Portfolio Update - June 2026

The month of June 2026 as ended and it was quite the month!

The conflict in the middle east is the major news event over the past month. This has led to increase fuel costs across the globe. Consumers and businesses has seen their expenses increase. Things change drastically day to day.

The trade talks between United States, Mexico and Canada continue to be on and off one week to the next. The deadline of July 1 as come, and the United States did not renew the trade agreement between the 3 countries for another 16 years. Therefore going forward, the United States Canada Mexico agreement (USCMA) will be reviewed on a yearly basis going forward and things can be changed each year.

The government of Canada and Alberta has made announcement on a pipeline from Alberta to the southwest coast of British Columbia via a southern route.

The S&P 500 has been up 1.35% over the last month and up 2.33% over the last 5 days.

The S&P TSX Composite index has been up 2.50% over the last month and up 1.28% over the last 5 days.

Portfolio Activity

Margin Account Activity

On May 26, I sold 4 RCI.B.TO 26JUNE2026 $54.00 covered call options at $0.12 per contract for a total net premium of $44.04 after commissions. This option expired worthless.

The covered call on Loblaws expired worthless on May 22 of 2026. On May 27, I sold 2 L.TO 19JUNE2026 $64.00 covered call at $0.27 per contract for a total net premium of $52.02 after commissions. On June 19, I bought to close this covered call at $0.70 per contract. The net loss on this option contract is $89.96 after commissions.

On June 19, I bought to close my covered call June 19 2026 covered call on NFI Group. Then I sold 2 17July2026 $22.50 NFI.TO covered call at $1.30 for a total net premium of $258.02 after commissions.

On June 18, I sold my 100 shares of Ivanhoe Mines at $12.60 for a profit.

Later on June 18, I re-entered into a position on Ivanhoe Mines at $12.40 per share with 100 shares. On June 25, I averaged down by purchasing 100 more shares at $10.39 per share. So, I now own 200 shares.

TFSA Activity

On June 11, I averaged down on my position in HHIS position. I purchased 1 unit of HHIS.TO at $10.98 per unit for a total cost of $10.98 . On June 18, I purchased 2 more units at $11.18 per unit for a total cost of $22.36 CAD. Currently, HHIS pays a distribution of $0.27 per unit monthly, or $3.24 per unit annually.

These new purchases add $9.72 CAD to my annual dividend income.

On June 16, I averaged down on my Telus position. I purchased 1 share of Telus (T.TO) at $16.45 per share for a total cost of $16.45 . On July 2 , I purchased 3 more shares at $15.00 per unit for a total cost of $45.00 CAD. Currently, T pays a distribution of $0.4184 per share quarterly, or $1.6736 per share annually.

These new purchases add $6.69 CAD to my annual dividend income.

Shares Purchased Via DRIP

9 shares of T.TO @ $14.95534 for a total cost of $134.60 CAD (TFSA)

1 unit of BEP.UN.TO @ $34.92 USD for a total cost of $48.96 CAD (TFSA)

1 share of BEPC.TO @ $52.86459 for a total cost of $52.86 CAD (TFSA)

1 share of CNR.TO @ $170.34444 for a total cost of $170.34 CAD (TFSA)

1 share of MFC.TO @ $57.64373 for a total cost of $57.64 CAD (TFSA)

1 unit of AP.UN @ $9.96077 for a total cost of $9.96 CAD (TFSA)

1 unit of KMP.UN @ $18.79 for a total cost of $18.79 CAD (TFSA)

1 unit of SRU.TO @ $30.10 for a total cost of $30.10 CAD (TFSA)

1 share of AW.TO @ $36.42 for a total cost of $36.42 CAD (TFSA)

I have some other positions with the DRIP turned on but might not have enough of a dividend to purchase a whole share.

My Enbridge position directly with the transfer agent is set up to DRIP. Around November 2018, Enbridge stopped their DRIP program. If Enbridge decides to start a DRIP, then my shares will start to DRIP again automatically.

Dividend Increases

There was no dividend increases in the month of June 2026.

Dividend Decreases

There was no dividend decreases in the month of June 2026.

Summary:

As of July 5 2026, the total value of the portfolio is $397073.13 . This is a 1.041% increase over last month’s total.

The portfolio is estimated to produce an estimate $14456.71 CAD in dividend income over the next 12 months. This is an increase of $97.56 CAD , or 0.679%. Some of the dividends in the Canadian stocks section are paid in US dollars, which are converted to Canadian dollars.

Googlesheets is still not operating properly. So, I had to manually enter the market value for the REITS, BEP.UN, and BPF.UN.

Any dividend increases or decreases in April 2026 will be included in the next portfolio update.

Please Note: Positions in Restaurant Brands International (QSR.TO), Brookfield Renewables Corporation (BEPC.TO), and Algonquin Power and Utilities (AQN.TO) pay dividends in US dollars. Brookfield Renewables Partners (BEP.UN) pays distributions in US dollars. My investment tab spreadsheet displays the Canadian dollar equivalent within 15 to 20 minutes of real time.

Disclosure: Long aforementioned stocks

DISCLAIMER

I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice. Every individual should do their due diligence to make their own financial decisions based on their own research and tolerance for risk.