Dividend stock portfolio recent updates – March 2015

Dividend stock portfolio recent updates

My life has changed completely after I became a dad (new dad) for a cute baby boy. Now, I have more responsible than ever – no continuous sleeping at night, no meals on-time, often taking off from work, and so on. In other words, he keeps us busy all days and nights. Dads will understand what I mean.

But, I’ve never missed monitoring my portfolios using my smart phone – big thanks to the technology. Last few months, my stock portfolio enjoyed the rollercoaster ride due to the oil crash and interest rate rise news; however, cash flow from dividends helps to minimize the downside risks in stock price.

In fact, during this busy time I made major changes in my portfolios – sold some risky stocks at reasonable price and added couple of high quality dividend stocks when the market hit hard for some bad noise.

Also, I put some money in my RRSP and purchased few U.S stocks for better diversification.

Without further due, here is my recent portfolio changes:

In December 2014:

In my Canadian dividend portfolio, I initiated a position in Altagas Ltd (TSE:ALA) and purchased 50 shares of ALA for $39.85 per share. It is a Canada-based energy infrastructure company focus on natural gas, power and regulated utilities. Also, I added the following Canadian big bank shares with the existing position:

  • 25 shares of Bank of Nova Scotia (TSE:BNS) for $66.16 per share
  • 25 shares of Toronto-Dominion Bank (TSE:TD) for $52.54 per share
  • 25 shares of Royal Bank of Canada (TSE:RY) for $78.70 per share
  • 25 shares of Bank of Montreal (TSE:BMO) for $79.02 per share

And, I sold all my entire position of Northland Power Inc. (TSE:NPI) as my utilities holding reached my maximum target allocation and bought 25 shares of Suncor Energy Inc.(TSE:SU) for $34.70 per share.

Also, sold my entire position of XHP, XPF and ZUT, and initiated positions in CAR.UN and REI.UN in my Tax-free saving account (TFSA). Moreover, I purchased few XTR ETF using the dividend I received within the TFSA account.

In my U.S portfolio, I made the following changes:

  • sold REM, INKM and PFF, and
  • purchased KO, KMI and T

In January 2015:

In January, Canadian banks stocks dropped further due to the speculation news of the Canadian housing crash . Thus, I took advantage and averaged down some purchases that I made in December and earlier.

  • purchased 25 shares of BNS for $62.00 per share
  • purchased 25 shares of TD for $50.85 per share
  • purchased 20 shares of CM for $91.75 per share

In addition, I purchased shares of two Canadian pipeline giants TransCanada Corporation (TSE:TRP) and Enbridge Inc (TSE:ENB) in my Canadian dividend portfolio.

  • Purchased 25 shares of TRP for $55.17
  • Purchased 50 shares of ENB for $53.00

That’s it for now. I made few purchases in February and March, and will discuss them next month.

These recent changes add $407 to my projected passive dividend income, based on the current dividend distribution rate. A few steps close to my goal

Some of the stocks that I purchased recently dropped further due the speculation news of interest rate rise, housing bubbles, etc. I am not too worrying about market fluctuation and share price movements. In fact, I will purchase more if the market drops further.



Please note the information posted on this website is the opinion of my own and should not be considered professional financial advice. I am not a financial professional, and I can buy, sell, or hold any investment at anytime. Please consult with your financial professional before even considering using the information obtained from this website.

My U.S dividend portfolio

Last updated: March 25, 2015 My principal goal for this portfolio is to create a growing cash flow by investing in dividend paying companies for long term. I hope that showing my U.S dividend portfolio on my blog help me track my holding, stay … [Continue reading]

Canadian dividend stocks portfolio

Last updated: March 25, 2015 My principal goal for this portfolio is to create a growing cash flow by investing in dividend paying companies for long term. I hope that showing my Canadian dividend stock portfolio on my blog help me track my … [Continue reading]