Thursday, 25 May 2017

New Purchase - OHI - and FLO Increases Dividend

Today, I bought back into OHI:

- OHI: 50 shares @ $32.01, +$126.00 dividend, 7.87% yield

I had purchased 50 shares @ $27.75 in Feb 2016 and sold out @ $34.60 in April 2017.

Flowers Foods increased its quarterly dividend to $0.17 from $0.16, or 6.25%. Since I own 400 shares, this raise will add $16.00 to my yearly dividends.

My yearly dividends now stand at $11,818.

2017 Dividend Increases
  • ACO.T: +14.9%, $17.00
  • AQN: +10%, $37.66
  • CAH: +3%, $5.40
  • CU: +10%, $39.00
  • ENB: +10%, $55.76
  • ENB: +4.6%, $37.80
  • T: +4.3%, $30.88
  • TD: +9%, $30.00
  • CVS: +17.8%, $85.80
  • SNC: +5%, $13.00
  • T: +2.6%, $19.49 (2nd increase)
  • POW: +7.0%, $42.30
  • FLO: 6.25%, $16.00

Total increase: $430.09

Friday, 19 May 2017

New Purchases - AT&T, CSCO, FLO, POW, WFC

Yesterday, I sold my 300 shares in Teva. I've been a shareholder since 2012 and all this company has done for me is loose money. I lost over $3,000 USD. However, back then, the exchange rate was favourable to Canadians. So if I were to convert the $8,000 USD from the sale back into CAD, my loss is about $1,000 CAD. After my experience with Ensco, I get nervous when share prices just keep declining. This company has a lot of debt and very poor leadership.

I also sold my 275 shares in Rogers for a hefty capital gain of 40% in 5 years, or $4,700 CAD. I like the company but I think it is overvalued. It's a telecom with a current dividend yield of 3%. I decided to take the proceeds and reinvest in fairly valued stocks with higher dividend yields. Also, Rogers hasn't increased its dividend in a while.

These sales decrease my yearly dividends by $936.

I used some of the money to buy the following 5 stocks:

- AT&T: 150 shares @ $37.95, +$294 dividend, 5.16% yield
- CSCO: 100 shares @ $31.15, +$116 dividend, 3.72% yield
- FLO: 100 shares @ $18.40, + $64 dividend, 3.48% yield
- POW: 200 shares @ $28.95, +286.80 dividend, 4.95% yield
- WFC: 50 shares @ $$52.10, +$76 dividend, 2.92% yield

These purchases add $772.80 to my yearly dividends.

Tuesday, 16 May 2017

New Purchase - Verizon

Today I initiated a position in Verizon:

- VZ: 75 shares @ $45.50, + $173.25 USD dividend, 5.10% yield

My yearly dividends now stand at $11,776.

Saturday, 13 May 2017

Telus and Power Corp Increase Dividend

Telus increased its quarterly dividend to $0.4925 from $0.48, or 2.6%. This is the second increase this year. Since I own 389.78 shares, this raise will add $19.49 to my yearly dividends.

Power Corp increased its dividend to $0.3585 from $0.335, or 7.0%. Since I own 450 shares, this raise will add $42.30 to my yearly dividends.

2017 Dividend Increases
  • ACO.T: +14.9%, $17.00
  • AQN: +10%, $37.66
  • CAH: +3%, $5.40
  • CU: +10%, $39.00
  • ENB: +10%, $55.76
  • ENB: +4.6%, $37.80
  • T: +4.3%, $30.88
  • TD: +9%, $30.00
  • CVS: +17.8%, $85.80
  • SNC: +5%, $13.00
  • T: +2.6%, $19.49 (2nd increase)
  • POW: +7.0%, $42.30

Total increase: $414.09

Friday, 12 May 2017

New Purchase - TSN

Today I initiated a position in Tyson Foods:

- TSN: 85 shares @ $58.24, + $76.50 USD dividend, 1.55% yield

I couldn't resist a consumer staple stock with a forward PE below 12. The share price has been driven down by a couple of earning misses and price-fixing allegations. Seems like short term pain.

My yearly dividends now stand at $11,602.

Wednesday, 10 May 2017

New Purchases - AQN, ENB and GIS

Today I bought:

- AQN: 163 shares @ $13.19, + $99.95 CAD dividend, 4.65% yield

- ENB: 50 shares @ $56.80, + $122.00 CAD dividend, 4.30% yield
- GIS: 100 shares @ $56.46, + $192 USD dividend, 3.40% yield

If GIS falls below $50, I will probably add another 100 shares.


My yearly dividends now stand at $11,464.

Sunday, 7 May 2017

SNC Lavalin Increases Dividend

I missed the announcement on March 2, 2017, where SNC increased its dividend by 5%, from $0.26 to $0.273 per quarter.

Since I own 250 shares, this raise will add $13 to my yearly dividends.

2017 Dividend Increases
  • ACO.T: +14.9%, $17.00
  • AQN: +10%, $37.66
  • CAH: +3%, $5.40
  • CU: +10%, $39.00
  • ENB: +10%, $55.76
  • ENB: +4.6%, $37.80
  • T: +4.3%, $30.88
  • TD: +9%, $30.00
  • CVS: +17.8%, $85.80
  • SNC: +5%, $13.00

Thursday, 4 May 2017

Enbridge Increases Dividend...again!

In January 2017, Enbridge increased its quarterly dividend to $0.583 from $0.53, or 10%. Today, Enbridge announced an additional increase of 4.6% to $0.61. Since I own 350 shares, this adds $37.80 to my yearly dividends.

Also, yesterday Cardinal Health announced an dividend increase of 3%. The quarterly dividend thus passes from $0.4489 to $0.4624. This will add a whopping $5.40 to my yearly dividends. 

My yearly dividends now stand at $11,038.

I'm currently looking at GWW, GIS, more FLO, more ENB, more AQN and maybe getting back into OHI.

2017 Dividend Increases
  • ACO.T: +14.9%, $17.00
  • AQN: +10%, $37.66
  • CAH: +3%, $5.40
  • CU: +10%, $39.00
  • ENB: +10%, $55.76
  • ENB: +4.6%, $37.80
  • T: +4.3%, $30.88
  • TD: +9%, $30.00
  • CVS: +17.8%, $85.80

Monday, 1 May 2017

Recent Buys - QCOM and POW

Recent Buys:

- POW: 100 shares @ $31.85, + $228.00 dividend, 4.19% yield
- QCOM: 100 shares @ $53.23, + $134 dividend, 4.28% yield

I now own 450 shares of Power Corp with an average cost of $28.54. They are due for a dividend increase in May and I'm hoping it's inline with previous years - about 7.5%.

I sold IBM because EPS have been crappy for a while, and that's what drives price growth. Bought at $125 and sold at $160.

I sold my REITs (OHI, HP and WPC) because I'm looking for lower dividend yields that increase at higher rates. If REITs drop in price, I will get back into OHI and WPC. They made me some good money.

Yearly dividends are now $10,994.