Sunday, October 9, 2016

DRIP Report (On Hold)

Since approximately April/May 2016 the majority of DRIPs in my primary portfolio were ceased. I was starting to get close to buy a property and needed the cashflow. While the property deal did not go through it has been uncertain whether another opportunity would open up. As such DRIP Report is on hold.

Certain DRIPs will remain such as those in my secondary portfolio and the Registered accounts TFSA/RRSP.

Currently:

CAR.UN 2% DRIP discount makes this worthwhile. Although rate hike fears and Canadian mortgage changes adds some uncertainty to it and similar REITs.

GWO letting it ride. Eventually, I add it to the 1K club via Secured Put or straight equity buy.

ENB.PR.T deep underwater on this one. I'll keep adding it to average down, income, and eventually in the unknown future it may be redeemed by Enbridge.

BCE.PR.H deep underwater on this one. Same reasons as above, but a rate increase could benefit the Prime Rate.

YRI on DRIP, but barely makes enough to purchase a share.

G on DRIP, but doesn't make enough to purchase a share.

AP.UN on DRIP, but does not make enough to purchase a share.

IIP.UN 4% DRIP discount makes this worthwhile. Same issue with rate hike fears and Canadian mortgage changes.

BBD.PR.B deep underwater. Same reasons as BCE.PR.H.

FIE letting it ride.

DIV 3% DRIP discount, but my secondary portfolio is within a brokerage that does not provide the discount. Deep underwater.

GRC a write off at this point. Continuing the DRIP to average down.

AXY new addition.

TWM new addition.

MTL new addition. doesn't make enough to purchase a share.

HSE Dividend continues to be suspended.

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