TSX Market News - ALA, CAR.UN, CU

The first week of October is over. The first three days were brutal. We went through some big sell-offs. The last two days markets stabilized and recovered a bit. I think banks sold off the most. This could be a good buying opportunity. My exposure to Canadian banks is still very low. So I might buy some banks of the dip. Here's the weekly roundup of the stocks I own.

Canadian Dividend Stocks With October EX-Dividend Date

If you want to buy Canadian dividend stocks with the October Ex-dividend date, then check out the list of dividend stocks below. These are not my recommendations and you should always do your research before investing any of your money. Having said that, I believe the stocks mentioned below are reputable names with sustainable dividends. The stocks are arranged in ascending order of the ex-dividend date.

Portfolio Value Update - September 2019

Hello everybody. Welcome back to my blog. We’re now in October and it’s time to report my September results. The markets have been pretty crazy lately. Lots of upside. The bank stocks did very well, increasing 7-10% on average in one month. This resulted my portfolio to reach new highs, in fact, New Milestone!! But, I don’t want to get too excited about that. We might experience the opposite move in October. The stock market is a roller coaster, the stocks go up and down, but the long-term trend is up. As long as we pick up solid companies that can sustain economic downturns, we should do fine. Without further ado, let’s look at my portfolio value, dividend income and YouTube earnings.

TSX Market News - BCE, BPY, CM, BIP, EMA, PLZ

Hey guys! The business week is over and I would like to summarize important news about the stocks I own, or the stocks on my watchlist. Here’s the list of business news from September 23 to September 27, 2019.

BELL (BCE.TO)
Bell Mobility announced that wireless broadband service is now available to all 25 communities in Nunavut. This is positive news for Canada’s largest communications company as they will be able to reach more customers in remote locations.

Brookfield Infrastructure to become a Canadian Corporation and Split 9 to 1

Brookfield Infrastructure will convert to a Canadian corporation and will have a reverse stock split of 9 to 1. If you own Units in BIP.UN, they will be converted into BIPC Class A shares once the transaction is complete. For every 9 shares of BIP, you will receive 1 share of BIPC. The dividend will remain the same.

There are some benefits of the creation of BIPC. This will increase demand from U.S. investors due to more favorable tax attributes, and an increase demand from investors that normally do not invest in partnership units. Which means that there will be more money chasing the shares, potentially increasing the share price.