Portfolio Update - July 2026

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

The S&P 500 has been down 0.63% over the last month and up 0.34% over the last 5 days.

The S&P TSX Composite index has been down 0.14% over the last month and down 0.48% 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.  

On July 17, my covered call on NFI Group (NFI.TO) was assigned.  The strike price was $22.50.  My 200 shares were sold at $22.50 for proceeds of $4500.00. 

On July 20, I sold 2 NFI.TO 16Oct2026 $19.00 put options at $0.35 for a net premium of $68.02 . 

On July 21, I bought 0.773 shares of Canadian Pacific Railway (CP.TO) at $129.36 for a total cost of $100.00.  On the same day, I sold these shares at $129.45 for proceeds of $100.06.  The profit on this is $0.06.  Questrade started allowing fractional shares on Canadian stocks. The price of CP.TO has declined in recent days. 

On July 31, I bought 2.4032 shares if Canadian Pacific Railway at $124.83 for a total cost of $299.99.  Canadian Pacific Railway currently pays a dividend of $0.268 CAD per share quarterly, or $1.072 CAD per share annually.  

This purchase adds $2.58 CAD to my annual dividend income.

TFSA Activity

On July 3, I purchased 3 shares of Algonquin Power and Utilities (AQN.TO) at $7.87 CAD for a total cost of $23.61. 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 $0.365 CAD per share annually.

This purchase adds $1.10 CAD to my annual dividend income.

On July 21,  I averaged down on my Telus position.  I purchased 4 share of Telus (T.TO)  at $14.25 per share for a total cost of $57.00 .  On July 31 , I purchased 3 more shares at $13.15 per unit for a total cost of $39.45 CAD.  

On July 28, I added 2 shares of Brookfield Renewable Corporation (BEPC.TO) at $45.00 for a total cost of $90.00.  Currently, Brookfield Renewable Corporation pays a dividend $0.392 USD per share quarterly, or $1.568 USD per share annually.  This is equivalent of $2.20 CAD per share annually.

This purchase adds $4.40 CAD to my annual dividend income. 

Shares Purchased Via DRIP

1 unit of HHIS.TO @ $11.5691 for a total cost of $11.57 CAD (TFSA)

1 share  of QSR.TO @ $75.0917 USD for a total cost of $105.24 CAD (Margin)

1 unit  of REI.UN @ $22.87809 for a total cost of $22.88 CAD (TFSA)

4 shares of AQN.TO @ $5.83848 USD for a total cost of $32.39 CAD (TFSA)

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

1 unit of KMP.UN @ $19.06 for  a total cost of $19.06 CAD (TFSA)

1 unit of SRU.TO @ $30.19602 for a total cost of $30.20 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 July 28th, Capital Power Corporation (CPX.TO) increased their dividend from $0.6910 CAD to $0.7048 CAD per share quarterly, or $2.764 CAD to $2.8192 CAD per share annually.  This is an increase of 1.997%. 

I own 100 shares of Capital Power.  This increase adds $5.52 CAD to my annual dividend income. 

Dividend Decreases

On July 31, Telus Corporation (T.TO) decreased their dividend from $0.4184 CAD to $0.1875 CAD per share quarterly, or from $1.6736 CAD to $0.75 CAD per annually.  This is an decrease of 55.2%. 

I own 560 shares of Telus (in Margin and TFSA).  This decrease reduces my annual dividend income by $517.22 CAD .

For disclosure: I also own 17 shares of Telus in my RRSP, but that is not included in the blog.

Summary: 

As of August 2 2026, the total value of the portfolio is $401618.56 . This is a 1.145% increase over last month's total.

The portfolio is estimated to produce an estimate $13956.62 CAD in dividend income over the next 12 months. This is an decrease of $500.09 CAD , or 3.46%. 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. 

Portfolio Update - June 2026

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

The conflict in the middle east is the major news event over the past month. This has led to increase fuel costs across the globe.  Consumers and businesses has seen their expenses increase.  Things change drastically day to day.

The trade talks between United States, Mexico and Canada continue to be on and off one week to the next. The deadline of July 1 as come, and the United States did not renew the trade agreement between the 3 countries for another 16 years.  Therefore going forward, the United States Canada Mexico agreement (USCMA) will be reviewed on a yearly basis going forward and things can be changed each year. 

