At the beginning of the year, I selected HP to be one of my best 2014 dividend stocks. Not long afterwards, I added HP to my portfolio. The company shows great metrics and meets all my minimum requirements in terms of revenue, EPS and dividend growth over the past 3 and 5 years.


    This year’s quarterly results continue to show strong growth and the future of the company looks bright. While the past two quarters were slightly under analysts’ expectations, Q2 was a record period for the company.


    However, the stock is on a major downtrend for the past two months. It seems HP isn’t in investors good grace anymore but I can’t really see why.





    So here’s my question; why do you think HP is down lately? Is it a great buying opportunity or am I missing something?


    I’m looking forward to reading your answers!



    disclaimer: I hold HP in my portfolio and it is also part of some of our DividendStocksRock portfolios

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  • 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


    Dividend Yield
    Payout Ratio
    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
    3 Comments   |   Read more >


    Before going on vacation, I wrote a piece about retiring at the age of 35. When I wrote this post (it was end of July), it was simply a crazy idea: I would sell everything, buy an RV and go with my family on a never-ending trip. This is definitely in the line of ERE (Early Retirement Extreme) and would require several sacrifices.


    This post generated several comments and I thought I would continue my thinking out loud with you on this blog. After all, maybe I had this idea due to being over worked and after two weeks of vacation, I would change my mind and hop back into my comfy home and go to work with a smile. But this is exactly the problem; why do we have to wait for thee two darn weeks to recharge?


    What’s the Point of Retiring at 35 and What it Means


    I didn’t use a provoking title of retiring at 35 just to catch your attention. And I don’t intend on retiring as most people might imagine retirement. My goal is not to sit back on a rocking chair on the front porch at the age of 35. It is not also to chill out and stop working. I really want to retire from “The Matrix”. I don’t know if you recall this movie, but the story is about machines taking over the world and putting all human beings in a virtual world that looks like exactly like today. Humans are dormant and live their life without asking any question. I feel we pretty much all do the same; wake up in the morning, workout for the most courageous (I’m not always part of this group!), go to work, have supper, rinse & repeat until the weekend or go on vacation.


    I’ve been against this lifestyle since the age of 28. This was the first year when I made a 6 figure income and realized that my life outside work was more important. I started to work 4 days a week (and still am) to benefit from more free time. At the moment, I’m not like many individuals who hate their job and want to quit to escape their reality. In fact, here’s a few tips:


    #1 I like my job and I’m good at it

    #2 I’m not under too much pressure and work about 35 hours/week

    #3 I live a happy married life and my kids are super fine at school


    So really, why do I want to quit all this? The short answer is: because it’s boring. I don’t feel that I’m alive right now. You can call this mid-life crisis (mind you, I’m only 33! Hahaha) but I think I’ve decided to swallow the blue pill and wake up out of the Matrix. I want to move around, create something, feel alive, do something different than everybody does because this is the way it goes.


    The RV Plan Revisited


    At first, the idea of selling everything to drop my lifestyle and live in an RV sounded very promising. After further thought and discussion with my wife, we decided to modify this plan a little bit.


    It is obvious our kids will need stability at one point in time. We can’t really drive them across America without a solid home base. This is why we decided to make a few modifications to the original “retire by 35” plan.


    We will sell everything and buy a RV. Renting my house seems complicated and wouldn’t allow me to buy an RV. The first goal around this plan is to be debt free and I can’t do it without selling my house. Plus, I have started to find my house a little too big for our needs (which we all create in our minds anyways, right?).


    We will start with a one year trip. This is the big modification; we are thinking of doing all of Canada, the US West coast, then Mexico and finish up with 2-3 months in Costa Rica. Then, we expect to come back through the US East coast and finish with the Maritimes to come back to our place 12 months after we left.


    This should give me enough time to build a real business with Dividend Stocks Rock. I launched my investing platform back in December 2013 and the potential is enormous. So far, I’ve seen very interesting growth and can definitely see DSR paying my bills if I work hard enough on it. Just do the math; it’s $14.95 per month, if you reach 1,000 member mark you make…. Right away over 100K per year. This is even more than what I’m making. I currently get about 20 to 30 new members per month while working on this site part time. I just imagine how many new members I can get if I work on it 30 hrs a week!


    The thing is I can’t find out unless I sell everything. And if I sell everything, might as well use this “excuse” to have a new start, increasing the bond within my family and go learn about the “real world” instead of simply waking-up, going to work, heading back home and waiting for the weekend!


    I Hope to Come Back 12 Months Later Still Financially Free


    Once we arrive home, I am thinking of buying a smaller home, living on a smaller budget and living off my websites. No more 9 to 5, no more vacations as I will be able to take vacation when I want and for the length I want too! I can pack my things, hop in the RV and go across America whenever I feel like.


    So… now, what do you think about my retirement plan? It does make more sense, doesn’t it?

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