TSX60 Ex Dividend Date + Best 2014 Dividend Stocks Update

 

I started this “tradition” on my blog in 2012. The goal is to pick 20 US and 10 CDN dividend stocks that I think will outperform their peers. This is the reason why I use VIG and XDV as my benchmarks. I keep track of my results for accountability purposes as I find that too many analysts and blogs just drop the ball on their picks when they are not that great. By posting monthly results, I have no other choice but to face my performance and explain it. You can look at my previous picks and returns:

 

Best Dividend Stock Picks 2012 (-1.47% vs VIG (US dividend ETF), + 8.32% vs XDV (CDN dividend ETF)

Best Dividend Stock Picks 2013 (+11.07% vs VIG, + 0.77% vs XDV)

My 2014 Best Dividend Stock Pick is for sale on Amazon.

 

Top US Dividend Picks 4.46% (vs VIG at 3.93%)

The recent financial results hurt the US market in July & August and my portfolio was no exception. While I’m still beating my benchmark by 0.53% and its dividend yield by 1.12%, it’s not much compared to the S&P 500 with a ytd return of 8.08%. This is why you have to pick dividend investing for the long run and not for the short term.

Poor results from Aflac (AFL), McDonald’s (MCD), Exxon Mobil (XOM) and Mattel (MAT) pushed these stocks lower. I can understand the impatience aimed at MCD as it has struggled to post growth for about two years now.  Exxon Mobil ran into expenses and Mattel seems to have lost its touch for great toys. Aflac is still struggling with a strong US dollar as most of their business is coming from Japan.

On the other hand, PepsiCo (PEP), Lockheed Martin (LMT) and Apple (AAPL) are driving my portfolio higher with better than expected earnings. Of these three companies, I own positions in two personally (LMT and AAPL), you can tell I’m smiling right now. Apple is probably is a good buy right now since it has dropped by over 3% last week due to all those celebs pics stolen from iCloud. Between you and me, do you think your Google Drive is safer than your iCloud?

Best 2014 US dividend stocks

Top Canadian Dividend Stocks + 5.28% (vs XDV at 8.88%)

Right now, I’m seriously lagging behind my benchmark and the reason why is obvious; I hold too many losers in my portfolio. Black Diamond (BDI) which was one of my top performers recently dropped 13.24% in July. Results were only going to be live on August 12th after the market, why has the stock plummeted in July? Call it bipolarity! This should make a good entry point for this company now paying a 3.25% dividend yield (monthly!). The stock didn’t move much after record second quarter and a dividend increase. The P/E ratio is now back to a more “normal” situation under 24. This is definitely a good buy occasion.

Telecoms were hit by the obvious; the Gov’t doesn’t want them to play alone in the mobile industry. This is why Telus (T) dropped by almost 2% in July and Rogers (RCI.B) kept dragging by another 3%.

Finally, Lassonde (LAS.A) took BDI’s place in the big portfolio winners with the recent purchase of the American Apple & Eve. The stock surged by 24% in July, helping my stocks to be close to the benchmark. A 2% difference with ten stocks can easily be caught back up with a good third quarter.

The other problem I see with my benchmark is that 54% of their holdings are in Bank. Since they did well so far and I hold only 20% among my 10 picks, it is very hard to compete this year. Still, I hold too many losers and this is the main reason I’m lagging behind…