The government of Canada and Alberta has made announcement on a pipeline from Alberta to the southwest coast of British Columbia via a southern route.   

The S&P 500 has been up 1.35% over the last month and up 2.33% over the last 5 days.

The S&P TSX Composite index has been up 2.50% over the last month and up 1.28% over the last 5 days.

Portfolio Activity

Margin Account Activity

On May 26, I sold 4 RCI.B.TO 26JUNE2026 $54.00 covered call options at $0.12 per contract for a total net premium of $44.04 after commissions.  This option expired worthless. 

The covered call on Loblaws expired worthless on May 22 of 2026.  On May 27, I sold 2 L.TO 19JUNE2026 $64.00 covered call at $0.27 per contract for a total net premium of $52.02 after commissions.  On June 19, I bought to close this covered call at $0.70 per contract. The net loss on this option contract is $89.96 after commissions.

On June 19, I bought to close my covered call June 19 2026 covered call on NFI Group.  Then I sold 2 17July2026 $22.50 NFI.TO covered call at $1.30 for a total net premium of $258.02 after commissions.

On June 18, I sold my 100 shares of Ivanhoe Mines at $12.60 for a profit.  

Later on June 18, I re-entered into a position on Ivanhoe Mines at $12.40 per share with 100 shares.  On June 25, I averaged down by purchasing 100 more shares at $10.39 per share.  So, I now own 200 shares.

TFSA Activity

On June 11,  I averaged down on my position in HHIS position.  I purchased 1 unit of HHIS.TO at $10.98 per unit for a total cost of $10.98 .  On June 18, I purchased 2 more units at $11.18 per unit for a total cost of $22.36 CAD.  Currently, HHIS pays a distribution of $0.27 per unit monthly, or $3.24 per unit annually.

These new purchases add $9.72 CAD to my annual dividend income. 

On June 16,  I averaged down on my Telus position.  I purchased 1 share of Telus (T.TO)  at $16.45 per share for a total cost of $16.45 .  On July 2 , I purchased 3 more shares at $15.00 per unit for a total cost of $45.00 CAD.  Currently, T pays a distribution of $0.4184 per share quarterly, or $1.6736 per share annually.

These new purchases add $6.69 CAD to my annual dividend income. 

Shares Purchased Via DRIP

9 shares of T.TO @ $14.95534 for a total cost of $134.60 CAD (TFSA)

1 unit  of BEP.UN.TO @ $34.92 USD for a total cost of $48.96 CAD (TFSA)

1 share  of BEPC.TO @ $52.86459 for a total cost of $52.86 CAD (TFSA)

1 share  of CNR.TO @ $170.34444 for a total cost of $170.34 CAD (TFSA)

1 share  of MFC.TO @ $57.64373 for a total cost of $57.64 CAD (TFSA)

1 unit of AP.UN @ $9.96077 for a total cost of $9.96 CAD (TFSA)

1 unit of KMP.UN @ $18.79 for  a total cost of $18.79 CAD (TFSA)

1 unit of SRU.TO @ $30.10 for a total cost of $30.10 CAD (TFSA)

1 share of AW.TO @ $36.42 for a total cost of $36.42 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 in the month of June 2026.

Dividend Decreases

There was no dividend decreases in the month of June 2026. 

Summary: 

As of July 5 2026, the total value of the portfolio is $397073.13 . This is a 1.041% increase over last month's total.

The portfolio is estimated to produce an estimate $14456.71 CAD in dividend income over the next 12 months. This is an increase of $97.56 CAD , or 0.679%. 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 April 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. 

Portfolio Update - May 2026

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

The conflict in the middle east is the major news event over the past month. This has led to increase fuel costs across the globe.  Consumers and businesses has seen their expenses increase. 

The trade talks between United States, Mexico and Canada continue to be on and off one week to the next. 

The S&P 500 has been up 0.64% over the last month and down 2.62% over the last 5 days.

The S&P TSX Composite index has been up 1.64% over the last month and down 0.98% over the last 5 days.

Portfolio Activity

Margin Account Activity

On May 5, I sold 4 RCI.B.TO 22MAY2026 $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 May 26, I sold 4 RCI.B.TO 26JUNE2026 $54.00 covered call options at $0.12 per contract for a total net premium of $44.04 after commissions. 

