Hello everyone, in November 2020, we had the very good month. Monthly,we were buying for more good long term holding stocks. In addition, we started to add more growth stocks to our portfolio since July 2020. Ideally, we wanted to bring our ratio 80/20 between dividend and growth stocks.
In November 2020, there were total 19 transactions (5 sells and 14 buys). The total amount of the Five Sell transactions were $26,831.74. We took profit of our growth stocks and deployed the profit to different stocks. In addition, we sold some long term holding dividend stocks (LYB and WCN) and deployed the money to different dividend growth stocks. The total amount for 14 buys were $66,263.78 of stocks (Growth and Dividend).
Finally, the total cash $39,432 was deposited to our accounts to cover all transactions in the month of November.
This month, the total amount $18,744 were used to purchase dividend growth stocks to increase our annual dividend come by $970.58. However we sold some dividend stocks and lost total of $279.98. As the result, our total additional dividend for this month was $690.60 The rest of the money were deployed to buy growth stocks. See the list below for all transactions were made in November 2020:
| Date | Number of Share | Ticker | Amount | Dividend |
|---|---|---|---|---|
|
Nov 02/2020 |
Sell 800 |
JMIA |
-$11019.83 |
|
|
Nov 02/2020 |
Buy 29 |
IRM |
$777.78 |
$71.63 |
|
Nov 02/2020 |
Buy 30 |
TSE:TD |
$1774.59 |
$94.80 |
|
Nov 02/2020 |
Buy 70 |
TSE:NPI |
$3041.69 |
$84.00 |
|
Nov 02/2020 |
Buy 6 |
SHOP |
$7477.96 |
|
|
Nov 06/2020 |
Buy 200 |
NIO |
$8211.90
|
|
|
Nov 09/2020 |
Buy 100 |
SE |
$16632.07 |
|
|
Nov 10/2020 |
Sell 500 |
TSE:WELL |
-$3563.25
|
|
|
Nov 10/2020 |
Sell 1000 |
CVE:CLMD |
-$2496.55
|
|
|
Nov 11/2020 |
Buy 100 |
TSE:ENB |
$3605.95
|
$324.00 |
|
Nov 11/2020 |
Buy 300 |
PLTR |
$4204.95
|
|
|
Nov 16/2020 |
Buy 200 |
CELH |
$6474.9
|
|
|
Nov 20/2020 |
Buy 200 |
GBTC |
$4517.90 |
|
|
Nov 25/2020 |
Sell 58 |
LYB |
-$5161.59 |
|
|
Nov 25/2020 |
Sell 34 |
TSE:WCN |
-$4590.55 |
|
|
Nov 25/2020 |
Buy 7 |
AVGO |
$2748.12 |
$91.00 |
|
Nov 25/2020 |
Buy 10 |
MSFT |
$2148.49 |
$22.40 |
|
Nov 25/2020 |
Buy 100 |
TSE:CPX |
$3264.99
|
$204.00 |
|
Nov 25/2020 |
Buy 45 |
TSE:VRE |
$1382.49 |
$78.75 |
Northland Power Inc., an independent power producer, develops, builds, owns, and operates clean and green power projects primarily in Canada and Europe. The company produces electricity from renewable resources, such as wind, solar, or hydro power, as well as clean burning natural gas and biomass for sale under power purchase agreements and other revenue arrangements.
Currently, NPI is paying $1.20 or 2.78% of dividend annually. It has a 3-Year Dividend Growth Rate of 4.91% as of today. We liked the business of the company and the growth of this company. As a result, we added a new position 70 shares of NPI and increased our dividend income by $84.00 annually.
Capital Power Corporation develops, acquires, owns, and operates power generation facilities in Canada and the United States. The company generates electricity from various energy sources, including natural and landfill gas, coal, wind, waste heat, solid fuels, and solar. It owns approximately 6,200 megawatts of power generation capacity. The company was founded in 1891 and is headquartered in Edmonton, Canada.
CPX is paying $2.05 dividend or 7.01% for the current year. It has a 3-Year Dividend Growth Rate of 7.1% as of today. We added a new position of 100 shares of CPX from the money we sold our WCN shares. Our dividend income increased by $204.00 annually.
Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services.
The company has paid dividends for over 69 years to its shareholders. In December 2019, Enbridge announced a 9.8% increase to our dividend per share, increasing the quarterly dividend to $0.810. This translates into $3.24 dividend per share on an annualized basis for 2020. Over the past 25 years, the dividend has grown at an average compound annual growth rate of 11%. During the past ten-year period, the first annual payment was $0.74 in 2010, compared to $3.24 in 2019. Dividends per share have grown at approximately 16% per year over this time.
