Recent Buy- BNS, GE, GSK

I’m looking for companies that are fairly valued, have a decent dividend yield(3% to 6%) and have a fairly long history of paying dividends consistently for 10 years or more. However, there could be some cases for exceptionally good company or a strategic buy for a very long term.

Here are the buys for the first week of July, 2016:

1) Bank of Nova Scotia (BNS)
This is my 8th buy of BNS this year, what a marathon buying spree it has been! It only shows how much I value it. I added 5 positions in BNS on 7/08 at $48.68. It’ll add $14.40 of passive dividend income on an annual basis.

2) General Electric, Inc. (GE)
I bought 10 positions in GE at $32.10 on 7/08 and it’ll add $9.20 of passive income on an annual basis.

3) GlaxoSmithKline (GSK)
I bought 10 positions in GSK on 7/08 at $43.19 in my taxable account. It will add $22.20 of passive income on an annual basis that I do not need to work for.

Full Disclosure: Long on above mentioned securities.

Thanks for reading.

What do you think about these buy?

6 thoughts on “Recent Buy- BNS, GE, GSK

    1. Hi Investing Hunting,

      Yeah. I’ll continue to add positions in BNS, its top of my list. Going to be 9th buy this year! I also like other Canadian banks like TD and RY.

      Thanks for stopping by as always!

  1. BNS is still in the back of my head but I think I have to focus on other positions as my Canadian banks are getting to be larger than many of my other holdings. Unless there is a major drop I probably won’t add to my BNS for a while. Still, I like it a lot.

    1. Hi DivHut,

      Yeah. You have big positions in BNS and looks like BNS is going to be one of my largest position as well 🙂 I’ll need to add other Canadian banks just to divide it up. I wanted to add some consumer staples but they are at stratospheric range and reits are getting expensive as well.

      Thanks for stopping by and commenting!

    1. Hi Dividend Reaper,

      Good to hear that you an old time owner of GE and I’m sure its treating you well 🙂 There are a handful of industrial that will be core of my portfolio and GE is certainly amongst them.

      Thanks for stopping by and commenting!

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