Trading Account Update : November 15 , 2020

  As previously stated on this blog, that I have started a trading account with a balance below $1000.00.   I started to add $50.00 every two weeks but that has stopped due to a recent job loss.  The following table shows my stats from the start of 2016:

                               

                                # of trades :                        52

                               Total Capital added:          $250.00
                               Trading Acct Balance:       $4061.99
                               Average Drawdown:          $149.14
                               Average Loss:                    $287.20
                               Average Accuracy:            84.62%
                               Average Risk:                    $162.37
                               Average Reward:              $111.37
                               Average Risk/Reward :      1: 0.686

        I have been trading penny stocks, stocks, REITS and options.  Any dividends that will be received from this account will stay within the account. The accuracy rate is high. Does this mean that I am a super trader? No it does not.  The risk to reward ratio states of every $1.00 of risk there is reward of  $0.686.  Ideally, a trader should aim for a 1:2  risk to reward ratio which causes the accuracy rate to be lower.  I lost big on a trade as I did not put a stop in at the initiation of the PZA.TO trade.  The stock kept dropping and dropping, so I felt it was best to sell.   

      The drawdown above is inter-trade drawdown.  This type of draw down is the dollar amount the trade moves against you.  Why is it important to keep track of inter-trade drawdown?  It helps you know if you are picking good entry points.  It is normal for trades to have inter-trade drawdown. 

Below is a chart of my 2020 percentile gains

Below is a chart showing my overall percentile gains from January 1, 2016, to November 15, 2020. 

Conclusion:

I have not gotten the results that I have wanted over the last couple of years. This is evident in the long roughly flat line in the chart above.  

I need to gain better entry points and to make sure to use a stop loss.  In the trading platform for my brokerage, you can put in a stop limit order when purchasing a stock via a bracket order.  

Note:  The trades are listed under the Trading Tab above with all the trades listed as of November 15, 2020

Note:  As of November 15, 2020, there is no active trades. 

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.

Recent Dividend Increases

As an investor, one of the things I look forward is to receive raises for doing no work on my part.  I am talking about dividend increases announced by companies where I currently am a shareholder.

 Dividend Raise #1

 On November 6, Telus Corporation increased their quarterly dividend from $0.29125  per share to $0.3112 per share, or $1.165 per share to $ $1.2448 per share annually.  These numbers are in canadian dollars as my shares are purchased on the Toronto Stock Exchange.  This is an increase of 6.85%.  

I currently own 48 shares of Telus Corporation (Ticker Symbol  T.TO).  Therefore, this increase adds $3.83 CAD to my annual dividend income.

 Dividend Raise # 2

 On November 12,  Intertape Polymer Group increased their quarterly dividend from $0.1475 per share to $0.1575 per share, or from  $$0.59 to $0.63 annually.  These dividend numbers for Intertape Polymer Group (Ticker Symbol :  ITP) are in US dollars as their dividend is paid in US Dollars.  This represents an increase of 6.78%.

 I currently own 120 shares of Intertape Polymer Group.  Therefore, this increase adds $4.80 USD to my annual dividend income.  The shares are traded on the Toronto Stock Exchange.  The dividend is converted to Canadian dollars in my brokerage account.  As of the time of this writing,  the equivalent canadian dollar amount would be $6.31 CAD.

 Summary:

These increases add approximately $10.14 CAD  to my annual dividend income.  This is equivalent to investing  $289.14 of my own money under the assumption of a 3.5% yield. 

Disclosure:  Long ITP, T

 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.

Dividend Income Update - October 2020

   

      

The month of October 2020 is another month of dividend income landing in my accounts. Recently, I switched my pay yourself first model to concentrate a little on debt repayment. The interest on debt is 7.16% 5.66% plus the insurance on the debt. The decrease in the interest rate is a result of emergency rate cuts by the Bank of Canada over the COVID19 pandemic. 

 

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

Non-registered Accounts 

Bank of Nova Scotia (BNS) - $42.93 (Transfer Agent)

Bank of Nova Scotia (BNS) - $18.00

Bell Canada Enterprises (BCE) - $83.25

Canadian Imperial Bank of Commerce "CIBC" (CM) - $160.60     

Enerplus (ERF)  - $7.40

Restaurant Brands International (QSR) - $68.17

Rogers Communications Class B (RCI.B) - $100.00
Shaw Communications (SJR.B) - $19.75

Subtotal : $500.10


TFSA

A&W Royalties Income Fund  (AW.UN) - $15.20

Boston Pizza Royalties Income Fund (BPF.UN) - $15.54

Cominar REIT (CUF.UN)    - $6.84

Killam Properties REIT (KMP.UN)    - $17.11

TD Bank (TD) - $48.98

Telus Corporation (T) - $13.98

TFI International (TFII) - $13.00

Subtotal: $130.65

Total = $630.75


I received a total of $414.63 in dividend income for the month of October 2020. This represents a 16.45% increase from 3 months ago and 1.085% increase year over year. 

