Portfolio Update: November 2019

The month of November 2019 now behind us.

The federal government on November 20 announced the new cabinet. The prime minister kept Bill Morneau as his minister of finance. If a new finance minister was chosen, I think it would of caused some market turmoil for a few days.

The major news event in Canada, which affected both Canada and the United States, was the strike at CN Rail (CNR.TO CNI). CN Rail serves 9 ports, 3 coasts between Canada and the United States. The strike lasted for about a week, but caused layoffs in other businesses due to the importance of CN Rail getting their goods and commodities to market. Quebec faced a major shortage of propane. CN Rail was operating at like 10% capacity during the strike.

Once the strike was over, CN started up operations the following business day at 6am local time for each of its locations. The federal government did not meet and pass legislation to force workers get back to work.

Portfolio Activity

Margin Account Activity

On November 5, I averaged down on my position in Cineplex Inc (CGX.TO). Cineplex Inc. operates movie theatres in Canada along with other entertainment establishments. Cineplex is in the transition phrase of being a movie theatre company to an entertainment company. I purchased 60 shares at $22.33 for a total cost of $1344.96 including commissions.

Cineplex pays a monthly dividend. I purchased the shares after the ex-dividend date, so the dividend paid on November 29 did not include dividends from the new shares.

TFSA Activity

There was no purchases and selling in the TFSA account.

I continue to build up cash in my TFSA to make another purchase and at a good price.

There was no drip in Cominar REIT (CUF.UN.TO) in November as the distribution was not enough to purchase one unit. The price of the stock has traded higher than my distribution amount in each of the last two months.

Shares Purchased Via DRIP

There was no shares purchased via the DRIP during November. The DRIP remains turned on for certain stocks as indicated in my investment tab spreadsheet.

Please note that if some brokerages DRIP shares when there is no DRIP program by the actual company. This DRIP is when the brokerage buys the shares directly off the public market stock exchanges.

Dividend Increases

On November 7, Telus Corporation (T.TO) increased their quarterly dividend from $0.5625 to $0.5825, or $2.25 per share annually to $2.33 per share annually. This is an increase of 3.56%. As of the time of this writing, I own 24 shares of Telus. This increase adds $1.92 to my annual dividend income. Telus has been raising their dividend semi-annually for the last several years.

Dividend Decreases

There was no dividend decreases announced in the month of November

Summary:

As I started to include my US position in my portfolio, I will once again included the information immediate below.

I decided to give a more accurate portfolio and included my US Stock portfolio along with the Canadian stock portfolio. I included the combined CAD amount for cash in all my postings but not the market value of the position.

I currently have one US position and it is held within my TFSA. The position is Facebook (FB). I have owned this position very near the IPO date or maybe even on the first day the shares traded.

I added a new sheet to my investment tab spreadsheet, showing this position and the USD cash position of both accounts. There is a small cash position within the US portion of margin account from a General Electric position I had years ago. Most of the cash as the result of the General Electric position was converted back into Canadian dollars.

The investment tab spreadsheet now has 2 sheets, one being the Canadian portfolio and one being a US portfolio. The latter is all in USD dollars. On the Canadian portfolio sheet, I take the sum of the US portfolio balance converted to CAD and the Canadian portfolio balance to give a total portfolio balance.

As of November 30 , the total value of the portfolio is $129876.08. This is a 2.26% increase over last month's total.

The dividend increases increased my annual dividend income by $1.92 CAD. This is equivalent of investing $54.86 of my own money at 3.5%.

The portfolio is estimated to produce $5541.56 CDN in dividend income over the next 12 months. This is an increase of $113.49, or 2.09%.

I updated my investing tab spreadsheet.

Disclosure: Long all aforementioned stocks

Please Note: Positions in Restaurant Brands International (QSR.TO) and Intertape Polymer Group (ITP.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.

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.