As I mentioned in my year end dividend update in December, I have OCD tendencies and like to see even numbers. I have about $9000 of contribution room for my TFSA for 2013 (I sold some income trusts back in 2009 I believe for a good profit, hence the extra space in my TFSA).
Since XDV, CPD, and CYH have essentially not changed very much since I bought them (ahem, Teacher Man loves his ETFs nonetheless), I am going to purchase more since everything else is kind of expensive right now. To even out to 100 for these, I will need about $2800 allocated of my $9400.
As for what to do with the remaining $6600, I’m not really sure. I might buy more BMO because they are doing really well and their P/E continues to be quite healthy. Dividend lovers, any favourites?
I had a chance to update my spreadsheet and went through each stock to check for updates. About 25% of them had increases in their dividends, so it was literally like finding $5 in your pocket (haha because that’s how much the difference was probably).