Dividend stocks portfolio – Recent Purchases – June 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.

I have been continuing repurchasing the shares I sold in March.

For a quick recap – I sold 11 positions in March to save my margin account. It was a difficult decision, but I had to sell them to avoid any unexpected financial disaster.

At the end of June, I successfully repurchased four positions for much lower prices than the sale prices (AQN, FTS, EMA and H -Hydro-one).

I may not buy two positions as I am not comfortable owning them in my portfolio (KPT and XRE ETF). I will consider replacing them with some ETFs.

I had 30 units of Canadian Apartment Properties (CAR.UN). I like the stock; however, its current dividend yield is too low for a REIT. Thus, I am a bit hesitant to buy them at this price. It is still on my watch list.

In May, I purchased 100 units of MRG.UN (another residential REIT) to replace the CAR.UN.

Also, I had 260 shares of Canadian Utilities (TSE: CU) stock, but I just repurchased only 125 shares so far. I may consider replacing the rest of the holdings by some other utility stocks, as CU didn’t perform well for the last couple of years.

I still need to buy TC Energy, Telus and Bell Canada. I almost completed a half position in each position so far. I will continue adding them at a slow pace.

Luckily, almost all the shares are still trading well below the sale prices. I believe they stay lower for the next few months.

In addition to buying back the shares, I added a few other stocks in my portfolio.

I am pretty much back on track. I hope I will achieve my 2020 financial goals (short-term goal).

Here are the changes I made in my dividend portfolios in June 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 June 2020.

• added 30 shares of TRP at $58.00 (sold 175 shares of TRP at $62.58 in March)
• added 20 shares of T (Telus) at $22.60 (sold 380 shares of T at $23.88 in March)
• added 20 shares of BCE at $56.50 (sold 190 shares of BCE at $59.60 in March)
• added 35 shares of CU at $31.00 (sold 250 shares of CU at $37.00 in March)
• added 40 shares of EMA at $53.80 (sold 90 shares of EMA at $55.50 in March)
• added 125 shares of AQN at $18.25
• added 25 shares of NTR at $45.75

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

• added 5 units of DGRO at $36.88 (average price)
• added 3 units of ZUD at $21.31 (average price)

The changes made in my International dividend portfolio in June 2020.

• added 1 unit of ZDH (Canadian hedged)at $18.95

Due to recent changes my yearly estimated passive income (EPI) up from $11163 to $11634 in June 2020. My EPI value was at $12 493 at the end of February 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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