
In April, my stock portfolio increased by $3,259 and closed at $121,716. The jump in portfolio value is only attributed to stocks appreciation. I did not add any new funds, but I did purchase some stocks. The money that I received from Genworth Canada buyout was invested in Dream Industrial reit. You can read about this in my previous post. The stock market is getting expensive month after month, but I feel like the Canadian market is lagging. But that’s OK because there are still some investment opportunities left on the table.


Dividends
Dividends received in April 2021: $463.27
Dividends received in April 2020: $407.79
Year-Over-Year Dividend Growth: $55.48 or 13.60%
Year-To-Date Dividend Income: $1,818.90

April 2021: Buyout and New Stock Purchase

Hey guys welcome back to my blog. I got a few things to share regarding my stock portfolio. One of my stocks was recently bought out and I used the money to invest in another stock.

Genworth MI Canada

Let’s start with the stock that was bought out. About 18 months ago I bought 40 shares of Genworth MI Canada (MIC.TO) for $52.30 per share. This company provides mortgage insurance in Canada. It was partially owned by Brookfield Business Partners and this year Brookfield decided to buy all of outstanding shares. When the Covid happened the stock price dropped way below my purchase price and the deal was finalized at $43.50 per share. Not a bad deal for Brookfield to pick up good companies at depressed prices. For my 40 shares of MIC I received $1740 in cash. That’s a capital loss of $360, but I received $466 in dividends for holding the stock for about 18 months. Thankfully the dividends helped offset the loss and the investment yielded a small gain.

Dream Industrial REIT

I decided to invest in Dream Industrial REIT because I like the industrial space. Dream Industrial owns and operates a diversified portfolio of high-quality industrial real estate in Canada, the U.S. and Europe. Industrial REITs are not as risky as retail or office reits. Regardless of how consumers will shop and work, the industrial REITs will always be in demand. The goods need to be shipped, stored and distributed. I had about $3000 in cash available to invest and I decided to go all in! I bought 215 shares at $13.53 per share for a total amount of $2,908.95. The yield is about 5% and this purchase should add $12.53 per month in dividend income.

Portfolio Value Update - March 2021

Portfolio Value
In March, my stock portfolio increased by $6,286 and closed at $118,457. Considering the size of my portfolio – that’s a big increase. The jump in portfolio value is only attributed to stocks appreciation. I did not add new funds, nor did I purchase anything. I just let the dividends accumulate and hopefully will buy new stocks in April.



Dividends
Dividends received in March 2021: $454.91
Dividends received in March 2020: $480.55
Year-Over-Year Dividend Growth: -$25.64 or -5.33%
Year-To-Date Dividend Income: $1,355.63

I had a negative growth rate in March compared to last year. This is because last year I received a special dividend of $92.80 from Genworth MI Canada. If I were to exclude the special dividend, the growth rate would have been 17.32%.

Portfolio Value Update - February 2021

Portfolio Value
In February, my stock portfolio increased by $2,027 and closed at $112,171. The increase is attributed to stocks appreciation. I did not add new funds, but I plan to transfer some money to my taxable account for March purchases.



Dividends
Dividends received in February 2021: $449.80
Dividends received in January 2020: $465.14
Year-Over-Year Dividend Growth: -$15.34 or -3.29%
Year-To-Date Dividend Income: $900.72

I had a negative growth rate in February compared to last year. This is because last year I received a special dividend of $92.80 from Genworth MI Canada. On adjusted basis, the dividend growth rate would have been 20.80%.