Friday, October 18, 2024

OCTOBER 4th Week Dividend paying List

 EIT.UN

Canoe EIT Income Fund

closed-end investment trust

Market Cap                    2.7 B

Price                              15.25

Dividend yield               7.88% 

Dividend frequency       Monthly

EPS                                 1.64

Book value                     13.68

P/E                                   9.3%


OLY

Olympia Financial Group Inc

Foreign Currency Exchange and other trustee services

Market Cap                      237 M

Price                                 98.45

Dividend yield                  7.31%

Dividend Frequency         Monthly

EPS                                  10.14

Book value                       14.68

P/E                                    9.7%

Payout Ratio                     55.1


GDL

Goodfellow Inc

Wholesale distributor of building materials, floor covering, and value-added lumber products

Market Cap                       123.7M

Price                                  14.92

Dividend Yield                  3.35%

Dividend Frequency          Bi-annual

EPS                                    1.54

Book Value                        22.88

P/E                                     9.7

Payout Ratio                      63.3


RY

Royal Bank of Canada

Banks - Diversified, providing Financial services to various type of customers

Market Cap                      247 B

Price                                174.08

Dividend Yield                3.26%

Dividend Frequency      Quarterly

EPS                                 11.24

Book Value                      82.15

P/E                                   15.5

Payout Ratio                     49


RIT

CI Canadian REIT ETF

ETF consists of Mostly Canadian REITs

Net Asset                       519.5M

Price                               17.48

Dividend Yield               4.63%

Dividend Frequency      Monthly

Premium/Discount        (- 0.011)

NAV                              17.51


Monday, October 14, 2024

ASO - Academy Sports and Outdoors Inc

INTRO

 Academy Sports and Outdoors, Inc. is a full-line sporting goods and outdoor recreation retailer in the United States. The Company's product assortment focuses on outdoor, apparel, sports and recreation, and footwear through national brands and a portfolio of 19 private label brands. 

It has preferred access to national brands, such as Nike, Under Armour, Adidas, Winchester, Columbia Sportswear, Brooks, Skechers, Yeti, and Carhartt. Its private label brand portfolio includes Academy Sports + Outdoors, Magellan Outdoors, BCG, O'rageous, Game Winner, Outdoor Gourmet, Freely and R.O.W. 

Its primary product types include coolers and drinkware, camping accessories, and camping equipment; fitness equipment, fitness accessories, and nutrition supplies; outdoor apparel, seasonal apparel, denim, work apparel, graphic t-shirts, and accessories; casual shoes, slippers, seasonal footwear, socks; boys and girls footwear, and work and western boots, shoes and hunting footwear.

Things to consider 

Market cap 3.82 Billion

EPS is 6.63 (12 month)

One year return is nearly 20%

EPS growth for 5 years is 94%

The payout ratio is 6.2 %

Price to earnings 8.5%

Price to cashflow  is 10%

Liabilities are getting low from year to year 

285 stores across 19 states

Quarterly dividends with Ex-Div normally lay in March, June, September, and December with payment dates in April, July, October, and January. As of October 14, the price of the share is $53.63

The negative

The dividend yield is less than 0.8%


Tuesday, July 16, 2024

1 ETF you must have in your portfolio


 Welcome All,

This ETF is one of my favorites of all, XST. It's an S&P/TSX Capped Consumer Staples Index ETF consisting of all major Canadian Consumer Staple giants. 

I first consider this in my portfolio for a defense factor. After keeping it for a while, the performance shows as not only in a defense mode but also in the growth mode. 

My only regret is that why do I not put enough into it in the initial stage itself, but I compensating it by accumulating little by little every month from now onwards. 

The reasons why I like this so much are the following,

Its total number of holdings is only 10, which is very rare to see in ETFs 

To keep it that simple and only the best in the sector. 

And all the 10 are the major players in the sector.

I personally feel very comfortable holding the individuals in this ETF, so instead of holding them one by one, I decided why not to hold this one ETF itself, to make my portfolio simple. 

