Pure Industrial REIT

Pure Industrial REIT Stumbles Out of my Portfolio

Sales

The Dividend Beginner portfolio continues to off specific positions as they hit their stop loss limits. I’m very happy with the way I’ve decided to liquidate a portion of my portfolio as I decide beforehand what kind of return I’d be happy with – and then let the market decide whether it will continue to rise or drop off.

While Pure Industrial REIT would be a fine buy-and-hold, especially with a roughly 6% dividend yield, I wanted to consolidate my real estate exposure as I have quite a few names in the space, albeit small positions. I would prefer, if I were investing in real estate again, to go with one which consistently raises their dividend; such as Plaza Retail REIT (already own a small position) or Canadian REIT (which unfortunately yields a little low right now).

Due to selling AAR.UN, the Dividend Beginner portfolio now contains a total of 21 stocks. I’m happy with that for now, as I held 25 positions at the beginning of October. I’m not quite sure if there is anything for me to sell now, but I’m debating whether to hold or drop Wal-Mart (WMT). I’m excited to invest further into the same companies I hold in the coming year and to increase the concentration of those positions.

Keep reading

Plaza Retail REIT

Plaza Retail REIT Delivers a 3% Dividend Raise

Dividend Raises

On November 9th, “Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced that its Board of Trustees has approved an increase in its annual distribution to unitholders to $0.27 per unit, representing a 3.8% increase.” (plaza.ca)

Before Net Increase After
Annual Dividend $0.26 $0.01 $0.27
Monthly Dividend $0.0217 $0.0008 $0.0225
Percentage Increase 3.85%

Plaza Retail REIT is my only real estate trust which has a consecutive dividend increase streak, with 14 straight years under their belt. There are very few Canadian REIT which also sport a dividend increase streak. The increases are small but reliable on PLZ.UN, and the share price has been very conservative / non-volatile, while increasing steadily.

Michael Zakuta, President and CEO said, “The distribution increase represents the fourteenth consecutive annual increase since we began paying distributions in 2003.  We have more than tripled our distribution over the last 14 years, as our initial 8 cents per unit distribution has grown to 27 cents per unit.  The more than tripling of our distribution over the last 14 years is a strong confirmation of our value-add business model and our ability to consistently grow our business and deliver results to our unitholders.  Our business continues to benefit and grow from development and redevelopment activity.  Our goal is always to achieve cash flow per unit and NAV growth and pass that growth onto our unitholders.” (plaza.ca)

Keep reading

exchange income corp logo

EIF.TO Raises Dividend by 4.5% for the Second Time this Year

Dividend Raises

On November 9th, the CEO of Exchange Income Corp. announced: “for the 12th time in our history, the fourth time in the last 24 months, and the second time this year, we are increasing our dividend. Effective with our November dividend, the dividend will increase to an annualized rate of $2.10 up 4.5%. During this two year period, inflation in Canada has totaled approximately 3%, while our dividend has increased 25%.” (exchangeincomecorp.ca)

Before Net Increase After
Annual Dividend $2.01 $0.09 $2.10
Monthly Dividend $0.1675 $0.008 $0.175
Percentage Increase 4.48%

Exchange Income Corp. has really been killing it in the past year and their dividend payout ratio has been improving; now at 54% for the third quarter of 2016, and 60% YTD.

EIF.TO is the only Industrials stock left in my portfolio after recently selling my shares in SNC-Lavalin and Magna International. I am currently sitting on a 26% gain after initially purchasing in May, and then dipping my feet in a second time. It has taken over my portfolio as my largest position, with Alaris Royalty now trailing it after the large drop.

Keep reading

Telus Raises Dividend 4.3%; Second Raise this Year

Dividend Raises

On November 4th, “TELUS announced its twelfth dividend increase in the past six years as part of our multi-year, 10 per cent per annum dividend growth program launched in May 2011.” (telus.com)

Before Net Increase After
Annual Dividend $1.84 $0.08 $1.92
Quarterly Dividend $0.46 $0.02 $0.48
Monthly Dividend $0.15 $0.01 $0.16
Percentage Increase 4.30%

Telus has consecutively increased their dividend since the year 2004, representing a 12 year streak. They traditionally increase their dividend twice a year; once in the second quarter and again in the fourth quarter. This company is definitely always working hard to return value to shareholders.

Every time I look at any other Canadian telecom as I’d like to diversify in my exposure to the sector, I simply can’t put my money anywhere else as I find Telus offers the best value.

