TSX Ex-Dividend Date + Best Dividend Stocks for 2013 Results

At the beginning of each month, I recap the dividend yield and ex dividend date of the TSX 60. In addition to this recap, I’ve decided to briefly cover the results of my Best 2013 Dividend Stock Book. This book includes 30 stocks analyses (20 US and 10 CDN) for only $2.99. So far, my results are:

20 US Dividend Stocks: +30.36% (beating my benchmark by 5.83%)

10 CDN Dividend Stocks: +16.46% (beating my benchmark by 3.49%)

TSX 60 Ex-Dividend Date

Best 2013 Dividend Stocks Results

At the beginning of the year, I made a list of Best dividend stocks for 2013 (click on the link to get my metrics and to see the list). Out of this exhaustive list, I pulled out 30 stocks to be my “favorite” picks among those lists. These are not stock recommendations and I strongly suggest you do your own analysis and read the financial statements. This book is simply a compilation of my own stock analysis for 30 stocks either held in my portfolio or appearing on my watch list.

I’ve broken down the result per market:

Best 2013 US Dividend Stocks Results +30.36% and 2.98% Dividend Yield

It has become a great challenge to beat a very bullish market. I mean, it’s one point to make money with your stock picks during such market. But it’s another to make more money than the average Joe. This is what this portfolio is doing so far in 2013 by exceeding my benchmark return by more than 5% + almost 1% in dividend yield. By the end of the year, I will probably beat my overall benchmark by about 7% in total return.

When you build a portfolio like this one, you always hope for two things; #1 you don’t want to make a big miss. #2 you wish to hit at least 1 homerun. This year, I can say I’ve hit 4 homeruns with CA, SWY, STX and WAG showing over 50% total return. 

**Please note that Heinz (HZN) stock is now in my portfolio as a reference only since it was bought earlier this year. Therefore the stock won’t pay dividends any further.

Best 2013 Canadian Dividend Stocks Results

While I didn’t have any big miss with my US stock picks, I’ve had one with EMA at -15%. I still believe the company is a good buy but this year was pretty rough. Fortunately, I’ve hit 2 homeruns with this portfolio with Andrew Peller and Black Diamond Group. My positions in the financial industry (NA, RY and POW) also paid off. Nonetheless, it is always quite a challenge to pick in the Canadian market because of its small diversification.

After the US and the Canadian market, maybe I should try out the Australian share market and see if I can make it there too! hahaha!

What if you could follow  a portfolio like this updated monthly?

I’m having fun following my best picks for the year. I’ve been doing this for the past two years and the results are quite surprising. To be honest, I didn’t expect to crush my benchmark like this for 2 years in a row. However, this way of following my portfolio is not optimal.

The thing is the market evolves very fast. I usually make my stock picks in November – December and post the selections in January. I don’t make any further modifications during the year. Therefore, if there is important financial news related to one or many stocks during the year, I can’t adjust my portfolio accordingly. This is the reason why this year’s portfolio still shows Heinz (HNZ) for example. In the real world, I could have sold HNZ several months ago and picked another stock.

This problem is being addressed with my special dividend project. This investing tool will allow me to modify my stock portfolio on a monthly basis and let you know about my trades. If you want to be updated on this project, sign-up here.

Disclaimer: I’m long NA, T, CVX, JNJ, MCD

The post TSX Ex-Dividend Date + Best Dividend Stocks for 2013 Results appeared first on The Dividend Guy Blog.