Portfolio Update - March 2026

The month of March 2026 as ended and it was quite the month! 

The conflict in the middle east is the major news event over the past month. This has led to increase fuel costs across the globe.

The cost of living is strongly affected by the price of gas and diesel.  The cost of transporting goods from pickup to final destination means higher prices for consumers due to rising fuel costs.  Airlines have started to charge or increase their fuel surcharges to offset the increase in price of jet fuel.

The minority federal liberal government has called 3 byelections.  The results of these 3 byelections could mean a majority government. 

The federal NDP party has elected a new leader during the month of May.  The newly elected leader does not have a seat in the House of Commons.

The S&P 500 has been down 4.18% over the last month and up 2.00% over the last 5 days.

The S&P TSX Composite index has been down 2.46% over the last month and up 4.11% over the last 5 days.

Portfolio Activity

Margin Account Activity

On March 10, I sold my 100 shares of Ivanhoe Mines (Ticker symbol : IVN.TO) at $13.75 per share for a total profit of $46.00.

On March 13, I purchased 100 shares of Ivanhoe Mines at $12.55 per share.  Ivanhoe Mines does not have pay a dividend.  As of the time of this writing, I still have this position.

On April 2, I sold 175 shares of Loblaws Companies LTD (Ticker symbol L.TO) at approximately $64.02 per share for a profit of $100.50. Currently, Loblaws pays a dividend of $0.141075 per share quarterly, or $0.5643 per share annually.

This sale reduces to my annual dividend income by $98.75 CAD. 

On March 30, I sold 2 19June2026 NFI.TO $22.00 covered calls at $0.65 per contract for a net premium of $128.01.

 

TFSA Activity

On March 12, I purchased 10 shares of Killam Properties REIT at $16.14 per share for a total cost of $161.40. Killam Properties REIT pays a distribution of $0.06 per unit monthly, or $0.72 per unit annually. The yield on cost is 4.46%.

This purchase adds $7.20 CAD to my annual dividend income.

On March 19,  I purchased 5 shares of Telus Corporation at $18.08 per unit for a total cost of $90.40.  Currently, Telus pays a dividend of $0.4184 per share quarterly, or $1.6736 per share annually. The yield on cost is 9.26%.

This purchase adds $8.37 CAD to my annual dividend income.

On March 25,  I purchased 2 shares of Telus Corporation at $17.90 per unit for a total cost of $35.80. The yield on cost is 9.35%.

This purchase adds $3.35 CAD to my annual dividend income.

On March 27, I purchased 10 units of Harvest Diversified High Income Shares ETF (HHIS.TO) at $9.82 per unit.  This ETF pays a distribution of $0.27 CAD per unit monthly, or $3.24 CAD per unit annually. The yield on cost for this purchase is 32.99%.

This purchase adds $32.40 CAD to my annual dividend income.

During the month of March, I turned off the DRIP for Boston Pizza Royalties Income Fund (BPF.UN).

Shares Purchased Via DRIP

1 unit of HHIS.TO @ $10.67262 for  a total cost of $10.67 CAD (TFSA)

1 unit of REI.UN @ $19.40865 for  a total cost of $19.41 CAD (TFSA)

1 share of BEPC.TO @ $54.65914 for a total cost of $54.66 CAD (TFSA)

1 unit of BEP.UN @ $32.69009 USD for a total cost of $45.53 CAD (TFSA)

1 unit of AP.UN @ $9.44 for a total cost of $9.44 CAD (TFSA)

1 unit of KMP.UN @ $16.33 for  a total cost of $16.33 CAD (TFSA)

1 unit of SRU.TO @ $27.05017 for a total cost of $27.05CAD (TFSA)

1 share of MFC.TO @ $46.35118 for a total cost of $46.35 CAD (TFSA)

1 share of AW.TO @36.96138 for a total cost of $36.91 CAD (TFSA)

1 share of CNR.TO @ $141.22155 for a total cost of $141.22 CAD (TFSA)

7 shares of T.TO @ $18.0011 per share for a total cost of $126.01 (TFSA)

1 share of QSR.TO @76.3086 USD per share for a total cost of $105.89 CAD (Margin)

I have some other positions with the DRIP turned on but might not have enough of a dividend to purchase a whole share. 