Keep reading

Inter Pipeline Logo

Inter Pipeline Boosts Monthly Dividend 3.9%

Dividend Raises

On November 3rd, “Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today that its board of directors has approved a 3.8 percent increase to its monthly cash dividend from $0.13 to $0.135 per share. On an annualized basis, dividends will increase by $0.06 per share from $1.56 to $1.62.” (interpipeline.com)

Before Net Increase After
Annual Dividend $1.56 $0.06 $1.62
Monthly Dividend $0.13 $0.005 $0.135
Percentage Increase 3.85%

Inter Pipeline continues their dividend increase streak; the company has now increased their annual dividend every year since 2009. From 2007 to 2008, the dividend remained consistent, if we disregard this pause, IPL has increased their dividend since 2003. I’ve thoroughly enjoyed the high-yielding monthly dividend IPL pays out religiously; in large part thanks to their business model as a pipeline, rather than an oil & gas development company.

Keep reading

Canadian Natural Resources

CNQ Raises their Dividend by 9% Despite Depressed Oil Environment

Dividend Raises

On November 3rd, “Canadian Natural Resources declared a quarterly cash dividend on common shares of C$0.25 per share payable on January 1, 2017, increasing approximately 9% over the previous quarterly dividend. This is the sixteenth consecutive year of dividend increases since the Company first paid a dividend in 2001.” (cnrl.com)

Before Net Increase After
Annual Dividend $0.92 $0.08 $1.00
Quarterly Dividend $0.23 $0.02 $0.25
Average Monthly Dividend $0.076 $0.007 $0.083
Percentage Increase 8.7%

While my other oil & gas stocks have cut their dividends, Canadian Natural Resources came through and raised their dividend. I had just about given up on the thought but am very satisfied with the increase.

A 16 year dividend increase streak is really quite significant as a Canadian company, and even more so considering this is a company which has no control over the price of their product. I keep CNQ for the oil exposure, but have sold my shares in Pengrowth and plan to sell my shares in Whitecap Resources when I get a good chance.

Keep reading

The FX Market and What It Means for Investors

BeginnerEconomySpeculation

This post was written in partnership with TheFXview.

The Foreign Exchange market, also known as forex or fx market, is the world’s largest and most liquid market. Unlike the stock market which is centralized, the fx is decentralized which means it is running consecutively, 24/7. Most investors view the currency market as highly speculative and volatile, and thus, steer away from investing directly into it. I personally see it as a staple ingredient of an investment portfolio, and in this article I will explain why.

This article won’t explain how to make currency predictions. This topic is too wide and deep to cover in the same article explaining the basics of the fx market. If you want to read more about this aspect find it here.

Keep reading

Dividend income October 2016

October 2016 Dividend Income

Dividends

October was quite the active month for me as I looked to slim my portfolio down in a few areas. I set up quite a few stop limit prices for a decent amount of stocks; all set up to a minimum profit I would be comfortable with taking off the table. My main concern at the time was both the election, but more so the possibility of the Fed raising interest rates in December and causing some stocks to go on sale by January, just like at the end of last year.

Summary of October Investment Activities

Throughout October, I’ve purchased:

None of my holdings increased their dividend.

Two of my holdings were sold to recuperate capital:

None of my holdings reduced their dividends.

Keep reading

Magna International

Realizing a Post-Brexit Gain on Magna International (MG)

Sales

As I stated when I sold my position in SNC-Lavalin, I am trying to trim the excess fat from my portfolio. Prime candidates include stocks with low yields. Magna International’s approximate 2.4% dividend simply cannot stand up against some of my other stocks like Exchange Income Corp., who sport a safe and increasing monthly dividend of 5%+, and is growing much faster.

My intention when I initially bought Magna International was to flip it and turn a quick profit – because I knew that the drop in stocks due to Brexit were overblown. I was right, at least in the case of Magna. While I held it, both this and SNC contributed to my Industrials exposure which has not been stripped down only to Exchange Income Corp., who is continuing to push new highs.

I purchased the shares at $48.63, with a trading cost of $6.95 for a total cost basis of $1,465.85. The yield was a little higher then, by around 25 basis points.

Keep reading




Finance Blogs

Disclaimer

My publishings on dividendbeginner.com references an opinion and is for information or entertainment purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. I am not responsible for any decisions you make concerning finances, taxes, or investments. You must perform your own research and always take caution when extending capital.