Portfolio Update - August 2026

 The month of August 2026 as ended and it was quite the month! 

The S&P 500 has been down 0.50% over the last month and up 0.27% over the last 5 days.

The S&P TSX Composite index has been downup 0.36% over the last month and up 0.06% over the last 5 days.

Portfolio Activity

Margin Account Activity

On July 8, I sold 4 RCI.B.TO 07Aug2026 $54.00 covered call options at $0.07 per contract for a total net premium of $24.04 after commissions. This option expired worthless. 

On August 10, the closed my position in Ivanhoe Mines (Ticker Symbol: IVN.TO).  The profit from the sale is $61.00 CAD .  Ivanhoe Mines does not pay a dividend.

On August 10, I sold 4 RCI.B.TO 18Sept2026 $55 covered call options at $0.09 per contract for a total net premium of $32.04 . 

On August 25, I closed my position in Canadian Pacific Kansas City Railway (CP.TO).  The profit on this sale is $17.33 CAD .  Currently, Canadian Pacific Kansas City railway pays a dividend of $0.2680 CAD per share quarterly,  or $1.072 CAD per share annually.  This sale reduces my annual dividend income by $2.58 CAD. 

TFSA Activity

On August 7, I purchased 5 shares of Algonquin Power and Utilities AQN.TO) at $7.93 CAD for a total cost of $39.65. On August 21, I purchased 5 more shares at $7.94 CAD for a total cost of $39.70 CAD.  Algonquin Power and Utilities currently pays a dividend of $0.065 USD per share quarterly, or $0.26 USD per share annually.  This is equivalent to $0.360 CAD per share annually.

These purchases adds $3.60 CAD to my annual dividend income.

On Aug 4,  I averaged down on my Telus (T.TO) position.  I purchased 10 share of Telus (T.TO)  at $13.00 per share for a total cost of $130.00 .  Currently, Telus pays a dividend of $0.1875 per share quarterly, or $0.75 CAD per share annually. The yield on cost for this purchase is 5.77% .

This purchase adds $7.50 CAD to my annual dividend income. 

On August 7, I purchased 3 units of Allied Properties REIT at $9.65 per unit for a total cost of $28.95 CAD.  On August 24, I purchased 3 more units at $9.14 CAD per unit for a total cost of $27.42 CAD.  Currently,  Allied Properties REIT pays a distribution of $0.06 CAD per unit monthly, or $0.72 CAD per unit annually.

 

This purchase adds $4.32 CAD to my annual dividend income. 

On August 28, I added 2 more units of the BMO Money Market Fund (ZMMK.TO) at $49.83 per unit for a total cost of $99.66 CAD.  Currently, ZMMK pays a distribution of $0.10 per unit monthly, or $1.20 per unit annually.  This fund  has a variable monthly distribution as it can possibly change from one month to next. 

The purchase adds $2.40 CAD to my annual divdend income.

Shares Purchased Via DRIP

1 unit of HHIS.TO @ $11.06308 for a total cost of $11.06 CAD (TFSA)

2 shares  of EMA.TO @ $70.77955 for a total cost of $141.56 CAD (Margin)

1 unit  of REI.UN @ $21.54382 for a total cost of $21.54 CAD (TFSA)

1 share of FTS.TO @ $76.28576 for a total cost of $76.29 CAD (TFSA)

1 unit of AP.UN @ $9.27 for a total cost of $10.24 CAD (TFSA)

1 unit of KMP.UN @ $18.44324 for  a total cost of $18.44 CAD (TFSA)

1 unit of SRU.TO @ $28.35511 for a total cost of $28.36 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

There was no dividend increases during the month of August 2026.

Dividend Decreases

There were no dividend decreases during the month of August 2026. 

Summary: 

As of September 6 2026, the total value of the portfolio is $397436.08 . This is a 1.041% decrease over last month's total.

The portfolio is estimated to produce an estimate $13966.89 CAD in dividend income over the next 12 months. This is an increase of $10.27 CAD , or 0.074%. 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 August 2026 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 financial decisions based on their own research and tolerance for risk.