Dividend stocks portfolio – Recent Purchases – December 2019

Intro..

For those of you new to this website, in this post, I discuss the recent changes I made in my dividend portfolios, and sometimes I discuss my portfolio diversification strategies as well.

Last month, I sold two positions and initiated a new one in my Canadian portfolio.

I usually sell stocks if they receive any take-over offers at a much higher price than the current trading value.

Last month, Cineplex (TSE: CGX) and Power Financial Corp (TSE: PWF) received take-over offers. Thus, I sold them immediately.

Honestly, I was a little worrying about CGX as their share price performance wasn’t good for the last two years. It was struggling to handle the competition from online streaming companies.

Luckily, it was relatively a small position in my portfolio (less than 1% of my portfolio). Thus, it’s bad performance didn’t negatively impact my portfolios.

Another one was Power Financial Corp (TSE: PWF). It was one of my long-term holdings, but its performance wasn’t that great compared to the Canadian bank stocks.

Anyways, I sold both of them after their share prices spiked higher.

I couldn’t immediately deploy all the proceeds raised from the sales. Though, I purchased bank stocks to substitute the Power Financial, and also added some shares in my existing positions.

Plus, I initiated a new position in Nutrien Ltd (TSE: NTR).

Nutrien was on my watch list for a while, but I didn’t have a chance to add it to my portfolio. Its share price came down nicely and it is trading little close to its book value. So, I thought it is time to add a small position.

I will continue buying more units in the coming months if its price stays low; however, I will try to maintain less than 2% of my portfolio because of the nature of its business.

Also, I pay down some debts using the rest of the money from the sale.

Sadly, both of the stocks that I sold were paying hefty dividends (high-yield stocks). Thus, the sales made a little damage to my dividend income.

But, the damage was partially offset by new purchases and dividend hikes announcements from Enbridge and also from a few other ETFs.

My estimated yearly dividend income down from $11 712 to $11 687.

Anyways, my short-term goal, one of my 2019 goals, is to increase my Estimated dividend income to $11500 in 2019. I have successfully achieved the goal.

Portfolio Changes

Now, let us look at the purchases I made last month.

Canadian portfolio

I sold two positions (PWF and CGX) in my Canadian portfolio, and added a couple of shares in my existing holdings and also initiated one new position.

U.S portfolio

I just added one unit of ZUD.TO etf to my U.S portfolio

International Portfolio

And, no changes have been made in my international portfolio.

I will continue to build my international portfolio using the international dividend ETFs (ZDH.TO & IDV) in order to diversify my investments.

Here are the changes I made in my dividend portfolios in December 2019:

Disclaimer..

Please note the information posted on this website is the opinion of my own and should not be considered as professional financial advice. I am not a financial professional, and I can buy, sell, or hold any investment at any time.

Any transactions I publish on this website are not recommendations to buy or sell any securities or investments.

Please do your own research or consult with a qualified financial professional before even considering using the information obtained from this website.

The changes made in my Canadian portfolio in December 2019.

• SOLD 150 shares of PWF at $36.05 (take-over offer by its parent company)
• SOLD 100 shares of CGX at $34.02 (take-over offer from a U.K company)
• initiated 30 shares of NTR at $61.15 (averaged price)
• added 40 shares of NWC at $27.75 (averaged price)
• added 40 shares of TD at $73.15 (averaged price)
• added 5 shares of FTS at $51.75
• added 30 shares of T (Telus) at $49.95 (averaged price)

The changes made in my U.S dividend portfolio in December 2019.

• added 1 unit of ZUD (Canadian hedged) U.S Dividend ETF at $25.09

There are no changes made in my International dividend portfolio in December 2019.

With recent changes and dividend hikes my yearly estimated passive income (EPI) down from $11 712 to $11 687 in December 2019 due to the recent sales of my two holdings.

I have updated the portfolio pages with these changes.

Commission FREE ETF purchases

Are you wondering how I can execute small orders of ETSs? Thinking about commission fees?

Actually, I use Questrade for all my ETFs purchases. There are no commission fees for ETFs purchases at Questrade. Therefore, we could buy one or any number of ETFs without paying any commission fees.

This is a great way to deploy cash and invest for more cash-flow as soon as they come in.

For those looking to start investing with little money, Questrade is one of the good options to consider because of their commission-free ETF program and minimum requirements to open an account.

If you have a plan to open an account with Questrade, please accept my gift and take advantage of this $50 trade commission rebate.

There is a trading charge of $4.95 when you sell ETFs. All the details are at the time of writing. If you have a plan to open an account at Questrade, please check all the information (including current commission fees) on their website and see if it is suitable online brokerage for your needs.

Disclosure: This post contains affiliate link. Therefore, I will earn a commission if you use the links to buy products or services (at no additional cost to you).

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