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Monday, June 13, 2016

Alimentation Couche-Tard Inc. (ATD.B), Royal Bank of Canada (RY) and Thomson Reuters Corporation (TRI): welcome in my RRSP portfolio!

Last week, before happen the horrible shooting in Orlando, I decided to sell off completely something I had been holding on like it seem to me for being forever inside my RRSP portfolio: iShares Gold Bullion Fund (CGL). I made about $80 off the sale. Gold sector is very rough and I had really enough of holding on to something that result to barely nothing at all in term of capital gain, and even less in term of dividend income, because iShares Gold Bullion Fund (CGL) doesn't pay any dividend distribution.

Following the sale of my CGL units, I immediately bought some shares of Alimentation Couche-Tard Inc. (ATD.B), Royal Bank of Canada (RY) and Thomson Reuters Corporation (TRI). All of 3 pay some dividends and should be good investments for the long run. It cannot be worst than iShares Gold Bullion Fund (CGL), that's for sure. 

At this point, my dividend income is at $6 199.61 annually (without including RRSP). And I cannot wait to earn income. In order to do so, there's no magic trick. I can invest more or rearrange whatever I can. I had been holding JFT Strategies Fund (JFS.UN) in every part of my portfolio, non-registered, TFSA and RRSP. Usually speaking, JFS.UN pay an annual dividend distribution, but this year, they had reinvested their dividend distribution directly into the fund, leaving nothing for me to enjoy. I took the decision a little way back to sell all of the JFS.UN units that I hold in my non-registered portfolio. 

I didn't proceed to the sale yet, but it will happen soon and I will do, I will transfer the money in my TFSA and invest in something that could be a Derek Foster stock, Canadian Apartment Properties Real Estate Investment Trust (CAR.UN). That new investment should bring in about $100 in annual dividend. Another brick in the wall.

2 comments:

  1. Good decision you made Sunny!

    I don't hold any stock that don't pay dividend. In a hard time, dividend payment will help to stay focus and buy new investments.

    I bought CAR.Un when it was trading around $25. It is one of the best REITs to hold for long as people need to live somewhere (I guess).

    Best Regards,
    FJ

    ReplyDelete
  2. Thanks for commenting, I could not agree more :)

    ReplyDelete