Holy smokes! Did I go crazy this month? I had money for June, July and August just sitting there waiting to buy stocks. And boy, did I spend it.
I made 4 purchases in my TFSA. Three of which I am happy with and one I am not 100% sure about in terms of dividends and growth.
So, this August I bought…
10 BCE (top up)
10 Laurentian Bank (top up)
43 Riocan REIT
31 Canadian Utilities
Canadian Utilities is by far my best purchase. It has a good track record of dividend increases and the share price growth is nice and steady.
The one purchase I think I could have done a bit more research on, is Riocan. After looking through it’s dividend history and growth, I think I could have made a better choice. The last dividend increase was in 2013. I only realized later it is not even a Canadian dividend aristocrat. Oops.
Do any of you own Riocan REIT? Am I doomed in terms of growth?