I’m taking a quick pause in my new investing series about how to build an investment strategy (read part 1 and part2) to publish my stock pick returns as at March 31st and the usual TSX60 dividend yield and ex-dividend date chart. After a full quarter, I’m already taking a step ahead of both US and CDN benchmarks. Lets check how I beat both benchmarks by more than 1%.

PSST! If you are curious to know how I keep beating the market with dividend stocks for the past 3 years, check out my new website!

 

Best 2014 Dividend Stock Pick Returns

 

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 benchmarks. I keep track of my results for accountability purposes. I find that too many analysts and blogs just drop the ball on their picks when they are not so 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)

 

You can also buy my 2014 Best Dividend Stock Picks for Kindle ( on Amazon) to get the full analysis:

 

2014 book cover

 

2014 Best US Dividend Stocks: +2.76% vs -0.01% (VIG)

top US dividend stocks

13 stocks out of 20 beat my benchmark. This is a 65% ratio… not bad, but not incredible either. However, I have 4 stocks (ALF, APPL, XOM, WMT) that could easily come back to life with some good news. After a quarter, I’m adding almost 3% to the benchmark which is a pretty solid performance.  My portfolio dividend yield is also 1% higher than VIG.

 

What I can see is that consumer (staple or discretionary) stocks like Clorox (CLX), Mattel (MAT), Philip Morris (PM) and Wal-Mart (WMT) have had a rough start this year. In fact, if I look closer at my portfolio, I can also add that PepsiCo (PEP), McDonald’s (MCD), Hasbro (HAS) are beating the benchmark, but lagging the overall stock market. They show a YTD performance of 0.68%, 1.03% and 1.11% respectively.

 

Its only normal that dividend stocks lag a bull market. Last year, dividend stocks were almost entering bubble territory since the market was hungry for revenue. The year-end results weren’t as high as expected by the market and this is why dividend stocks were penalized more than other stocks. Nonetheless, the overall return including dividends is still pretty good, even compared to the global market.

 

2014 Best CDN Dividend Stocks: +2.66% vs 1.23% (XDV)

top canadian dividend stocks

I’m offering another solid performance in the Canadian market by adding 1.43% in value to the benchmark. For this portfolio, only 50% of my stocks beat the benchmark. This is not exactly a good batting average as this could have resulted in lagging behind the index. I was *lucky* to pick Black Diamond Group (BDI) and Gluskin Sheff (GS) boosting my results through the roof with a +14.16% and +24.23% YTD performance.

 

I was expecting a more solid performance from Chorus that is evolving in a profitable market and shows strong fundamentals. Banks (BNS and RY) are not rising quickly during the first quarter and ScotiaBank has been hit by bad results from its Latin American branch results. I made another bet on consumers again with Dorel (DII.B) and North West Company (NWC) but they are also lagging due to deceiving results. Lassonde (LAS.A) is saving the consumer group with a good performance so far… but the dividend yield is anemic.

 

Still, I was able to beat both benchmarks after three months and looking forward to the next quarter with enthusiasm!

 

TSX60 Ex-Dividend Date & Dividend Yield

 

Ticker
Name
Price
Dividend Yield
Payout Ratio
Ex-DVD Date
CPGCrescent Point Energy Corp40.356.84746.544/28/2014
PWTPenn West Petroleum Ltd9.246.06N/A6/25/2014
COSCanadian Oil Sands Ltd23.196.0481.295/21/2014
TATransAlta Corp12.845.61N/A5/28/2014
BCEBCE Inc47.625.1991.526/13/2014
ERFEnerplus Corp22.14.89452.0341674
SJR/BShaw Communications Inc26.44.1761.5841947
NANational Bank of Canada44.34.1538.366/24/2014
CMCanadian Imperial Bank of Commerce/Canada95.254.1244.496/25/2014
BMOBank of Montreal73.964.1146.864/29/2014
FTSFortis Inc/Canada31.524.0678.385/14/2014
BNSBank of Nova Scotia64.03446.0641736
RCI/BRogers Communications Inc45.813.9953.6941949
ARXARC Resources Ltd30.453.94155.384/28/2014
RYRoyal Bank of Canada72.893.945.24/22/2014
TRIThomson Reuters Corp37.793.88848.035/23/2014
POTPotash Corp of Saskatchewan Inc39.993.8764.4241855
POWPower Corp of Canada30.223.8464.1841796
TRPTransCanada Corp50.253.8275.996/27/2014
TCK/BTeck Resources Ltd23.863.77N/A41949
SLFSun Life Financial Inc38.283.7650.865/26/2014
TTELUS Corp39.633.6367.2641735
TDToronto-Dominion Bank/The51.833.6346.7241643
HSEHusky Energy Inc33.163.6264.965/20/2014
CVECenovus Energy Inc31.973.33110.5741949
AGUAgrium Inc107.733.0834.016/27/2014
ENBEnbridge Inc50.212.79234.165/13/2014
TLMTalisman Energy Inc11.022.69N/A41765
GGoldcorp Inc26.972.47N/A4/15/2014
BBD/BBombardier Inc4.112.4732.5241949
MFCManulife Financial Corp21.322.4431.9641887
SUSuncor Energy Inc38.612.3828.025/29/2014
CNQCanadian Natural Resources Ltd42.372.1227.5841949
THITim Hortons Inc61.142.0936.85/22/2014
LLoblaw Cos Ltd46.92.0541.9441949
WNGeorge Weston Ltd82.342.0236.2541949
SNCSNC-Lavalin Group Inc48.341.99389.785/16/2014
BAM/ABrookfield Asset Management Inc45.031.9818.384/29/2014
SCShoppers Drug Mart Corp60.831.8728.66/25/2014
MRUMetro Inc64.91.8512.945/14/2014
YRIYamana Gold Inc9.681.71N/A6/25/2014
CTC/ACanadian Tire Corp Ltd104.231.6821.384/28/2014
SAPSaputo Inc55.691.6533.5441919
CNRCanadian National Railway Co62.111.6127.7241735
MGMagna International Inc106.281.5918.195/28/2014
CCOCameco Corp25.311.5849.666/25/2014
ECAEncana Corp23.611.32209.3241949
SLWSilver Wheaton Corp25.081.2342.6141674
ABXBarrick Gold Corp19.681.13N/A5/28/2014
AEMAgnico Eagle Mines Ltd33.471.0656.185/28/2014
IMOImperial Oil Ltd51.481.0114.675/28/2014
FMFirst Quantum Minerals Ltd20.430.9121.1341916
GILGildan Activewear Inc55.710.8513.665/13/2014
CPCanadian Pacific Railway Ltd165.650.8528.116/25/2014
ELDEldorado Gold Corp6.150.3333.8541981
VRXValeant Pharmaceuticals International Inc145.4400N/A
KKinross Gold Corp4.57009/17/2014
BBBlackBerry Ltd8.9500N/A
CCTCatamaran Corp49.4600N/A
GIB/ACGI Group Inc34.1300N/A
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1 Comment   |  

1 Comment

April 12, 2014, 6:28 pm

[…] Best 2014 Dividend stocks Returns & TSX60 Ex Dividend Date Mike updated us on how his stock picks for 2014 are going, and so far he’s beating his benchmark (VIG) handily. In addition, his picks offer a lot more income than the fund does. He also goes through some upcoming ex-dividend dates for the TSX60. […]

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