Power of Dividend Growth 2011 (and beyond)

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Shakespeare
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Re: Power of Dividend Growth 2011 (and beyond)

Post by Shakespeare » 04 Oct 2017 19:21

Anybuddy want to post *their* holdings?

I'll start (portfolio basis, not equity basis):

Foreign Funds and Stocks: Securities
Brookfield Infrastructure 2.7%
Vanguard World Index 21.9%
-
Foreign Funds sub-total: 24.6%


Trusts/REITS: Securities
Canadian REIT 0.8%
RioCan REIT 0.4%
-
Trusts Total: 1.2%


Stocks: Securities
Bank of Montreal 1.6%
Bank of Nova Scotia 3.4%
BCE 2.0%
CIBC 2.4%
Canadian Utilities 1.3%
Emera 1.6%
Enbridge 1.3%
Enbridge Income Fund 1.6%
Fortis 3.0%
Royal Bank 3.3%
TD Bank 3.6%
Telus 3.0%
Trans Canada Corporation 2.1%
-
Stocks sub-total: 30.3%
-
Total Equities: 56.1%

Most of these have been held a long time.
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Re: Power of Dividend Growth 2011 (and beyond)

Post by scomac » 04 Oct 2017 19:28

OnlyMyOpinion wrote:
04 Oct 2017 19:19
scomac wrote:
04 Oct 2017 19:01
... Heinzl's first attempt...
Over the past five years, the portfolio's annual dividend income soared by 80 per cent. The total return – from dividends and share price gains – clocked in at 11.6 per cent on an annualized basis, easily topping the S&P/TSX composite index's annualized total return of 7.2 per cent over the same period.
Well then, it's settled. We should all just copy him, eh?
"On what principle is it, that when we see nothing but improvement behind us, we are to expect nothing but deterioration before us?"
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Re: Power of Dividend Growth 2011 (and beyond)

Post by Shakespeare » 04 Oct 2017 19:46

Over the past five years, the portfolio's annual dividend income soared by 80 per cent. The total return – from dividends and share price gains – clocked in at 11.6 per cent on an annualized basis, easily topping the S&P/TSX composite index's annualized total return of 7.2 per cent over the same period.
And my TFSA - which is all Canadian except for BIP-UN - has an IRR of 11.8%. In general, dividend investing outperforms in Canada - as long as you are careful about entry points.
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Re: Power of Dividend Growth 2011 (and beyond)

Post by Lazy Ninja » 04 Oct 2017 20:21

Shakespeare wrote:
04 Oct 2017 19:21
Anybuddy want to post *their* holdings?
Also on a total portfolio basis:

Foreign:

VXUS: 8.1%
Brookfield Infrastructure: 3.1%

Foreign sub-total: 11.2%


Canada:

Canadian National Rail: 4.9%
Dollarama: 3.6%
CCL Industries: 3.5%
A & W: 3.0%
Stella Jones: 3.0%
Alimentation Couche-Tard: 2.9%

Canada sub-total: 20.9%


U.S.:

Visa: 4.4%
MasterCard: 3.6%
Disney: 3.1%
Union Pacific: 2.9%
CVS: 2.8%
Starbucks: 2.6%
Nike: 2.6%

U.S. sub-total: 22.0%

Numbers are slightly out of date. The rest of my equity holdings are in two balanced funds in my group RRSP through work. That would add about 15% more equity. A little under 70% equity overall. Call it 28% Canada, 26% U.S., and 15% International.

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Re: Power of Dividend Growth 2011 (and beyond)

Post by AltaRed » 05 Oct 2017 16:34

Deleted Portfolio - not relevant to discussion
Last edited by AltaRed on 06 Oct 2017 10:45, edited 1 time in total.
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Re: Power of Dividend Growth 2011 (and beyond)

