Tag Archives: Dividend Stocks

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?