Dividend stocks portfolio – Recent Changes – October 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.

From the September sell-off, the stock markets rebounded sharply in October and continue to rally in November. I believe we will see more gains in the coming months, especially from the financial and energy sectors.

The Canadian stock market is performing exceptionally well this year because of the massive gain in the energy sector.

Honestly, I regret that I didn’t have any exposure to the energy producers. A couple of stocks were on my watch list, but I didn’t pull the trigger to buy them when they started to rebound from their bottom.

I have some indirect exposure in the sector through the pipeline stocks, but they rarely move with the oil & gas price.

Due to not having some energy stocks, my portfolios have been lagging behind the Canadian market for the last few weeks. My portfolios performed exceptionally well for a very long time compared to the market, but I have recently missed some gains.

I missed it this time. It is a good learning experience. I need to learn more and understand the market cycle.

Sold my Nutrien holding

I sold my entire Nutrien (TSE: NTR) holdings last month. I initiated a small position in early 2020, then built a sizable position when they were trading in the mid-40s.

My positions almost doubled (with dividends) after a sharp rebound. NTR is a commodity stock. When I was purchasing this holding, I planned to sell in the mid-80s to make a profit.

In October, it reached my target price, and its yields dropped below 3% due to a small dividend increase and significant share price gains.

Thus, I decided to exit the position with good profit.

I will start to add this position again if it drops below $75.

The proceeds raised from the NTR sales were used to invest in other positions; most of them are in my existing holdings.

Dividend hikes from my financial holdings

I have been anticipating massive dividend increases from the Canadian financial holdings.

One of my holding, MFC, already made the announcement and increased its dividend by 18%. I believe more news will be coming in the coming weeks and months.

Initiated three new positions

I initiated two new positions in my Canadian portfolio and one position in the U.S portfolio.

I will keep building these positions in the coming months if the prices stay in my buying range, and if they rebound before I build a sizable position, I will exit with profits.

Small-cap growth portfolio

I continued to add more shares of NGW in the mid 0.35 range. As of this writing, I have 14 000 shares of NGW in my portfolio. It is a small-cap cannabis stock, and a very high-risk one compare to my other holdings.

I also added more shares in PHA.

My current holdings in my small-cap experiment portfolio are QIPT, GEO, DN, NGW, QIS and PHA.

Most of the holdings are trading below my purchase price (except a few). I am still learning about finding high-quality stocks in their early stage for massive profits. Compared to my other holdings, this portfolio is very small and higher risk.

Here are the changes I made in my dividend portfolios in October 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 October 2021.

• sold 135 shares of NTR at $86.20
• added 65 shares of TD at $84.90
• added 100 shares of AQN at $18.30
• added 15 shares BCE at $62.95
• added 100 shares of MFC at $24.25
• added 40 shares of ACO.X at $40.43
• added 4 units of IDR at $15.42
• added 2 units of RIT at $19.56
• added 11 units of AW.UN at $37.58
• initiated 40 shares of QSR at $71.50
• initiated 25 shares of GEI at $22.26

There changes made in my U.S dividend portfolio in October 2021.

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

• added 1 unit of ZDH at $22.81

Due to recent changes and dividend increases, my yearly estimated passive income (EPI) increased by $181 from $20 318 to $20 499 in October 2021 (exchange rate – 1USD = 1.2402 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).

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