Home » Dividend Updates » December 2019 Portfolio Update

The December Portfolio Update has to be my favourite. The dividends are the highest for my portfolio and it’s that time of year where it just makes sense to take a moment to reflect on the year that was.

I hope you’ll enjoy reading as I extend my heartfelt holiday salutations to you and your family.

CAD Dividends

CompanyCAD Payments ($)Div Increase (%)
RioCan Real Estate Investment Trust (REI.UN)31.32
The Coca-Cola Company (KO)70.07
Johnson & Johnson (JNJ)79.76
Corby Spirit and Wine Ltd. (CSW.B)66.00
Fortis, Inc. (FTS)76.406.11
Canadian Utilities Limited (CU)84.54
Canadian National Railway Company (CNR)18.81
Hydro One Ltd (H)62.79
Chartwell Retirement Residences (CSH.UN)5.00
Brookfield Renewable Partners L.P. (BEP.UN)130.03
Brookfield Asset Management (BAM.A)3.16
Brookfield Infrastructure Partners L.P. (BIP.UN)13.36

USD Dividends

CompanyUSD Payments ($)Div Increase (%)
Waste Management, Inc. (WM)21.79
McDonald’s Corporation (MCD)22.32
Yum! Brands, Inc. (YUM)13.93
Yum China Holdings, Inc. (YUMC)3.98
Visa Inc. (V)2.5520.00

Dividend Summary

I raked in C$641.24 and U$64.57, amounting to a currency-neutral total of $705.81. This is the first time I’ve crossed the $7xx barrier and I have to say it feels good to write. It seems like these psychological milestones continue to come with increasing frequency, though that does make sense given the dividend snowball tends to roll ever-faster as it goes along.

Looking at the list of companies and their payments, one thing that stands out for me is how robust and diversified my income stream has become. I’m not as top-heavy with names such as BCE or REI.UN anymore; other companies have grown in the ranks to likewise contribute sizeable amounts to my dividend income. This is important as it will also insulate me should there be any disruption from the heavy hitters.

I comfortably topped the December 2018 total by over $70:

Year To Date Progress

While I have been consistently tracking my dividends in monthly articles, I feel it is useful also to provide the higher-level-view within each monthly rundown. Here are the monthly tabulations:

MonthDividends ($)
Total4,939.64
January540.02
February54.41
March591.07
April521.00
May76.34
June608.09
July533.85
August76.34
September621.73
October530.64
November80.34
December705.81

I’ve come in with well over $1,000 in gains from last year with this 2019 dividend total of $4,939.64.

Market Activity

Although I have been looking simply to consolidate my holdings and add to pre-existing positions as capital has availed itself, I actually opened two new positions in December.

I first picked up 40 shares of A&W Revenue Royalties Income Funds (AW.UN) for a cash outlay of C$1,569.55. On the current distribution of C$0.159 monthly, this should kick off C$19.08 monthly or C$76.32 annually.

My second purchase was for 25 shares of Enbridge Inc. (ENB) for C$1,303.95. With the current dividend of C$0.81 quarterly (recently bumped to this amount by 9.76%), I am expecting C$20.25 quarterly or C$81.00 annually.

Taken in aggregate, these two purchases total C$2,873.50 invested and represent forward income of C$157.32 through 2020.

Cash

I continue earning 2.75% in interest as a promotional rate on idle cash. This rate extends to the end of January 2020 and so I will soon need to either renegotiate my interest rate or move elsewhere.

Conclusion

This was a very strong finish to the year. Crossing new thresholds is important to both keep the momentum and feel a sense of progress.

Earning over $700 in a single month without needing to lift a finger is incredible. It has me looking forward to the year to come and planning my next investments to drive the total even higher.

Thank you for reading.

Ryan

Full Disclosure: Long REI.UN, KO, JNJ, CSW.B, FTS, CU, CNR, H, CSH.UN, BEP, BAM.A, BIP.UN, WM, MCD, YUM, YUMC, and V.

3 thoughts on “December 2019 Portfolio Update

  1. steveark says:

    I’m not a dividend investor but anyone with significant stock exposure is going to generate dividend income. In our case we had a record month going over $10,000 for the first time ever for one month in dividends from 124 companies. We never take the dividends as income because my one day a week consulting pays all the bills but that reinvestment really adds up over time. I think you are headed for continued and increasing great success. As an older reader I can attest that wealth really snowballs as your time in the market increases. It seemed like it took forever to get to $100k in assets but much less time to go from one million to two.

    1. Hi Steve,

      Yes, with significant stock exposure, there is the higher likelihood of generating dividend income. However, there are plenty of non-dividend payers, so the investor must still take a deeper dive as far as what they are expecting from the stocks they own.

      It sounds like you had a great month, crossing $10k. Congrats on that! Looking forward to seeing the same, myself.

      Take care,
      Ryan

Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge

Disclaimer

No recommendation to buy or sell is made on this website. Any and all transactions published here do not represent recommendations to buy or sell securities. Consult with an investment professional before you invest. Nothing on this website should be taken as advice. Any data or charts are presented for illustrative purposes only and no guarantee is made as to their accuracy or timeliness. We are not responsible or liable for any losses suffered as a result of your acting on what you have read here. Past performance is not a guarantee of future performance. Your investments can decline in value and may result in total loss of investment.

We will never add to a user’s comment, though we do reserve the right to delete or edit comments. This website is a positive environment for all users and will always remain that way.

Privacy Policy

We treat all details of a personal nature communicated to us by our readership as confidental unless otherwise indicated with express permission. Your contact information will never be revealed, shared, sold, or otherwise be leaked by us for any reason.

When posting a comment on this site, do not include personal details except those you wish to be displayed. Those who leave comments are entirely responsible for the content they post.

Visit Us On TwitterVisit Us On FacebookCheck Our Feed