On 15th July I bought 30 shares of Royal Bank of Canada (RY) at CA$76.95 per share plus commission (CA$5.00). With current quarterly dividend (CA$0.77), my last purchase 30 shares of RY increases €49.17 (CA$68.84) of expected annual net dividend income. My overall cost basis of this position decreases from CA$78.19 to CA$77.81 per share. I totally hold now 85 shares of RY and my yield on cost is 3.96%. You can look at my first purchase of RY here.
At today's exchange rate, this purchase will increase my portfolio projected annual
net dividend income approximately to €9550.00.
Click here
to see my portfolio.
Full Disclosure: Long RY
Nice purchase, DH. Gotta love those Canadian banks - esp when the yields are so juicy and consistent dividend growth is almost guaranteed.
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R2R
Thanks for sharing Hawk. Awesome purchase bud. Can't go wrong with the biggest bank in Canada. Quality for sure. Keep it up!
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