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Dividend Weekly 01-2022

Personal and Blog Recap

The first week of 2022 is already over and, oh boy, what a week it was. After moving from Toronto to Prince Edward Island in 2021, I expected some changes and challenges that I didn’t encounter living in an apartment and here we are - the first major snowstorm bringing up to 40cm of snow in my area with wind gusts of over 100km/h creating huge snowdrifts.

Coming from central Europe and having moved to Canada in 2017, it was the first major snowstorm I’ve experienced and the subsequent shoveling made me think twice about subscribing to services to plow my driveway. So far I enjoy the exercise but it’s well worth a second thought if those snowstorms become a daily phenomenon as last seen on the island in 2015.

Portfolio Updates

In the following section, I will outline all transactions in my brokerage accounts as well as cover relevant news around my holdings with the goal of keeping the portfolio as transparent as possible.

Dividends Received

In the week starting January 3 2022 I received dividends and distributions from the following holdings:

Telus Corporation (TSE: T)

Restaurant Brands Internation (TSE: QSR)

Canadian Natural Resources (TSE: CNQ)

Pepsico Inc (NYSE: PEP)

Buy and Sell Orders

As my first transaction of 2022, I increased my stake position in Allied Properties REIT (TSE: AP.UN) in my TFSA. Maxing my TFSA as early as possible is one of my goals to shelter any dividends and distributions in tax-advantaged accounts.

Since first buying Allied Properties in 2018, it has been a great addition to my portfolio, offering exposure to Canadian office properties in the major metropolitan areas of Toronto, Vancouver, Calgary, Ottawa, and Montreal.

Currently, the position offers an attractive entry yield of 3.80% and the company is committed to increasing the distributions in the years to come making it an excellent choice for my portfolio.

Below you can find a graphic outlining the increase in NAV and distributions per unit as of the latest Allied Investor Presentation from November 2021.

Allied REIT Nav and Distribution Growth

 

Holding News

The first week of January has been fairly quiet for my portfolio. The first earnings report of my portfolio will be released in two weeks when Procter & Gamble releases its report on Jan 19, 2022.

Other than thoughts on the earnings reports you’ll find information about recent dividend increases in this section so keep tuned. You’re as excited about those as I am.

Reads from the Community

Over the course of the week, I had a chance to read a lot of articles from the investing community. Below you can find some of my favorite posts throughout the week.

European Dividend Growth Investor’s ‘Annual Report 2021 – our Dividend Growth Portfolio performance review’ reflects on his past year in numbers, the blogpost spans an array of numbers tracking his portfolio and personal journey to Financial Independence. He also dives deep and shares statistics of his successful blog and endeavors on YouTube.

Echtgeld.tv with ‘Dauerläufer-Screening: Diese Aktien steigen immer’ are analyzing a handful of the 140 stocks that increased in share price every single year over the last 10 years. The audio is provided in German but English closed captioning is available.

Check back next week for amazing videos and reads from the personal finance and investing community!

Closing Words

I hope you enjoyed reading through some of these insights into my personal life and portfolio.

I invite you to share your opinions or feedback regarding the series. Are you missing anything? Is there another topic you’d like to see covered? Let me know in the comments below!

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