Dividend Income

Dividend growth companies makes compounding work for you. This is how you build a portfolio of dividend income. For example:

I have had Toromont Industries Ltd (industrial) for some 13 years and have made a total return of 14.62% per year with 12.27% from capital gains and 2.35% from dividends. On my original investment I am making 7.8% yield. They have a low dividend but nice dividend increase.

Metro Inc (food store - consumer) for 16 years and have earned 16.8% per year with 14.8% from capital gains and 2.03% from dividends. I have a yield of 17% on my original investment.

Emera Inc (utility) for 15 years and have made 11.9% per year with 6.93% from capital gains and 4.97% from dividends. I have a yield of 13.5% on my original investment.

Pembina Pipeline Corp (energy - pipeline) for 19 years and have made 15.67% per year with 6.84% from capital gains and 8.83% from dividends. I have a yield of 22.5% on my original investment.

Canadian Tire Corp (consumer) for 21 years and have made 12.64% per year with 10.68% from capital gains and 1.96% from dividends. I have a yield of 21.1% on my original investment.

This is how I built a portfolio that gives me increasing dividends each year. It takes time, but you can build a portfolio that provides you will an increasing income for a long time.

On my other blog I wrote yesterday about Lassonde Industries Inc (TSX-LAS.A, OTC-LSDAF) ... learn more. Next, I will write Waste Connections Inc (TSX-WCN, NYSE-WCN) ... learn more on Friday, June 18, 2021 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.

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