Post by nile » 05 Oct 2017 17:23

Microsoft Money Deluxe Portfolio Report
2017-10-05
Name Last price %port
SIN.UN 8.28 32.98%
XEI 21.56 10.81%
POW 1.16 31.71 6.06%
GS 0.8 18.80 4.97%
CM 4.00-3.78-3.48 109.17
EMA 1.4-1.13 47.35 4.41%
ALA 1.53-1.32 28.74 4.29%
PPL 1.68 44.26 3.43%
NA 2-1.92-1.24 60.09 3.19%
MIC 1.4-1.28-1.04 37.03 3.04%
SJR.B 1.02-.84 28.72 3.00%
CGY 1.12 32.55 2.63%
T 1.6-1.52-.95 44.88 2.47%
AFN 2.40 53.25 2.34%
RSI .36 .34 6.32 2.33%
IPL 25.85 2.25%
BMO3.04-2.9-2.8 94.43
SLF 1.44 49.69 1.93%
LB-1.96-1.56 60.31 1.71%
RY 3.64-2.52-2 96.54 1.70%
GWO 1.23 35.91 1.63%
BNS 2.64-1.96 80.20 1.42%
CIX 1.2-0.78 27.29 1.41%
PWF 1.48 34.61 1.27%
CWX 6.28 1.26%
IGM 2.05 41.94 1.24%
X 1.60- 1.52 70.50 1.24%
TRP 1.92-1.84-1.60 61.67 1.24%
CJR.B 1.02 .96 12.98 1.17%
AQN 13.19 1.12%
CSW.B 20.61 1.00%
RCI 1.58-1.16 64.34 1.00%
TD 1.88-1.57-1.22 70.25
td us index 54.78 0.81%
WJX 3.24- 2.4 20.38 0.77%
FTS 1.24-1.00 44.78 0.72%
MFC 1.04 25.31 0.68%
NPI 23.16 0.64%
TD NSDQ E RRSP 15.52
CPX 24.67 0.57%
TRI 1.3-1.24 57.25 0.55%
TD DJIA INDX E 18.83 0.41%
CU 2.36-1.94-1.49 38.75 0.34%
CMG .72-.44 9.16 0.29% ,3
VET 2.4-2.28 44.35 0.27%
AGF.B 1.04-.8 8.09 0.27%
KEY 2.58-2.16 38.14 0.17%
HSE 1.20 15.62 0.17%
TA-1.16 7.30 0.10%
ENB 2.04-1.26 52.12 0.08%
HCG 1.12-1.04-.88-.8 13.89
SU 1.12-.92-.8 43.73 0.05%
RET 0.72 4.06 0.04%
IAG 0.98 56.50 0.04%
MTL 1.2-1 17.05 0.03%
cdz 26.29 0.01%
PGF 0.84- 1.2 1.90 0.00%


holy crap thats too much
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Re: Power of Dividend Growth 2011 (and beyond)

Post by Shakespeare » 05 Oct 2017 17:32

Unless you are establishing a position (as I am in REITs), anything below 1% is noise.
“A wise man should be prepared to abandon his baggage at any time.” -- R.A. Heinlein, The Door Into Summer.

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Re: Power of Dividend Growth 2011 (and beyond)

Post by BRIAN5000 » 05 Oct 2017 18:12

Not much change in core holdings based on total portfolio which I don't use for much of anything.

1 F BMO 1.4%
2 F BNS 1.6%
3 F CM 1.1%
4 F TD 1.4%
5 F NA 1.5%
6 F RY 1.4%
7 F CWB 0.4%
8 F GS 0.3%
9 F IGM 0.5%
10 F PWF 0.5%
11 F POW 0.1%
12 F IAG 0.5%
13 F GWO 0.4%
14 F MFC 0.6%
15 F SLF 0.8%
12.6%

1 U T 1.4%
2 U TRP 1.2%
3 U FTS 1.2%
4 U TA 0.1%
5 U EMA 1.3%
6 U ENB 1.4%
7 U BCE 1.4%
8 U aqn 0.0%
9 U aco.x 0.0%
U cu 0.0%
7 8.0%

1 C RET 0.05%
2 tri 0.0%
2 C DII.B 0.3%
2 0.3%

1 M BBD-B 0.4%
2 M SNC 0.3%
3 M CNR 0.2%
4 M MG 0.4%
4 1.2%

1 R AGU 0.6%
2 R IMO 0.4%
3 R ZEO 0.6%
4 R FCX 0.1%
5 R XOM 0.4%
6 R SU 0.5%
7 R RUS 0.3%
8 R G 0.2%
8 3.1%
US
1 C MO 0.3%
2 C MRK 0.6%
3 C JNJ 0.8%
4 C KO 0.3%
5 C PG 0.4%
6 C TGT 0.2%
7 C PAYX 0.2%
8 C WMT 0.5%
9 C PFE 0.2%
9 3.7%

