Sunday, October 30, 2011

Globe and Mail column on buying DRIPs through online brokers

Another article on Canadian dividend reinvestment plans (DRIPs) appeared in this weekend in the Globe and Mail. As with other articles on DRIPs, columnist Rob Carrick outlined how one can use DRIPs to build a significant portfolio of stocks and how this is a “get rich slowly” kind of method. This method he calls the classic DRIP.



As a twist though Carrick focused on how you can also use online brokers to start your dividend reinvestment plan. With the help of Robert Gibb, who is probably better known as OperaBob of the



The piece also lays out how the various online brokers handle their DRIP transactions in a table. While all except for one do not charge for using the DRIP feature, the clear winner in terms of number of available stocks to choose from is TD Waterhouse.



The full article and chart can be found at



Happy DRIPping, Another article on Canadian dividend reinvestment plans (DRIPs) appeared in this weekend in the Globe and Mail. As with other articles on DRIPs, columnist Rob Carrick outlined how one can use DRIPs to build a significant portfolio of stocks and how this is a “get rich slowly” kind of method. This method he calls the classic DRIP.As a twist though Carrick focused on how you can also use online brokers to start your dividend reinvestment plan. With the help of Robert Gibb, who is probably better known as OperaBob of the The DRiP Investing Resource Center message boards , Carrick highlights how to use the online brokerage houses associated with Canadian banks and those that are standalones.The piece also lays out how the various online brokers handle their DRIP transactions in a table. While all except for one do not charge for using the DRIP feature, the clear winner in terms of number of available stocks to choose from is TD Waterhouse.The full article and chart can be found at Building wealth, a DRIP at a time page.Happy DRIPping,

Ken Ken





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Saturday, October 15, 2011

List of Canadian DRIPs and SPPs Updated

Here is the latest round of updates to my Canadian Dividend Reinvestment Plans (DRIPs) list. I have updated the following stocks based on your feedback. Please keep the updates coming!



1. CIBC (CM-T) – discount lowered to 2% 2. Enerplus Corporation – removed SPP 3. Precious Metals and Mining Trust (MMP.UN-T) – removed discount 4. TransCanada Corporation (TRP-T) – removed discount

As always, if you see any discrepancies please post a comment.



Happy DRIPping, Ken



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Wednesday, September 07, 2011

Support This Site Through ING

I have been meaning to thank everyone who has been visiting this site over the past few years. Your support has been phenomenal!



I also wanted to say that as a member of ING Direct Canada I also use their investment savings accounts for my both my personal savings and my TFSAs. As some of you may know, ING has a referral program. When new customers open an ING DIRECT Canada account with $100 or more they get a $25 welcome bonus gift. If they input the Orange Key of an existing member then that person also gets $25.



If anyone is thinking of signing up for an ING account then please consider referencing my Orange Key (14865885S1). You can also click on the animation below which will allow you to copy my Orange Key and browse to ING Direct Canada.





Thanks for reading,

Ken



List of Canadian DRIPs and SPPs Updated

First off I want to thank everyone who has written to me asking when the site would be updated. I realize that there has been a long stretch since my last major update. And as you can see below, there have been many changes regarding Canadian DRIPs!



As well, thanks to everyone for their comments to let me know of changes to the company plans on my list. I used those as my starting point and then checked every plan for accuracy. Also, I have verified every link to the company dividend reinvestment plan details and Globe Investor stocker ticker.



As always, if you see any discrepancies please post a comment. The information you provide is always appreciated.



Happing DRIPping,

Ken





Added:

1. Brookfield Office Properties Canada (BOX.UN-T)

2. Churchill Corporation (CUQ-T)

3. Dundee International REIT (DI.UN-T)

4. Eagle Energy Trust (EGL.UN-T)

5. Energy Income Fund (ENI.UN-T)

6. Gibson Energy Inc. (GEI-T)

7. GMIncome & Growth Fund (GMF.UN-T)

8. Horizon Alpha Pro ETFs

9. Homburg Canada REIT (HCR.UN-T)

10. Husky Energy (HSE-T)

11. INDEXPLUS Dividend Fund (IDF.UN-T)

12. Liquor Stores N.A. Ltd. (LIQ-T)

13. MOSAID Technologies (MSD-T)

14. NorthWest Healthcare Properties REIT (NWH.UN-T)

15. PATHFINDER Convertible Debenture Fund (PCD.UN-T)

16. REIT INDEXPLUS Income Fund (IDR.UN-T)

17. Retrocom Mid-Market REIT (RMM.UN-T)

18. Rogers Communications Inc.(RCI.B)

19. Senior Gold Producers Income Corp (GPC-T)

20. TransGlobe REIT (TGA.UN-T)

21. Troy Resources NL (TRY-T)

22. Valener Inc. (VNR-T)

23. Yellow Media Inc.(YLO-T)





Deleted:

1. Arctic Glacier Income Fund (AG.UN-T)

2. Caldwell Partners International Inc. (CWL.A-T)

3. Capital Power Income L.P. (CPA.UN-T)

4. Citadel Diversified Investment Trust (CTD.UN-T)

5. CML HealthCare Income Fund (CLC.UN-T)

6. Energy Plus Income Trust (EPF.UN-T)

7. European Premium Dividend Fund (EPD.UN-T)

8. Financial Preferred Securities Corporation (FPR.PR.A-T)

9. InnVest REIT (INN.UN-T) – suspended August 12, 2011

10. Loblaw Companies Limited (L-T)

11. NuVista Energy Ltd.(NVA-T)

12. Oil Sands Sector Fund (OSF.UN-T)

13. Pantera Drilling Income Trust (RIG.UN-T)

14. Paramount Energy Trust (PMY.UN-T)

15. Peyto Energy Trust (PEY.UN-T)

16. Sustainable Production Energy Trust (SPU.UN-T)

17. Western Financial Group (WES-T)

18. Westshore Terminals Income Fund (WTE.UN-T)





Updated:

