Recent Buy! March(1) 2015

    Today I deployed some cash towards my first purchase of shares in quite some time. I added 33 shares of Royal Bank of Canada (RY), which combined with my earlier 7 shares puts my total at 40. I got the shares at $75.35, which slightly brings my averaged cost per share up to $74.95.  The 33 new shares of RY adds an awesome $101.64 in annual dividend income to my portfolio, and $25.41 each quarter, when combined with my previous 7 shares will add $30.8 a quarter!

February 2015: Income & Expenses

     Overall February was a pretty good month for me, income was fairly average from work and dividends, with a nice boost from my increased position in D.UN from my previous buy. I also managed to control my costs very nicely last month with a below average amount spent, hitting a nice savings rate of 25.6%!

February 2015 Dividend Update!

    February ended this weekend and so I have had time to do my favourite post, the Dividend Update!! This month was certainly not as high as last months record high of $75.16, but compared to February of last years $13.44, the $44.89 I received was great! So far I am extremely happy with my progress and loving finally being able to see the year of year results starting to show themselves.

Recent Dividend Increases

   In the past month quite a few of the companies that I hold, as well as a couple comparable sector companies have raised their dividends. And as more companies release their earnings I am looking forward to seeing some more dividend increases in the near future. The following companies in my portfolio gave me a raise in the last month: Toronto Dominion Bank (TD), National Bank of Canada (NA), Royal Bank of Canada (RY) and BCE (Bell Media). As well as Canadian Imperial Bank of Commerce (CM) and Rogers Communications (RCI.B).

Next Buy Watchlist: February 2015

    I should be having money to invest within the upcoming weeks, so it is time to compile my watchlist of stocks that I am interested in! There are quite a few on my radar at the moment which I will be tracking and keep a closer eye on. For the most part I am mainly interested to adding to, and building up my current positions with an overarching goal of getting them to have payouts big enough to start a Dividend Re-Investment Plan. There are also some companies which I might start a new position in as well. And definitely some of these are familiar names from previous Watchlists.

    The main sectors/components of my portfolio that I want to build up are Financials, Telecoms, REITs and Consumer products, as well as selective Energy companies. I do eventually want to build up positions in Resources/Industrials, Healthcare, Technology and Transportation, but those areas I think I will leave for outside of my TFSA. I am also hesitant to enter into those areas as I do not currently have a lot of knowledge of them and their product/company life cycles.