Investments Update

December Investment Update

As of December 1st 2020

November 2020 has been the best month in the stock market since the October 1987. Almost all industries posted great returns. On my portfolio, I did a 35.67% return on paper. I really think that all the stocks I have in portfolio right now are solid and will grow in the long run.

Investment Update

Here is what is in our portfolio on December 1st 2020:

Bank of Nova ScotiaBNS1005.52%
Barrick Gold CorpABX3001.57%*
BCE incBCE705.91%
CDN Natural ResourcesCNQ1045.61%
Enbridge Inc.ENB2007.90%
Pembina Pipeline CorpPPL2077.69%
Pro ReitPRV.UN6267.64%
Canadian Dividend Growth Portfolio

During the month, I bought 100 shares of Bank of Nova Scotia. I personnaly think that a dividend of 5.52% is great and will benefit my portfolio on the long run. The Bank is solid and has an history of increasing dividend.

Also, I bought some 300 shares in the stock of Barrick Gold inc., ABX. Usually it would not be part of my dividend growth portfolio but I read the dividend might be increased by a significant amount. * As per the information that was distributed during Investor Day in November, Barrick Gold will more than likely adopt a policy to distribute its free cashflow in the form of a dividend. The dividend will be calculated on the predicted cash on hand and margins from operations. I expect the dividend to be starting at a yield of around 4%.

Looking Forward

Looking forward I would like to buy more shares of quality companies that are yielding a dividend of between 4 to 12%.

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