The management fees and MER fees are in the range of medium to a little high, but it is worth to pay for it, when you see the overall return.

It pays a quarterly dividend.

let's see the holdings,

ATD - Alimentation Couche tard Inc

L - Loblaw Companies Ltd

MRU - Metro Inc

WN - George Weston Ltd

SAP - Saputo Inc

EMP.A - Empire Ltd

PRMW - Primo Water Corp

PBH - Premium Brand Holdings Corp

NWC - North West Co Inc

MFI - Mapel Leaf Food Inc and

JWEL - Jamieson wellness Inc

I'm buying this ETF by matching my shopping bill every time hoping that in my retirement life, I can buy groceries by the dividend from it or the return from it. 


Sunday, July 14, 2024

Stock of the week July 2nd Week 2024


 As of July 2nd week of 2024, I want to share a stock that is in my portfolio and performing really well and hoping to give a massive return in the future. The Stock symbol is BEI.UN, named Broadwalk a REIT.

Actually, Real Estate is not on the favorable side of the market right now. The headwinds like interest rate, low occupancy rate, and increasing asset value are pulling it down to the bottom. So finding an ETF that consists of good REITs in it or a specific REIT itself will appreciate us in the coming days.

In my opinion, Broadwalk is one such REIT, with all the correct values to accumulate now. 

With a Market Cap of 3.7 B, Earning Per Share is 15.93 with the p/e ratio coming to 4.34. The current stock price is around 72$. 

The only negative or unlike thing in Broadwalk is their dividend yield, which is less than 2%, comparably very low with their peers. Other than that everything is in the position where it is supposed to be for an investor to invest.

Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities. Boardwalk has a proven long-term track record of building better communities. Its three-tiered and distinct brands: Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle, cater to a large diverse demographic. Boardwalk's disciplined approach to capital allocation, acquisition, development, purposeful re-positioning, and management of apartment communities allows the Trust to provide its brand of community across Canada creating exceptional Resident Member experiences. It has higher free cash flow and investment returns, stable monthly distributions, and value creation for the stakeholders. 

Personally, I used to rent one of their apartment in my early stages and used to pay rent every month. So now, I plan to invest with them and collect a little of the dividend every month.



Tuesday, July 9, 2024

How I benefit from Delayed Gratification



Canadians are so unlucky when it comes to mobile prices and charges compared with other developed countries. It was really a shock for me when I first landed here and saw the charges and then used to it. 

I personally like to use the latest phone with all the features but the reality is not favorable to me at that time. So I came up with a plan to delay my gratification. I bought a 200$ LG smartphone which has almost all the features but not the so-called brand value or show-off things in it. And got a prepaid plan from a provider with 25$ per month on basic calls and messages with no data usage. 

Yes, I struggled for a few years with it by using only the wifi, sometimes get bullied by others too, but it doesn't hurt me. Because I know what I planned for and keep going on the route.

The route I choose is - with this fully paid 200$ LG phone plus only 25$ per month for a couple of years instead of having 80$ per month with 3 to 4 hundred dollars down pay to the branded phone in the initial stage rather I will save the difference of 55$ for 2 years and get the latest phone by fully paid.

But the 2-year plan doesn't go as I planned.  Coz, I get used to the LG phone and try to milking most from it. Meanwhile, I accumulated more than 2k for my mobile purchase, and then I went shopping. Fortunately, my friend advised me that one of the mobile shop was giving Google Pixel for 0 downpayment with a switching offer. So I went with the offer and lucky they took the old mobile for 50$ and gave me a brand new Google Pixel 7 with 70 GB data, unlimited calls and messages with a free international call offer all at the cost of 55 $ a month. That offer was from the Black Friday sales.

Okay, now you want to know what I did with the 2000 $ saved for the mobile purchase. Yes, I invested in my favorite ETF which pays me a monthly dividend. I am using that dividend to pay my part of that mobile payment 55$ every month. 

If I can do this, why not you. Please comment on what you benefited from the delayed gratification.


