Tuesday, April 24, 2018

Living off Dividends

The way to live off your dividends is to buy dividend growth stocks. Over time you will have a yield on your purchase price above the current yield you are getting when you buy the stock. Overtime you can build a portfolio with dividend income you can live off.

What I am showing below is the best stocks that I own, with the year I purchased the stocks and the number of years since then. Under P.Yd, I am showing the yield when I bought the stock and under M. Yd I am showing the yield I am currently getting.

What you can see is that some stocks have done better than others. Also nothing seems to beat Canadian Banks for dividends. The ones with the highest starting dividends have not moved much.

Name Exch Sym Yr Yrs P. Yd M. Yd
AltaGas Ltd TSX ALA 2009 9 13.48% 13.67%
Bank of Montreal TSX BMO 1983 35 6.65% 50.47%
BCE TSX BCE 1982 36 10.47% 32.80%
Canadian National Railway TSX CNR 2005 13 1.39% 10.09%
Canadian Natural Resources TSX CNQ 2012 6 1.32% 4.21%
Canadian Real Estate TSX REF.UN 2006 12 4.93% 7.09%
Canadian Tire Corp TSX CTC.A 2000 18 1.79% 16.13%
Canadian Utilities Ltd TSX CU 2017 1 3.81% 5.36%
Computer Modelling Group TSX CMG 2008 10 3.48% 17.39%
Emera Inc. TSX EMA 2005 13 4.70% 11.93%
Enbridge Inc. TSX ENB 2005 13 2.78% 14.94%
Evertz Technologies TSX ET 2011 7 2.83% 5.66%
Fortis Inc. TSX FTS 1987 31 7.10% 36.60%
Leon's Furniture TSX LNF 2006 12 2.26% 4.35%
Manulife Financial Corp TSX MFC 2005 13 2.10% 3.07%
Melcor Developments Inc. TSX MRD 2008 10 2.63% 3.26%
Metro Inc. TSX MRU 2001 17 1.87% 11.93%
Pembina Pipelines Corp TSX PPL 2001 17 9.53% 19.60%
Power Financial Corp TSX PWF 2001 17 2.57% 8.71%
Richelieu Hardware Ltd. TSX RCH 2007 11 1.74% 3.92%
RIOCAN REIT TSX REI.UN 2000 18 12.75% 17.22%
Royal Bank TSX RY 1995 23 4.27% 51.79%
Saputo Inc. TSX SAP 2006 12 2.16% 6.80%
SNC-Lavalin TSX SNC 1998 20 2.35% 33.79%
Sun Life Financial TSX SLF 2000 18 3.57% 13.52%
TECSYS Inc. TSX TCS 2011 7 3.11% 9.59%
TFI International Inc. TSX TCS 2017 1 2.70% 2.99%
Thomson Reuters Corp TSX TRI 1985 33 2.08% 13.56%
Toromont Industries Ltd TSX TIH 2007 11 2.74% 5.03%
Toronto Dominion Bank TSX TD 2000 18 2.34% 14.53%
TransCanada Corp TSX TRP 2000 18 6.66% 22.44%
Transcontinental Inc. TSX TCL.A 2015 3 4.38% 7.93%
WSP Global Inc. TSX WSP 2011 7 6.07% 6.07%


On my other blog I wrote yesterday about Fortis Inc. (TSX-FTS, OTC-FRTSF)... learn more. Next, I will write about WSP Global Inc. (TSX-WSP, OTC- WSPOF)... learn more on Wednesday, April 25, 2018 around 5 pm.

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

No comments:

Post a Comment