Dividend Growth Forum
What Did You Buy Today? - Printable Version

+- Dividend Growth Forum (http://DividendGrowthForum.com)
+-- Forum: Dividend Growth Investing (http://DividendGrowthForum.com/forumdisplay.php?fid=15)
+--- Forum: Dividend Growth Investing (http://DividendGrowthForum.com/forumdisplay.php?fid=33)
+--- Thread: What Did You Buy Today? (/showthread.php?tid=699)

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767

RE: What Did You Buy Today? - Roadmap2Retire - 05-26-2015

Added to my position in Amgen Inc (AMGN) this morning

RE: What Did You Buy Today? - The Falcon - 05-27-2015

CVX and DEO Big Grin

RE: What Did You Buy Today? - Forward Dividends - 05-27-2015

Added more O this morning. This is now our largest position with 75 shares at an average cost of $47.89 including commissions.

RE: What Did You Buy Today? - rayray - 05-27-2015

It's not one of my divi stocks but I added to my INVN position today.

RE: What Did You Buy Today? - Forward Dividends - 05-29-2015

Added 10 more shares of UNP this morning at $100.94, doubling our stake to 20 shares.

RE: What Did You Buy Today? - 800peace - 05-29-2015

Bought MSFT today. One of my companies was acquired, which gave me some capital.

MSFT yield is above the 10-year T-note yield, and they have plently of room to increase their dividend. According to my financial statement analysis as well as the "Chowder Score," MSFT is a screaming buy for dividend growth investors. As a last comfort of safety, MSFT is amongst the best in the market on a risk premium/beta basis. I'm hoping for pemanent ownership, so I don't have any sell criteria, other than to sell if there's a dividend cut.

There's a few companies that have better prospects, but I already own them and I want to diversify into new names and new industries... So, I bought MSFT.

RE: What Did You Buy Today? - earthtodan - 06-01-2015

Added 30 shares of TD.

RE: What Did You Buy Today? - crimsonghost747 - 06-01-2015

(06-01-2015, 09:50 AM)earthtodan Wrote: Added 30 shares of TD.

Can you give us a quick summary as to why TD instead of the other 4 big ones in Canada?

I'll be doing some research on the Big Five Canadian banks next week, and will probably be buying one or two of them in the near future. Just interested in hearing why you chose TD over the others.

RE: What Did You Buy Today? - Forward Dividends - 06-01-2015

Added 12 more shares of PG last Friday @ $78.35. Here's hoping for prices to continue falling.

RE: What Did You Buy Today? - earthtodan - 06-02-2015

(06-01-2015, 10:28 AM)crimsonghost747 Wrote: Can you give us a quick summary as to why TD instead of the other 4 big ones in Canada?

I'll be doing some research on the Big Five Canadian banks next week, and will probably be buying one or two of them in the near future. Just interested in hearing why you chose TD over the others.

This wasn't easy for me, since I don't really know how to analyze banks, but I wanted to pick one. Originally I bought TD and BNS. TD has a high DGR among the group and also has a lot of exposure to the US, where they have an extensive local branch network that stays open late and has a reputation for great customer service. So I get the Canadian banking institutional moat with the US economy. Also, opinions from certain writers like Roadmap2Retire helped me narrow them down.

I liked BNS for the emerging market exposure, but I decided MA was a more universal and faster growing way to play that theme. I sold my BNS for a tax loss and moved it into TD.

Also added 50 shares of CSIQ.

RE: What Did You Buy Today? - Roadmap2Retire - 06-02-2015

(06-02-2015, 09:44 AM)earthtodan Wrote:
(06-01-2015, 10:28 AM)crimsonghost747 Wrote: Can you give us a quick summary as to why TD instead of the other 4 big ones in Canada?

I'll be doing some research on the Big Five Canadian banks next week, and will probably be buying one or two of them in the near future. Just interested in hearing why you chose TD over the others.

This wasn't easy for me, since I don't really know how to analyze banks, but I wanted to pick one. Originally I bought TD and BNS. TD has a high DGR among the group and also has a lot of exposure to the US, where they have an extensive local branch network that stays open late and has a reputation for great customer service. So I get the Canadian banking institutional moat with the US economy. Also, opinions from certain writers like Roadmap2Retire helped me narrow them down.

I liked BNS for the emerging market exposure, but I decided MA was a more universal and faster growing way to play that theme. I sold my BNS for a tax loss and moved it into TD.

Also added 50 shares of CSIQ.

Thanks for the mention, earthtodan.

crimsonghost747, here are some articles that I wrote about the Canadian banks.
The articles above are from last fall. I also wrote this article in Feb summarizing the overall banking sector outlook and the risks facing the Canadian economy.

More recent developments:
  • RY bought CNY earlier this year - lots of high net worth clients in Hollywood/LA area.
  • TD bought Nordstrom's credit card unit last week. TD has been expanding a lot in the credit markets. In Canada, a couple of years ago they bought MBNA and rights for Aeroplan (the most popular airmiles card in Canada). As earthtodan mentioned, huge US presence
  • BNS - most international Canadian bank. They saw some layoffs recently and cut back some operations in some Latin American countries. But now, they are buying Mexican operations from Citi and HSBC.
  • BMO - oldest Canadian bank and longest dividend payment history. Lots of international operations as well. Larger percentage of revenue comes from US than other banks.
  • CM - the baby of the Big 5. But still a well run bank.


The second tier/regional banks are also great investments if you want to look into them. Great dividend plays (and dividend growers) and very well managed. Banks include:
  • National Bank of Canada (NA.TO)
  • Laurentian Bank of Canada (LB.TO)
  • Canadian Western Bank (CWB.TO)

Let me know if you have specific questions, and I can try and answer them if I can.

Disclosure: I own TD and BNS.

RE: What Did You Buy Today? - crimsonghost747 - 06-02-2015

I actually stumbled into the february article a couple of days ago while looking up comparisons between the banks. Don't know how I managed to miss the fact that it was written by you! I will definitely take a look at the other articles soon, I've pretty much decided to pick up one of the bigger Canadian banks as my first financial investment. Now I just need to choose which one.


earthtodan, congratulations on the CSIQ buy. Great looking company with a bright future (see what I did there? :p ) and the price seems to be dropping back to a range where I am also considering pulling the trigger. Currently I own TSL which is still my favourite among the solar companies but CSIQ does look very attractive too at the current prices.