Friday, January 8, 2016

Recent Buy - Royal Bank of Canada (NYSE:RY, TSE:RY)

7th January 2016 I bought 35 shares of Royal Bank of Canada (RY) at CA$70.54 per share plus commission (CA$5.00).

My overall cost basis of this position decreases from CA$77.81 to CA$75.73 per share. I totally hold now 120 shares of RY and my yield on cost is 4.17%. You can look at my first purchase of RY here.

Details of my purchase:


With current quarterly dividend (CA$0.79), my last purchase 35 shares of RY increases €53.67 (CA$82.40) of expected annual net dividend income. At today's exchange rate, this purchase will increase my portfolio projected annual net dividend income approximately to €9730.00.

Click here to see my portfolio.

Full Disclosure: Long RY


  1. Great purchase, Hawk. Cant go wrong buying of the best run companies in Canada and the largest company (by market cap) on tsx for a reason.


  2. Hey DH,

    Nice purchase! I'm thinking RBC, BNS or TD after just purchasing some CWB. Can't go wrong with these banks!

    Best regards

  3. Good purchase. I am also watching Royal Bank and when I have more cash in the account I will buy it. I really think it will provide a lot of value in the long term and the short term drop in the market has provided some good buying opportunities