Years ago, I had a mixed bag of low yield ETFs and stocks with low gain potential where my goal was accumulating dividend income, continuing into retirement.
Doing a Google search for stocks ranking from highest yield down in the TSX, I looked down through 60 of them and wanted to narrow down that list to what companies and banks could produce a decent total gain for the long term with compounding in mind.
Eventually I came across the Beat The TSX strategy that has beaten the TSX index annual return on average over the years. I didn't expect the list of 10 stocks with a different mix every year to beat the TSX yearly return on a given year where the stock market has it's ups and downs which affects some sectors/businesses more than others.
A good summary of the BTSX and updated for 2026 is on a recent Million Dollar Journey post.
Companies and banks I researched in the list as they changed over the years, expanded to more than 20 stocks in the TSX 60 ranked by dividend yield I currently own.
In the current list for 2026, I sold both BCE before the dividend cut last year and Telus where they have now stopped their dividend growth plans and perhaps a cut coming but no mention of that to date.
The steady news of over the top expenses and unsustainable dividends with these two Telcos brought on the decision to sell both. BCE looks like it's dividend policy is more in line now going ahead. It may pull off an Algonquin Power, AQN revival.
I never owned Algonquin Power where I thought the initial yield, when I looked it over years back was too high and that was cut. But, AQN has improved and made gains going into this year.
From the 2025 list ... Power Corporation: POW, TD Bank:TD and Emera: EMA performed better than I expected. Overall, the TSX yearly gain of 29%+ was a surprise for 2025 with the BTSX closing the year with a 28% gain, even with the Telco laggards in that list.
The 2026 BTSX list.
- Telus (T)
- Enbridge (ENB)
- Pembina Pipeline (PPL)
- BCE (BCE)
- Canadian Natural Resources (CNQ)
- TC Energy Corp (TRP)
- Emera (EMA)
- Bank of Nova Scotia (BNS)
- Sun Life (SLF)
- Canadian Tire (CTC.A)
I rehashed my portfolio when I initially read about the BTSX strategy and concentrated more on specific sectors like the Big Banks, the pipelines, energy/power, oil/natural gas and financial/insurance companies to build on into the future and pleased with the results as I continue to accumulate with the Plan.
Taking the Pipeline sector for example, I initially bought Enbridge: ENB and then added Pembina Pipeline: PPL when it was a monthly dividend payer and now quarterly while PPL got into the BC coast natural gas plants for exporting. Expansion plans continue there.
Like Hannibal on The A-Team ... I love it when a plan comes together.
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