1 M MSFT 0.9%
2 M INTC 0.8%
3 C PM 0.6%
4 C QCOM 0.1%
5 R CVX 0.4%
6 M GE 0.3%
6 3.0%

1 X CPD 0.0%
2 X ZPR 1.6%
3 X ZRE 1.1%
4 X XRE 1.2%
5 X VYM US$ 0%
6 X VEA US$ 0.6%
7 X HR.UN 0.4%
7 X REI.UN 0.6%
8 X XEI 0.8%
9 X VT US$ 0.6%
10 X PH & N 0.1%
11 X Templeton 0.8%
12 X Trimark 0.8%
13 8.8%
1 GWO-PI 0.3%
2 PWF-PE 0.2%
3 SLF-PA 0.3%
4 4 ENB-PV us pay 0.1%
68 EQUITY 41.6%

18 GIC'S/CASH 45%
4 BOND ETF'S 13.4% All registered
100.0%
holy crap thats too much
Hopefully you feel better now or at least with company
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little bit longer and wish you would’ve sold early - this is just part of the game.” - Frank Zorilla via Abnormal Returns

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Re: Power of Dividend Growth 2011 (and beyond)

Post by scomac » 05 Oct 2017 19:39

Shakespeare wrote:
05 Oct 2017 17:32
Unless you are establishing a position (as I am in REITs), anything below 1% is noise.
For an individual investor I never understood the fascination with holding 30, 40 or 50 different stocks. Surely there has to be more than a bit of redundancy? I always felt that a stock needed to have about a 3% weighting in an equity portfolio to have a material impact upon returns. Anything less than that as you say will just end up being noise. But, I suppose some folks are emulating an index and attempting to save on fees. That may make sense if you have sufficient funds to work with, but I would think that would have to be in the tens of millions for it to be material.
"On what principle is it, that when we see nothing but improvement behind us, we are to expect nothing but deterioration before us?"
Thomas Babington Macaulay in 1830

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Re: Power of Dividend Growth 2011 (and beyond)

Post by AltaRed » 05 Oct 2017 19:54

I strive for a minimum 2% holding but that doesn't quite work in my TFSA or if I want 5 resets in my Pref holdings and I don't want prefs to exceed 5-10%. That said, I am:
- considering eliminating my perp pref and consolidating the 5 resets in my 5 year fixed reset ladder into a more staggered 4 resets over the 5 years (I've got 2 left for a minimal amount tax loss sell to swap out for 1 at some point within the next year. That will leave me with 4 resets at 6% or so portfolio weighting. I may just walk away from prefs completely within the next 5 years. Maybe fund my next car purchase.
- considering zero REITs in my TFSA and going with Mawer 104. It'll sit there until I die anyway.
- slowly eliminating my 3 legacy US stock holdings over time as I need cash. I continue to pick away at them as needed.

Simple is better.
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Re: Power of Dividend Growth 2011 (and beyond)

Post by NormR » 05 Oct 2017 20:50

Gee tough crowd around these parts.

Do I get to criticize the other portfolios. Tit for tat, and all that. :wink:

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Re: Power of Dividend Growth 2011 (and beyond)

Post by DenisD » 05 Oct 2017 21:44

scomac wrote:
05 Oct 2017 19:39
For an individual investor I never understood the fascination with holding 30, 40 or 50 different stocks.
in my case, they're not individual stocks, they're asset classes.

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Re: Power of Dividend Growth 2011 (and beyond)

Post by BRIAN5000 » 06 Oct 2017 01:24

DenisD wrote:
05 Oct 2017 21:44
scomac wrote:
05 Oct 2017 19:39
For an individual investor I never understood the fascination with holding 30, 40 or 50 different stocks.
in my case, they're not individual stocks, they're asset classes.
Mine is "dumb beta" !
“Sometimes you are going to sell early and wish you would’ve held on, other times you will hold on a
little bit longer and wish you would’ve sold early - this is just part of the game.” - Frank Zorilla via Abnormal Returns

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Re: Power of Dividend Growth 2011 (and beyond)

Post by Taggart » 06 Oct 2017 10:23

NormR wrote:
05 Oct 2017 20:50
Gee tough crowd around these parts.

Do I get to criticize the other portfolios. Tit for tat, and all that. :wink:
I've always been rooting for you from far away in the background. You just don't know it.

