Dividend Portfolio Update - May 2015

Dividend Portfolio Value

As at May 31, 2015, my dividend portfolio balance is at $21,627.19, up by about $200 from the previous month. I knew that a small correction is coming in May. The Canadian stock market lost about 400 points as many Canadian stocks corrected 5 to 10 percent across the board. The price of oil is trading at the same level as it did a month ago. It’s hard to predict what will happen with oil price as many companies increasing their production to keep up with revenue stream. The price chart of crude oil is below:

My Investment Account (TFSA) 

My TFSA consists of 23 Canadian dividend paying stocks. Most of my stocks pay dividends on monthly basis. This allows me to collect dividends and reinvest them into dividend paying stocks more rapidly. I will pursue my strategy for this year and the next, until I double monthly dividends to $200 per month. Then I will be adding Utilities and Banks to my portfolio.

Dividends

For the month of May, I received a total of $110.03 in dividends vs $87.52 for the same period a year ago. That's an increase of $22.51 or 25% on year-over-year basis. My total Year-to-Date dividend income for 2015 is $545.79. All dividends are reinvested back into dividend paying stocks.

Contributions

During the month of May, I contributed $800 to my TFSA. My objective for 2015 is to contribute $6,000. So far, the total contribution for 2015 is $4,000. If I continue to put $800 per month, I will reach my contribution objective by August 2015.

Transactions

Student Transportation (STB.TO)

I bought 60 shares of STB at $6.35 per share. I decided to take advantage of a recent pullback in share price. The Company is a provider of school bus transportation services in North America, operating more than 12,000 vehicles in over 300 school districts. At the current price, STB offers a 9% dividend yield and this purchase will bring additional $2.78 per month in dividend income.

Greenville Strategic Royalty Corp (GRC.V)

I bought 600 shares of GRC at $0.89 per share. This is not a typical name that I buy for my portfolio, but I was looking at it for a long time and since the company started to pay a dividend in March, I decided to jump in because now the stock qualifies for my portfolio. They provide financing to companies that can’t get bank financing, and they take a royalty on the sales. Their payback on these investments is 4 years, and the return on the investments is about 25%. The guys running this are very experienced and are deploying the money effectively. I will accumulate more shares throughout the year. The dividend yield is about 5.5% and this purchase will bring additional $2.50 per month in dividend income.

Dividend Portfolio Update - April 2015

Dividend Portfolio Value

As at April 30, 2015, my dividend portfolio balance is at $21,438.60, up by about $1,200 from the previous month. The main increase in portfolio value was caused by the new contribution of $800 to my Tax-Free Savings Account. The other portion of the increase came from oil stocks and dividends. Oil stocks like BTE, CPG, and FRU played a major role for my portfolio to increase in value. The crude oil also rebounded as of late, from $48 per barrel back in March to $59 per barrel today. There’s no more bad press about the oil so the fear factor is out of the way. We’ll see in May if the oil will continue its trend. The 200 day-moving-average is at $69 which is a long way to go, but given the fact that we are entering the soft market season, the oil might pullback to the 50 dollar mark.

My Investment Account (TFSA)

My TFSA consists of 22 Canadian dividend paying stocks. Most of my stocks pay dividends on monthly basis. This allows me to collect dividends and reinvest them into dividend paying stocks more rapidly. I will pursue my strategy for this year and the next, until I double monthly dividends to $200 per month. Then I will be adding Utilities and Banks to my portfolio.

Dividends

For the month of April, I received a total of $112.94 in dividends vs $91.72 for the same period a year ago. That's an increase of $21.22 or 23% on year-over-year basis. My total Year-to-Date dividend income for 2015 is $435.76. All dividends are reinvested back into dividend paying stocks.

Dividend increases

Pizza Pizza Royalty Corp. (PZA.TO) announced a 1.9% in its monthly dividend. The dividend per share will increase to $0.068 per month from $0.0667. On annualized basis, the dividend will increase to $0.816 from $0.8004.

Contributions

During the month of April, I contributed $800 to my TFSA. My objective for 2015 is to contribute $6,000. So far, the total contribution for 2015 is $3,200. If I continue to put $800 per month, I will reach my contribution objective by August 2015.

TFSA News

The federal government increased the yearly contribution limit for the TFSA account. I can now contribute $10,000 per year instead of $5,500 per year. My objective for 2015 was to contribute a total amount of $6,000, but we’ll see how it goes with the money. I might continue to put $800 per month until the end of the year to reach almost $10,000! With the increase contribution room, I will achieve my long-term goal a lot sooner.

Transactions

Medical Facilities (DR.TO)

I bought 50 shares of DR at $17 per share. I decided to take advantage of a recent pullback in share price. Medical Facilities own private surgical clinics in the States and their business model is very solid. Medical Facilities has a 6.88% dividend yield and this purchase will bring additional $4.68 per month in dividend income.

