Buying Top Quality Canadian Dividend Stocks
Back with another update on my Canadian Dividend Investing Portfolio! In this update, I buy about $550 worth of Dividend Paying Stocks from the TSX, adding to 4 of my positions. I'm trying to keep my Dividend Portfolio somewhat diversified, so I bought from one REIT, one utility, one consumer staple, and one industrial company today. All of the Stocks in my investing portfolio are Canadian, on the TSX, and pay a dividend. Currently the average dividend yield of my portfolio is around 4.5%. You can get the Dividend Tracker Google Sheet that I use in the video here.
If you are Canadian and want to start buying dividend stocks, Wealthsimple Trade is a really easy and convenient way to start putting aside some money. You can even buy one stock at a time for just a few dollars. If you have $100 to invest, you can use the link above, and they’ll add $10 your account as a bonus. Immediate 10% ROI... not bad! If you already signed up for Wealthsimple Trade, you can still claim the $10 with this code: BL5OIW
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.