In September of 2017, I received slightly over $100K from my former employer which represented the commuted value of my pension plan. I decided to invest 100% of this money into dividend growth stocks. Each month, I publish my results. I don’t do this to brag. I do this to show you it is possible to build a lasting portfolio during an all-time highly valued market. The market will inevitably go down, as it did in 2020. But I continued to enjoy cashing consistent and growing dividends despite …
Alimentation Couche-Tard (ATD.B.TO): Invest In Electric Vehicles Growth Without Picking An EV Constructor!
Electric vehicles are coming in strong... A world without car running on fuel? There's a convenience store that already thought about it! Alimentation Couche-Tard is a Canadian company that operates a network of convenience stores mostly across North America. While its yield is very low, it is an interesting addition to any kind of portfolio, even retirees'. With its stock price appreciation potential, its proven recession-resiliency business model, its growth by acquisition strategy and its …
I Didn’t Like RioCan (REI.UN.TO) Before It Cut Its Dividend; What About Now?
At the beginning of December, RioCan (REI.UN.TO) dropped a bomb for retirees: They slashed their dividend by 33%. "As RioCan continues to navigate through the uncertain retail landscape created by the COVID-19 pandemic and faces an unknown length and breadth of closures, the Board has taken the prudent action of reducing our distribution. A more conservative payout ratio is important in this undeniably challenging environment despite our well positioned portfolio, solid base of tenants and deep …
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How Canadian Banks Fared Last Quarter?
All Canadian Banks reported their earnings last week. As they are the heart and soul of the Canadian Economy, I'm always excited to follow their reports. Usually. if Canadian banks do well, the Canadian economy follows. If their quarter is hard, it also means most Canadian businesses are having a hard time. I've previously shared my Canadian Banks ranking on this blog so this time I'll just review my investment thesis and the potential risks for each of the Big 6! Canadian Imperial Bank …
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About Enbridge (ENB)(ENB.TO): Should You Fear a Dividend Cut?
How can Enbridge sustain its dividend payment? Is it safe? This is a question I've received many times in the last months from webinar attendees. How were they able to increase their dividend AND offer a high yield? Is there something wrong? Should we fear a dividend cut? What's the Story? When I first purchased ENB (back in 2018), I invested in a company with massive (and profitable) toll roads with an investment plan of $20B+. By completing those projects, supported by strong economic …
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Best Utility Stocks: My Top 3!
Last but not least of this Utilities Series! Today, I cover my Top 3 US Utilities. Again, one of the great upside of utilities is the fact they're mostly recession-proof. No matter what's going on on the market, everybody needs power and water! If you missed them, here are the previous posts that are part of this series: What Are Utilities and Why You Should Hold Some Renewable Energy to invest in the future Best Canadian Utilities: My Top 4! American Water Works …
