Dividend stocks portfolio – Recent Changes – September 2020

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.

Portfolio changes:

In September, I sold one position and initiated three new stocks in my Canadian portfolio.

Sold NWC

I had 100 shares of NWC in my Canadian portfolio. I built this position a year ago, with an average price of around $30. The stock was very stable and trading the range between $28 and $32 for a while.

It surprised investors with exceptional quarterly results and big dividend hikes of around 10%. As a result, the share price increased by over 28% in a few trading days.

I decided to exit the position at $36.90 and recorded a decent profit. I still like the stock, and it is still on my watch list. I may repurchase it if its price drop below $32.

Repurchased TRP

I added 80 shares of TRP last month to bring my total number of shares to 200. I sold this position at $62.58 in March. Now, I completed my purchases with this stock, and I have no plan to add a new share in the near future.

Initiated a new position in SYZ

I initiated 100 shares of Sylogist Ltd (CVE: SYZ). It is a software service company, pays a nice dividend of around 4.8%. I may continue to build this position if this stock goes further down.

Built REITs positions

REITs are one of the most hated sectors in the stock market due to the current health issue.

But, I believe this sector will recover once we pass the problems.

Meanwhile, we can collect juicy distributions while waiting for them to recover.

As I mentioned in my previous posts, there is a massive disconnect between the private and public real estate markets.

Home prices are skyrocketing in the major Canadian cities; however, REITs with lands in major cities have been trading at a multi-year low since March 2020. Either one of the markets is wrong.

Investors think that the Work from Home (WFH) movement may significantly impact the office properties. But, I think it may have some impact, but not as much as people think.

Also, apartments REITs are trading low.

Maybe I am entirely wrong and underestimate the current situations. However, I REITs are only representing around 10% of my entire portfolio. So, it may not make a significant damage in my portfolio if their prices get crashed completely.

I may consider adding a few more REITS if they continue trading at the current price or lower, but I don’t want to over do.

Small-Cap portfolio

Like I mentioned in my last portfolio update post, I have been exploring to build a small-cap portfolio for an experimental purpose.

I purchased small positions in PHO, STC, DNG, MRS, PTQ, CTS and HEO.

And there are a couple of them on my watch list. Total holdings are less than 1% of my total portfolio value.

Some of the holdings are performing well, and a few trading at or below my purchase price.

I use a selection screener to select these stocks (consistent revenue growth, small market cap, profitable, decent net cash position, etc.). Then, remove all financial and junior miners stocks and select a few stocks from the list.

Again, it is an experimental portfolio. I may discontinue this if it doesn’t work well.

Occasionally, I run some experiments with a small portion of my net worth (between 1% to 2%). It is one of them. That’s all.

They are very tiny positions. And, I have frequently been changing the positions. Thus, I think it is not worth to post them here.

Here are the changes I made in my dividend portfolios in September 2020:

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 September 2020.

• SOLD 100 shares of NWC at $36.90
• Added 80 shares of TRP at $56.25 -(sold 175 shares of TRP at $62.58 in March - completed my repurchases)
• Added 100 units of MRG.UN at $14.19
• Initiated 500 units of RIT at $14.96 (sold XRE etf in March.. I decided to replace it with RIT)
• Initiated 100 shares of SYZ at $10.84
• Initiated 100 units of AP.UN at $36.50
• Added 100 units of CAR.UN at $44.60 (sold 30 units of CAR.UN at $50.70 in March)

The changes made in my U.S dividend portfolio in September 2020.

• added 2units of ZUD at $21.26
• added 4 units of DGRO at $38.56

There are no changes made in my International dividend portfolio in September 2020.

Due to recent changes my yearly estimated passive income (EPI) up from $13 821 to $14 828 in September 2020.

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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