The covered call on Loblaws expired worthless on May 22 of 2026.  On May 27, I sold 2 L.TO 19JUNE2026 $64.00 covered call at $0.27 per contract for a total net premium of $52.02 after commissions. 

On May 29, I purchased 6 shares of Walmart Inc (Ticker symbol : WMT) in my US dollar account within my margin account.  The funds for this purchase came from the cash build up in the US account from dividends paid by Chord Energy.  I purchased 6 shares of Walmart at $116.40 for a total cost of $698.40 USD.

TFSA Activity

On May 11,  I averaged down on my position in A&W Food Services of Canada position.  I purchased 10 shares  of AW.TO at $35.80 per share for a total cost of $358.00 including commissions.  Currently, A&W pays s a dividend of $0.48 CAD per share quarterly, or $1.92 CAD per share annually.  The yield on cost of this purchase is 5.36%. 

This purchase adds $19.20 CAD to my annual dividend income.

On May 14, I averaged down again on this position.  I purchased 5 additional shares at $35.06 per share for a total cost of $175.30 including commissions.  Yield on cost for this purchase is  5.48% .  

This purchase adds $9.60 CAD to my annual dividend income.

On May 11, I averaged down on my Algonquin Power and Utilities (AQN.TO) .  I purchased 25 shares of Algonquin at $8.23 per share for a total cost of $205.75 CAD including commissions.  Currently Algonquin pays a dividend of $0.065 USD per share quarterly, or $0.26 per share annually.  Alqonquin pays their dividends in US dollars, which is converted to Canadian dollars by my brokerage.

This purchase adds $6.50 USD to my annual dividend income.  

On May 15, I averaged down on again on my Algonquin position.  I purchased 5 shares at $8.00 for a total cost of $40.00 including commissions.  This purchase adds $1.30 USD to my annual dividend income. 

On May 15, I initiated a position in Capital Power Corporation (CPX.TO).  I purchased 100 shares at $62.90 CAD per share for a total cost of $6290.00.  Currently, Capital Power pays a dividend of $0.6910 CAD per share quarterly, or $2.764 CAD per share annually.  The yield on cost for this purchase is 4.39%. 

This purchase adds $276.40 CAD to my annual dividend.

On June 2, I decided to purchase BMO Asset Management Money Market Fund, which trades under ticker symbol ZMMK.   I purchased 78 units of ZMMK at $49.84 per share for a total cost of $3887.52.  Currently, ZMMK pays a distribution of $0.095 per unit monthly, or $1.14 per unit annually.  The distribution is variable from one month to the next. The yield on cost for this purchase is 2.29%. 

This purchase adds $88.92 CAD to my annual dividend income.

On June 3, I averaged down on my Allied Properties REIT (AP.UN.TO) position.  I bought 3 units of Allied Properties REIT at $9.75 CAD for a total cost of $29.25 CAD.  Currently, Allied Properties REIT pays a distribution of $0.06 CAD per unit monthly, or from $0.72 CAD per unit annually.  The yield on cost is 7.38%.   

This purchase adds $2.16 CAD to my annual dividend income.

Shares Purchased Via DRIP

1 unit of HHIS.TO @ $11.44 for a total cost of $11.44 CAD (TFSA)

1 unit of REI.UN @ $21.7961 for  a total cost of $21.80 CAD (TFSA)

2 shares of EMA.TO @ $71.46779 for a total cost of $142.94 CAD (Margin)

1 unit of AP.UN @ $9.56 for a total cost of $9.56 CAD (TFSA)

1 unit of KMP.UN @ $17.89704 for  a total cost of $17.90 CAD (TFSA)

1 unit of SRU.TO @ $28.06234 for a total cost of $28.06 CAD (TFSA)

1 share of FTS.TO @ $75.85433 for a total cost of $75.85 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 May 27, Bank of Montreal (BMO.TO) increased their dividend  from $1.67 to $1.71 CAD per share quarterly, or from $6.68 to $6.84 annually.  This is an increase of 2.40%.

I own 85 shares of Bank of Montreal.  This increase adds $13.60.

On May 27, Bank of Nova Scotia (BNS.TO) increased their dividend  from $1.10 to $1.14 CAD per share quarterly, or from $4.40 to $4.56 annually.  This is an increase of 3.64%.

