I was a busy bee in the past quarter and my dividend portfolio was busy too, it seems. I was productive this quarter considering in my last update I don’t really think I had much to update. In hindsight maybe a bit TOO productive, I can barely keep track of what I did.
Changes to the Dividend Portfolio
In terms of changes with my dividend portfolio and selling off dividend stocks, there were a few changes including having Exchange Income Fund (EIF.TO) which had been a long time dividend darling for me sell off through my stop limit order. I guess the problem with stop limit orders is that you accidentally sell something that will bounce back (as in this case, it was triggered to sell at just under $20 and now it is over $23 again. I will need to think about how to fix this problem, perhaps have lower stop limit settings?
I also bought Canadian Oil Sands (COS.TO) and then the stop limit order set off in November. I proceeded to rebuy it again (and bought double the shares). I also bought TECK (just a few shares of this) as I know it is a risky stock but it pays a decent dividend. I also bought a few more shares of NYSE:T AT&T which all the US dollars I could muster in my RRSP account.
In addition, I rebalanced some of my TFSA portfolio right after the last update (you know, since i felt to guilty I did nothing last time), then I rebalanced my RRSP portfolio and my non-registered portfolio. When I mean rebalance, I mean by more shares.
Related: How To Balance Your Portfolio… The Lazy Way (or when you’re Math Challenged)
In terms of increase or decrease in dividend income from the companies, there wasn’t much change at all, no increase in dividends unfortunately. At least there weren’t many companies that had a decrease in dividend income.
If you want to make your own spreadsheet, check out my snazzy ‘step by step guide on how to make a dividend income spreadsheet‘
I don’t usually look back because I usually am full of regret (such as selling Visa at $88 and now it is over $200…) but thought it would be interesting to check what Just Energy is at currently.
Just a quick check and I see that Just Energy (JE.TO) which I sold off last update (it triggered a stop limit order at $6) is STILL $6. Well, just like moldy fruit… I am glad to have gotten rid of that one.… Continue Reading