Friday, December 5, 2014

Recent Buy - Toronto-Dominion Bank (NYSE:TD, TSE:TD)





On 5th December I added 35 shares of Toronto-Dominion Bank (TD) at CA$53.45 per share plus commission (CA$5.00). With current quarterly dividend (CA$0.47), my last purchase 35 shares of TD increases €34.90 (CA$49.02) of expected annual dividend net income. My overall cost basis of this position decreases from CA$54.90 to CA$54.33 per share. I totally hold now 80 shares of TD and my yield on cost is 3.46%. You can look at my first purchase of TD here.

My last purchase increase my portfolio projected annual dividend net income approximately to €8038. 00.

Click here to see my portfolio.

Full Disclosure: Long TD

11 comments:

  1. God time to load up on the Canadian banks, DH. Congrats on doubling your dividends from TD.

    cheers
    R2R

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  2. Nice move here. I have been following TD and BNS for a long time and specially since they started the correction in October 2014.
    One question from my side, why do you invest in the Canadian companies in CAD? would you not prefer USD?
    At the moment I have been invested in EUR, USD and GBP. I'm not sure if too much currency diversification really makes a point, or just introduces more uncertainty into the game.

    Regards
    Hadamard

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    Replies
    1. Hi Hadamard

      For me, it is normal to buy Canadian companies in Canadian dollars. I have holdings with 5 different currencies and I don't see that a very big problem, of course my portfolio value in basic currency (EUR) changing all time when currencies changing.

      Thanks for stopping by!
      DH

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  3. bought yesterday at 55. looks like i could have done better....

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  4. Great buy and awesome timing
    congrats my friend!

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  5. DH,

    Love the buy.

    Great bank. I have a very small position. Would love to increase at some point here. Enjoy those dividends!!

    Best regards.

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    Replies
    1. Hi Jason

      TD is also relative small position for me, even I just took some more. My plan is to grow TD and RY up about to the same level as BNS is in my portfolio.

      Have a great day!
      DH

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  6. Thanks for sharing your recent buy of TD. It's one of three Canadian banks I have in my portfolio and I plan to make them all long term holdings. I just got my very first TD dividend in Novmeber so you can see how new this holding is for me. Canadian banks seem to be a little funk these days. More attractive buying points than in the summer, that's for sure. Happy to be a fellow shareholder.

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    Replies
    1. Hi DivHut

      I also just got my first dividend from TD, so it's new for me too. Hopefully our plan will come true and we can hold those great banks very long time!

      Have a great day!
      DH

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