July 2021 dividend update.

Dividend Income & Portfolio Update

Personal Highlights – July 2021

  • Things are slowly opening up here in Winnipeg.  Masks are no longer required in most places – restrictions on gatherings have been lifted and case counts are way down.  I’ve been to a couple of restaurants for the first time in what seems like a decade, and have been able to see a few people in person again- it feels good – but also still feels weird. 
  • It’s been a hell of a month for Canadian Soccer.  The women just won gold at the olympics and the men just about took Mexico to extra time in the Gold Cup Semi Final.  I am beyond excited for the upcoming World Cup Qualifying games in September.
  • We had our first little harvest from our garden (and by “we” I of course mean Amber):
    garden harvest
  • With things opening up a bit more we took the kids out to a couple of restaurants and also made it to the zoo!  There is a farm/petting zoo just north of our cabin we are hoping to make it to this month while we are on holidays too.  Wife & Kids at the zoo (animatronic dinosaurs):
    zoo
  • We’ve been doing homemade pizza night about once a month lately – and honestly….it’s damn good.  My favorite so far is spicy sausage, corn, spinach, peppers and garlic (pictured below):

    Garlic Sausage Pizza

Financial Highlights for July:

  • Lots of positive news on the earnings front.  CAE reported strong results, Intertape Polymer had great results PLUS a dividend increase, GoEasy continues to kill it, and Western Forest & New Flyer were both positive too.
  • Added 100 shares of Manulife to TFSA
  • Sold entire position of Plaza Reit to purchase RBNK
  • Spousal RRSP which was opened about 3 years ago cracked $40,000 for first time!
  • Still sitting on about 20% cash in my RRSP.
  • Got dividends from 14 companies and 2 funds.  Dripped an additional 52 shares/units.
  • Greenlane Renewables has had a nice run this week – earnings are tomorrow so very interested to see how they look & if they will be profitable.
  • Another all time portfolio high. It is unbelievable how fast things start to compound once your portfolio gets to a certain size (and the market continues to roll).  My portfolio increase by over 33,000 month over month!
  • First time receiving over $500 in tax free dividends in a month!

Passive Income Update For July 2021.

TFSA’S:

Diversified Royalty Income: $25.06 (dripped 9 shares)

Telus: $58.81 (dripped 2 shares)

Artis Reit: $41.75 (dripped 3 shares)

Plaza Reit: $32.29 (my last divy from PLAZA as I sold shortly after)

European Residential Reit: $7.89 (dripped 1 share)

Algonquin Power: $212.32 (dripped 11 shares)

Power Corp: $106.51 (dripped 2 shares)

RBNK: $25.41 (dripped 1 share)

Interrent Reit: $4.50

Nexus Reit: $14.83 (dripped 1 share)

Canadian NET Reit: $9.40

TFSA’s Total: $538.77

RRSP:

Canadian Equity Income Distribution: $370.09 (dripped 10 shares)

GoEasy: $181.50 (dripped 1 share)

New Flyer: $59.93 (dripped 2 shares)

Transcontinental:$206.10 (dripped 8 shares)

Alimentation Couche Tard: $52.59 (dripped 1 share) 

RRSP Total: $870.21

Total Passive Income July 2021:  $1408.98

Portfolio Update:

My portfolio (including cash position) increased another 6.51% in July to a new record high: $540,270.31.  I am still sitting on about 20% cash in my RRSP – which I plan on being patient with and waiting to see what happens over the coming months.  

Hope you had a great July.  August should be fun, I celebrate my 38th birthday, and then next month my wife turns the big 40!

Cheers!

 

quick update! A sell, A buy & watchlist updated!

Just a VERY quick update. For the sake of transparency – I always like to try and post when I buy or sell a stock. Today I closed a position in one of the stocks I’ve held for quite some time. I sold all my shares of Plaza Reit. This was actually one of the first stocks I ever owned, and although I ended up making a profit on these shares, and the monthly dividend was nice to see hitting the account each month – truth be told the annual returns have been sub par. I’ve been wanting to add some Canadian Banks to my portfolio and was torn between which one to add, so I ended up using the proceeds and buying 363 shares of RBNK. This is an ETF that has just 6 holdings (All 6 of the big Canadian banks). The best part is, it pays a monthly dividend, and I’ll have enough to drip 1 additional share each month!

