Dividend stocks portfolio – Recent Purchases November 2021

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.

My income-focused portfolios have been doing well despite the general market volatilities. My investments are slightly down, but not as the markets did.

The financial sector represents around 16% of my investments, and the utility sector is approximately 18%. Both sectors have been doing well recently.

Moreover, more than 98% of my stocks pay a dividend. Thus, I continue to receive cash payments regardless of the markets. The dividend income partially offset any drops in stock price.

Recently, financial stocks (banks and insurance companies) raised their distributions. It was widely expected, but it boosted my dividend income in a big way.

Overall, I am pleased with the recent performance of my portfolios.

Energy investment

I missed the recent energy rally. A couple of energy stocks in my watch list had doubled and tripled in recent months.

I watched them while they were moving higher and higher from their multi-year low, but I didn’t take any action to participate in the rally.

Last month, a few energy stocks were down slightly from their 52 weeks high, so I decided to initiate small positions.

I know I am a little late participating in the rally, but I believe they continue to pay juicy dividends and buy back their shares for the next few years.

There is a lack of interest in the oil & gas sectors from the big investors, but the stocks have been generating significant high free cash flow from their operations. Thus, I expect the companies to reward the shareholders with high dividends and significant share buybacks.

I may continue to add some energy stocks if they drop further down.

I also initiated a medium-size position in Parkland corporation (TSE: PKI).

The estimated passive income growth

My estimated passive income increased to $21 991 in November with the new investments and dividend hikes.

I am just a few thousand dollars away from one of the long-term financial goal of $25000 yearly dividend income. I plan to finish strong this year and achieve the goal in early 2022.

Once I reach the financial goal, I can focus on debt reductions for the rest of 2022.

I am so excited!

Small-cap portfolio

My small-cap portfolio has been performing very poorly in recent months.

The majority of my holdings in the (QIPT, GEO, NGW, PHA and QIS) are in red. This portfolio is tiny compared to my dividend portfolio (less than 2%).

Thus, the poor performance didn’t significantly impact my overall investments.

Here are the changes I made in my dividend portfolios in November 2021:

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 November 2021.

• initiated 400 shares of PKI at $34.25 (average price)
• initiated 400 shares of FRU at $11.70 (average price)
• added 200 shares of PIF at $16.95
• added 25 shares of GEI at $23.50
• added 25 shares of ENB at $49.85
• added 10 shares of TRP at $62.75
• added 22 units of RIT at $20.71
• added 2 units of IDR at $15.94

There no changes made in my U.S dividend portfolio in November 2021.

The changes made in my International dividend portfolio in November 2021.

• added 1 unit of ZDH at $22.15

Due to recent changes and dividend increases, my yearly estimated passive income (EPI) increased by $1492 from $20 499 to $21 991 in November 2021 (exchange rate – 1USD = 1.2816 CAD)

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).

If you haven’t done so..

Please don’t forget to join our FREE newsletter below and stay informed & get inspired.