Portfolio Value Update - April 2018

Portfolio Value 

As of April 30, 2018 my investment portfolio balance stood at $55,772.50. That’s an increase of $1,658.24 from last month. The stock market rebounded slightly, helping my portfolio cross the 55K mark. Two stocks in particular that fueled my portfolio. Magna (MG.TO) and Pure Multi-Family REIT (RUF.UN.VN) increased in value by 9% and 16% respectively. 

3 Years Portfolio Value Growth

Dividends 

In April, I received $255.89 in dividends vs $208.59 for the same period a year ago. That's an increase of $47.30 or 22% on year-over-year basis. My total year-to-date dividend income is $994.57. So far my portfolio generates enough income to cover property taxes and energy cost, or 2 weeks of groceries. I don’t need to use that money so I reinvest it back into dividend paying stocks.

Purchased more shares of AltaGas (ALA.TO)

Hello folks. Today I made another purchase in AltaGas company. I couldn’t resist the sell-off of ALA stock and decided to take advantage of the low share price. I purchased 39 shares for $25.57 per share. This was my third purchase in this stock and my position in AltaGas is now full.

I started to accumulate ALA shares in 2016 by purchasing 30 shares for $33 per share. Later in 2017, I purchased another batch of 30 shares for $31 per share. In April 2018, I purchased my final batch of 39 shares. My total position of ALA consists of 99 shares.

 

AltaGas is a North American energy infrastructure company based in Calgary, Alberta. The company operates in three business segments: gas, power generation, and utilities. The company is in the process of acquiring WGL Holdings. 

So that was my purchase for the month. I’m glad I finally filled my position in AltaGas. Next month I'm planning to buy more shares in Brookfield Property Partners if the share price stays low.