We believed that the yield for ENB was too attractive and the dividend should be safe because the company had a very strong cash flow. As a result, we added another 100 shares of ENB to our existing holdings that would increase our dividend income by $324.00 annually.
The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. The company operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. This bank is second largest bank in Canada and the fifth largest bank in North America (by the number of branches).
The bank has paid dividends for over 163 years to its shareholders. In February 2020, TD Bank announced a 7.0% increase to its dividend per share, increasing the quarterly dividend to $0.79. This translates into $3.16 dividend per share on an annualized basis for 2020. Over the past 10 years, the dividend has grown at an average compound annual growth rate of 9.70%. During the past ten-year period, the first annual payment was $1.22 in 2010, compared to $3.16 in 2020.
We liked the yield of TD and their dividend growth. As a result, we added another 30 shares of TD to our existing holdings that would increase our dividend income by $94.88 annually.
Shopify Inc., a commerce company, provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, Australia, and internationally. It is a commerce platform that allows anyone to easily sell online, at a retail location, and everywhere in between.
The growth for Shopify revenue is enormous since 2016:
- For the quarter ending June 30, 2020 Shopify revenue was $0.714B, a 97.34% increase year-over-year.
- For the twelve months ending June 30, 2020 Shopify revenue was $2.080B, a 60.45% increase year-over-year.
- Annual revenue for 2019 was $1.578B, a 47.05% increase from 2018.
- Annual revenue for 2018 was $1.073B, a 59.4% increase from 2017.
- Annual revenue for 2017 was $0.673B, a 72.94% increase from 2016.
We are very with bullish the growth with Shopify. Because of the stock has a great run this year, we are buying only 6 share this month at the cost of $7477.96. We will continue to add more positions in the future.
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States.
Palantir is the leader in big data analyis. The company is a potential strong growth in a demanding market. This was a speculative buy for us. Therefore, we bought a new position 300 shares of Palantir to our portfolio.
NIO Limited is often referred to as ‘Chinese Tesla’. The company designs, manufactures, and sells electric vehicles in the China, Hong Kong, the United States, the United Kingdom, and Germany.
The company is a growth company because China has massive ambitions for electric vehicles (EV), and it seeks 25% of all car sales in the country to be EVs by 2025, Financial Times reports. This is our speculative play for us because there are many risks involving this new company. We bought 200 shares of NIO with the believe that one day this company could catch up with Telsa in the EV market.
Sea Limited engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally.
Sea Limited‘s massive 7.5-times revenue growth over just the past five years.
We believed this company has tremendous potential to leader in e-Commerce. Therefore, we added a new position of 100 shares of SE to our portfolio.
Celsius Holdings, Inc. develops, markets, distributes, and sells functional calorie-burning fitness beverages in the United States and internationally.
This is a speculative play with the believe that this company would be a major brand of healthy drink . Therefore, we bought 200 shares of CELH for long term holding.
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide.
The company has paid dividends for over 16 years to its shareholders. In September 2020, Microsoft announced a 10% increase to our dividend per share, increasing the quarterly dividend to $0.56. This translates into $2.24 dividend per share on an annualized basis for 2020. Over the past 5 years, the dividend has grown at an average compound annual growth rate of 10%. was $1.24 in 2015, compared to $2.24 in 2020.
We like the growth of Microsoft especially in the Cloud and the diversify of its products. Also, MSFT is our forever stock that represents the core of our holding. As a result, we added another 10 shares of MSFT to our existing holdings that would increase our dividend income by $22.40 annually.
Broadcom Inc. designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide.
The company has paid dividends for over 9 years to its shareholders. In December 2019, AVGO announced a 16% increase to our dividend per share, increasing the quarterly dividend to $3.25. This translates into $13.00 dividend per share on an annualized basis for 2020. Over the past 5 years, the dividend has grown at an average compound annual growth rate of 60%. was $1.64 in 2015, compared to $13.00 in 2020.
We like the growth of AVGO especially in the 5G Play. Also, this is our forever stock that represents the core of our holding. As a result, we added another 7 shares of AVGO to our existing holdings that would increase our dividend income by $91.00 annually.
Conclusion
In November, we spent total of $39,432 . To sum up, we bought total of $18,744.10 of dividend stocks comparing to $47,519.68 spent to buy growth stocks. The ratio is 1:4 between dividend stocks vs growth stocks. We are still keeping the plan of using the profit from growth stocks to buy more dividend stocks for income. With all the selling and buying, we were able to increase our dividend income by $690.60. For the next few months, we will concentrate on increasing our dividend income.
Thanks for reading. How was your November? Did you buy anything?
Sam
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