Portfolio Value Update - June 2018

Portfolio Value

As of June 30, 2018 my investment portfolio balance stood at $58,721.06. That’s an increase of $1,065.86 from last month. The main increase came from fresh capital contribution and dividends, not so much from stocks appreciation. My portfolio value is getting closer and closer to 60K milestone. Hope to get there next month, but a lot will depend on market performance.

Dividends

New Record! In June, I received $280.41 in dividends vs $233.57 for the same period a year ago. That's an increase of $46.84 or 20% on year-over-year basis. My total year-to-date dividend income is $1,519.04. 

Contributions

Every month I transfer $700 of fresh capital to my TFSA account. I plan to keep that pace until the end of the year. Next year I will adjust my contributions, depending on 2019 TFSA limit. 

Transactions

In June, I purchased 75 shares of Pizza Pizza Royalty at $12.36 per share. This is my first tranche. If the stock continues to trade below $13 in the coming months, then I will buy a second tranche. Ideally, I would like to have around 250 shares of PZA in my portfolio. This purchase should add around $5 to my monthly income which will cover two slices of pizza and a coke.

Recent Stock Purchase - Pizza Pizza Royalty

Here’s the update on my recent stock purchase. Today I started a new position in Pizza Pizza Royalty Corp (PZA.TO). PPRC is a royalty pool that collects 6% royalties from Pizza Pizza restaurants and 9% royalty from Pizza 73 restaurants. The stock currently pays 7% dividend and trades a little more than its book value.

I used to own PZA shares in the past but sold all my shares at around $17. I made a good profit back then and kept the stock in my watchlist in case it drops to its lows. Right now the stock trades under $13 so it’s the perfect timing to get back in the game.

I purchased 75 PZA shares at $12.36 per shares. This is my first tranche. If the stock continues to trade below $13 in the coming months, then I will buy a second tranche. Ideally, I would like to have around 250 shares of PZA in my portfolio.

This purchase should add around $5 to my monthly income which will cover two slices of pizza and a coke. Not bad!! Let me know if you are familiar with this stock and if it was a good entry point under $13.

Portfolio Value Update - May 2018

Portfolio Value

As of May 31, 2018 my investment portfolio balance stood at $57,655.20. That’s an increase of $1,882.70 from last month. This is getting exciting as I’m getting close to 60K milestone. So far, May was the best performing month of the year. For the second month in a row, Magna (MG.TO) was the best performing stock, increasing in value by another 9%. 

Dividends

In May, I received $244.06 in dividends vs $200.91 for the same period a year ago. That's an increase of $43.15 or 21% on year-over-year basis. My total year-to-date dividend income is $1,238.63. May dividends are slightly lower than it should be because I did not receive the dividend from Student Transportation. The company was in the process of sale so there was no ex-dividend date in April.

Contributions

Every month I transfer $700 of fresh capital to my TFSA account. I plan to keep that pace until the end of the year. Next year I will adjust my contributions, depending on 2019 TFSA limit. 

Transactions
Sold 340 shares of Student Transportation (STB.TO) for $9.48 per share
Bought 110 shares of CT REIT (CRT.UN.TO) for $13.26 per share
Bought 75 shares of Riocan REIT (REI.UN.TO) for $23.42 per share
Bought 55 shares of Alaris Royalty (AD.TO) for $16.53 per share