Portfolio Update - October 2025

 The month of October 2025 as ended and it was quite the month! 

During the month of October, Canada Post went to rotating strikes from a 100% shutdown.  When a location is chosen for a rotating strike, their will be no mail operations for the given time period. 

October was also the last month before the federal budget was tabled in Canada. The federal budget dictates where money will be directed by the federal government.  The budget has to pass , usually after some amendments, or the government dissolves and an election is called.  Canada is currently has a minority government.  So the governing Liberals will need support of some member of other parties in order to have the budget vote be successful.  

The S&P500 was down 0.09% over the past month.  In the last 5 days, the S&P500 was down 2.23%. 

The S&P TSX Composite Index was down 1.18% over the past month.  In the last 5 days S&P TSX Composite Index was down 1.25% over the last 5 days.

Portfolio Activity

Margin Account Activity

There has been no activity in this account since the last update.

TFSA Activity

On October 9th ,  I purchased 75 units of Allied Properties REIT at $18.90 per share for total cost of $1417.50 including commissions.  Currently, Allied Properties REIT pays a distribution of $0.15 CAD per unit quarterly, or $1.80 CAD per unit annually.  The yield on cost for this purchase is 9.52%.

This purchase adds $135.00 CAD to my annual dividend income. 

On October 31 ,  I purchased 25 units of Allied Properties REIT at $16.55 per share for total cost of $413.75 including commissions.  The yield on cost for this purchase is 10.88%.

This purchase adds $45.00 CAD to my annual dividend income.

This purchase is very high risk as their is a strong possibility of a distribution cut in the very near future.  The REIT is trading at a lower price than my second purchase.  

Shares Purchased Via DRIP

1 share of QSR.TO  @ $67.8997USD  for a total cost of $94.66 CAD (Margin)

1 unit of REI.UN @ $18.91468 for a total cost of $18.91 CAD (TFSA)

1 unit of KMP.UN @ $17.85 for a total cost of $17.85 CAD (TFSA)

1 unit of SRU.UN @ $26.51782 for a total cost of $26.52 (TFSA)

3 shares of AQN.TO @ $5.9671USD for a total cost of $25.15 CAD (TFSA)

1 unit of BPF.UN @ $20.58202 CAD for a total cost of $20.58 CAD (TFSA)

2 shares of TD.TO @ $115.11818 for a total cost of $230.24 CAD (TFSA)

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 November 2018, Enbridge stopped their DRIP program.  If Enbridge decides to start a DRIP, then my shares will start to DRIP again automatically.  

Dividend Increases

On October 24, Harvest ETFs released their distributions dates for several ETFs.  HHIS ETF announced the next monthly distribution will be $0.26 CAD per unit, which is $0.01 CAD per unit from the previous month. This is an increase of 4.0% . 

I owned 35 units of HHIS at the time of this increase.  This increase adds $4.20 CAD to my annual dividend income.

Dividend Decreases

There has been no dividend decreases in October 2025.

Summary: 

As of November 8, 2025, the total value of the portfolio is $309929.50 CAD. This is a 0.897% increase over last month's total.

The portfolio is estimated to produce an estimate $13334.26 CAD in dividend income over the next 12 months. This is an increase of $217.84 CAD , or 1.661%. Some of the dividends in the Canadian stocks section are paid in US dollars, which are converted to Canadian dollars.

Googlesheets is still not operating properly.  So, I had to manually enter the market value for the REITS, BEP.UN, and BPF.UN.

Any dividend increases or decreases in November 2025 will be included in the next portfolio update. 

Please Note: Positions in Restaurant Brands International (QSR.TO),  Brookfield Renewables Corporation (BEPC.TO), and Algonquin Power and Utilities (AQN.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 financia