Canadian Monthly Dividend Stocks
In today's update of my Canadian Dividend Investing Portfolio, I buy more into two utility companies, and also a REIT. I was always averaging into Shaw Communications SJR.B but with the recent news that Rogers intends to buy them out, their monthly dividend will possible become a thing of the past. I'm not complaining though! That was a big surprise boost to my portfolio, considering that their stock price just kept falling before. So I'll be looking for monthly dividends to eventually replace them, and Northland Power NPI is a great choice, as well as several REITs for their monthly distributions. You can get the Dividend Tracker Google Sheet that I use in the video here.
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Disclaimer: I am not a financial professional or advisor. Nothing on this website or the associated social media accounts constitutes financial advice. I'm just documenting my own investing journey and don't suggest that you do the same. Investing is risky, so make your own decisions or hire a qualified professional make them for you.
I'm documenting the growth of a Canadian dividend investing portfolio and make videos about dividend investing, Canadian stocks, Wealthsimple Trade, Google Sheets, personal finance, and passive income.