youngandthrifty dividend income update April 2013

I managed to buy some more ETF’s but really haven’t had the time to research more dividend producing stocks or more ETFs to plunk my money in.  I noticed that my portfolio dipped a bit (by about 2%) since I checked last month.  I did manage to increase my annual dividend income by another $100 this month (looking forward annually) through buying more dividend ETFs.

I bought more CYH and CPD.  The ETFs in my portfolio work out to be almost 20% of my portfolio.

I would like to increase my exposure in my portfolio to utilities.  I currently only have Fortis (tried, true, and trusted) and Just Energy (not so trusted, one of the dogs in my portfolio) and both of these comprise almost 12% of my TFSA portfolio.

I may also consider adding a REIT as well.  Which REIT is your favourite?  I am wary that they seem a bit overpriced at the present moment.

I am heavily weighted in financials (BMO and Sunlife) and some of the ETFs are financial heavy so won’t need to add more of that going forward.

Hopefully during my school break I will get a chance to look more closely at what equities or ETFs to purchase.

April dividend update




Young is a writer and former owner of Young and Thrifty and the main "twitter' behind Young and Thrifty's twitter account. She lives in Vancouver, BC and enjoys long walks on the beach, spending time with her anxious dog, and finding good deals. If you like what you read, consider signing up for email updates.

3 Responses to youngandthrifty dividend income update April 2013

  1. Canadian Apartment Rentals (CAR.UN) for a REIT. I just picked it up in my TFSA at $25.00. I apparently could have let it go a little lower but it is very close to its book value. It and Riocan maybe are fairly priced right now.

  2. Another one to look at would be BTB.UN. I just bought CAR.UN so I am not sure I want to pick up another REIT right now but I feel pretty giddy when I think about that 8% yield.

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