Portfolio Value Update - June 2021

Welcome back to my blog. I hope you’re doing well and enjoying the summer. June is now behind us and it’s time to report my monthly progress.



Portfolio Value
In June, my portfolio value increased by $3,130 from $123,774 to $126,904. The increase is attributed exclusively to stocks appreciation. I did not add any new funds to my accounts.



Dividends
Dividends received in June 2021: $443.67
Dividends received in June 2020: $361.07
Year-Over-Year Dividend Growth: $82.60 or 23%
Year-To-Date Dividend Income: $2,738.26

My dividend income was short by approx. $26 because I sold Brookfield Property Partners (BPY.UN). I reinvested the cash but it will take a few months for new dividends to reflect in the account.



The Sale of Brookfield Property Partners and Purchased Two Canadian Stocks

Hey guys! So, this Friday, June 25, I made a few transactions in my TFSA account. I sold the entire BPY position and bought two other stocks. The reason I sold Brookfield Property Partners (BPY) is because they will be acquired very soon anyway.

I had 186 shares/units of BPY that I bought between 2017 and 2019 for an average price of around $27 per share. When covid hit, the stock tanked to under $10 because most of retail stores and malls had to close. That negatively affected BPY and many other retail REITs. Right now, BPY trades at pre-covid level and slightly higher for what the company will be acquired for. I decided to exit and sold all shares for $23.35 per share. I booked a loss of $699 but the dividends that I received in the last four years had offset the loss completely. Considering how low the stock price “dipped” during covid, my loss could have been a lot bigger.

 



As soon as I sold BPY, I bought two other stocks. You know me. I hate to hold cash and try to redeploy the capital asap. I added 100 shares of Algonquin Power (AQN.TO) to my position and started a new position in Bell (BCE.TO) by purchasing 50 shares. I believe both companies are solid and should provide great returns going forward. For AQN I paid $18.87 per share and for BCE I paid $60.72 per share.

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.