Sleepydad’s Dividend Paying Stocks

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I’ve been reading about dividend paying stocks recently from Young and Thrifty and Dividend Ninja and i would like to share with you some of the dividend stocks that I currently own.

  • iShares S&P TSX Capped Cmpst Indx Fnd (TSE:XIC):  Yield 2.37%
  • Fortis Incorporated (TSE:FTS): Yield:  3.72%
  • iSHARES SP TSX SMALLCAP INDEX FUND(TSE:XCS): Yield:  1.62%
  • Goldcorp Inc. (TSE:G):  Yield:  1.24%
  • Morneau Shepell Inc (TSE:MSI):  Yield: 6.83%
  • Husky Energy Inc. (TSE:HSE)  Yield 4.74%
  • Apple Inc. (NASDAQ:AAPL)  Yield: 1.75%
  • Royal Bank of Canada (TSE:RY):  Yield: 3.99%
  • Talisman Energy Inc. (TSE:TLM):  Yield: 2.09%
  • Potash Corp (TSE:POT): Yield 1.23%
  • Ishares SP TSX CDN DIVIDEND IDX FD (TSE:CDZ) :Yield 3.1%
(*Yields are calculated or from Google Finance)
Going back to the beginning (about 15 years ago), I started off with mutual funds for my RRSPs bought through a financial advisor.  After going through about two financial advisors (being dumped by advisors as they moved on and didn’t take me with them), we finally were shifted to an advisor that we seemed to like and thought we would go with her for the long term.
However after learning about their mutual fund fee structure: management fees, commissions, back ended loaded etc. I decided to get away from mutual funds and go for a cheaper alternative ETFs. However my advisor was not supportive of ETF, and I came to a conclusion that she wouldn’t be earning anything if i was to buy ETFs from her.  I started to become skeptical, but gave her the benefit of the doubt for another year or so.  But early last year, I finally decided to go on my own, I took my invested RRSPs out of her hands and into my own self directed RRSP.
Unfortunately, can’t say i’ve picked all winners for the preservation of capital.  My worst so far is Talisman (down over 25%) and iSHARES SP TSX SMALLCAP INDEX FUND (XCS) (down 10%).
Best picks are: Ishares SP TSX CDN DIVIDEND IDX FD (CDZ)(up 11%) and of course Apple (up over 30%) and their recently declared dividend.
I’m looking to pick up some stable American dividend paying stocks (ie, Johnson & Johnson, Procter & Gamble, etc.), however they seem a bit high.  Any others worth a look right now?

4 comments on “Sleepydad’s Dividend Paying Stocks”

  1. youngandthrifty on said:

    Thanks for the mention! :)

    Was your financial advisor able to preserve your capital?

    How has your portfolio overall fared?

    • sleepydad on said:

      I think I need a more disciplined approach for purchasing/selling my stocks. I think I need to do spend a little bit more time to research, instead of buying the picks of the day.

      I also need to spend the time to put in my stop losses, so that I get out before everything goes to bad. For example, for this past week, I should have put set in my “stops”, that if hits a certain low, it would automatically sell. I would have been able to preserve my profits, instead of watching my portfolio fall further.

  2. Parenting and Money on said:

    Thanks for visiting my site. Microsoft is also a good dividend stock. It’s one of my best performing stocks with solid dividends. I ditched our financial advisor a long time ago. I’ve learned early on that their advice are motivated by their commissions.

    • sleepydad on said:

      Thanks for visiting and commenting!
      I was watching Microsoft a few months ago, but kept on watching it go up. I was waiting for it to go a bit lower, but it never did. Looking at the all the Apple products I have at home, I ended up buying Apple instead.