Dividend Income – February 2019

Dividend Income - February 2019

Dividend increases from my holdings have been coming in over the past 2 months like clockwork. So much so that I can already tell I should be able to reach my forecasted dividend income for 2019 at $22,360. The forecasting is based on the annual average growth since 2010. Part of the growth includes new contributions but the other part is based on the dividend growth itself.

wdt_IDYearGross Annual DividendGross Monthly Income
120103,745312
220114,752396
320125,782482
420136,303525
520148,218685
6201510,563880
7201612,6581,055
8201715,7031,309
9201819,0021,584
10*201922,3601,863

Stock Trades

I made the decision to completely unload Saputo TSE:SAP and focus on Alimentation Couche-Tard TSE:ATD.B. With Metro TSE:MRU, I felt I had enough exposure to the grocery market. The reason for the trade was mostly based on not being satisfied with the performance of SAP in my account and believing ATD.B should perform better. The dividend income is reduced but that’s not the focus at this point for the portfolio.

I have also unloaded my only real estate stock. Goodbye Brookfield Property Partners TSE:BPY.UN and hello Vanguard S&P 500 ETF. I also added to BlackRock NYSE:BLK and MasterCard NYSE:MA. I have been going through my holdings and reviewing the reasons I hold them. I did not have a reason good enough to retain BPY.UN. I used the ever faithful DLR to DLR.U Norbert Gambit strategy to exchange my Canadian dollars for the US purchases.

Feel free to check out my trades for January if you missed them. I have a total of 29 different holdings – 13 Canadian Blue Chip stocks, 15 US Conglomerates and 1 index ETF.

Sector Diversification – February 2019

The sector allocation is pretty out of control. Not to be missed opportunities have shifted the ratios and I do not have any plans to correct it in the short term. I am now sharing my industry exposure to properly show my diversification as many would probably feel I have too much in the financial sector.

Portfolio Diversification - February 2019

Industry Allocation - February 2019

 

Dividend Triangle – Stock Selection Made Easy

Dividend Income

My February 2019 dividend income is $1,766. More dividend increases have come through for the next quarter. I should see the increases next quarter. It took me a while to switch my portfolio to dividend growth but as I hope you can see, the annual dividend growth from my holdings is really super charging my dividend income.

Dividend growth will leave inflations behind and provide my financial freedom to spend more.  

Dividend Income - February 2019

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.

DISCLAIMER: Please note that this blog post represents my opinion and not an advice/recommendation. I am not a financial adviser, I am not qualified to give financial advice. Before you buy any stocks/funds consult with a qualified financial planner. Make your investment decisions at your own risk – see my full disclaimer for more details.

 

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