Dividend Income: April 2022

The turbulence in the market continues and there is nothing predictable considering the world events and the recent interest rate increase.

The above paragraph is from my February 2022 update, and for some reason, I missed doing my March update but you have my April 2022 update now.

The market correction, or instability, couldn’t be any more pronounced now. In times like this, I like to listen to what Jim Cramer has to say. In a recent Mad Money episode, he talked about the markets and he referenced one person that asked him the following:

• Did you do your research?
• Do you have conviction in your picks?

With a yes for both, that person went and bought more of those holdings.

If you want to understand the market craziness, follow the VIX. The higher it gets, the more exuberant it is. It’s like a drunk uncle at a family gathering. All over the place and incoherent :/

Stay true to your dividend investing strategy and don’t be your worst enemy.

Stock Trades

Aside from my company RRSP contribution, I have only invested $12,000 so far since January 2021. My portfolio was up $400K in 2021 and now it’s down $100K as of last weekend.

How do you look at this? Up $300K or down $100K? While I track the information, I focus on my annual rate or return.

You can see the growth is not always a straight line but 2021 was just spectacular. Everyone was making money. Now the real investors are going to be tested.

Since I have not added any money in 2022 so far, all my trades are from dividends or from selling existing holdings.

In my TFSA, I have sold XQQ ETF and put the money in Canadian National Railway

In my non-registered account, I added to my Algonquin Power & Utilities Corp from the dividend earned in April.

With my Activision strategy, I am now in the company of Warren Buffett doing the same and holding ATVI until the acquisition is complete for a 15% profit. Warren Buffett just increased his holdings to 9.5% of the company.

Portfolio Management

The ratios of my sector and industry diversification are pretty similar from month to month in general. It shows the markets are moving all sectors together.

My strategy for my non-registered account is to invest in current holdings and select the holding with the highest yield with an attractive 5-year yield. It’s a metric from the Dividend Snapshot Screener.

Dividend Income

My April 2022 dividend income is $1,124. The power of dividends at work!

I am making my non-registered account a retirement income account now while keeping the other accounts as dividend growth until I get closer to retirement.

That account now generates close to $12K in dividends per year with a yield of 3.84%. I am hoping to get it close to 4.5% with time and newly invested money.