TSX60 Ex Dividend Date + Best 2014 Dividend Stocks Update

Before we go with the TSX60 Ex Dividend Date; I wanted to tell you that I was interviewed by Mint! you can read the article here.

 

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

TickerNamePriceDividend YieldPayout RatioEx-Dvd
PWTPenn West Petroleum Ltd8.36.75N/A9/24/2014
CPGCrescent Point Energy Corp44.556.2746.549/26/2014
COSCanadian Oil Sands Ltd22.86.1481.2911/21/2014
TATransAlta Corp12.375.82N/A11/28/2014
BCEBCE Inc49.195.0291.5209/11/2014
ERFEnerplus Corp23.914.52452.0309/03/2014
RCI/BRogers Communications Inc44.374.1253.6909/10/2014
SJR/BShaw Communications Inc27.583.9961.5809/11/2014
POTPotash Corp of Saskatchewan Inc38.23.964.4210/14/2014
ARXARC Resources Ltd30.733.9155.389/26/2014
CMCanadian Imperial Bank of Commerce/Canada104.773.8244.499/25/2014
TTELUS Corp39.923.8167.2609/08/2014
FTSFortis Inc/Canada33.583.8178.3810/22/2014
RYRoyal Bank of Canada81.143.745.210/23/2014
BMOBank of Montreal84.623.6946.8610/30/2014
TCK/BTeck Resources Ltd24.463.6853.912/10/2014
HSEHusky Energy Inc32.833.6664.9611/25/2014
NANational Bank of Canada52.533.6638.369/23/2014
BNSBank of Nova Scotia/The72.273.6546.0610/03/2014
POWPower Corp of Canada323.6354.6309/05/2014
SLFSun Life Financial Inc40.893.5250.8611/24/2014
TRIThomson Reuters Corp41.443.49848.0311/21/2014
PPLPembina Pipeline Corp51.463.38147.359/24/2014
TDToronto-Dominion Bank/The57.33.2846.7210/01/2014
TRPTransCanada Corp59.143.2575.999/26/2014
AGUAgrium Inc103.123.1734.019/26/2014
CVECenovus Energy Inc34.083.12110.5709/11/2014
MFCManulife Financial Corp22.172.831.9611/14/2014
BBD/BBombardier Inc3.652.7432.5209/10/2014
TLMTalisman Energy Inc10.862.71N/A09/11/2014
SUSuncor Energy Inc43.672.5628.0211/27/2014
ENBEnbridge Inc54.952.55236.1511/12/2014
GGoldcorp Inc29.242.25N/A9/16/2014
CNQCanadian Natural Resources Ltd46.171.9527.5809/10/2014
WNGeorge Weston Ltd86.471.9436.2509/11/2014
CCOCameco Corp21.031.949.669/26/2014
YRIYamana Gold Inc91.82N/A9/26/2014
LLoblaw Cos Ltd54.51.841.9409/11/2014
CTC/ACanadian Tire Corp Ltd112.741.7721.3810/29/2014
SNCSNC-Lavalin Group Inc55.891.72389.7811/14/2014
MRUMetro Inc70.671.712.9410/29/2014
SAPSaputo Inc65.521.5932.8912/04/2014
THITim Hortons Inc89.221.4336.811/28/2014
MGMagna International Inc123.361.3418.1911/26/2014
BAM/ABrookfield Asset Management Inc52.251.3318.4111/26/2014
CNRCanadian National Railway Co79.11.2627.7209/05/2014
ECAEncana Corp24.751.23209.3209/11/2014
ABXBarrick Gold Corp19.521.12N/A11/26/2014
SLWSilver Wheaton Corp26.650.9942.6111/19/2014
IMOImperial Oil Ltd56.780.9214.6711/26/2014
AEMAgnico Eagle Mines Ltd40.30.86N/A11/28/2014
GILGildan Activewear Inc61.70.7713.6612/09/2014
CPCanadian Pacific Railway Ltd222.880.6328.119/24/2014
FMFirst Quantum Minerals Ltd24.040.4221.134/15/2015
ELDEldorado Gold Corp8.630.23N/A02/04/2015
VRXValeant Pharmaceuticals International Inc131.200N/A
KKinross Gold Corp4.22009/17/2014
BBBlackBerry Ltd11.4200N/A
CCTCatamaran Corp51.8700N/A
GIB/ACGI Group Inc39.2200N/A