Last month was a big month for me as my quarterly heavy hitters were paying. If you missed it, you can catch up with my January 2011 Dividend Income post.
I diversified my holdings slightly this month to adjust my sector allocation. I hinted that my energy investment allocation was a little high in my ‘How To Track Your Asset Allocation‘ post and I took a position in one of the income trusts I reviewed before the new year. I wanted to understand the landscape before the January 2011 conversion.
As it turns out, Liquor Store caught my attention and fits my diversification targets at the moment. Since Crescent Point Energy (CPG) happened to hit my sell target, I was able to take a position in Liquor Store (LIQ). I reduced my holdings in CPG by 40% and increased my allocation in my consumer discretionary sector.
My dividend income for February 2011 is $345.20 compared with $200.07 for February 2010. That’s nearly a 75% increase over last year.
DISCLOSURE: Please note that I may have a position in one or many of the holdings listed. For a complete list of my holdings, please see my Dividend Portfolio.