Merry Christmas! Happy New 2016 Year!

Dear Readers,

Wishing you and your family a very Merry Christmas and a Happy New Year. May this joyful season greet you with health and happiness. Wishing you the best during this joyful season.

To all my fellow dividend investors, may the new year bring you higher returns and dividend increases! Happy holidays! Good luck to all!

Dividend Portfolio Update - November 2015

Dividend Portfolio Value

By the end of November 30, 2015, my dividend portfolio balance was at 23,884.85, up by about $960 from the previous month. The main increase in portfolio value is attributed to capital contribution and dividends. Last month, I started to invest fresh capital into energy stocks. I continued with the same strategy in November. I added some shares of Freehold Royalties while they are very cheap.

Dividends

In November, I received a total of $141.15 in dividends vs $110.32 for the same period a year ago. That's an increase of $30.83 or 28% on year-over-year basis. My total Year-to-Date dividend income for 2015 is $1,365.84. My dividend goal for 2015 is to receive $1,400. All dividends are reinvested back into dividend paying stocks.

Contributions

In November, I added $800 of fresh capital to my account. So far my total contribution for 2015 reached $8,800. My priority is to maximize my TFSA account each year. The current TFSA contribution limit is $10,000 per year.

My Investment Account (Tax Free Savings Account)

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.

                                                                                

Transactions

I bought 85 shares of FREEHOLD ROYALTIES (FRU.TO) at $11.17 per share. I'm slowly putting money back to work into energy stocks. I'm investing in royalty names first, then I will add some pipelines and finally I will add some producers.

Dividend Portfolio Update - October 2015

Dividend Portfolio Value

By the end of October 31, 2015, my dividend portfolio balance was at 22,920.66, up by about $1070 from the previous month. The main increase in portfolio value is attributed to the new capital contribution and dividends.

Dividends

In October, I received a total of $152.53 in dividends vs $108.17 for the same period a year ago. That's an increase of $44.36 or 41% on year-over-year basis. My total Year-to-Date dividend income for 2015 is $1,223.69. My dividend goal for 2015 is to receive $1,400. All dividends are reinvested back into dividend paying stocks.

Contributions

In October, I added $800 of fresh capital to my account. So far my total contribution for 2015 reached $8,000. My priority is to maximize my TFSA account each year. The current TFSA contribution limit is $10,000 per year.

My Investment Account (Tax Free Savings Account)

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.


Transactions

Bought 35 shares of Prairiesky Royalty at $25.80 per share. I finally decided to invest fresh capital into energy stocks. It's been over a year of waiting to get into energy space again. I think the oil prices are near the bottom and now it's the time to pick up some good quality names. I mentioned before that I will start to accumulate royalty names first. I think that PSK.TO is a good play in energy space.

Dividend Portfolio Update - September 2015

Dividend Portfolio Value

By the end of September 30, 2015, my dividend portfolio balance was at 21,850.96, up by about $600 from the previous month. Most dividend investors felt the September volatility, but it shouldn't scare us away. As longs as we keep on buying good quality stocks, we will be fine. I think October will be a better month as a buying season kicks in. This month I picked up some cheap REITs and I'm getting really close on betting fresh capital on oil stocks. I like the pipelines and oil streamers. Oil prices will rally at some point. They can’t stay low for that long. I think the price of oil will balance out close to $60 level.

My Investment Account (Tax Free Savings Account)

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 more rapidly.

Dividends

In September, I received a total of $135.70 in dividends vs $97.78 for the same period a year ago. That's an increase of $37.97 or 39% on year-over-year basis. My total Year-to-Date dividend income for 2015 is $1,071.16. My dividend goal for 2015 is to receive $1,400. All dividends are reinvested back into dividend paying stocks.

Contributions

In September, I added $800 of fresh capital to my account. So far my total contribution for 2015 reached $7,200. My priority is to maximize my TFSA account each year. The current TFSA contribution limit is $10,000 per year.

Transactions

Bought 15 shares of Dream Office REIT at $20.50 per share.

Bought 30 shares of Cominar REIT at $16.30 per share.

