Friday, May 29, 2015

Recent Buy - TELUS Corporation (NYSE:TU, TSE:T)

Today on 29th May I added 50 shares of TELUS Corporation (TU) at $33.65 per share plus commission ($5.00).

 
My overall cost basis of this position decreases from $34.00 to $33.88 per share. I totally hold now 100 shares of TU and my yield on cost is 3.97%. You can look at my first purchase of TU here.

At today's exchange rate, this purchase 50 shares of TU will increase €45.82 ($50.28) of my expected annual net dividend income and will increase my portfolio's projected annual net dividend income to €9260.00. 

Click here to see my portfolio.

Full Disclosure: Long TU

Posted by
Labels:

13 comments:

  1. Dividend BeginnerMay 29, 2015 at 11:18 PM

    Hey DH,

    Great choice! I love this company, very solid earnings and consistent growth, least amount of complaints when compared to Rogers and Bell.. Their dividend growth program is stellar. Tons to enjoy. I'd like to purchase more shares, especially since they've been going down without much reason as of late. Don't know if I want some of these or some more BNS.

    Take care,
    DB

    ReplyDelete
    Replies
    1. DividendHawkMay 30, 2015 at 1:04 PM

      Hi DB

      Thank you, hopefully you are right and TU is able to grow up, their dividends also in future. If that's what they're planning (10% annual growth) will happen, I will be very happy.

      Thanks for stopping by!
      DH

      Delete
  2. AnonymousMay 29, 2015 at 11:56 PM

    Good buy D Hawk. I have not looked into this company before. Thanks for sharing.

    ReplyDelete
    Replies
    1. DividendHawkMay 30, 2015 at 1:05 PM

      Hi DD

      Thanks, perhaps you should take a look!

      Cheers,
      DH

      Delete
  3. AnonymousMay 30, 2015 at 2:00 AM

    I bought 36 shares in my Roth at $36.71 back on 07/09/14. A bit higher than you but I consider this a solid company and hope to add next year when I make additional Roth contributions. It's in my retirement portfolio. :)

    ReplyDelete
    Replies
    1. DividendHawkMay 30, 2015 at 1:06 PM

      Hi

      In the long run the purchase price is not very important thing, the most important thing is to grow dividends. My aim is to keep the TU at least the next 10 years.

      Thanks for stopping by!
      DH

      Delete
  4. FrugalitytoFinancialFreedomMay 30, 2015 at 4:09 AM

    Goodluck with the recent buy DH, I am not very familiar with Telus but seems like the Canadian side of the DGI community are giving lots of attention to this company. Great job on averaging down.

    ReplyDelete
    Replies
    1. DividendHawkMay 30, 2015 at 1:08 PM

      Hi FFF

      Thank you. I know that TU is quite popular among Canadian DGI. I intended to continue my portfolio of geographical diversification, and I think that TU fits in well.

      Thanks for stopping by!
      DH

      Delete
  5. ANHAMay 30, 2015 at 12:14 PM

    That company looks promising, need to take a look at it.
    Thank you for sharing cheers.

    ReplyDelete
    Replies
    1. DividendHawkMay 30, 2015 at 1:09 PM

      Moi ANHA

      Yeah, look at it!

      Hyvää kesää, Cheers,
      DH

      Delete
  6. TimoJune 2, 2015 at 3:31 PM

    Why did you decide to buy NYSE:T instead of TSE:T? Was it cheaper with current EURUSD exchange rates compared to EURCAD?

    ReplyDelete
    Replies
    1. DividendHawkJune 2, 2015 at 6:40 PM

      Hi Timo, I would have liked to buy Telus from Toronto Stock Exchange, but my broker didn't allow it.

      Thanks for stopping by!
      DH

      Delete
  7. DivGuyJune 2, 2015 at 11:05 PM

    Yes! Loving this one! A good buy, congrats!

    Mike

    ReplyDelete

Subscribe to: Post Comments (Atom)