I still like Plaza Reit, and may consider adding it again on dips. I could definitely see myself moving back into Plaza in retirement as well when monthly cashflow will be more important – but for now, I am much more comfortable holding the big Canadian Banks, and I believe they will outperform Plaza (by quite a bit) over the next 10 years.

Stocks on my current watchlist are:

  • Equitable Group (do not own)
  • Metro (do not own)
  • Manulife (recently added to my position)
  • GoEasy (currently own)
  • CCL (do not own)
  • CP Rail (do not own)
  • Empire (do not own)

With the recent purchase of Manulife and now RBNK, the TFSA’s are pretty empty as far as cash reserves go – so I’ll be slowly adding cash until I am ready to make another purchase (thinking EQB will be next).

In the RRSP, I am still sitting on quite a bit of cash, and will be looking for some US companies to nibble on. Ideally I’d like to see a dip and either up my position in XAW, or start positions in: Visa, Disney, Microsoft.

Cheers!

June Update: Double Vaxxed & portfolio milestone!

Dividend Income & Portfolio Update

Personal Highlights – June 2021

  • As of tomorrow morning it will be 14 days since my second vaccine.  By now most people I know have got their second doses (or are scheduled to get it done this month).  Things are slowly opening up, hospital capacity is getting better and there is finally some light at the end of the tunnel!
  • We’ve been making it out to the cabin most weekends, and we had our first official “playdate” with one of the kids’ friends from daycare.  It was lots of fun and with restrictions opening up, hoping to do some more soon.
  • We had our ELEVENTH wedding anniversary!  We weren’t really able to do much as things were still locked down, but we had some dinner and wine at the lake, and I’m sure once we are allowed/comfortable we will head to one of our favorite restaurants to celebrate properly.
  • The housing market is absolutely insane.  Based on recent sales our cabin is now worth (at least) double what we paid for it.  It’s tempting to list it and invest a ton/put the money down on the house but the kids would disown me…plus we have been REALLY enjoying our time out there lately.
  • I treated myself to 2 new jerseys for the upcoming Gold Cup & World Cup qualifying games (happening in July & September).  They came in the mail this month 🙂
    Canada Jersey
  • My daughter finished kindergarten, so now we will be back to a bit of a “normal” routine for the summer.  Starting in September she will be in school full time, so that should also cut our daycare fees down quite a bit!  Here she is on her first & last day of school :).
    Screen Shot 2021-07-06 at 9.59.25 PM

Financial Highlights for June:

  • Added to my position in Greenlane Renewables.  Picked up an additional 20,000 shares in my RRSP!
  • Still sitting on about 25% cash in my RRSP.
  • Got dividends from 11 companies and 2 funds.  Dripped an additional 43 shares/units.
  • Missed out on a huge dividend payment from XAW (since I sold earlier this year) and am still waiting to decide how I want to use the cash.  It sucks not seeing that $1500+ dividend hit the account, but on the plus side…..my portfolio (including cash position) reached another all time high – and a bit of a milestone.  I cracked $500,000 in June, and ended the month with a portfolio value of just over $507,000!

Passive Income Update For June 2021.

TFSA’S:

Diversified Royalty Income: $24.89 (dripped 10 shares)

Artis Reit: $41.60 (dripped 3 shares)

Plaza Reit: $32.13 (dripped 7 shares)

European Residential Reit: $7.84 (dripped 1 share)

Interrent Reit: $4.50

Canadian Western Bank: $0.29

Western Forest: $20.61 (dripped 10 shares)

Nexus Reit: 14.77 (dripped 1 share)

Fronsac Reit: 9.40

Intertape Polymer Group: $52.80

Manulife: $42.00 (dripped 1 share)

TFSA’s Total: $250.83

RRSP:

Canadian Equity Income Distribution: $368.90 (dripped 10.7 shares)

XAW: $8.59

RRSP Total: $377.49

Total Passive Income June 2021:  $628.32

Portfolio Update:

My portfolio (including cash position) increased another 2.87% in June to a new record high: $507,24729.  I am still sitting on about 25% cash in my RRSP – which I plan on being patient with and waiting to see what happens over the coming months.  I put a little bit of it to work adding to my position in Greenlane Renewables when it dipped.

