Buy-Sell-Hold

It's been an eternity since I have blogged with you so let me just tell you about the changes that have been made:

Sold MBT (manitoba telcom services) I actually love this stock but needed to reduce my margin. It currently pays 1.70 dividend and closed today at $33.45 so that was yield of 5%. - Current interest rate on my margin account is 4.25%

Sold BRK-B (Berkshire Hathaway B share) This particular stock I had bought for growth, so doesn't really belong in this Dividend report but I thought I should mention it anyway.

Bought 50 more BMO (Bank of Montreal) shares

Bought 25 more of BCE (Bell) shares

I am currently holding on to 300 shares of Manulife that I want to sell anywhere above 12.10

In my next post I will list my current positions and relay to you the income and yields associated to them.

Until next time..

The Dividend Girl

Dividend Girl Update

To those who have been following my dividend trail, here is the dividend report for the past 3 months.
November: BMO, COS, CPG for a total of $755.19

December: BA, CPG,PGF for a total of $279.69

January:BNA, BCE,CM,CPG,PGF for a total of $1995.32

February forecast $907

Apple, Blackerry and Dividends

 Today I watched in awe as Apple yet again made new highs before closing just below $500 ($497.67 to be exact). Four months ago when Steve Jobs passed away the stock fell to $369 and just 2 days later the market cheered this is unstopple train that he left behind.

With word of Apple 3 coming out in the next 3 weeks, the anticipation of the iphone 5 and good earnings Apple is increasingly taking over market share from fellow companies like RIM.

As a Canadian I really want to get behind the RIM train but the stock has broken my heart so many times that I had to put it on ice indefinetly and watch from the sidelines as it tries to get it right. While RIM is almost given their products away I have yet to come across a mega sale at the Apple store. What happens if Apple decides to start paying a dividend again??? OMG, it will be the greatest thing ever!

I've watched Apple make a $100 point move from Dec 22nd up until today February 15th. Who could ask for anything more. I am just going to sit back and watch it make higher highs and hope that my dividend paying companies take a page out of Apple's book and keep innovating.

The Dividend Girl

I'm Walking on eggshells this week end! EU summit is this week-end hopefully some really good news comes out about how the European debt will be fixed.

I woke up this morning looking 10 years out into the future with great hopes of retiring and wondered what my dividends would pay me. I opened up an excel sheet and looked at my income projection for the next year. Whenever I do this I get a little irritated because I always feel like I can do better.

I went through different scenarios this morning one had me selling all but 1 stock (ZWB). It was a lunatic thought that I would sell everything and rely on this one this stock to pay me a monthly dividend but these are the things I think of.

This past week dividends came in for BCE($1423.13), CPG ($35.19) and Canmarc ($23.75). My bank shares come in at the end of the month for another $530 for a total of $2012.07 minus interest on margin of $555 for total of $1457.07. As you can see my interest is a killer; one of my biggest motivators of that crazy thought I had earlier to sell everything and live without margin. If I did that, I would have a montly income of $744 from that one stock.

The Dividend Girl

Dividend Forecast for October 2011 is $2041 (BNS,BCE,CM,HCR)

In the news today: Raj gets 11 years for his insider trading, Google beats estimates then soars after the close and well ... RIMM is still trying to fix blackout problems.

There is so much that I could say about Research in Motion right now but I will keep it simple by saying this: The company does not pay a dividend. It looked promising around 90 bucks where I once foolishly bought 10 stocks and then few days later the stock fell by 18$ and I got out. My heart goes out my fellow canucks who didn't have the guts to cut RIMM loose. Having said that, I have had some interesting elevator conversations with complete strangers about the blackout.

The Dividend Girl

Dividend Forecast for October 2011 is $2041 (BNS,BCE,CM,HCR)

Wow! Dow up 103 points today ...
I'll take that.

The picture on the left is a perfect depiction of what it feels like to be in this crazy market where the bulls and bears are sitting at the same table taking turns playing a game that not even they can understand .

We still have no definite resolution from
Europe so this bullish run all but temporary
feels good. Google reports tomorrow can't
wait to see what those numbers look like.
Google just happens to be a stock that I like
to follow not one that I can afford to splurge on. Afterall I am a dividend girl.

The Dividend Girl

Dividend Forecast for October 2011 is $2041 (BNS,BCE,CM,HCR)

So , Paul McCartney got married. This is one time we hope that dollars and sense...(oops) cents come together. I cringe when I see wealthy people get married because it makes me wonder if they have a prenup, a will  and trust and well yes stocks and dividends would be great too.

On a side note have you heard of the couple holds the Guinness World Record for "Most Marriage Vow Renewals by the Same Couple”?
They renewed their vows 100 times! By the time you read this they might have done it again.

Let's talk dividends. Picture this if you will... you are wealthy lets say 10 Million dollars wealthy. If hat 10M yielded 5% in dividends for the year, that my dear friends is $500,000 in interest. Now let's say that the tax man comes to collect 50% that leaves you with $250,000. If you divide that by 12 months that is a monthly after tax income of $20,833.

As you can see there are a lot of ifs in that scenario and wishfull thinking but now you can see why some people really don't have to work out there at all. Now I used a measly 5 % for this example but there are stocks that return much more than that. Annaly(NLY) comes to mind based on today's close of $15.88 and $2.40 dividend... yup 15%.

Now, hold on I am not recommending any stocks mentioned above at all; I am simply expressing my trend of thought.