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Dividend Weekly 03-2022

Personal and Blog Recap

This week was a very rough one for the market with the S&P 500 dropping a whopping 5.18% and the ​​Nasdaq Composite index dropping even more (6.38%). Weeks like these serve as reminders of how volatile things can get but I'll do my best to ignore the temporary noise and remember that my strategy is focused on the long term.

If you look at these smaller corrections, they are hardly noticeable in the grand scheme of things, especially if you invest consistently. Perhaps you may even take advantage of these phases for dollar-cost averaging. Let’s take a look at the overall portfolio value of the Just-Dividends Portfolio:

Wealthica Portfolio January 2022

 

Remember the big market correction in the spring of 2020? It is merely a dent in the chart now. And even if a history of three years of bull markets is not representative over decades of investing, you can see that the portfolio is going up.

Also ~ please ignore the drop in January 2021, when Wealthica tried to give me a heart attack by only showing my Apple holdings and ignoring all other positions for just one day.

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 my portfolio as transparent as possible.

Dividends Received

In the week starting January 17 2022 I received dividends and distributions from the following holdings:

Allied Properties REIT (TSE: AP.UN))

BCE Inc (TSE: BCE / NYSE: BCE)

Canadian Apartment REIT (TSE: CAR.UN)

STORE Captial Corporation (NYSE: STOR)

Buy and Sell Orders

On January 17, I increased my position in Canadian Apartment Properties REIT (TSE: CAR.UN) in my TFSA. Canadian Apartment Properties (short: CAP) REIT provides an investment opportunity primarily in the hot housing market of the major urban centers of Canada. Additionally, the REIT is diversified in its investments and owns overseas properties in the Netherlands. The total of over 500 properties (as per the Property list of Sep. 30, 2021) splits up into 81.5% of residential properties and 18.5% of land lease sites. While the current starting yield of 2.65% is nothing to write home about, CAP REIT has consistently grown its distributions over the past years.

CAP REIT Distribution Growth

Source: CAP REIT Distributions

Holding News

On Monday, Microsoft (NASDAQ: MSFT) announced the acquisition of Activision Blizzard (NASDAQ: ATVI). This is an interesting move for the media/gaming sector of Microsoft and a great addition to their portfolio after acquiring the game publisher Bethesda last year. The impacts on the sector have yet to be seen but the Sony (NYSE: SONY) stock dropped considerably on this announcement.

If Microsoft ever chooses to deliver games from the publishers acquired exclusively to the Xbox, it would be a considerable competitive advantage over Sony and impacts would certainly be felt in a market that is currently dominated by Sony outside of the United States.

In other news, Procter & Gamble (NYSE: PG) reported solid results on January 19, with an uptick in revenue and increased guidance for organic and all-in sales growth. The market reacted positively to the news and PG reached a new all-time high on Friday (before close).

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 and/or videos throughout the week.

In “This Core DIVIDEND STOCK Is Now CHEAP” Ian dives deep into all aspects of the British (formerly Dutch) powerhouse Unilever (NYSE: UL) and explains why the stock could still be a core holding for your dividend portfolio. The stock has been beaten by the market over the course of last week and currently offers a very attractive starting yield.

In the latest episode of Dividend Talk (Episode 83: “Interview with the Dividend Guy”), the European dividend growth investors “Engineer My Freedom” and “European DGI” have the opportunity to interview “Dividend Guy” from Canada. It’s a very entertaining interview. I really enjoyed the insights into the year of traveling from Dividend Guy and it was very relatable to my own journey which took me to Canada in 2015/2016 for a gap year that thoroughly changed my life!

Check back next week for more 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!

Post Comments(2)

user-avatar
Martin Jan. 25, 2022, 4:18 p.m.

>Also ~ please ignore the drop in January 2021, when Wealthica tried to give me >a heart attack by only showing my Apple holdings and ignoring all other >positions for just one day. Sorry! You can fix this using the history edition power up!

user-avatar
Just-Dividends Jan. 26, 2022, 8:08 a.m.

Thank you Martin. I never tried up the power-ups before but will definitely give this one a shot.

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