Month: February 2016

Purchase Inter Pipeline Stock

Recent Purchase: Inter Pipeline Ltd (IPL)

Purchases

On February 19th, I added 43 shares of Inter Pipeline Ltd (TSE: IPL) to The Dividend Beginner’s portfolio. I purchased the shares at $23.20, with a trading cost of $6.95 for a total cost basis of $1, 004.55.

Inter Pipeline Ltd pays a monthly dividend of $0.13, or an annual dividend of $1.56. My initial yield on cost works out to 6.72%. I really like monthly dividend paying companies, and am grateful to have the opportunity to add another to my fleet. Considering I’ve purchased 43 shares, IPL adds $67.08 to my annual dividend income, or $5.59 per month. IPL has increased their dividends consecutively for 13 years. In fact, IPL meets all of the Dividend Beginner stock picking criteria. My stake in IPL has increased my 12-month forward annual dividend income from $1, 307.62 to $1, 374.70, an increase of 5.13%. My monthly average dividend income now stands at $114.56.

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February Stock Market Review

Weekly Market Review (Feb 22 – 26)

Review

Welcome to the Dividend Beginner’s Weekly Stock Market Review, where you readers can see all of my new blog posts at a glance and decide which ones peak your interest for further reading.

You can also browse through the list of blog posts written by my fellow investors around the finance blogosphere. I also took the time to mark down all the interesting articles related to finance, investing and economics for my readers. So go make yourself a nice warm cup of coffee and get to reading, learning, and making money!

Dividend Beginner’s Posts

Dividend Bloggers’ Posts

Stock Articles

Economy Articles

 

Remember to subscribe to The Dividend Beginner blog to get e-mail notifications when  I release new blog posts. Part of being a great investor is always staying as up-to-date as possible!  The Dividend Beginner blog will help you with that, so you don’t have to! 

Dividend Cut: Dream Office REIT (D.UN)

Dividend Raises

On February 19th, Dream Office REIT (TSE: D.UN) cut their annual dividend by 33% from $2.24 to $1.50, starting with their February 2016 monthly distribution.

D.UN’s monthly distribution has dropped from $0.187 to $0.125. Considering the Dividend Beginner’s portfolio holds 45 shares, my annual dividend income received from D.UN has fallen from $100.80 to $67.5, a $33.30 reduction, or $2.78 per month.

This dividend reduction has decreased my 12-month forward dividend income from $1,340.92 to $1,307.62, a decrease of 2.48%.

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February Stock Market Review

Weekly Market Review (Feb 15 – 19)

Review

Welcome to the Dividend Beginner’s Weekly Stock Market Review, where you readers can see all of my new blog posts at a glance and decide which ones peak your interest for further reading.

You can also browse through the list of blog posts written by my fellow investors around the finance blogosphere. I also took the time to mark down all the interesting articles related to finance, investing and economics for my readers. So go make yourself a nice warm cup of coffee and get to reading, learning, and making money!

Dividend Beginner’s Posts

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Calculating Yield on Cost

How to Earn a Strong Yield on Cost (YOC)

Strategy

I’ve described yield on cost as the life-blood of the dividend growth investor. A dividend growth investor seeks out companies which have a history of raising their dividend yields every year without fail. Consistency in raising dividends is extremely important for a dividend growth investor as we count on increasing dividends to combat inflation through out the years and bulk up our dividend income, which will eventually be used to live off.

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National Bank of Canada

Dividend Stock Analysis: National Bank of Canada (NA)

Stock Analysis

Valuation

National Bank of Canada (TSE: NA) is currently trading at $36.79; down 21.73% in the past 52 weeks. National Bank of Canada’s 52-week range varies from $35.25 to $50.26. NA is trading 4.73% above it’s 52-week low and 26.80% below it’s 52-week high.

Price-to-Earnings (PE)

NA has a trailing PE of 8.2; a 19% discount to it’s 5-year average of 10.1, and a 66% discount to the S&P/TSX COMP’s PE of 24.3.

NA has a forward PE of 7.8; a 21% discount to it’s 5-year average of 9.9, and a 68% discount to the S&P/TSX COMP’s forward PE of 24.2.

Trailing PE 8.9 Forward PE 8.4
5-Yr Average 10.1 5-Yr Average 9.9
Rel. to 5-Yr Avg. 19% discount Rel. to 5-Yr Avg. 21% discount
TSX Comp Index 26.2 TSX Comp Index 25.9
Rel. to TSX Comp 66% discount Rel. To TSX Comp 68% Discount

The forward PE is lower than the trailing PE, indicating that NA is expecting to increase earnings in the forward twelve months.

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February Stock Market Review

Weekly Market Review (Feb 8 – 12)

Review

Welcome to the Dividend Beginner’s Weekly Stock Market Review, where you readers can see all of my new blog posts at a glance and decide which ones peak your interest for further reading.

You can also browse through the list of blog posts written by my fellow investors around the finance blogosphere. I also took the time to mark down all the interesting articles related to finance, investing and economics for my readers. So go make yourself a nice warm cup of coffee and get to reading, learning, and making money!

Dividend Beginner’s Posts

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Bank of Canada on the Canadian Economy

Bank of Canada on the Canadian Economy

Economy

While reading the Monetary Policy Report for January 2016 by the Bank of Canada, I figured that there was definitely some information on the pages which could help the average retail investor and better position them for decision making going into 2016. This is part 2 of this mini-series; this part focuses specifically on the Canadian Economy.

Part 1 of the Monetary Policy Report excerpts were focused on the Global Economy.

After my highlighted excerpts,  I will add my own little take on some of the information and briefly mention which stocks are of interest concerning the information consumed.

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February Stock Watch List

February 2016 Stock Watch List

Watch List

As we watch the market rise and fall, sometimes we see a big drop – the perfect opportunity to push some capital into the market and make some dividend growing investments. However, when this happens, many will watch and become lost in the vast amount of opportunities and potential investments. Which one is the best fit? Which one has the greatest expected dividend growth? These exact queries are the reason it’s so incredibly useful to make or follow a stock watch list every month, so when opportunities present themselves in abundance you know where to put your money.

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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.