Month: March 2016

March Stock Market Review

Weekly Market Review (Mar 21 – 25)

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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Sold Valeant Pharmaceutical Stock

My Valeant Pharmaceuticals Story [Recent Sell]

Sales

Valeant Pharmaceuticals was the worst investment I could have ever thought of to funnel my very hard-earned money into.

Maybe that’s not 100% true; but it is the worst investment I’ve actually committed to. I saw as the company became the largest Canadian company, surpassing Royal Bank of Canada (RY) in late July, as it approached a Market Capitalization of nearly $112 Billion CAD. The market cap today is $10.5 Billion CAD. That’s a decrease of 96.3% of their value. And all within a couple months; it’s absolutely insane.

Back when it became the largest Canadian company, it caught my eye. I watched it for a little longer as it continued to climb; it seemed as though everyone who was investing in this company was getting rich! I had a little money lying around, and I thought – maybe it was time to expand my portfolio into some pure growth stocks – shifting away with some “fun money” from my dividend growth strategy. I’d read quite a few times, that when it came to playing the stock market as I was about to do, you should “only invest money you’re comfortable losing 100% of” – boy, I didn’t think it would ever actually happen, especially not to me.

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Stock Market Review

Weekly Market Review (Mar 14 – 18)

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! 

Enbridge Income Fund Holdings Stock Purchase

Recent Purchase: Enbridge Income Fund Holdings (ENF)

Purchases

On March 7th, I added 50 shares of Enbridge Income Fund Holdings (TSE: ENF) to The Dividend Beginner’s portfolio. I purchased the shares at $30.01 with a trading cost of $6.95 for a total cost basis of $1,507.45

Enbridge Income Fund Holdings pays a monthly dividend of $0.1555, which adds up to an annual dividend of $1.866. My initial yield on cost works out to 6.22%.

Enbridge Income Fund Holdings adds $93.30 to my annual dividend income, or $7.78 per month. ENF has increased their dividends consecutively for 5 years, off the back of Enbridge (TSE: ENB), who has increased their dividends consecutively for 20+ years.

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Dividend Raise: SNC-Lavalin (SNC)

Dividend Raises

On March 3rd, SNC-Lavalin (SNC) raised their quarterly dividend 4.00% from $0.25 to $0.26.

Considering the Dividend Beginner portfolio consists of 25 shares of SNC, my annual income from SNC has increased by $1.00, from $25.00 to $26.00 ($2.083 to $2.17 per month). My 12-month forward dividend income has risen from $1,429.90 to $1,430.90, an increase of 0.07%. My average monthly dividend income is now $119.24.

While a $1.00 increase in annual dividend income is laughable, think about how it would require an investment of $25.00, yielding 4.00% to generate $1.00 in dividend income. That’s an hour’s pay on a $52, 000 salary. You just got an hour of your life back.

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Stock Market Review

Weekly Market Review (Mar 7 – 11)

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 Nova Scotia dividend increase

Dividend Raise: Bank of Nova Scotia (BNS)

Dividend Raises

On March 2rd, Bank of Nova Scotia (BNS) raised their quarterly dividend 2.86% from $0.70 to $0.72.
BNS’ Q2 2015 dividend payment was $0.68, so this represents a one  year increase of 5.88%.

Considering the Dividend Beginner portfolio consists of 50 shares of BNS, my annual income from BNS has increased by $4.00, from $140.00 to $144.00 ($11.67 to $12.00 per month). My 12-month forward dividend income has risen from $1,425.90 to $1,429.90, an increase of 0.35%. My average monthly dividend income is now $119.16.

While a $4.00 increase in annual dividend income is laughable, think about how it would require an investment of $100.00, yielding 4.00% to generate $4.00 in dividend income.

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Stock Watch List for March 2016

Stock Watch List for March 2016

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.

Following are my picks for the month of February; these stocks are in no way recommendations; they are simply the stocks that I watch throughout the month and am hopeful to allocate capital to if given the chance and opportunity.

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Stock Market Review February

Weekly Market Review (Feb 29 – Mar 4)

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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February 2016 Dividend Income

February 2016 Dividend Income

Dividends

Another month in the books. It’s been a much less active month in the Dividend Beginner portfolio as I’ve spent a little less time trading and more time thinking about where I want to take my investments. I’ve updated my Stock Portfolio page to include a more up-to-date list of my investments; they are now tracked through Google Finance and will be updated every 5 minutes throughout trading days.

I’ve also calculated my sector allocation, included in the stock page, and I’m not very happy with it – though it isn’t a huge deal with the size of my portfolio. I believe it’s time to shy away from Financials with a roughly 35% exposure to the sector and start building up in other areas.

Regardless, it’s been another successful month with February adding 6.39% to my annual dividend income despite weathering a couple more dividend cuts. I’ve even made my first stock sale and am excited to reallocate the capital in a much healthier company which will make up for the reduction to my annual income throughout this month and then some.

Summary of February Investment Activities

Throughout February, I’ve purchased:

Two of my holdings increased their dividends:

Two of my holdings reduced their dividends:

One of my holdings was sold to recuperate capital:

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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.