Tuesday, March 8, 2011
Bank of Nova Scotia (Toronto: BNS) has just announced that after a 2-year freeze of its dividend, it was again on the rise with a 6% increase (from $0.49 to $0.52 per qurter). I own BNS in my TFSA account and in my DRiP portfolio. [Sector: Financials]
A few weeks ago, TransCanada Corp (Toronto: TRP) announced a 5% increase (from $0.40 to $0.42 per quarter). TRP kept icreasing its dividend steadily even during the worst of the financial crisis. I own TRP in my DRiP portfolio. [Sector: Utilities]
Another company was Abbott Laboratories (NYSE: ABT), which increased its quarterly dividend 9% (from US$0.44 to US$0.48). Abbott is another company in my DRiP portfolio. [Sector: Pharma]
Pfizer (NYSE: PFE) also announced a dividend increase, bumping it up 11% (from US$0.18 to US$0.20 per quarter). Againg, I own some Pfizer shares in my DRiP portfolio. [Sector: Pharma]
In a different sector, 3M Company (NYSE: MMM) raised its quarterly dividend 4.7% (from US$0.525 to US$0.55). My 3M shares are in my RRSP account and in my DRiP portfolio. [Sector: Industrial]
Hasbor (NYSE:HAS) played its part with an impressive 20% increase (from US$0.25 to US$0.30 quarterly) in my DRiP portfolio. [Sector: Consumer discretionary]
All told, these increases will add about $14 to my dividend income for 2011. This may look small, but that's because my holdings in most of these companies are small. Still, it means an additional 0.126% to my dividend yield.
Wednesday, March 2, 2011
Assets ($203 811, down 0.2% from $204 124)
- Bank Accounts $3 387 (down 45% from $6 158)
- Emergency Funds $480 (down 83% from $2 877)
- RRSP Accounts $67 515 (up 5.4% from $64 043)
- Non-Retirement Investments $33 176 (up 2.8% from $32 267)
- Home $98 430 (stable)
Liabilities ($58 156, down 6.3% from $62 044)
- Credit Cards $2 567 (down 57% from $5 936)
- Mortgage $55 543 (down 1% from $56 073)
- Line of Credit $0 (stable)
- Debt / assets: 0.286 (down from 0.304)
- House value / total assets: 0.485 (up from 0.483)
Moved money from my emergency fund to my RRSP, to complete my contributions for 2010. Liquidities also moved down because I paid back my credit card bill where the car repairs and new computer for Princess.
I'm still very busy, moving to another new project at work. This is taking me a lot of energy, as I'm learning another new business domain and the delivery schedule is quite tight. I barely have time to update my spreadsheets, let alone blog about them. But things are going well! That's one good thing about dividend investments and DRiPs -- once they're set up they run themselves for the most part.
Future blog posts that I plan on doing: Recent Dividend Increases, and My Portfolio in Details (maybe split in a series of posts).