Dividend Stocks Portfolio

Dividend Snapshot
The goal of this portfolio is to build wealth through stock appreciation while earning a steady dividend income. During the accumulation years, the dividend income is fully re-invested through synthetic DRIP. When retirement comes, the portfolio may switch to focus on higher dividend earnings but time will tell if I need to make this change. My hope is to become financially independent from the dividend income my portfolio can generate.

The dividend growth stocks are selected using a simple but yet effective stock selection process which leverages the Chowder Rule as growth marker.

One of my rules is to hold 40 or fewer stocks in my portfolio to ensure I can stay on top of my holdings. To better understand my strategy, you need to read my 7 investing rules and leverage my dividend growth stock selection process. All in all, it has provided me with a portfolio that can beat the index and in retirement, my knowledge of dividend investing will allow me to draw dividend income rather than burn through my hard earned capital.

Canadian Stock Portfolio

When it comes to choosing a Canadian stock, the list of companies matching my investing criteria will mostly be Canadian Dividend Achievers with a 10% CARG dividend growth. However, with some sectors, it can be difficult to find a match and I have to vary my approach and selection.

US Stock Portfolio

The list of stocks matching my investing criteria will mostly be US Dividend Aristocrats with the exception of the technology sector. That sector is relatively recent to fulfill the requirements for a US Dividend Aristocrat.

Complete Stock Portfolio

The below portfolio is updated automatically as I update my local spreadsheet. It’s categorized in multiple ways. As a cautionary note, all US holdings are held within the RRSP account as it is more tax efficient for dividends.

Historical Stock Transactions

Below is a list of transactions I have made starting in 2017.

January 2017

  • Sold Canadian Utilities (TSE:CU) in my TFSA
  • Purchased Brookefield Infrastructure Partners (TSE:BIP.UN, NYSE:BIP) in my TFSA
  • Purchased TD Bank (TSE:TD, NYSE:TD) in my RESP account
  • Added to Telus (TSE:T, NYSE:TU) in my TFSA account

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 decision at your own risk – see my full disclaimer for more details.