I own 104.400884 shares of Bank of Nova Scotia.  This increase adds $16.70 to my annual dividend income.

On May 28, Royal Bank of Canada (RY.TO) increased their dividend  from $1.64 to $1.76 CAD per share quarterly, or from $6.56 to $7.04 annually.  This is an increase of 7.32%.

I own 56 shares of Royal Bank.  This increase adds $26.88 to my annual dividend income.

On May 28, TD Bank (TD.TO) increased their dividend  from $1.08 to $1.12 CAD per share quarterly, or from $4.32 to $4.48 annually.  This is an increase of 3.70%.

I own 256 shares of TD Bank.  This increase adds $40.96 to my annual dividend income.

Dividend Decreases

There was no dividend decreases in the month of May 2026. 

Summary: 

As of June 7 2026, the total value of the portfolio is $392983.73 . This is a 5.76% increase over last month's total.

The portfolio is estimated to produce an estimate $14359.15 CAD in dividend income over the next 12 months. This is an increase of $599.89 CAD , or 4.36%. 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 April 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. 

Portfolio Update - April 2026

 The month of April 2026 a ended and it was quite the month! 

The conflict in the middle east is the major news event over the past month. This has led to increase fuel costs across the globe.  Consumers and businesses has seen their expenses increase. 

The S&P 500 has been up 9.35% over the last month and up 1.08% over the last 5 days.

The S&P TSX Composite index has been up 2.14% over the last month and up 0.12% over the last 5 days.

Portfolio Activity

Margin Account Activity

On April 7, I sold 2 L.TO 17April2026 $62.00 put options at $0.40 per contract for a total net premium of $78.02 after commissions.

On April 17, the Loblaws stock (Ticker symbol L.TO) was trading below $62.00 per share at expiration.  I was assigned 200 shares of Loblaws at $62.00 per share.  My adjusted cost base for 200 shares is $12321.98 (200*$62.00-$78.02).  The adjusted cost base per share is $61.61.  Currently, Loblaws pays a dividend of $0.141075 per share quarterly, or $0.5643 per share annually.  The yield on cost for this purchase is 0.916%.  

This purchase adds $112.86 to my annual dividend income. 

On April 20, I sold 2 L.TO 15May2026 $64.00 call options at $0.70 per contract for a total net premium of $138.02 after commissions.

TFSA Activity

On April 6,  Titanium Transportation Group (Ticker Symbol TTNM.TO) went private after the shareholders voted in the deal.  Prior to the deal, majority of the shares were own by a private equity group and members of the executive team.  The shares were assigned at $2.22 per share.  I owned 965 shares, so I received $2142.30.  I essentially broke even with this position. 

Titanium Transportation Group suspended their dividend in February 2025, due to the uncertainty of trucking revenue due to tariffs.  So, the deal did not reduce my annual dividend income.

On April 29,  I purchased 3 shares of Canadian National Railway (CNR.TO) at $149.40 and then 10 shares at $147.50 .  The total cost of these purchases is $1923.20 .  Currently, Canadian National Railway pays a dividend of $0.97 CAD per share quarterly, or $3.88 CAD per share annually. The yield on cost is 2.62%.

This purchase adds $50.44CAD to my annual dividend income.

Shares Purchased Via DRIP

1 unit of HHIS.TO @ $10.15907 for  a total cost of $10.16 CAD (TFSA)

1 unit of REI.UN @ $20.09979 for  a total cost of $20.10 CAD (TFSA)

3 shares of AQN.TO @ $6.2773 USD for a total cost of $25.92 CAD (TFSA)

1 unit of AP.UN @ $10.60803 for a total cost of $10.61 CAD (TFSA)

1 unit of KMP.UN @ $17.07 for  a total cost of $17.07 CAD (TFSA)

1 unit of SRU.TO @ $28.02039 for a total cost of $28.02CAD (TFSA)

1 share of TD.TO @ $145.14728 for a total cost of $145.15 CAD (TFSA)

0.876315 shares of BNS.TO @ 104.848 for a total cost of $91.88 CAD (Transfer Agent)

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 in the month of April 2026.

Dividend Decreases

There was no dividend decreases in the month of April 2026. 