JULY 2nd Week - Canadian Co. Ex-Div Date


 Welcome Everyone,

This post is about the companies & ETFs that will pay dividends with the Ex-Div Date happening on July 2nd week. Most of them are my Favourite companies or ETFs that I'm holding or on my watchlist that will be purchased soon.

On July 8th RBC Emerging Market Dividend Fund REMD - paying .213 cents per share on July 15th, with along few other RBC ETFs.

Walt Disney - Even though it is a USA company we can buy it on the CDR version. The dividend yield is not that attractive nor is their stock price. I'm mentioning here this just to announce that we can buy it without currency conversion by choosing this CDR version.

Master Card and Salesforce are again US companies that are available on the CDR version. Their ex-div is on July 9th.

My favorite stocks like ONEX, DNG - Dynacor group, and VZ - Verizon communication (US company with CDR version) are having their ex-div on July 10th with another financial institute TD Bank.

Guardian Capital Group Ltd paying 37 cents on 18th July for the shareholder on the record of July 11th.

TCS paying 8 cents on Aug 2nd with their ex-div on July 12th with another my favorite energy company HME paying a special dividend of 3 cents on the 26th of July.

These are a few of my filtered stocks list. There must be many other stocks or ETFs Ex-Div may fall on this week which I didn't notice, please mention it in the comment if you got some. Thank you very much, see you again.

Bye for now.


How to build a portfolio, which delivers income




First of all, I'm not a financial advisor. It's all my own experience, process, and thoughts. So let's dive into it.

I personally want to build a portfolio that gives me a monthly income without disturbing my contributed capital. It can be achieved by investing mostly in divided-paying companies or ETFs. So my plan is to create a strategy and follow it strictly without any compromise.

The Strategy is to create lists of buckets with numbers.

bucket no 1 - very high yield stock & ETFs (50%)

bucket no 2 - high yield stock & ETFs (20%)

bucket no 3 - normal yield stock & ETFs (10%)

bucket no 4 - low yield stock & ETFs (5%)

bucket no 5 - growth Stock & ETFs (5%)

bucket no 6 - a high-risk or a penny or ready-to-lose money stock & ETFs (5%)

bucket no 7 - Cash (5%)

 Every 100 dollars should go on this basis to investment. The dividends from all the first 4 buckets need to be collected and put in bucket 5 with the 5% contribution. 

This is the step No. 1 to be done. 

Step two will be like, to create the list of stocks & ETFs for each bucket. There should be no limit to the list in each bucket, but keeping it simple and less will help us to track the performance. Keep 7 ETFs and 2 Stocks on each bucket, for a starting purpose. Can add more if needed in the future.

The Stocks or ETFs which are paying more than 15% are very high yields, that will come with very high risk as well. So if you don't want very high risk quit this bucket and segregate that 50% to the next 4 buckets. There are a lot of ETFs nowadays ready to distribute 30% to 100% dividends per annum. Choosing one of those is purely your own decision. 

Bucket 2 - High yields are like more than 10% to 20% dividend yield. Even a lot of investors are against this type of stock or ETFs. Chasing yield will erode your capital is their arguments. 

Bucket 3 - Normal yields are ones with 5% to 10% dividend per annum. 

Bucket 4 - Low yield is the leftovers with less than 5%

Bucket 5 - Blue chip companies and ETFs consist of growth-oriented companies 

Bucket 6 - Again if you don't want to risk the money, skip this bucket. Otherwise having a small amount will not be bothered you much, but the luck and growth will be limitless. 

Bucket 7 - Cash This will act as an emergency fund. Like if any of our stock or ETF gets in trouble and tanked then this money needs to go there to do DCA.

What I'm doing right now is following this strategy with all 7 buckets until the dividends reach my active income. Then I become financially free and can able to decide whether I need to work full-time or part-time or to retire and relax. 

OCTOBER 4th Week Dividend paying List

 EIT.UN Canoe EIT Income Fund closed-end investment trust Market Cap                    2.7 B Price                              15.25 Divid...