Our goal with this portfolio is to generate enough income to one day be able to live off of our dividends without the need for a full time job, thus making our working lives optional.
We’re planning to achieve this goal by buying strong, stable companies with extensive histories in paying reliable dividends and even growing their payouts year over year, thus insulating us from the risks of inflation.
We like to play to the strengths of the Canadian market and load up on things like Canadian banks, utilities and energy stocks and then diversify into the US market in sectors where the Canadian market doesn’t keep up like Technology, Consumer Staples, Consumer Discretionary and Healthcare.
Below we’ll take a look at all of our holdings broken down by sector and country.
OUR DIVIDEND STOCK PORTFOLIO:
(Last updated August. 12, 2021)
* denotes US stocks
Energy Sector:
Enbridge (ENB.TO)
TC Energy (TRP.TO)
Canadian Natural Resources (CNQ.TO)
Financial Sector:
CIBC (CM.TO)
ScotiaBank (BNS.TO)
Toronto Dominion (TD.TO)
Royal Bank (RY.TO)
Bank of Montreal (BMO.TO)
National Bank (NA.TO)
Manulife (MFC.TO)
SunLife (SLF.TO)
Power Corp (POW.TO)
Utility Sector:
Canadian Utilities (CU.TO)
Fortis (FTS.TO)
Emera (EMA.TO)
Consumer Staples Sector:
Coca Cola (KO) *
PepsiCo (PEP) *
Altria (MO) *
British American Tobacco (BTI)*
Kimberly Clark (KMB) *
Communications Sector:
Bell (BCE.TO)
Telus (T.TO)
Industrial Sector:
3M (MMM) *
Consumer Discretionary:
McDonalds (MCD) *
Starbucks (SBUX) *
Real Estate Sector:
Realty Income (O) *
VICI (VICI) *
Technology Sector:
Meta (META) * – Not a current dividend payer
Healthcare Sector:
Johnson & Johnson (JNJ) *
Abbvie (ABBV) *
Pfizer (PFE) *
If you’ve got any questions or feedback for us contact us on our social medias or leave a comment below:
INSTAGRAM: FindependenceCanada
TWITTER: FindependenceC1
Thanks for stopping by,
FIC.
Disclaimer: These are merely our current holdings and are subject to change. We are not investment professionals and these stocks are not meant to be recommendations, please consult with a professional before investing.