When I adjusted my investing approach back in May I selected high dividend stocks from the TSX. It is a sensible policy to reassess and adjust the portfolio from time to time, such as every six months.
After reassessing my portfolio there is one stock that no longer meets my criteria: Loblaws (L.TO). This is because the stock has advanced, which caused the yield to fall.
Where Loblaw has fallen in rank, Census has risen.
- Sell Loblaw (L.TO) @ $59.00
- Buy Census (CVE.TO) @ $27.85