Friday, May 1, 2020

Portfolio Update : April 2020

The month of April 2020 now behind us. Some major things have happened in the world, which affect the markets in some way.

The price of WTI barrel of crude oil fell to around to levels I never heard in my time on this planet. The price per barrel fell to around - $40 per barrel. That is negative $40. Likewise, Western Canada Select fell into negative territory as well. The economies across the world has been nearly shut down due to COVID19. As countries or individual provinces/states has started to relax restrictions and allow some businesses to start opening, it is a small fraction of the recent past.

A lot of individuals who were laid off due to COVID19, had their hours reduced or have to work at home. This means they have less money to spend and might be tightening their belts as we do not know what is in store over fears of the spreading of the virus.

Portfolio Activity

Margin Account Activity

There has been no buys or sells in this account.

The purchase of Cineplex (CGX.TO) by Cineworld has not been finalized as of this date. The deal is in danger of not go through due to the shut down of all Cineplex entertainment venues over COVID19. Cineworld has a similar shut down.

TFSA Activity

There has been no buys or sells in this account. I have not taken any money out of this account in several months.

Shares Purchased Via DRIP

1 unit of CUF.UN @ $8.61672 for a total cost of $8.62 (TFSA)
2 shares of ERF.TO @ $2.5035 for a total cost of $5.01 (Margin Account)

Cominar REIT pays a monthly distribution of $0.06 per unit per month, or $0.72 per unit annually. This DRIP adds $0.72 to my annual dividend income. The yield on cost for the DRIP unit is 8.35%.

Enerplus pays a monthly dividend of $0.01 per share monthly, or $0.12 per share annually. This drip adds $0.24 to my annual dividend income. The yield on cost for this DRIP is 4.79%.

Enbridge, has suspended their DRIP program over a year ago. So, I receive a check in the mail for my Enbridge shares held directly with the transfer agent. If the DRIP program is re-instated, then my shares will DRIP automatically without any action on my part.

I have some other positions with the DRIP turned on, but might not have enough of a dividend to purchase a whole share. Boston Pizza Royalties Income Fund (BPF.UN) have suspended their dividend due to restrictions put in the place due to COVID19.

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

There has been no dividend increases in April 2020.

Dividend Decreases

There has been no dividend decreases in April 2020.

Summary:

As of May 1, 2020 , the total value of the portfolio is $103863.46. This is a 8.83% increase over last month's total.

The portfolio is estimated to produce an estimated $5148.72 in dividend income over the next 12 months. This is an increase of $2.82 CAD , or 0.055%. Some of the dividends in the Canadian stocks section are paid in US dollars, which are converted to Canadian dollars.

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.

We have to believe this pandemic will end and we will get through this. Everyone must do their part, although it is hard when businesses are told to close their doors.

Did the pandemic change how you will live going forward regarding finances?

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 financial situation and tolerance for risk.

No comments:

Post a Comment