Summary: 

As of May 3 2026, the total value of the portfolio is $371593.27 . This is a 5.34% increase over last month's total.

The portfolio is estimated to produce an estimate $13759.26 CAD in dividend income over the next 12 months. This is an increase of $129.05 CAD , or 0.947%. 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 April 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. 

Portfolio Update - March 2026

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

The conflict in the middle east is the major news event over the past month. This has led to increase fuel costs across the globe.

The cost of living is strongly affected by the price of gas and diesel.  The cost of transporting goods from pickup to final destination means higher prices for consumers due to rising fuel costs.  Airlines have started to charge or increase their fuel surcharges to offset the increase in price of jet fuel.

The minority federal liberal government has called 3 byelections.  The results of these 3 byelections could mean a majority government. 

The federal NDP party has elected a new leader during the month of May.  The newly elected leader does not have a seat in the House of Commons.

The S&P 500 has been down 4.18% over the last month and up 2.00% over the last 5 days.

The S&P TSX Composite index has been down 2.46% over the last month and up 4.11% over the last 5 days.

Portfolio Activity

Margin Account Activity

On March 10, I sold my 100 shares of Ivanhoe Mines (Ticker symbol : IVN.TO) at $13.75 per share for a total profit of $46.00.

On March 13, I purchased 100 shares of Ivanhoe Mines at $12.55 per share.  Ivanhoe Mines does not have pay a dividend.  As of the time of this writing, I still have this position.

On April 2, I sold 175 shares of Loblaws Companies LTD (Ticker symbol L.TO) at approximately $64.02 per share for a profit of $100.50. Currently, Loblaws pays a dividend of $0.141075 per share quarterly, or $0.5643 per share annually.

This sale reduces to my annual dividend income by $98.75 CAD. 

On March 30, I sold 2 19June2026 NFI.TO $22.00 covered calls at $0.65 per contract for a net premium of $128.01.

 

TFSA Activity

On March 12, I purchased 10 shares of Killam Properties REIT at $16.14 per share for a total cost of $161.40. Killam Properties REIT pays a distribution of $0.06 per unit monthly, or $0.72 per unit annually. The yield on cost is 4.46%.

This purchase adds $7.20 CAD to my annual dividend income.

On March 19,  I purchased 5 shares of Telus Corporation at $18.08 per unit for a total cost of $90.40.  Currently, Telus pays a dividend of $0.4184 per share quarterly, or $1.6736 per share annually. The yield on cost is 9.26%.

This purchase adds $8.37 CAD to my annual dividend income.

On March 25,  I purchased 2 shares of Telus Corporation at $17.90 per unit for a total cost of $35.80. The yield on cost is 9.35%.

This purchase adds $3.35 CAD to my annual dividend income.

On March 27, I purchased 10 units of Harvest Diversified High Income Shares ETF (HHIS.TO) at $9.82 per unit.  This ETF pays a distribution of $0.27 CAD per unit monthly, or $3.24 CAD per unit annually. The yield on cost for this purchase is 32.99%.

This purchase adds $32.40 CAD to my annual dividend income.

During the month of March, I turned off the DRIP for Boston Pizza Royalties Income Fund (BPF.UN).

Shares Purchased Via DRIP

1 unit of HHIS.TO @ $10.67262 for  a total cost of $10.67 CAD (TFSA)

1 unit of REI.UN @ $19.40865 for  a total cost of $19.41 CAD (TFSA)

1 share of BEPC.TO @ $54.65914 for a total cost of $54.66 CAD (TFSA)

1 unit of BEP.UN @ $32.69009 USD for a total cost of $45.53 CAD (TFSA)

1 unit of AP.UN @ $9.44 for a total cost of $9.44 CAD (TFSA)

1 unit of KMP.UN @ $16.33 for  a total cost of $16.33 CAD (TFSA)

1 unit of SRU.TO @ $27.05017 for a total cost of $27.05CAD (TFSA)

1 share of MFC.TO @ $46.35118 for a total cost of $46.35 CAD (TFSA)

1 share of AW.TO @36.96138 for a total cost of $36.91 CAD (TFSA)

1 share of CNR.TO @ $141.22155 for a total cost of $141.22 CAD (TFSA)

7 shares of T.TO @ $18.0011 per share for a total cost of $126.01 (TFSA)

1 share of QSR.TO @76.3086 USD per share for a total cost of $105.89 CAD (Margin)

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 in the month of March 2026.

