What’s up guys, it’s wiz.
Welcome back to the channel. If you are new, I am a Canadian investor. I cover a whole lot of information about investing in Canada and do research into our Canadian market. I dive into growth investing, dividend investing and Canadian small caps / penny stocks. Today, I will be going over my current dividend portfolio. For this video we will only be going over my Canadian dividend holdings and the passive income I earn. Currently I have close to 17500$ worth of Canadian dividend stocks, since my last video about my dividend portfolio, we were at around the 17200$ mark so we have gained close to 300$ from the last update. That gain both came from my deposits, capital appreciation and my dividends of course. For new investors, you need to join Wealthsimple Trade if you are looking to start investing and live in Canada. If you use my link in the description to join Wealthsimple, you get 2 free stocks worth up to 4500$ so do not miss out on that!
This is a minimalistic excel that I created to keep track of all the data surrounding my dividend portfolio, so this excel will be exact to the cent, trust me I make sure of it, when looking at the value over time of my portfolio and also the passive income generated by my holdings. So if I go in here, into the data sheet. You can basically see what you need to fill out to be able to generate the first page I was just on. It’s simple, you input your Canadian dividend stocks, the number of shares you currently have and overall average cost of each position, then of course to fill out all the passive income tabs, you have to fill out the annual dividend each specific company pays out. Let me go back to the main page. So this is my TFSA and the holdings you will see today, I have dedicated a lot of time and research into, as always if you decide to buy any of the stocks I hold, make sure to do your own due diligence. You are going to see my performance is still doing well compared to the last update I made a month ago. Current total percentage gain is around 13.43% as you can see. If we start with the first section of the excel here, it shows you actually the projected yearly passive income from my current dividend holdings. The yearly passive income I earn from my holdings is around 1161$, that translates to a monthly passive income of around 96.80$, each week I generate around 24.20$, daily around 3.46$, hourly wage income (meaning if compared to 40 hours a week, which is a typical work week) around 60 cents and then an hourly passive income of around 14 cents.
Let’s quickly go over the companies I hold in my Canadian dividend portfolio, welcome to new people if this is your first time seeing my holdings. I tend to not have a lot of different positions and rather have under 10 holdings that I trust and have learned and researched a lot about. You can see, we have our 7 main holdings, these are my dividend holdings only, so aside from these I am invested in US tech companies and some small cap stocks but today we are only focusing on our Canadian dividend holdings. Let me quickly go over the companies I hold. First Bank of Nova Scotia or Scotiabank (ticker symbol BNS). This is one of the Canadian banks I hold, and this one is mainly for international exposure. They have a large operational footprint in Latin America and I believe capturing that market will give them some huge profits in the future. Dividend 15 Split (ticker symbol DFN), this is my dividend risk play for this Canadian dividend portfolio. Riskier side here, since it has that high dividend, so risk play with that high reward. Canoe EIT Income Fund (ticker symbol EIT-UN), I first went over this fund around 2 years ago and is a major pillar in my portfolio, one of Canada’s most trusted and largest closed-end investment funds, it is my main monthly dividend payer. Riocan Real Estate Investment (ticker symbol REI-UN), one of my REITS I hold. Real estate has been doing good as of late and I think this summer will be very good for the real estate market. Smartcentres Real Estate Investment (ticker symbol SRU-UN), another Canadian real estate play exploring segments that Riocan does not. Toronto-Dominion bank (ticker symbol TD), my second and final Canadian bank stock, it is just an overall must have company if you are into Canadian financials. Final holding, iShares Core Equity ETF (ticker symbol XEQT) so I can get a certain diversification towards the US market as well as a bit of international companies. It is also a good overall safe growth ETF to hold and never think twice about. There you go my 7 holdings, obviously if you plan to buy any of these, do your own due diligence and do not expect the same returns as me since I’ve been holding these Canadian companies for a while
Let me go over the performance section of the excel. So total portfolio market value of around 17500$ and the total portfolio net value of 15420$. That gives us currently around a 2071$ value gain which is around a 13.43% total percentage gain. So far, since the beginning of my investing journey, I have gained close to 941$ in dividends from my portfolio. You can see to the right, the dividends I have earned each month, and then the histogram right next to you, showing the progress over the months of investing. As you can see, January was a huge month for dividends, I earned around 115$ for the month. April is yet again another month where I will get those quarterly payments coming in, meaning I will be getting dividends from the banks, BNS and TD, and also XEQT, which actually already paid out 5.21$, and that’s why you see that value there for April so far.
You also actually have the year over year growth of my dividends earned each month. So in 2020, I earned 5080% more than in 2019, in 2021, I earned 433% more than in 2020, obviously 2022 is showing a negative percentage so far but it will be a great year for overall dividends. I have another small little info bar showing my total portfolio gain which includes my earned dividends so basically including the 941$ you see here. You see my portfolio gain jumps to nearly 19.5% instead of the 13.43%. So you can notice the huge role our dividends play in the overall growth of the portfolio. You also see my portfolio distribution. I am currently focused on adding to our real estate position and also our XEQT position. My main goal right now is to focus on building a good base of our portfolio. I also have Canadian growth stocks as I talked about a bit before to supplement the growth of my portfolio that dividend stocks don’t usually provide. The main aspect you should and are working towards on your dividend journey is that compound interest. Over time and over your lifetime, a dividend portfolio exponentially grows from an initial position. Over time, it is not a linear graph which remains constant, but this is an exponential graph which grows more and more as time goes on. So you can see there is a great deal of potential when compound investing.
Last feature of this excel that I will showcase is the future portfolio value. As you can see here it states, “future portfolio value assuming yearly percentage growth of 8%”. The percentage can be changed to whatever you believe your portfolio is able to generate year over year. A golden rule is that the stock market on average has a 10% year over year growth. Honestly within these times, I’ll probably stick to 8% for my current predictions, but we can go ahead and see what the 10% generates. So let me set that. So our values have changed, from our initial portfolio value of around 17500$, next year according to this we will be at 19,241$. We also see that in the last year shown in the graph, which is 2032, 10 years from now, we will be at 45,369$. You can see that the graph given is starting to look like an exponential curve which is what we want and are seeking for as dividend investors, and honestly as investors in general.
Hope you guys enjoyed my Canadian dividend portfolio overview. Hope your portfolio has been good also. Please watch my previous videos on Canadian stock recommendations and let me know of any Canadian stocks you want me to look into and give my opinion on. Let me know in the comments, since I really want to expand my knowledge in the Canadian market. If you are interested in the simple minimalistic excel I used today, join my channel’s membership! I’m trying to design and add as many perks as possible. If you did enjoy this video, leaving a like really helps grow the channel! Thanks for watching, I’ll see you guys in the next video!