Published Thu, 07 Mar 2019 02:30:57 -0500 on Seeking Alpha
In September 2017, I received slightly over $100K as a result of the commuted value of my pension plan. I decided to invest 100% of this money into dividend growth stocks. Each month, I publish my results. I don’t do this to brag, I do this to show you it’s possible to build a portfolio during an all-time high market. The market will crash… eventually. In the meantime, I would rather cash in some juicy dividends!
Portfolio holdings – Dividend Cuts???? Yikes! Last year, my February dividend income was $408.75. This year, I’m down to $270.84… what happened? Was most of my money invested in Kraft Heinz (Nasdaq: KHC)? Not at all… In fact, I didn’t suffer a single dividend cut. I just had one company (Lazard (NYSE: LAZ)) which paid its dividend on March 1st this year…
In fact, I had rather a great month with all my other companies increasing their payouts. Let’s have a look at what happened in February…
Numbers are as at March 1st 2019:
Canadian portfolio (CAD) Company Name Ticker Market Value Alimentation Couche-Tard ATD.B.TO $6,540.30 Andrew Peller ADW.A.TO $5,478.00 National Bank NA.TO $4,973.60 Royal Bank RY.TO $6,220.20 CAE CAE.TO $5,580.00 Enbridge ENB.TO $7,964.67 Fortis FTS.TO $4,690.62 Intertape Polymer ITP.TO $5,430.00 Lassonde Industries LAS.A.TO $3,622.50 Magna International MG.TO $4,893.70 Cash $607.81 Total $56,009.03
My account shows a variation of -$609.80 (-1%) since the last income report.
My Canadian holdings are pretty much... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|ROYAL BANK OF CANADA||77.64||11.8||6.55||3.10||3.72|
|UNITED PARCEL SERVICE||109.52||19.9||5.51||3.84||3.46|
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