 best canadian dividend stocks 2014

S&P TSX 60 DIVIDEND YIELD AND EX DIVIDEND DATE

Ticker
Name
Price
Dividend Yield
Payout Ratio
Ex-Dvd
PWT Penn West Petroleum Ltd 8.3 6.75 N/A 9/24/2014
CPG Crescent Point Energy Corp 44.55 6.2 746.54 9/26/2014
COS Canadian Oil Sands Ltd 22.8 6.14 81.29 11/21/2014
TA TransAlta Corp 12.37 5.82 N/A 11/28/2014
BCE BCE Inc 49.19 5.02 91.52 09/11/2014
ERF Enerplus Corp 23.91 4.52 452.03 09/03/2014
RCI/B Rogers Communications Inc 44.37 4.12 53.69 09/10/2014
SJR/B Shaw Communications Inc 27.58 3.99 61.58 09/11/2014
POT Potash Corp of Saskatchewan Inc 38.2 3.9 64.42 10/14/2014
ARX ARC Resources Ltd 30.73 3.9 155.38 9/26/2014
CM Canadian Imperial Bank of Commerce/Canada 104.77 3.82 44.49 9/25/2014
T TELUS Corp 39.92 3.81 67.26 09/08/2014
FTS Fortis Inc/Canada 33.58 3.81 78.38 10/22/2014
RY Royal Bank of Canada 81.14 3.7 45.2 10/23/2014
BMO Bank of Montreal 84.62 3.69 46.86 10/30/2014
TCK/B Teck Resources Ltd 24.46 3.68 53.9 12/10/2014
HSE Husky Energy Inc 32.83 3.66 64.96 11/25/2014
NA National Bank of Canada 52.53 3.66 38.36 9/23/2014
BNS Bank of Nova Scotia/The 72.27 3.65 46.06 10/03/2014
POW Power Corp of Canada 32 3.63 54.63 09/05/2014
SLF Sun Life Financial Inc 40.89 3.52 50.86 11/24/2014
TRI Thomson Reuters Corp 41.44 3.49 848.03 11/21/2014
PPL Pembina Pipeline Corp 51.46 3.38 147.35 9/24/2014
TD Toronto-Dominion Bank/The 57.3 3.28 46.72 10/01/2014
TRP TransCanada Corp 59.14 3.25 75.99 9/26/2014
AGU Agrium Inc 103.12 3.17 34.01 9/26/2014
CVE Cenovus Energy Inc 34.08 3.12 110.57 09/11/2014
MFC Manulife Financial Corp 22.17 2.8 31.96 11/14/2014
BBD/B Bombardier Inc 3.65 2.74 32.52 09/10/2014
TLM Talisman Energy Inc 10.86 2.71 N/A 09/11/2014
SU Suncor Energy Inc 43.67 2.56 28.02 11/27/2014
ENB Enbridge Inc 54.95 2.55 236.15 11/12/2014
G Goldcorp Inc 29.24 2.25 N/A 9/16/2014
CNQ Canadian Natural Resources Ltd 46.17 1.95 27.58 09/10/2014
WN George Weston Ltd 86.47 1.94 36.25 09/11/2014
CCO Cameco Corp 21.03 1.9 49.66 9/26/2014
YRI Yamana Gold Inc 9 1.82 N/A 9/26/2014
L Loblaw Cos Ltd 54.5 1.8 41.94 09/11/2014
CTC/A Canadian Tire Corp Ltd 112.74 1.77 21.38 10/29/2014
SNC SNC-Lavalin Group Inc 55.89 1.72 389.78 11/14/2014
MRU Metro Inc 70.67 1.7 12.94 10/29/2014
SAP Saputo Inc 65.52 1.59 32.89 12/04/2014
THI Tim Hortons Inc 89.22 1.43 36.8 11/28/2014
MG Magna International Inc 123.36 1.34 18.19 11/26/2014
BAM/A Brookfield Asset Management Inc 52.25 1.33 18.41 11/26/2014
CNR Canadian National Railway Co 79.1 1.26 27.72 09/05/2014
ECA Encana Corp 24.75 1.23 209.32 09/11/2014
ABX Barrick Gold Corp 19.52 1.12 N/A 11/26/2014
SLW Silver Wheaton Corp 26.65 0.99 42.61 11/19/2014
IMO Imperial Oil Ltd 56.78 0.92 14.67 11/26/2014
AEM Agnico Eagle Mines Ltd 40.3 0.86 N/A 11/28/2014
GIL Gildan Activewear Inc 61.7 0.77 13.66 12/09/2014
CP Canadian Pacific Railway Ltd 222.88 0.63 28.11 9/24/2014
FM First Quantum Minerals Ltd 24.04 0.42 21.13 4/15/2015
ELD Eldorado Gold Corp 8.63 0.23 N/A 02/04/2015
VRX Valeant Pharmaceuticals International Inc 131.2 0 0 N/A
K Kinross Gold Corp 4.22 0 0 9/17/2014
BB BlackBerry Ltd 11.42 0 0 N/A
CCT Catamaran Corp 51.87 0 0 N/A
GIB/A CGI Group Inc 39.22 0 0 N/A

Leave a Reply

*