Dividend Growth Investor's Portfolio & Market Insights: 114% Total Return, Dynamic Sector Allocation, US vs CAD Market Review, and More!

Welcome to my monthly portfolio update, where I share my progress as a dividend growth investor and provide insights and reflections on the market. As of March 1st, 2024 (during the day), my portfolio value is $249,809.27, which would be a total return of 114% since the first dividend growth portfolio was created in September 2017. This is compared to +20.69% for the S&P 500 and +11.87% for the TSX 60 in 2023.

March 1st, 2024 (during the day) Portfolio Allocation

Here is the current portfolio allocation as of March 1st, 2024 (during the day):

Company NameTickerSectorMarket ValueBrookfield InfrastructureBIPC.TOUtilities$907.40Canadian National ResourcesCNQ.TOEnergy$1,080.42Capital PowerCPX.TOUtilities$578.85Canadian TireCTA.A.TOConsumer Disc.$966.70Exchange IncomeEIF.TOIndustrials$1,555.20Great-West LifecoGWO.TOFinancials$714.85National BankNA.TOFinancials$641.76NutrienNTR.TOMaterials$935.35TelusT.TOCommunications$903.64TD BankTD.TOFinancials$1,139.60Cash (Margin)-$32.48Total$9,358.81

Smith Manoeuvre Update

As of March 1st, 2024 (during the day), my SM portfolio is as follows:

Company NameTickerSectorMarket ValueBrookfield InfrastructureBIPC.TOUtilities$907.40Canadian National ResourcesCNQ.TOEnergy$1,080.42Capital PowerCPX.TOUtilities$578.85Canadian TireCTA.A.TOConsumer Disc.$966.70Exchange IncomeEIF.TOIndustrials$1,555.20Great-West LifecoGWO.TOFinancials$714.85National BankNA.TOFinancials$641.76NutrienNTR.TOMaterials$935.35TelusT.TOCommunications$903.64TD BankTD.TOFinancials$1,139.60Cash (Margin)-$32.48Total$9,358.81

Amount borrowed-$9,000.00

Canadian Portfolio (CAD)

As of March 1st, 2024 (during the day), my CDN portfolio is as follows:

Company NameTickerSectorMarket ValueAlimentation Couche-TardATD.B.TOCons. Staples$25,172.81Brookfield RenewableBEPC.TOUtilities$8,446.92