My Enbridge position directly with the transfer agent is set up to DRIP.  Around November 2018, Enbridge stopped their DRIP program.  If Enbridge decides to start a DRIP, then my shares will start to DRIP again automatically.  

Dividend Increases

There was no dividend increases in the month of March 2026.

Dividend Decreases

There was no dividend decreases in the month of March 2026. 

Summary: 

As of April 4 2026, the total value of the portfolio is $352772.06 . This is a 1.716% increase over last month's total.

The portfolio is estimated to produce an estimate $13630.21 CAD in dividend income over the next 12 months. This is an increase of $36.26 CAD , or 0.267%. Some of the dividends in the Canadian stocks section are paid in US dollars, which are converted to Canadian dollars.

Googlesheets is still not operating properly.  So, I had to manually enter the market value for the REITS, BEP.UN, and BPF.UN.

Any dividend increases or decreases in April 2026 will be included in the next portfolio update. 

Please Note: Positions in Restaurant Brands International (QSR.TO),  Brookfield Renewables Corporation (BEPC.TO), and Algonquin Power and Utilities (AQN.TO)  pay dividends in US dollars. Brookfield Renewables Partners (BEP.UN) pays distributions in US dollars. My investment tab spreadsheet displays the Canadian dollar equivalent within 15 to 20 minutes of real time. 

Disclosure: Long aforementioned stocks

DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice. Every individual should do their due diligence to make their own financial decisions based on their own research and tolerance for risk. 

Dividend Income Update - February 2026

                                                       

The month of February 2026 is another month of dividend income landing in my accounts. 

Due to becoming debt free, I changed my pay myself model. Starting the beginning of August 2021, I am paying myself 30%, just like before. This will now consist of 24% to investing, and 6% to savings.  The investment portion is going to my TFSA. Any money left over at the end of the month, I put towards investing on top of the money allocated from paying myself first. Hopefully, I can keep this up!

Update on paying myself first. At the start of August 2022, I now pay myself 35%.  This will consist of 25% to investing and 10% to savings. 

At the start of January 2024, I allocated 27% to investing and 10% to savings. 

Starting July 2024, I started allocating 30% to investing and 10% savings.

Note: All the dividends and totals below are in Canadian Dollars

I received a total of $592.57 in dividend income for the month of February 2026. This represents a 1.895% increase from 3 months ago and a 10.72% increase year over year.

I received dividend / distribution income from 10 different companies.

I received $34.02 in net option premiums within my investment accounts in February 2026.  

Below is a visual of my dividend totals for the last 5 years.

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Most of my dividend income usually comes from my margin account.  As more investments and DRIPs are made inside TFSA, the percentage of dividend income for the TFSA is increasing. 

Click To Enlarge

Next, I will show the percentage of total income for each position. 

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In the first two months of 2025, I received $2098.15 in dividends. In the first two month of 2026, I received $2161.18 in dividends. This is an increase of 3.00% in 2026 over the same period in 2025. 

The graph below shows my total dividend income, as per the blog, since 2012. 

Click To Enlarge

I will update my dividend income tab with the new amount. I will include my option premium income also. It is great to see money from passive income sources deposited into my brokerage account every single month.

Note: Any activity in my RRSP account is not included in these totals.

How was your dividend income for February 2026?

Disclosure : Long all mentioned securities

DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.

Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk.

Portfolio Update - February 2026

 The month of February 2026 as ended and it was quite the month! 

The prime minister of Canada travelled over seas to discuss trade opportunities to help Canada have better trade with other nations than it currently has at this point in time.

The cost of living continues to be a major issue for people across the globe. The last day of February and the first day of March was the beginning of conflict in the middle east. This led to the price of gasoline and diesel going up by large amounts.  Likely, other types of fossil fuels have increased in price.  So companies will pass on the higher fuel costs to customers. 

The S&P 500 has been down 3.23% over the last month and down 1.24% over the last 5 days.

The S&P TSX Composite index has been up 0.18% over the last month and down 3.56% over the last 5 days. 

