Portfolio Uodate - December 2020

 The month of December now behind us. The crazy year of 2020 is behind us.

The US election is still big news. The way the post election is turning out, I can't see Canada heading to a federal election while were still the midst of the pandemic.  The pandemic is actually getting worse in the second wave when compared to the first wave.      

In the last few days, Canadian politicians that travelled abroad are facing backlash from the public and from other politicians regardless of party affiliation.  Top medical professionals, premiers, prime minister, and health ministers have advised against travelling outside the country.

The S&P 500 finished up 15.5% in 2020.  The S&P TSX Composite Index finished  up 2.17%.  At the time of this writing, the price of a barrel of West Texas Intermediate Crude Oil is $48.42 USD per barrel 

Portfolio Activity

Margin Account Activity

There was no activity in this account.  I was able to keep all my dividends, instead of taking some money out.   

TFSA Activity

I was able to add cash to this account through paying myself first. 

On December 11, Brookfield Renewable Partners LP (BEP.UN) and Brookfield Renewable Partners Corporation (BEPC) had a 3:2 stock split.  This meant that I received 3 units or shares for every 2 units or shares that I owned.  

I owned 53 units of Brookfield Renewable Partners LP (BEP.UN) pre-split.  With the stock split, I now own 79 units. The 0.5 extra units is paid out as cash. 

I owned 8 shares of Brookfield Renewable Partners Corporation (BEPC) pre-split.  With the stock split, I now own 12 shares of BEPC.

The dividend and distribution for these 2 positions are the same amount.  Going forward, these get reduced by 3/2, or by 1.5, to reflect the 3:2 stock split.  These positions pay dividends and distributions in US dollars, so my investment tab spreadsheet  has the numbers converted to Canadian dollars.  

Shares Purchased Via DRIP

1 shares of ERF.TO @ $4.3135 for a total cost of $4.31 (Margin Account)

1 units of BPF.UN.TO @ $10.88157 for a total cost of $10.88 (TFSA)

Enerplus pays a monthly dividend of $0.01 per share monthly, or $0.12 per share annually. This drip adds $0.12 to my annual dividend income. The yield on cost for this DRIP is 2.78%.

Boston Pizza Royalties Income Fund pays a monthly distribution of $0.065 per unit monthly, or $0.78 per unit annually.  This drip adds $0.78 to my annual dividend income.  The yield on cost for this DRIP is 7.17%.

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

My Enbridge position directly with the transfer agent is set up to DRIP.  Around 2 years ago, Enbridge stopped their DRIP program.  If Enbridge decides to start a DRIP, then my shares will start to DRIP again automatically.  

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 December 8, Enbridge Inc. (ENB.TO) increased their quarterly dividend from $0.81 to $0.835 per share, or from $3.24 to $3.34 per share annually.  This is an increase of 3.09%. 

I own 359.278 shares of Enbridge , so this increase adds $35.93 CAD to my annual dividend income. 

Dividend Decreases

There was no dividend decreases in December 2020. 

Summary: 

As of January 2, 2021 , the total value of the portfolio is $124729.59. This is a 0.843% decrease over last month's total. 

The portfolio is estimated to produce an estimated $5508.46 CAD  in dividend income over the next 12 months. This is an increase of $34.20CAD , or 0.625%. 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 an