Shares are down over 20% because of interest rate fears combined with Verizon possibly coming to Canada. I believe these uncertainties have created a good buying opportunity.
T: 50 shares @ $30.40 +$9.95 commission
RCI.B: 35 shares @ $40.70 + $9.95 commission
I now hold 150 shares of Telus at an average price of $32.93 ($4,939.90) and 135 shares of Rogers at an average price of $43.76 ($5,907.40).
Telus will add $68.00 to my forward 12-month dividends.
Rogers will add $60.90 to my forward 12-month dividends.
My forward 12-month dividends now stand at $5,020.63.