Dear fellow investors,

March always feels like a turning point in Canada, it is the beginning of the end of winter, fool’s spring and second winter… St. Patrick’s Day was no exception, it dipped down to -7C. It was nice to see so many people out for the parade on a cold day.

SNL had a great skit, which is how I finally learned how to spell Saoirse’s name. Pronounced: Ser-Sha, rhymes with inertia, not Cerci. I never would have gotten that right.

March was a solid month for the Niche Fund with an income of $31.48, a new high for 2019. This represents a 28% yoy increase over March 2018. ETFs and the mutual fund accounted for $9.01 of the income. The stocks performed well with several healthy increases yoy including XOM, EMR, and LMT. 

March 2019 Dividends
ENB: $2.21
ZFM: $0.35
XOM: $5.48
EMR: $4.41
JNJ: $2.70
LMT: $4.40
CNR: $2.69
CGX: $0.58
MAW104: $0.67 (re-invested in MAW104)
XIC: $7.49
XSH: $0.50 
Total: $31.48

Most of the holdings in my Niche Fund pay quarterly dividends so some months will have more income reflected than others. My Dividend Income page has a calendar showing when I expect to receive dividends from each of my stock holdings.

If you’re new to investing but don’t know where to start, I recommend checking out Wealthsimple. This robo-advisor makes it extremely easy to get started with investing in ETFs. You’ll get solid diversification, automated purchases, no commission on trading and very low fees. In fact, I didn’t pay anything for my entire first year. The fees I pay now are far lower than any of the mutual funds I’ve ever owned, not to mention the large commission fees charged by banks for trading stocks and ETFs. 

The featured image for this post is a shot of the St. Patrick’s Day parade in Ottawa.

Yours, until the financial and consumer staples sectors pay me to hold some of their best stocks,

Dividend Niche