I only did a few transactions in September. I decided to add to my existing REITs positions. Since D.UN.TO and CUF.UN.TO are really cheap now, I decided to take an opportunity and buy some units while they are on sale. Since I'm a long term hold investor, I got all the time for those units to rebound and go up.

Dividend Portfolio Update - August 2015

Dividend Portfolio Value

As at August 31, 2015, my dividend portfolio balance is at $21,208.22, down by about $400 from previous month. But this doesn’t bother me because I was able to buy stocks cheaper. The month of August was very volatile. The TSX plunged from high of 14,500 points, all the way down to 12,750 points. But then it recovered very quickly in a similar fashion as it did a month ago. It’s hard to forecast for the next month, but the chart looks very bearish short to mid term. For long term investors like me, this is definitely a shopping time while everything is on sale. I’m not ready to invest into energy stocks yet. But when I am, I will start with royalty names such as FRU.TO and PSK.TO.

Oil prices in focus again. TSX is a heavily resource Canadian market place so its performance depends on commodity prices. You can easily see the correlation between TSX performance and oil prices. Last month I was predicting that oil prices are heading to test the previous low of $43 level. The sell off was more brutal than expected, but then the price of oil recovered by $10 from its low. The 50 day moving average and 200 day moving average represent a serious resistance. I expect some profit taking because the recovery happened to quickly.

My Investment Account (Tax Free Savings Account)

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 more rapidly.

Dividends

In August, I received a total of $130.29 in dividends vs $88.65 for the same period a year ago. That's an increase of $41.64 or 47% on year-over-year basis. My total Year-to-Date dividend income for 2015 is $935.46. My dividend goal for 2015 is to receive $1,400. All dividends are reinvested back into dividend paying stocks.

Contributions

In August, I added $800 of fresh capital to my account. So far my total contribution for 2015 reached $6,400. My priority is to maximize my TFSA account each year. The current TFSA contribution limit is $10,000 per year.

Transactions

August was another busy month for me in terms of capital redeployment. Usually I don’t sell stocks unless they become really expensive or there’s a better opportunity elsewhere.

I decided to get rid of New Flyer Industries (NFI.TO) primarily to preserve capital gains. The stock did not participate in market correction, got very expensive and was heavily recommended on the market show at BNN. My purchase price was $11.35 and I sold it for $19.58 on August 19^th. A few days later the stock price dropped to $16.50 and then recovered back to $19 level. I look forward getting back into the stock at a cheaper price.

Sienna Senior Living(SIA.TO), formally Leisureworld (LW.TO) Senior Care was another stock that I dumped for the similar reasons. My capital gain was about 25% plus dividends. If the stock pulls back to $12 level I will consider getting back in. If not, then I will buy Chartwell Senior Living (CSH.UN.TO).

Sold NFI.TO 50 shares at $19.58 per share

Sold SIA.TO 80 shares at $15.60 per share

Bought GRC.V 600 shares at $0.65 per share

Bought PLZ.UN.TO 100 shares at $4.31 per share

Bought AD.TO 30 shares at $27.65 per share

Bought DR.TO 20 shares at 15.91 per share

Bought FN.TO 50 shares at 17.70 per share

Dividend Portfolio Update - July 2015

Dividend Portfolio Value

As at July 31, 2015, my dividend portfolio balance is at $21,628.99, practically unchanged from the previous month. The Canadian market experienced a lot of volatility in July, but then recovered most of the losses right before the month end. This could be a beginning of a summer rally which usually lasts until the end of September. The banks might help to push the TSX higher, but the energy sector will cap the gains.

TSX gained over 450 points in four days

Last month I wrote that we might have further downside pressure on oil prices because oil companies are still pumping at records high. The demand cannot keep up with supply. At this point the oversupply of oil stands at 3 mb/d. The question now is will the price of oil test $43 level or will it bounce back from here? This will be evident by the end of next month. I haven’t been adding energy stocks since last summer, but I plan to do so probably this fall. I will be looking at pipelines and energy royalty stocks before adding the producers.

My Investment Account (Tax Free Savings Account)

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.

