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February 2019 Dividend Income Report, My Dividends Have Been Cut?!

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
ENBRIDGE 36.52   31.5 1.16 2.22 6.01
LAZARD 36.11   8.9 4.05 1.76 4.82
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
BLACKROCK 433.55   16.3 26.62 13.20 3.06
MAGNA INTERNATIONAL 48.85   7.4 6.59 1.46 2.92
HASBRO 86.72   50.7 1.71 2.72 2.90
TEXAS INSTRUMENTS 110.74   19.8 5.60 3.08 2.86
GENTEX 20.83   12.8 1.63 0.46 2.13
STARBUCKS 70.67   31.4 2.25 1.44 2.05
APPLE 186.12   15.3 12.16 2.92 1.61
MICROSOFT 115.91   26.9 4.31 1.84 1.61
WALT DISNEY 114.96   15.7 7.31 1.76 1.54
CAE 21.92   24.6 0.89 0.30 1.41
VISA 155.46   33.5 4.64 1.00 0.66

ENBRIDGE - ENB
ENBRIDGE - ENB  


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