Portfolio Update: April 2019

The month of April 2019 is now behind us.
 
The provincial election in Alberta occurred on April 16, 2019.  The United Conservative Party won the election and the NDP became the opposition.  Prior to the election, the NDP was the government.  An important thing to note in this election was the fact all other provincial parties did not win any seats.  

On April 1, the federal Liberal government placed a $20 per tonne tax on carbon in Saskatchewan, Ontario, New Brunswick and Manitoba.  The Saskatchewan premier took the federal government to court over the carbon tax.  In the last few days the courts have stated that the federal government has the constitutional right to put a price on carbon.  All the other provinces and territories have a price on carbon or a cap and trade system that meets the government requirements. 

The price of a barrel of crude oil is just of $63 a barrel for WTI crude oil.


Portfolio Activity

Things have been quiet in terms of portfolio activity.

My covered call in WestJet Airlines (WJA.TO) is still trading out of the money.  WestJet has been affected by the grounding of the 737 Max 8 aircraft manufactured by Boeing.  Governments around the globe have grounded these planes and banned them flying into and out of their air spaces and between airports.

My covered call in Telus Corporation (T.TO) was assigned on April 18 as the option was trading in the money. You can read about this option assignment here.  This option assignment decreases my annual dividend income by $218.00.  This sale occurred in my margin account.  For full disclosure, I still own 24 shares of T.TO inside my TFSA. 

 Shares Purchased Via DRIP
 
1 unit of CUF.UN.TO @ $11.96855 for a total cost of $11.97 (TFSA)

0.495670 shares of BNS.TO @ $73.6176 for a total cost of $36.49  (transfer agent)

I own 217 units of Cominar REIT (CUF.UN.TO). Currently, CUF.UN pays $0.72 per unit per year, or $0.06 per unit monthly. This DRIP adds $0.72 to my annual dividend income.

I own 42.435888 shares of Bank of Nova Scotia  (BNS.TO) directly with the transfer agent.  Currently, BNS,TO pays a $3.48 per share dividend annually, or $0.87 per share quarterly. This DRIP adds $1.72 to my annual dividend income.
 
Please note that if some brokerages DRIP shares when there is no DRIP program by the actually company. This DRIP is when the brokerage buys the shares directly off the public market stock exchanges.
 
Dividend Increases

On May 3, A&W Royalties Income Fund (AW.UN.TO) reported earnings. As of the result of good earnings, AW.UN.TO increased their monthly dividend from $0.147 per unit to $0.154 per unit.  This represents an increase of 4.76%.  

I currently own 38 units of AW.UN.TO, so this increase my annual dividend income by $3.19. 

Dividend Decreases

I did not receive any dividend decreases during the month of April 2018.

Summary:
 
As of May 4 , the value of the portfolio is $122030.99. This is a 0.618% increase over last month's total.
 
 EDIT:  May 6. The correct value of the portfolio is $122030.99 on May 4.

Disclosure: Long all fore mentioned stocks.


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.