Building Your Pension Plan

I built my own pension plan. You buy good dividend growth stocks and hold on to them. These are some of the stocks I used to build my own pension plan. As my companies grew and increased their dividends, I made more in dividend income. Over time, I grew my dividend income so that I could live on my dividend income.

Under Held, is the number of years I have held these stocks. Under the St. Div column is the dividend I was getting per share when I bought the stock. The Start column shows the dividend yield I got when I bought the stock. Under Div R. column is the current dividend I am now getting per share I hold. Under the Now column, I am showing the current dividend yield and under On Orgi column I am showing what I am getting on my original investment.

No	Name	Sym	Held	St Div	Start	Div R	Now	On Orgi.
1	Bank of Montreal	BMO	39	$0.49	6.65%	$5.56	4.49%	75.44%
2	BCE	BCE	40	$0.52	5.72%	$3.68	5.82%	40.47%
3	Canadian National	CNR	17	$0.25	1.39%	$2.93	2.02%	16.25%
4	Canadian Tire Corp	CTC.A	22	$0.40	1.79%	$6.50	12.68%	29.12%
5	Enbridge Inc	ENB	17	$0.50	2.78%	$3.44	6.33%	19.15%
6	Fortis Inc	FTS	35	$0.33	7.10%	$2.14	3.52%	46.02%
7	Metro Inc	MRU	18	$0.11	1.92%	$1.10	1.59%	18.68%

On my other blog I wrote yesterday about Savaria Corporation (TSX-SIS, OTC-SISXF) ... learn more. Next, I will write about Ballard Power Systems Inc (TSX-BLDP, NASDAQ-BLDP0 ... learn more on Friday, July 29, 2022 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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