:)

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Re: Power of Dividend Growth 2011 (and beyond)

Post by BRIAN5000 » 06 Oct 2017 11:49

Taggart wrote:
06 Oct 2017 10:23
NormR wrote:
05 Oct 2017 20:50
Gee tough crowd around these parts.

Do I get to criticize the other portfolios. Tit for tat, and all that. :wink:
I've always been rooting for you from far away in the background. You just don't know it.

:)
yup +1 :D but my hero used to be Robert Allen so I may not count
“Sometimes you are going to sell early and wish you would’ve held on, other times you will hold on a
little bit longer and wish you would’ve sold early - this is just part of the game.” - Frank Zorilla via Abnormal Returns

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Re: Power of Dividend Growth 2011 (and beyond)

Post by NormR » 08 Oct 2017 16:38

Taggart wrote:
06 Oct 2017 10:23
NormR wrote:
05 Oct 2017 20:50
Gee tough crowd around these parts.
Do I get to criticize the other portfolios. Tit for tat, and all that. :wink:
I've always been rooting for you from far away in the background. You just don't know it. :)
Thanks! :D
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Re: Power of Dividend Growth 2011 (and beyond)

Post by NormR » 08 Oct 2017 16:38

BRIAN5000 wrote:
06 Oct 2017 11:49
Taggart wrote:
06 Oct 2017 10:23
NormR wrote:
05 Oct 2017 20:50
Gee tough crowd around these parts.
Do I get to criticize the other portfolios. Tit for tat, and all that. :wink:
I've always been rooting for you from far away in the background. You just don't know it.
:)
yup +1 :D but my hero used to be Robert Allen so I may not count
TY! :D

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Re: Power of Dividend Growth 2011 (and beyond)

Post by Taggart » 09 Oct 2017 19:04

Quite a number of British investment trusts have been around for well over a century.

"Ten out of the 26 oldest investment trusts have consecutively increased their dividends for at least 30 years."

Talk about investing for the long term: How 26 investment trusts have survived more than 100 years of market ups and downs

"Picking investments good enough to survive world wars, market crashes and life-changing inventions like electricity and motor cars is no mean feat.
That's what the 26 investment trusts established before 1914 and still around today can claim to have achieved.
We take a look back at how they managed it, what returns they delivered to shareholders, and which of the oldest companies have the most reliable dividend-paying record."

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Re: Power of Dividend Growth 2011 (and beyond)

Post by BRIAN5000 » 10 Oct 2017 16:40

scomac wrote:
05 Oct 2017 19:39
Shakespeare wrote:
05 Oct 2017 17:32
Unless you are establishing a position (as I am in REITs), anything below 1% is noise.
For an individual investor I never understood the fascination with holding 30, 40 or 50 different stocks. Surely there has to be more than a bit of redundancy? I always felt that a stock needed to have about a 3% weighting in an equity portfolio to have a material impact upon returns. Anything less than that as you say will just end up being noise. But, I suppose some folks are emulating an index and attempting to save on fees. That may make sense if you have sufficient funds to work with, but I would think that would have to be in the tens of millions for it to be material.
Have a look at Mawer Canadian Equity Fund Profile, top 25 range from 2% to 5% with a total of 44 stocks the rest are all below 2%. I quick look at their holdings has four banks in the top 25 to lazy to see if the CM and NA are in the remainder. Good enough for them good enough for me. Referring to the bank's other reasons unrelated to indexing I'm sure you're aware of, capital gain segmenting, buying the "best" value at the moment and treating each individual stock as part of a larger sector allocation. If I was to add to a bank looks like CM would be my choice at the moment, one I hold least of best dividend.

Maybe someone could tell me what percent the Royal bank is of MAW104?
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little bit longer and wish you would’ve sold early - this is just part of the game.” - Frank Zorilla via Abnormal Returns

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Re: Power of Dividend Growth 2011 (and beyond)

Post by AltaRed » 10 Oct 2017 16:53

Brian, it is not relevant how much RY is of MAW104. MAW104 is a mix of 7 MAW funds (to be global balanced).

