Portfolio Update: January 2019

The first month of 2019 is now behind us.  

The reduction in the production of Alberta oil that was previously initiated by the Alberta provincial government has now been recognized by the markets.  Commodities like oil are often bought a month to 3 months in advance.  

Portfolio Activity

My option contracts have expired worthless.  Since I am the seller of the options, I get to keep the premium.  I got to keep $182.05 in option premium for selling 3 put option contracts in WestJet Airlines (WJA.TO).  I got to keep $44.05 in option premium for selling a covered call in Telus Corporation (T.TO). 

Shares Purchased Via DRIP

0.472957  shares of BNS.TO @ $74.5312 for a total cost of $35.25 (Transfer Agent)

I own BNS is 2 separate accounts. Currently, Bank of Nova Scotia $3.40 per share per year, or $0.85 per share quarterly.  This DRIP adds $1.61 to my annual dividend income.

Dividend Increases

On January 23, Restaurant Brands International   (QSR.TO) announced a dividend increase of $0.20 USD annually.  The annual dividend was increased from $1.80 USD to $2.00 USD per share per year.  This represents an increase of 11.1%.

I own 100 shares of QSR.TO, so this increase adds $20.00 USD to my annual dividend income.

On January 24, Rogers Communications (RCI.B) announced a dividend increase of $0.08 per share annually.  The annual dividend was increased from $1.92 to $2.00 annually.  This represents an increase of 4.17%.  This increase is the first time since 2015 that the dividend was increased.

I own 200 shares of RCI.B, so this increase adds $16.00 to my annual dividend income. 

On January 29, CN Rail (CNR.TO)  announced a dividend increase of $0.328 per share per year.  The annual dividend was increase $1.82 from $2.148 per share per year.  This represents an increase of 18%.

I currently own 38 shares of CNR.TO ,so this increase adds $12.46 to my annual dividend income.

Summary:

As of February 6 , the value of the portfolio is $118398.98. This is a 7.72%  increase over last month's total.

Disclosure: Long all fore mentioned stocks.

Please Note: All stocks are from the Toronto Stock Exchange except TTR which trades on the        Venture Exchange.

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

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.