Dividends

In July, I received a total of $141.19 in dividends vs $93.29 for the same period a year ago. That's an increase of $47.90 or 51% on year-over-year basis. My total Year-to-Date dividend income for 2015 is $805.24. My dividend goal for 2015 is to receive $1,400. All dividends are reinvested back into dividend paying stocks.

Contributions

In July, I added $800 of fresh capital to my account. So far my total contribution for 2015 reached $5,600. My priority is to maximize my TFSA account each year. The current TFSA contribution limit is $10,000 per year.

Transactions

July was a busy month in terms of transactions and capital cycling. I sold 150 shares of Regal Lifestyle (RLC.TO) at $12 per share because it got acquired. I decided not to wait until the deal is closed and sold my shares to the market. I liked the stock, it paid good dividend and it brought me a decent capital gain. My average price was about $9 per share. I held the stock for over a year and collected over 6% in dividends.

Sold RLC.TO 150 shares at $12 per share.

Bought GRC.V 600 shares at $0.89 per share.

Bought DIV.TO 290 shares at $2.95 per share.

Bought PLZ.UN.TO 130 shares at $4.37 per share.

Bought PZA.TO 45 shares at $13.58 per share.

Bought ECI.TO 45 shares at 13.59 per share.

Dividend Portfolio Update - June 2015

Dividend Portfolio Value

As at June 30, 2015, my dividend portfolio balance is at $21,694.09, up by about $60 from the previous month. My monthly contribution of $800 offset some losses following the stock market decline. Things got worse on June 29 when Greece’s debt crisis span out of control. The banks in Greece are closed until July 6th and the government imposed a capital control. In Canada, the TSX lost 318 points that day but regained some value the next day.

TSX lost 600 points in June 2015

The price of oil was trading sideways for the month of June. We saw some crude inventories dropping and strong consumer demand as summer driving season kicked in. But this was not enough to keep the price of oil to the upside. I think there will be more weakness in oil prices for a few months. I plan to buy oil stocks this fall or once the double dip occurs again.

My Investment Account (TFSA)

My TFSA consists of 24 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

In June, I received a total of $117.96 in dividends vs $87.54 for the same period a year ago. That's an increase of $30.42 or 35% on year-over-year basis. My total Year-to-Date dividend income for 2015 is $663.75. My dividend goal for 2015 is to receive $1,400. All dividends are reinvested back into dividend paying stocks.

Contributions

In June, I contributed $800 to my TFSA. My objective for 2015 is to contribute $6,000. So far I contributed $4,800 since January 2015. Since the TFSA contribution limit was raised to $10,000 per year, I might continue to contribute the same amount until the end of the year.

Transactions

Student Transportation (STB.TO)

I bought 60 shares of STB at $6.02 per share. I decided to take advantage of a recent pullback in share price. Whenever the price reaches $6, I’m a buyer of this stock. But this happens very rarely, once every 2-3 years. Insiders are buying too. 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.

Diversified Royalty Corp (DIV.TO)

I bought 160 shares of DIV at $3.09 per share. The company has a royalty stream in the restaurant chain primarily located in Western Canada. Recently they announced a new royalty acquisition from Sutton Group. They purchased their intellectual rights and leasing the rights back to them. The management has a long track record in royalty streams. I hope that this company will grow into a bigger story. The dividend yield is about 6.39% and this purchase will bring additional $2.51 per month in dividend income.

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.

Dividend Portfolio Update - December 2014

Happy New 2015 Year!

To all my readers, I would like to wish you a happy new year. May the new year set a positive trend for your portfolios. May all your wishes come true sooner than later.

 

Dividend Portfolio Value

As of December 31, 2014 my dividend portfolio balance is at $18,036.00, down by about $900 from the previous month. My portfolio value is down amid my energy stocks. I did not make new contributions in December so I didn't have new capital to offset the decline of energy stocks. Hopefully my energy stocks will gain some value in the next couple of months.

 

Dividends

For the month of December, I received a total of $115.11 in dividends vs $97.64 for the same period a year ago. My dividend income increased by 18% on year over year basis. My total Year-to-Date dividend income for 2014 is $1,133.86.