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
Nice dividend stock
ReplyDeleteGod time to load up on the Canadian banks, DH. Congrats on doubling your dividends from TD.
ReplyDeletecheers
R2R
Nice move here. I have been following TD and BNS for a long time and specially since they started the correction in October 2014.
ReplyDeleteOne 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
Hi Hadamard
DeleteFor 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
Nice Buy. I too brought today.
ReplyDeletebought yesterday at 55. looks like i could have done better....
ReplyDeleteGreat buy and awesome timing
ReplyDeletecongrats my friend!
DH,
ReplyDeleteLove the buy.
Great bank. I have a very small position. Would love to increase at some point here. Enjoy those dividends!!
Best regards.
Hi Jason
DeleteTD 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
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.
ReplyDeleteHi DivHut
DeleteI 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