The first week in December brings the much anticipated big bank earnings on my end with the Bank of Nova Scotia/Scotiabank reporting first, being the 2nd of December as I write this.
With an impressive gain of 31% in the last 6 months, BNS.TO posted a good quarterly report and beat estimates earning $1.93 per share today after making some changes for the better.
Scotiabank is the first major bank to release earnings for the three months ended Oct. 31. Royal Bank of Canada RY-T and National Bank of Canada NA-T will report results on Wednesday. Toronto-Dominion Bank TD-T, Bank of Montreal BMO-T, and Canadian Imperial Bank of Commerce CM-T will wrap up earnings week on Thursday.
The first site I normally go to when I want to see how a stock or ETF is performing and what the dividend growth (if any) is currently at, is the updated version of Dividend History which is a free, no subscription required dividend information tool I use with it's newly added price and dividend charts I find informative.
Dividend History provides me with a quick overview before moving on to do further research to check up on or add a stock to the portfolio. Ex-dividend and Payment dates are displayed for handy viewing.
TD Bank, TD.TO is the next bank to report on the 4th of December which I'm interested in after Scotiabank. TD has been levelling off over the last month at around $117 CAD after the bank gained over 50% for the year to date. Both banks have ex-dividend dates in January, 2026.
Financials including insurance companies are core holdings in the portfolio such as Manulife and Great-West Life with plans to add more.
With their yearly dividend increase and a yield just shy of 5%, I'll be looking to add to Canadian Natural Resources, CNQ.TO before the 12th of December with some key points:
- Canadian Natural Resources Limited (CNQ) has a strong track record of increasing dividends for 25 consecutive years, currently offering a yield of 4.99%.
- The company's diversified portfolio in oil and natural gas, along with majority ownership of its assets, enhances its operational flexibility and capital allocation.
- CNQ's robust balance sheet allows for strategic acquisitions, exemplified by the US$6.5 billion purchase of Chevron's Canadian assets, which can drive revenue growth.
The second half of December will be busy with Christmas approaching and 5 stocks on my radar with 4 in the portfolio. Energy, pipeline, conglomerate and power sectors with month ending ex-dividend dates plus a new addition from my watch list, Rogers Sugar, RSI. I consume the sugar daily along with my Tim Horton's coffee addiction. Sugar is certainly tough to cut back on at times. They say one should understand the fundamentals of a company and what it provides before buying and I've been doing that first hand and on their company site.
Where I'm invested with 3 different brokers, I've tried a few different share and dividend tracker sites and compared plans plus what's available as a free member. I like free but that usually comes with limited features
I settled on Snowball Analytics with reasonable subscription costs and more cool features than I was expecting after looking over their site for awhile. A visual snapshot as I added my holdings and transactions. Just my opinion and experience being satisfied with Snowball.
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