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Although the update between November and the end of December didn't change much, I did have enough money in the TFSA account to buy three more shares of ...

Although the update between November and the end of December didn’t change much, I did have enough money in the TFSA account to buy three more shares of Bank of Montreal (BMO.TO) so that I have a nice even number (100) instead of 97 shares.  Obviously my OCD tendencies to develop a well rounded portfolio meant round numbers and not actually asset allocation!

I am very happy with Husky’s performance (HSE) and Sunlife (SLF) they have really improved.  Exchange Income Fund (EIF) is also doing well but it has been for a while.  I must admit I haven’t been checking my Bloomberg app so much lately just because there’s been a lot going on in life… too little time to look at stocks!

My next plan, now that the TFSA contribution room has been increased to $5500 starting January 2013, is to round out the ETFs in my TFSA portfolio.  The current price is similar to my purchase price, so might as well add more while the going is good.

See below for the official year end dividend update.  It’s different from November’s update by a whopping $2.16.

Hey, every penny counts, right? 🙂

Have a happy and safe holiday everyone!  May there be dividends both financially and in life in 2013!

Article comments

10 comments
PipsToday says:

Yes, every penny counts specially in investing and trading. Penny gets the most importance in trading market. Definitely 1531.76 is good dividend income but I want to know that it is desirable or you expected something more.

Leigh says:

Awesome! Next step is a chart comparing your year-over-year dividend income, right? 😉

Happy new year, Young!

Good work Young!

With some luck, the fiscal cliff fears will make these stocks even cheaper. Their yields will increase as a result (even if the dividend remains the same). The dividend reinvestment bang for your buck will then be juiced, and when the stocks eventually recover–hopefully that takes a while– you will have more money than ever. You can tell what I want for Christmas!

Have a great holiday season Young!

Young says:

@AH- Nice to hear from you Andrew!! I’m excited to stock up. Hey, I thought you ended up going for ETFs, so I am a little confused why you’re thinking about individual dividend stocks? 😉

Hope you have a great prosperous 2013!

Nicely done. Always look forward to dividend income updates 🙂

Mark

Young says:

@MOA- Thanks Mark 🙂 Every dollar counts, eh?

Liquid says:

Nice dividends :0) I bet it helped that some of your companies raised dividends this year. I’m also excited about putting $5500 into my TFSA come new year. I just have to figure out which companies to buy. Do you use Google spreadsheets as well? I like how it can link to stock prices and stuff through Google finance 😀

Young says:

@Liquid- Yes, I use google spread sheets. I love the functionality of the stock prices through google finance. It doesn’t work for all stocks though.

Miiockm says:

I am so jealous of these dividends.. sigh. Are these all within your TFSA?

Young says:

@Milockm- No, some are in my RRSP (only 1-2) like BCE (in US dollars). I wouldn’t be jealous right now, wait until I have $60K in dividend annually! lol.