First, I’d like to thank everyone who commented on my post announcing the birth of my first child. I can honestly say I felt the love and well wishes from each comment written and feel truly blessed with our new addition. The comments left simply reaffirmed my admiration for our little online community and how much we continue to support and encourage one another through all financial and personal milestones achieved.
The last three weeks have been pretty busy with my new role as ‘dad’ and getting adjusted to the role of being a parent. Mrs. DivHut is continually improving after childbirth and our little one is growing by leaps and bounds. I am amazed at the rate at which he is gaining weight and inches. As you can imagine, caring for baby DivHut, has, and will continue to be my priority but I cannot forget my own personal goal of making monthly investments in my own passive income earning accounts.
Sticking to my affinity for the Canadian banks and my March stock consideration list, BNS, TD and RY were my top picks for the month. With that being said I’d like to share my recent March stock buy.
I have added to my ROTH account 32.1072 shares at $49.71 for a total investment of $1,596.05 in The Bank of Nova Scotia (BNS). With this recent purchase my ROTH account holdings in BNS now totals 85.3196 shares for a value of $4,285.60.
As many of you already know I have been gradually adding to my three Canadian banks for many months. While screening for new potential investments the financial names continue to pop up on my radar and looks like April will be no different. Of course, I’ll gladly add to my holdings and continue to average down my purchase price while collecting a generous current yield well over 4%.
What do you think about my most recent purchase? Is TD, BNS, RY or any other Canadian bank stock in your dividend income portfolio? Please let me know below.
Disclosure: Long TD, BNS, RY