As for comparing a personal portfolio to a fund of $3B or so in assets of 50 stocks doesn't mean a $1-2 million personal portfolio should have 50 stocks. The fund manager has a cast of staff to research ideas, run analyses, etc. Surely, you really have to be kidding?
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Re: Power of Dividend Growth 2011 (and beyond)

Post by Taggart » 10 Oct 2017 17:16

I remember that Walter Schloss and his son Edwin used to have around a 100 equities in their portfolio. Certainly didn't hurt their performance, at around 20% compounded over many years. I have near thirty in my own portfolio. I would probably have more if I could, but I'm limited as to the number of equities that interest me here in Canada. Some sectors I have too many choices i.e. financials, while other sectors I just can't find enough.

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Re: Power of Dividend Growth 2011 (and beyond)

Post by AltaRed » 10 Oct 2017 17:42

I really can't imagine keeping track of and managing more than 25 or so. I am over that when I count my "5 yr pref" ladder and REITs in my TFSA but I aim to fix that pretty soon (likely going to 100% MAW104 in my TFSA - which I would then add to annually and simply let it grow until my executor has to deal with it).
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Re: Power of Dividend Growth 2011 (and beyond)

Post by BRIAN5000 » 11 Oct 2017 11:42

AltaRed wrote:
10 Oct 2017 16:53
Brian, it is not relevant how much RY is of MAW104. MAW104 is a mix of 7 MAW funds (to be global balanced).

As for comparing a personal portfolio to a fund of $3B or so in assets of 50 stocks doesn't mean a $1-2 million personal portfolio should have 50 stocks. The fund manager has a cast of staff to research ideas, run analyses, etc. Surely, you really have to be kidding?
Well I think the amount of RY is relevant, I'd like to know if they are just tracking the TSX or not with "some" of their weightings, I see they are about 36% financial.

I was referring to the percentage in each stock if 25 are 2% or above means 19 are below 2%.

JMO tracking equity percentage separate from fixed income gives people a better idea of holdings, just like MAW104 tracks it separate.

20-30 Canadian and 10-20 US (to balance sectors) with a few traders thrown in and a few Etf's is just fine with me. The more stocks I have the more its like an index the less I have to watch. I have a universe of about 115 stocks made up minus duplicates from XIU (60), DIA(30) and 72 from the investment reporter and another can't remember how many from the Successful investor maybe (30), it's a piece of crap but works for me at the moment. Some people don't worry about a $20,000 position that's fine if I can make 20% on a few little trades a few times a year I'm happy, lot of work for a few bucks I guess.
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Re: Power of Dividend Growth 2011 (and beyond)

Post by AltaRed » 11 Oct 2017 12:00

BRIAN5000 wrote:
11 Oct 2017 11:42
Well I think the amount of RY is relevant, I'd like to know if they are just tracking the TSX or not with "some" of their weightings, I see they are about 36% financial.
Brian, MAW104 is made up of 7 different mutual funds, only one of them which is Canadian equity (currently 14.5%). The amount of RY in MAW104 is going to vary every time Mawer varies the percentage of Cdn equity in MAW104. Maybe you are interested in the percentage of RY in Mawer's Canadian Equity fund MAW106 specifically. From http://www.mawer.com/our-funds/fund-pro ... uity-fund/ it says 5%.
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Re: Power of Dividend Growth 2011 (and beyond)

Post by BRIAN5000 » 11 Oct 2017 12:08

AltaRed wrote:
11 Oct 2017 12:00
BRIAN5000 wrote:
11 Oct 2017 11:42
Well I think the amount of RY is relevant, I'd like to know if they are just tracking the TSX or not with "some" of their weightings, I see they are about 36% financial.
Brian, MAW104 is made up of 7 different mutual funds, only one of them which is Canadian equity (currently 14.5%). The amount of RY in MAW104 is going to vary every time Mawer varies the percentage of Cdn equity in MAW104. Maybe you are interested in the percentage of RY in Mawer's Canadian Equity fund MAW106 specifically. From http://www.mawer.com/our-funds/fund-pro ... uity-fund/ it says 5%.
Yes I know this, you're missing my minor pointless point. Do we not have all balance funds of some sort equity & some fixed income(except for the 100%er's)? Yet everyone is reporting percent equity on whole portfolio unlike MAW104 why is that?

Not that it matters a whole lot but if someone says they have 5% of Royal on their equity side that tells me more than 3% of total portfolio. I also think it's than scalable to different portfolio sizes and AA differences, more useful?
“Sometimes you are going to sell early and wish you would’ve held on, other times you will hold on a
little bit longer and wish you would’ve sold early - this is just part of the game.” - Frank Zorilla via Abnormal Returns

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