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

3 comments:

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

    cheers
    R2R

    ReplyDelete
  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
    DB

    ReplyDelete
  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

    ReplyDelete