Dividend Decreases

There was no dividend decreases in the month of March 2026. 

Summary: 

As of April 4 2026, the total value of the portfolio is $352772.06 . This is a 1.716% increase over last month's total.

The portfolio is estimated to produce an estimate $13630.21 CAD in dividend income over the next 12 months. This is an increase of $36.26 CAD , or 0.267%. 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 April 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. 

Portfolio Update - February 2026

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

The prime minister of Canada travelled over seas to discuss trade opportunities to help Canada have better trade with other nations than it currently has at this point in time.

The cost of living continues to be a major issue for people across the globe. The last day of February and the first day of March was the beginning of conflict in the middle east. This led to the price of gasoline and diesel going up by large amounts.  Likely, other types of fossil fuels have increased in price.  So companies will pass on the higher fuel costs to customers. 

The S&P 500 has been down 3.23% over the last month and down 1.24% over the last 5 days.

The S&P TSX Composite index has been up 0.18% over the last month and down 3.56% over the last 5 days. 

Portfolio Activity

Margin Account Activity

On Feb 25, I purchased 175 shares of Loblaws Companies LTS ( Ticker symbol: L.TO ) at $63.45 CAD per share for a total cost of $11103.75 CAD. Currently, Loblaws pays a dividend of $0.141075 per share quarterly, or $0.5643 per share annually. The yield on cost for this purchase is 0.889%.  

This purchase adds $98.75 CAD to my annual dividend income.

On March 6, I purchased 100 shares of Ivanhoe Mines (Ticker Symbol:  IVN.TO) at $13.29 per share for a total cost of $1329.00.   Ivanhoe Mines does not pay a dividend. 

These 2 positions are not for long term holds. 

 

TFSA Activity

On Feb 24, I purchased 10 shares of Killam Properties REIT at $16.80 per share for a total cost of $168.00 per unit. Killiam Properties REIT pays a dividend of $0.06 per unit monthly, or $0.72 per unit annually. The yield on cost is 4.29%.

This purchase adds $7.20 CAD to my annual dividend income.

On March 6, I purchased 8 shares of Killam Properties REIT at $16.51 per unit. The yield on cost is 4.36%.

This purchase adds $5.76 CAD to my annual dividend income.

On Feb 11, I purchased 30 units of Allied Properties REIT at $10.20 per unit. Allied Properties pays a dividend of $0.06 per unit monthly, or $0.72 per unit annually. The yield on cost for this purchase is 7.06%.

This purchase adds $21.60 CAD to my annual dividend income.

On March 6, I purchased 2 units of Allied Properties REIT at $9.00 per unit. The yield on cost for this purchase is 8.00%.

This purchase adds $1.44 CAD to my annual dividend.

Shares Purchased Via DRIP

1 unit of KMP.UN @ $17.0539 for a total cost of $17.05 CAD (TFSA)

1 unit of SRU.UN @ $27.49825 for a total cost of $27.50 (TFSA)

1 shares of FTS.TO @ $ for a total cost of $26.70 CAD (TFSA)

1 unit of BPF.UN @ $25.65558 for  a total cost of $25.66 CAD (TFSA)

2 shares of EMA.TO @ $69.06549 for a total cost of $138.13 CAD (Margin)

1 unit of HHIS.TO @ $10.51585 for  a total cost of $10.52 CAD (TFSA)

1 unit of REI.UN @ $19.90177 for  a total cost of $19.90 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 February 11, Manulife Financial Corporation (MFC.TO) increased their dividend from $0.44CAD to $0.485 CAD per share quarterly, or from $1.76 CAD to $1.94 CAD per share annually.  This is an increase of 10.23%.

I currently own 140 shares of Manulife Financial Corporation.  This increase adds $25.20 to my annual dividend income.

Dividend Decreases

There was no dividend decreases in the month of February 2026. 

Summary: 

As of March 7 2026, the total value of the portfolio is $346821.83 . This is a 1.481% increase over last month's total.

The portfolio is estimated to produce an estimate $13593.95 CAD in dividend income over the next 12 months. This is an decrease of $197.80 CAD , or 1.477%. 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 March 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. 