1. AltaGas Income Trust changed to AltaGas Ltd. (ALA-T)

2. Arc Energy Trust changed to ARC Resources Ltd. (ARX-T)

3. Bank of Montreal (BMO-T) – removed discount

4. Canexus Income Fund changed to Canexus Corporation (CUS-T)

5. Charter REIT changed to Partners REIT (PAR.UN-T)

6. Daylight Resources Trust changed to Daylight Energy Ltd. (DAY-T)

7. Enbridge Income Fund changed to Enbridge Income Fund Holdings Inc.(ENF-T)

8. Enerplus Resources Fund changed to Enerplus Corporation (ERF-T)

9. Enervest Diversified Income (EIT.UN-T) - removed minimum

10. Firm Capital Mortgage Investment Trust changed to Firm Capital Mortgage Investment (FC-T)

11. Fort Chicago Energy Partners L.P. changed to Versen Inc. (VSN-T)

12. Freehold Royalty Trust changed to Freehold Royalties Ltd. (FRU-T)

13. Just Energy Income Fund changed to Just Energy Group (JE-T)

14. Keyera Facilities Income Fund changed to Keyera Corp. (KEY-T)

15. Macquarie Power & Infrastructure Income Fund changed to Capstone Infrastructure Corporation (CSE-T) and Share Purchase Plan (SPP) terminated

16. NAL Oil & Gas Trust changed to NAL Energy Corp. (NAE-T)

17. Northland Power Income Fund changed to Northland Power Inc. (NPI-T)

18. Parkland Income Fund changed to Parkland Fuel Corporation (PKI-T)

19. Pengrowth Energy Trust changed to Pengrowth Energy Corporation (PGF-T)

20. Penn West Energy Trust changed to Penn West Exploration (PWT-T)

21. Phoenix Technology Income Fund changed to Phoenix Technology Services (PHX-T)

22. Provident Energy Trust changed to Provident Energy Ltd. (PVE-T)

23. Telus (T-T) – removed discount

24. Vermilion Energy Trust changed to Vermilion Energy Inc.(VET-T)

25. Zargon Energy Trust changed to Zargon Oil & Gas Ltd.(ZAR-T)





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Tuesday, July 20, 2010

Canadian DRIP & SPP List updates

I have added the following new plan:



NuVista Energy Ltd. (NVA-T)

NuVista Energy Ltd.-Announces Dividend Reinvestment Plan



I have updated the following plan:



TransAlta Corporation (TA-T) - 3% discount added

TransAlta declares dividend



As always, if you see any discrepancies please post a comment.



Happy DRIPping,

Ken



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NuVista Energy Ltd. (NVA-T)TransAlta Corporation (TA-T) - 3% discount addedAs always, if you see any discrepancies please post a comment.Happy DRIPping,Ken

Monday, July 19, 2010

Reason this site has been down

Dear readers,



I am sure some of you came to my site over the past week only to be greeted with a message that my blog had been removed.



Well, last Saturday Google decided to mark this blog as spam. When they do that they take down the site until I can prove I am the owner. Once I did then they had to do a manual review of my blog to see if they could re-instate it. I eventually escalated the problem up the chain of command and the site was re-activated this afternoon.



I am not sure how this occurred in the first place. My site has been up since 2005 and in those past five years nothing like this has ever happened. I am sorry if this outage has inconvenienced anyone.



Thank you all for your patience and I hope that you will continue to visit my site in the future.



Sincerely,

Ken

Dear readers,I am sure some of you came to my site over the past week only to be greeted with a message that my blog had been removed.Well, last Saturday Google decided to mark this blog as spam. When they do that they take down the site until I can prove I am the owner. Once I did then they had to do a manual review of my blog to see if they could re-instate it. I eventually escalated the problem up the chain of command and the site was re-activated this afternoon.I am not sure how this occurred in the first place. My site has been up since 2005 and in those past five years nothing like this has ever happened. I am sorry if this outage has inconvenienced anyone.Thank you all for your patience and I hope that you will continue to visit my site in the future.Sincerely,Ken

Monday, July 05, 2010

Globe and Mail column on DRIPs

Globe and Mail columnist John Heinzl is at it again. On Saturday July 3, 2010 he did an in-depth report on dividend reinvestment plans and included a feature on Robert Gibb, who is probably better known as OperaBob of the

The DRiP Investing Resource Center message boards.



Gibb highlights some of his holdings in the article, gives some excellent reasons on why one should hold DRIPs and then talks about how one can start becoming involved in DRIPs.



I also really like this quote from the article: "It’s a get-rich-eventually scheme." How true!



The full article can be found at



Happy DRIPping,

Ken





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Globe and Mail columnist John Heinzl is at it again. On Saturday July 3, 2010 he did an in-depth report on dividend reinvestment plans and included a feature on Robert Gibb, who is probably better known as OperaBob of theGibb highlights some of his holdings in the article, gives some excellent reasons on why one should hold DRIPs and then talks about how one can start becoming involved in DRIPs.I also really like this quote from the article: "It’s a get-rich-eventually scheme." How true!The full article can be found at DRIPping your way to wealth page.Happy DRIPping,Ken

Monday, June 21, 2010

John Heinzl's excellent article on income trusts