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 October. 10, 2021)
* denotes US stocks
Energy Sector:
Enbridge (ENB.TO)
TC Energy (TRP.TO)
Suncor (SU.TO)
Canadian Natural Resources (CNQ.TO)
Exxon (XOM) *
Chevron (CVX) *
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)
Brookfield Asset Management (BAM-A.TO)
Manulife (MFC.TO)
SunLife (SLF.TO)
Power Corp (POW.TO)
Visa (V) *
MasterCard (MA) *
Utility Sector:
Canadian Utilities (CU.TO)
Fortis (FTS.TO)
TransAlta Renewable (RNW.TO)
Emera (EMA.TO)
Consumer Staples Sector:
Alimentation Couche-Tard (ATD-B.TO)
Coca Cola (KO) *
PepsiCo (PEP) *
Altria (MO) *
Kimberly Clark (KMB) *
WalMart (WMT) *
Communications Sector:
Bell (BCE.TO)
Telus (T.TO)
AT&T (T) *
Verizon (VZ) *
Industrial Sector:
Canadian National Rail (CNR.TO)
Transcontinental (TCL-A.TO)
Exchange Income Fund (EIF.TO)
3M (MMM) *
Consumer Discretionary:
Intertape Polymer (ITP.TO)
Leggett & Platt (LEG) *
McDonalds (MCD) *
Home Depot (HD) *
Lowe’s (LOW) *
Starbucks (SBUX) *
Real Estate Sector:
Choice Property (CHP-UN.TO)
RioCan (REI-UN.TO)
SmartCentres (SRU-UN.TO)
Realty Income (O) *
Federal Realty Trust (FRT) *
National Retail Properties (NNN) *
VICI (VICI) *
Material Sector:
Nutrien (NTR.TO
Air Products & Chemicals (APD) *
Technology Sector:
Apple (AAPL) *
Microsoft (MSFT) *
Facebook (FB) * – Not a current dividend payer
International Business Machines (IBM) *
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.