Dividend stocks portfolio – Recent Changes – May 2023

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.

Once again, I didn’t make any major purchases in May. I just reinvested a portion of dividend income from my registered accounts and continued paying down debts in my non-registered accounts.

Also, I sold my entire holdings on Restaurant Brands International Inc. (QSR.TO) with a decent profit.

I had only 76 QSR shares in my portfolio and sold all of them, and the proceeds raised from the were used to paid down some margin loans.

The stock markets have been moving south recently, especially Canadian market. Many high-quality dividend stocks also have been trading lower due to high interest rate, slowing economy and also due to natural disasters.

Also, REITs are struggling. Many REITs have been trading their near or at their 52 weeks low.

I may start adding them if they fall further down from here.

Otherwise, I will continue my focus on debt reductions.

I reached one of my long-term financial goals.

My estimated yearly dividend income reached $25 000 in June. I successfully achieved one of my long-term financial goals of $25000 annual dividend income.

Small-cap portfolio

My small-cap experiment portfolio performance wasn’t that great.

I try to sell small positions at a time.

Again, it is an experimental project with a tiny portion of my money (compared to my dividend portfolios). It is just less than 1% of my overall investments.

Therefore, its poor performance did not make any significant impact in my net worth.

Here are the changes I made in my dividend portfolios in May 2023:

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 May 2023.

• sold 76 shares of QSR at $100.15
• added 10 units of BEP.UN at $41.40
• added 11 shares of BAM at $42,21
• added 1 unit RIT at $16.54

There are no changes made in my U.S dividend portfolio in May 2023.

The changes made in my International dividend portfolio in May 2023.

• added 2 units of IDV at $26.14

With recent changes and dividend increases, my yearly estimated passive income (EPI) decreased by $27 from $31 181 to $31 154 in May 2023 (exchange rate – 1USD = 1.3594 CAD)

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