Monday, June 29, 2015

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


On 29th Juni I added 40 shares of Toronto-Dominion Bank (TD) at CA$53.16 per share plus commission (CA$5.00). With current quarterly dividend (CA$0.51), my last purchase 40 shares of TD increases €44.05 (CA$60.79) of expected annual net dividend income. My overall cost basis of this position decreases from CA$54.33 to CA$53.98 per share. I totally hold now 120 shares of TD and my yield on cost is 3.78%. You can look at my first purchase of TD here.

At today's exchange rate, this purchase will increase my portfolio projected annual net dividend income approximately to €9300.00.

Click here to see my portfolio.

Full Disclosure: Long TD

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15 comments:

  1. Passive Income PursuitJune 29, 2015 at 7:11 PM

    Ive been thinkibg of starting a position in TD. Would like to add another financial stock and the CDN banks are conservatively run. I need to do more research first but I expect to add some over the next few weeks. Thabks for the update.

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    1. DividendHawkJune 30, 2015 at 6:09 PM

      Hi PIP, I think all Canadian big banks will go fine and are solid holdings for the long term!

      Thanks for stopping by!
      DH

      Delete
  2. Roadmap2RetireJune 29, 2015 at 8:13 PM

    Great purchase, DH. The Cdn banks are taking a beating today..good day to add more shares.

    cheers
    R2R

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    1. DividendHawkJune 30, 2015 at 6:11 PM

      Hi R2R and thanks, yeah market was pretty red yesterday, not only Canadian banks. Hopefully it will stay there or go more down, I want to make some purchases in July.

      Thanks for stopping by and sharing again!
      DH

      Delete
  3. Dividend HustlerJune 30, 2015 at 7:35 AM

    Awesome buy Dividend Hawk. This is probably gonna be the biggest bank in Canada one day. My favorite bank for sure as I have 350 shares of it. I will be adding more to this bank in the coming months. Keep up the hustle my friend.

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    1. DividendHawkJune 30, 2015 at 6:12 PM

      Hi Tyler and thank you. I would love to own 350 shares of TD, maybe some day!

      Thanks for visiting!
      DH

      Delete
    2. The Dividend GuyJuly 9, 2015 at 5:49 PM

      TD is already the biggest bank by asset (they surpassed Royal Bank not so long ago). TD and RY are my two favorite Canadian banks. There is also National Bank (NA.TO), but it is smaller and more volatile!

      What I like about TD is that their business model is very close to the "classic bank" (i.e. not counting on capital market to beat estimates) and they have made a great incursion in the US.

      Solid buy!
      Cheers,

      Mike

      Delete
  4. A Frugal Family's JourneyJune 30, 2015 at 8:55 AM

    Nice buy Hawk. TD is actually the only Canadian Bank we own in our portfolio so we obviously like TD. If prices remain at current level during the month of July, we may be adding to our current holding soon. Thanks for sharing.

    Cheers to future growth my friend. AFFJ

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    1. DividendHawkJune 30, 2015 at 6:13 PM

      Hi AFFJ and thanks. I have TD now about the same level as BNS and if markets will not grow up, I’m planning to add RY next.

      Thanks for stopping by!
      DH

      Delete
  5. PreikestolenJune 30, 2015 at 12:18 PM

    Good buy, DH.
    Your portfollio is full in great companies that will multiply your dividend incomes in future. Great work.

    Recently i,ve started positions in Usa T, PG, KMI, JNJ, KO, and I,m happy for making this diversification. Previously I had been focused in Spain and UK stoks...
    ... with the add of AvanceGas, Prosafe, and Marine Harvest. Especially good perform the two first...

    Recently I bought 100 Fortum. It,s in 52W lows, but I,ve read have made desinvestments...
    At 6,77% yield, - do you see please any actual risk for a long term about this company from your country?
    Always appreciated.

    Greetings from Spain.
    Go ahead in your great work!!!!

    Preikestolen

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    1. DividendHawkJune 30, 2015 at 6:16 PM

      Hola Preikestolen, thank you. You have chosen great companies from USA and some nice additions from Norway. Avance has recently performed well and will go up during this summer. FY 2015 Avance will also pay a great dividend. (DNB Market is waiting $6.70; https://www.dnb.no/portalfront/nedlast/no/markets/analyser-rapporter/norske/anbefalte-aksjer/AA150629.pdf)
      Fortum has some risks, falling electricity prices in the Nordic countries, political risk in Russia, question about, what they will do with that money, what they got from selling all Nordic electricity distribution business.

      Thanks for stopping by!
      DH

      Delete
  6. OsinkokuningasJuly 1, 2015 at 12:22 AM

    solid buy, also found from my portfolio.

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  7. dJuly 1, 2015 at 9:06 PM

    Great one once again! Congrats.

    Mike

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  8. AnonymousJuly 3, 2015 at 1:44 AM

    Excellent purchase. I love Canadian banks.

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  9. TawcanJuly 4, 2015 at 9:45 PM

    Great buy Dividend Hawk. I really love Canadian banks that's why we own all the big five banks.

    ReplyDelete

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