Portfolio Update - October 2026

  The last couple of weeks have been crazy. The on and off again trade talks between Canada and the United States continue to this day.

The United States of America had their midterm elections, which resulted in the democrats winning control of the house and the senate.

The S&P 500 has been down 5.00% over the last month, and down 3.07% over the last 5 days. 

The S&P TSX Composite index has been up 1.83%  over the last month, and up 0.18% over the last 5 days.

Portfolio Activity

Margin Account Activity

On Nov 2, I sold 4 RCI.B.TO 18DEC2026 $55.00 Call options at $0.08 CAD per contract for a total net premium of $28.04 CAD.  

TFSA Activity

On October 29, I purchased 10 units at $3.85 CAD per unit for a total cost of $38.50 CAD.  Currently,  Allied Properties REIT pays a distribution of $0.006 CAD per unit monthly, or $0.072 CAD per unit annually.   This purchase was made after earnings released earlier in the day, which a distribution cut of 90% was announced.  My purchase was to lower my adjusted cost base.  

 

Theses purchases adds $0.72 CAD to my annual dividend income. 

On November 11, I purchased 5 units of ZMMK at $49.84 for a total cost of $249.20 CAD.  

This purchase adds $6.00 CAD to my annual dividend income.

Shares Purchased Via DRIP

1 share of TD.TO at $175.46158 CAD for a total cost of $175.46 

0.733521 shares of BNS.TO @ $132.39 CAD for a total cost of $97.11 

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 November 3, Fortis increased their dividend from $0.64 CAD to $0.665 CAD per share quarterly, or from $2.56 CAD to $2.66 CAD per share annually.  This is an increase of 3.91%.  

I currently own 135 shares of Fortis Inc.  This increase adds $13.50 CAD to my annual dividend income. 

Dividend Decreases

On October 29,  Allied Properties REIT decreased their distribution from $0.06 CAD to $0.006 CAD per unit monthly, or from $0.72 CAD to $0.072 per unit annually.  This is a decrease of 90.0%.  This is the second decrease by Allied Properties REIT in less than a year. 

At the time of this distribution reduction, I owed 230 units of Allied Properties REIT.  This decrease reduces my annual dividend income by $149.04 CAD.

 

Summary: 

As of November 8 2026, the total value of the portfolio is $396549.19 . This is a 0.942% increase since the last update.

The portfolio is estimated to produce an estimate $14069.21 CAD in dividend income over the next 12 months. This is an decrease of $101.39 , or 0.715%. 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 after October 25 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.