A&W Royalties Income Fund paid out a special distribution of $0.30 per unit.  I own 38 shares of AW.UN, so account for $11.40 of the $15.20 for the total distribution from this position.

The large increase from 3 months ago was due to Restaurant Brands International (QSR) paying their dividend out in first week on October, like it has done in the past.  Normally, Restaurant Brands International dividend payment date for the previous quarter is first week of July, but it was paid on June 30.

I received dividend / distribution income from 14 different companies. 

I received $0.00 in option premiums within my investment accounts in October 2020.

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

Click to Enlarge

Most of my dividend income comes from my margin account. 

Click to Enlarge

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

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. 

EDIT:  Information about the large distribution amount for A&W Royalties Income fund was added to the post.  The comparison of dividend income with 3 months ago and 12 months ago was corrected to the proper amounts.  

How was your dividend income for October 2020?


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 : October 2020

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

COVID19 is still front and center in the news.  With the colder weather upon us, more and more activities are happening indoors.  The COVID19 cases have increased in Canada.  Alarming number of daily cases occurring in Ontario and Quebec. Are in going to go into lockdown in the near future?

The beginning of November started with the US election.  Currently, Joe Biden is leading as some states have to be counted. When Gore ran again George W. Bush, it took a few weeks after the election to things to be finalized.  

The price of oil is currently trading below $40 USD per barrel for WTI oil.  Oil is very important for the economy of Alberta, Saskatchewan and British Columbia.  Alberta is affected the most by low oil prices.

Portfolio Activity

Margin Account Activity

Earlier in the month of October, I sent a check directly to the transfer agent to purchase my shares of Bank of Nova Scotia.  This allows all the money to be invested as it is commission free and the ability to buy fractional shares.

On October 28th, the purchase is made.  It takes about 5 business days for the shares to settle in the account afterwards.  

I purchased 13.678439 shares of Bank of Nova Scotia (Ticker symbol BNS.TO) at $54.8308 for a total cost of $750.00.  

Currently, Bank of Nova Scotia pays an quarterly dividend of $0.90 CAD, or $3.60 CAD annually per share.  This purchase adds $49.24 to my annual dividend income.  The yield on cost of this purchase is 6.57%.

TFSA Activity

There was no activity in this account.

Shares Purchased Via DRIP

3 shares of ERF.TO @ $2.44982 for a total cost of $7.35 (Margin Account)

2 units of BPF.UN.TO @ $7.53381 for a total cost of $15.07 (TFSA)

0.781634 shares of BNS.TO @ $54.9234 for a total cost of $42.93 (Transfer Agent)

Enerplus pays a monthly dividend of $0.01 per share monthly, or $0.12 per share annually. This drip adds $0.36 to my annual dividend income. The yield on cost for this DRIP is 4.90%.

Boston Pizza Royalties Income Fund pays a monthly distribution of $0.065 per unit monthly, or $0.78 per unit annually.  This drip adds $1.56 to my annual dividend income.  The yield on cost for this DRIP is 10.35%.

Bank of Nova Scotia pays a quarterly dividend of $0.90 CAD per share, or $3.60 CAD per share annually.  This drip adds $2.81 to my annual dividend income.  The yield on cost of this DRIP is 6.55%.

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

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 October 22, TFI International (TFII.TO) increased the quarterly dividend from $0.26 to $0.29 per share, or from $1.04 to $1.16 per share annually.  This is an increase of 11.54%. 

I own 50 shares of TFI International, so this increase adds $6.00 to my annual dividend income. 

Dividend Decreases

There was no dividend decreases in October 2020. 

Summary: 

As of November 7, 2020 , the total value of the portfolio is $111015.24. This is a 0.171% decrease over last month's total. 

The portfolio is estimated to produce an estimated $5438.07 in dividend income over the next 12 months. This is an increase of $48.94 CAD , or 0.91%. 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) , Intertape Polymer Group (ITP.TO), and Brookfield Renewables Corporation (BEPC.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 financial situation and tolerance for risk.