Dividend stocks portfolio – recent purchases – August 2018

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.

Markets..

Speculators heavily betting on Marijuana stocks, even though these stocks don’t make any profits yet.

Marijuana is now a notable sector in TSX index. Therefore, they could impact the performance of TSX – in a positive & negative way.

Market capitalizations of a couple of the pot stocks are now worth more than some profitable blue-chip companies in Canada.

I don’t have any weed stocks in my portfolios, and I don’t have any plan to invest in this sector any time soon.

As you know, I invest my money in companies that generate positive cash-flow and pay dividends.

Therefore, the pot stocks are not suitable for my investment strategy – at least for now.

The changes..

Let’s look at the changes I made in my portfolios.

In my Canadian portfolio, I sold 25 units of BEI.UN and took some profits off the table.

I initiated this position in February 2016 by adding 100 units at $45.65. Almost one year later, I purchased another 25 units at $44.00.

Thus, the average purchase price per unit was $45.32.

In November 2017, BEI.UN reduced its distribution by more than 50%, the annoucement negatively impacted its unit price and also negatively impacted my passive income growth.

However, I decided to hold the units rather than selling them at lost because I understood that management team made a right decision use the fund to diversify and also to renovate their apartment units.

And, I was right about it.

Last month, BEI.UN reported good Q2 report. And, its unit price spiked higher. So, I decided to trim my position and record some profits.

I sold one-fifth of BEI.UN positions (25 units) at $49.25 and recorded a tiny profit of around $90. I may consider selling a few more units if its price moves above $53.

I expect that BEI.UN may increase its payout or pay a special dividend in the near future.

Also, I made a little bit changes in my U.S portfolio.

My U.S portfolio value is fairly small compare to my Canadian investments because I didn’t add new capital to the portfolio for a couple of years due to the unfavourable currency exchange rate.

I waited so long for Canadian dollar to recover, but it doesn’t seem happening any time soon.

And, diversifying the portfolio with small amount of money is bit of difficult.

So, I decided sell some individual U.S stocks and the proceeds to invest in ETFs that focus on dividend growth.

And, these dividend growth ETFs (DGRO and SDY) are not new to my portfolio. All the stocks I sold are already in the ETFs, so I don’t need to worry about any future gains of those investments.

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.

Here are the changes I made in my dividend portfolios in August 2018:

The changes made in my Canadian portfolio in August 2018.

• SOLD 25 units of BEI.UN at $49.25
• Bought 10 shares of BCE at $54.20
• added 2 ZDH at $22.40

The changes made in my U.S dividend portfolio in August 2018.

• SOLD 10 shares of DIS at $113.01
• SOLD 15 shares of ADM at $48.29
• SOLD 5 shares of TROW at $120.50
• SOLD 11 units of XLV at $88.80
• SOLD 5 shares of UNP at $150.00
• added 64 units of DGRO (ETF) at average price of $36.20
• added 22 units of SDY (ETF) at average price of $96.30

No changes made in my Small Cap Growth stocks in August 2018.

New purchases and recent dividend hikes helped to boost my yearly estimated passive income (EPI) to $9528, with year-to-date gain around 13.24%.

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 requirement 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: Please note above is an affiliate link. Therefore, I will earn a commission if you use the above links to open an account at Questrade (at no additional cost to you).

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