Portfolio Activity

Margin Account Activity

On Feb 25, I purchased 175 shares of Loblaws Companies LTS ( Ticker symbol: L.TO ) at $63.45 CAD per share for a total cost of $11103.75 CAD. Currently, Loblaws pays a dividend of $0.141075 per share quarterly, or $0.5643 per share annually. The yield on cost for this purchase is 0.889%.  

This purchase adds $98.75 CAD to my annual dividend income.

On March 6, I purchased 100 shares of Ivanhoe Mines (Ticker Symbol:  IVN.TO) at $13.29 per share for a total cost of $1329.00.   Ivanhoe Mines does not pay a dividend. 

These 2 positions are not for long term holds. 

 

TFSA Activity

On Feb 24, I purchased 10 shares of Killam Properties REIT at $16.80 per share for a total cost of $168.00 per unit. Killiam Properties REIT pays a dividend of $0.06 per unit monthly, or $0.72 per unit annually. The yield on cost is 4.29%.

This purchase adds $7.20 CAD to my annual dividend income.

On March 6, I purchased 8 shares of Killam Properties REIT at $16.51 per unit. The yield on cost is 4.36%.

This purchase adds $5.76 CAD to my annual dividend income.

On Feb 11, I purchased 30 units of Allied Properties REIT at $10.20 per unit. Allied Properties pays a dividend of $0.06 per unit monthly, or $0.72 per unit annually. The yield on cost for this purchase is 7.06%.

This purchase adds $21.60 CAD to my annual dividend income.

On March 6, I purchased 2 units of Allied Properties REIT at $9.00 per unit. The yield on cost for this purchase is 8.00%.

This purchase adds $1.44 CAD to my annual dividend.

Shares Purchased Via DRIP

1 unit of KMP.UN @ $17.0539 for a total cost of $17.05 CAD (TFSA)

1 unit of SRU.UN @ $27.49825 for a total cost of $27.50 (TFSA)

1 shares of FTS.TO @ $ for a total cost of $26.70 CAD (TFSA)

1 unit of BPF.UN @ $25.65558 for  a total cost of $25.66 CAD (TFSA)

2 shares of EMA.TO @ $69.06549 for a total cost of $138.13 CAD (Margin)

1 unit of HHIS.TO @ $10.51585 for  a total cost of $10.52 CAD (TFSA)

1 unit of REI.UN @ $19.90177 for  a total cost of $19.90 CAD (TFSA)

I have some other positions with the DRIP turned on but might not have enough of a dividend to purchase a whole share. 

My Enbridge position directly with the transfer agent is set up to DRIP.  Around November 2018, Enbridge stopped their DRIP program.  If Enbridge decides to start a DRIP, then my shares will start to DRIP again automatically.  

Dividend Increases

On February 11, Manulife Financial Corporation (MFC.TO) increased their dividend from $0.44CAD to $0.485 CAD per share quarterly, or from $1.76 CAD to $1.94 CAD per share annually.  This is an increase of 10.23%.

I currently own 140 shares of Manulife Financial Corporation.  This increase adds $25.20 to my annual dividend income.

Dividend Decreases

There was no dividend decreases in the month of February 2026. 

Summary: 

As of March 7 2026, the total value of the portfolio is $346821.83 . This is a 1.481% increase over last month's total.

The portfolio is estimated to produce an estimate $13593.95 CAD in dividend income over the next 12 months. This is an decrease of $197.80 CAD , or 1.477%. Some of the dividends in the Canadian stocks section are paid in US dollars, which are converted to Canadian dollars.

Googlesheets is still not operating properly.  So, I had to manually enter the market value for the REITS, BEP.UN, and BPF.UN.

Any dividend increases or decreases in March 2026 will be included in the next portfolio update. 

Please Note: Positions in Restaurant Brands International (QSR.TO),  Brookfield Renewables Corporation (BEPC.TO), and Algonquin Power and Utilities (AQN.TO)  pay dividends in US dollars. Brookfield Renewables Partners (BEP.UN) pays distributions in US dollars. My investment tab spreadsheet displays the Canadian dollar equivalent within 15 to 20 minutes of real time. 

Disclosure: Long aforementioned stocks

DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice. Every individual should do their due diligence to make their own financial decisions based on their own research and tolerance for risk.