Portfolio Update - January 2026

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

On January 28th, the Bank of Canada decided to keep the interest rate at 2.25%. 

The prime minister of Canada travelled over seas to discuss trade opportunities to help Canada have better trade with other nations than it currently has at this point in time.

The S&P 500 has been up 0.16% over the last month and up 0.23% over the last 5 days.

The S&P TSX Composite index has been up 1.04% over the last month and up 1.73% over the last 5 days. 

Portfolio Activity

Margin Account Activity

On January 19, I sold 80 shares of Canadian National Railway (CNR.TO) at $138.88 per share for a total $11110.40.  The position consisted of 3 buys which cost $11047.00 in total.  The profit on this transaction was $63.40. 

By closing this position, I removed $284.00 from my annual dividend income

On January 20, I bought 90 shares of Canadian National Railway (CNR.TO) at $136.55 per share for a total $12289.50.  On February 6, I sold these 90 shares of a total of $12372.30. The profit on this transaction was $82.80.

Altogether $146.20 in gross profit on this position. 

As I stated before, the dividends received from this position will stay in the margin account and the the profits will be taken out of the margin account.

After selling the 90 shares, my margin account (CAD) is actually now has a positive balance.  The negative amount on my spreadsheet reflects the subtraction of the trading account (all cash) and the cash amount of my "savings" that are in my margin account. 

On February 2, I sold 2 NFI.TO 20March2026 $22.00 covered call at $0.18 for a net premium of $34.02 CAD after commissions.

 

TFSA Activity

On January 21, I purchased 2 shares of Allied Properties REIT (AP.UN) at $13.85 for a total cost of $27.70.  Currently, Allied Properties pay a distribution of $0.06 per unit monthly, or $0.72 per unit annually.  The yield on cost of 5.20%.

This purchase adds $1.44 CAD to my annual distribution. 

On January 21, I purchased 12 units of Harvest Diversified High Income Shares ETF (HHIS) at $11.92 per share for a total cost of $143.04. Currently, this ETF pays a distribution of $0.27 CAD per unit, or $3.24 CAD per unit annually.  The yield on cost for this purchase is 27.2%. 

This purchase adds $38.88 CAD to my annual dividend income. 

On February 5, I purchased 10 units of Harvest Diversified High Income Shares ETF (HHIS) at $10.35 per share for a total cost of $103.50. The yield on cost for this purchase is 31.3%.

This purchase adds $32.40 CAD to my annual dividend income.

Shares Purchased Via DRIP

1 unit of KMP.UN @ $17.61684 for a total cost of $17.62 CAD (TFSA)

1 unit of SRU.UN @ $27.33604 for a total cost of $27.34 (TFSA)

3 shares of AQN.TO @ $6.408 USD for a total cost of $26.70 CAD (TFSA)

1 unit of BPF.UN @ $23.18944 for  a total cost of $23.19 CAD (TFSA)

2 shares of TD.TO @ $128.58639 for a total cost of $257.17 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 January 30, Canadian National Railway (CNR.TO) increased their dividend from $0.8875 CAD to $0.915 CAD per share quarterly, or from $3.55 CAD to $3.66 CAD per share annually.  This is an increase of 3.10%.

As the time of writing, I currently own 204 shares of Canadian National Railway.  This increase adds $22.44 to my annual dividend income.

On January 30, Brookfield Renewables Partners LP (BEP.UN) increased their distribution from $0.373 to $0.392 USD per unit monthly, or from $1.492 to $1.568 USD per unit annually.  This is an increase of 5.09%.

I currently own 155 units of Brookfield Renewables Partners LP.  At the time of this writing, this increase adds $16.12 CAD to my annual dividend income.

On January 30, Brookfield Renewables Corporation (BEPC.TO) announced the exact same distribution as the one immediately above. 

I currently own 122 shares of Brookfield Renewables Corporation.  This increase adds $12.69 CAD to my annual dividend income.

Dividend Decreases

There was no dividend decreases in the month of January 2026. 

Summary: 

As of February 7 2026, the total value of the portfolio is $341759.49 CAD . This is a 3.82% increase over last month's total.

The portfolio is estimated to produce an estimate $13396.15 CAD in dividend income over the next 12 months. This is an decrease of $179.51 CAD , or 1.322%. 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 February 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.