So far in the first 6 months of 2021 I have received $5844.14 in dividend income compared to $6200 in 2020! This is the first time I fell behind compared to last year.  The dip is 100% due to the sale of XAW. 

Hope you had a great June – and hope you are all ready to cheer on Canada in the Gold Cup starting July 11th!

Cheers!

 

May Update: Locked Down-but keepin’ busy!

Dividend Income & Portfolio Update

Personal Highlights – May 2021

  • Well – We are still in what is basically a full lockdown. No social gatherings of any kind, kids not in school, only essentials open…BUT it was actually a fairly productive month for the family
  • We got the cabin opened up, did all the ranking, cleaned out the gutters, cleared out all the dead/fallen trees and had fires burning most of the weekend(s) to burn everything. 
  • I finally got a bike!  I’ve been looking for a while, and finally grabbed one off Facebook Marketplace.  I’ve been trying to get out most nights while the kids are having their quiet time before bed.  Today was my longest ride so far (just over 14 km)!  It’s a single speed Retrospec.  My new bike:
    RetroSpec Single Speed
  • At home we (and by we I mean my wife) has been getting the gardens all planted.  We’ve also been making use of our new 3 piece conversation set on the front porch.  Here is a tasty Gin Mint Cocktail we enjoyed on the front porch while the kids were having their ice cream and sitting in one of the new chairs:
    Gin Mint Cocktail
  • I’m happy to say the wife and I have both recieved our first dose of the vaccine – and hopefully by the next update we will be fully vaccinated.  My dad just got his 2nd dose –  so things are looking up!
  • The Winnipeg Jets knocked out the Oilers which means I’ll have a lot more hockey to watch this month – and on top of that Canada has some very important World Cup qualifying games coming up in June…..AND we have the Euro Cup!  It’s gonna be a lot of sports watching for me (and beer drinking).  I’ll try and find the time to do a quick write up on the Canadian National team and their upcoming games (for those few soccer fans/friends of mine).
  • The water in Lake Winnipeg is the lowest I can remember all my 30+ years going out there.  Here are a few pics from last weekend.  Note that pier is usually completely under the water, and where Isaac is playing would typically be water well over his head.
    Screen Shot 2021-06-01 at 9.18.24 PMScreen Shot 2021-06-01 at 9.18.51 PM 

Financial Highlights for May:

  • I didn’t make any purchases in May (besides dripped shares), but I did continue my bi-weekly contributions into the TFSA’s & Spousal RRSP.  I also contributed an additional $300 this month(thanks to the CCB bonus)!
  • Still sitting on about 30% cash in my RRSP (from the sale of my XAW shares).  
  • Got paid from Fronsac Reit for the first time since purchasing the stock last month!
  • Got dividends from 7 companies and 1 fund.  Dripped an additional 33 shares/units.
  • Portfolio (including cash position) reached another all time high!  I am getting real close to a new portfolio milestone.  I am less than $7,000 away from my stock portfolio reaching half a million dollars!

Passive Income Update For May 2021.

TFSA’S:

Diversified Royalty Income: $24.72 (dripped 10 shares)

Artis Reit: $41.45 (dripped 3 shares)

Plaza Reit: $31.94 (dripped 8 shares)

European Residential Reit: $7.81 (dripped 1 share)

Interrent Reit: $4.50

Nexus Reit: 14.72 (dripped 1 share)

Fronsac Reit: 9.40

TFSA’s Total: $134.54

RRSP:

Canadian Equity Income Distribution: $367.85 (dripped 10 shares)

 

RRSP Total: $367.85

Total Passive Income May 2021:  $502.39

Portfolio Update:

My portfolio (including cash position) increased another 0.98% in May to a new record high: $493,074.55.  I am still sitting on about 30% cash in my RRSP – which I plan on being patient with and waiting to see what happens over the coming months.  

So far in the first 5 months of 2021 I have received $5212.85 in dividend income compared to $4559 in 2020!

Hope you had a great May. Go Canada, Go Jets & Go Holland!

Cheers!