Dividend Portfolio Update - March 2015

Dividend Portfolio Value

As at March 31, 2015 my dividend portfolio balance is at $20,246.10, up by about $515 from the previous month. The main increase in portfolio value was caused by the new contribution of $800 to my Tax-Free Savings Account. The stocks pulled back by mid-March as they historically do and now they are back up to their previous highs except for REITs which are still lagging behind. There’s uncertainty in the market about REITs growth as Target and Future Shop are closing in Canada. Half of Future Shop stores will be converted into Best Buy stores. There will be a lot of vacant space coming on stream.

My TFSA consists of 21 Canadian dividend paying stocks. Most of my stocks pay dividends on monthly basis. This allows me to collect dividends and reinvest them into dividend paying stocks quicker. I will pursue my strategy for this year and the next, until I double monthly dividends to $200 per month. Then I will be adding Utilities and Banks to my portfolio.

Dividends

For the month of March, I received a total of $109.76 in dividends vs $83.23 for the same period a year ago. That's an increase of $22.15 or 32% on year-over-year basis. My total Year-to-Date dividend income for 2015 is $322.82. All dividends are reinvested back into dividend paying stocks.

Dividend increases

EnerCare (ECI.TO) announced a 15.9% dividend increase in March when they released their quarter earnings. The increase should reflect on April payout.

Contributions

During the month of March, I contributed $800 to my TFSA. My objective for 2015 is to contribute $6,000. So far, the total contribution for 2015 is $2,400. If I continue to put $800 per month, I will reach my contribution objective by August 2015.

Transactions

Alaris Royalty (AD.TO)

I purchased 26 shares of AD at $32.65 per share. I decided to take advantage of a recent pull back in share price. Alaris Royalty has a 4.53% dividend yield and this purchase will bring additional $3.25 per month in dividend income.

Dividend Portfolio Update - February 2015

Dividend Portfolio Value

As of February 28, 2015 my dividend portfolio balance is at $19,731.50, up by about $970 from the previous month. The main increase in portfolio value was caused by the new contribution of $800 to my Tax-Free Savings Account. The net result of stock fluctuations had a little effect on portfolio balance.

Dividends

For the month of February, I received a total of $105.38 in dividends vs $83.23 for the same period a year ago. That's an increase of $22.15 or 26% on year-over-year basis. My total Year-to-Date dividend income for 2015 is $213.06. For the past 5 months, my dividends were over $100 per month and I hope that it will continue to go higher.

Contributions

During the month of February, I contributed $800 to my TFSA. My objective for 2015 is to contribute $6,000. So far, the total contribution is $1,600. If I continue to put $800 per month, I will reach my contribution objective by August 2015.

Transactions

First National (FN.TO)

I purchased 35 shares of FN at $22.87 per share. First National is Canada’s largest non-bank lender for both commercial and residential mortgages. This is the great way for me to get into the mortgage play and take advantage of future interest increases. First National has a 6.85% dividend yield and this purchase will bring additional $4.35 per month in dividend income.

Milestones

During the month of February, my portfolio reached two milestones. It crossed the 19K mark and then the 20K mark. It’s back down under 20K. Also, on February 3, I had the best 1 day gain of $486.

Dividend Portfolio Update - January 2015

Dividend Portfolio Value

As of January 31, 2015 my dividend portfolio balance is at $18,759.35, up by about $700 from previous month. The main increase in portfolio value was caused by the new contribution to my Tax-Free Savings Account. The net result of stock fluctuations had a little effect on portfolio balance. The loss from energy stocks was offset with gains from real estate stocks. In January alone, my REITs have gone up in value from 10% to 12%. I think the decrease in interest rates played a major role for REITs to go up.

Dividends

For the month of January, I received a total of $107.68 in dividends vs $87.30 for the same period a year ago. That's an increase of $20.38 or 23% on year-over-year basis. My total Year-to-Date dividend income for 2015 is $107.68. For the past 4 months, my dividends were over $100 per month and I hope that it will continue to go higher.

Dividend increases

CT Reit has increased their distribution by 2%, so my monthly income from CT is up by 5 cents to $2.49 from $2.44. Insignificant amount but better than nothing.

Contributions

During the month of January, I contributed $800 to my TFSA. My objective for 2015 is to contribute $6,000. If I continue to put $800 per month, I will reach my contribution objective by August 2015.

Transactions

Dream Office REIT (D.UN.TO)

I added 15 shares to my existing position at $26.88 per share. Dream Office has a 8.25% dividend yield and this purchase will bring additional $2.80 per month in dividend income.

Regal Lifestyle Communities (RLC.TO)

I added 50 shares to my existing position at $8.95 per share. RLC has a 7.92% dividend yield and this purchase will bring additional $2.90 per month in dividend income.

Milestones

On January 16, 2015, my portfolio gained $466.55 - the best 1 day gain ever. This amount is still shy from the worst 1 day loss which is $597.60.