Its time for another overview of our dividend stock portion of our wealth portfolio. And Boy, was I wrong last month, stating that it was a quiet month…. The quiet month appears to be February ;-). Albeit, we still managed to receive a very nice €225,37 in dividends during this month! Most of this has already have been reinvested into new shares by various Dividend ReInvestment Programs (DRIPs), which will continue to increase the portfolio.
However, this time I have done my homework and looked forward to see how March is shaping up, and it should be a very nice one that should dwarf all previous months. But let’s not get ahead of ourselves here, first the February overview.
Below you can find a quick overview of the total monthly dividend payouts for 2015/2016:
Here is an overview of our dividend stocks (we currently have 37 different stocks):
If you group the above dividend stocks by sector, the distribution of our portfolio is as follows (based on market value at close of markets on February 29, 2016):
During the dip at the beginning of February we were able to buy a whole bunch of shares with available cash. In total we invested a whopping €19.000, all purchases were triggered by shares dropping below our set limits (so no timing of purchases here). We have already set new limit orders for the next sets of shares, in case the market decides to have another hiccup.
We loved the mayhem at the beginning of this month, as you can imagine, and ended up buying shares in (amongst others) Unilever, Canadian Utilities, Corus Media, Fortis, Royal Canadian Bank and Plaza Retail REIT. These positions were selected to either average down or start new positions to further diversify our portfolio. They were generally Canadian Dividend “Contenders” or “Champions” with dividend streaks of 10+ years of increasing dividends, higher yields and high(er) chowder values.