When I originally purchased TransForce (TFI.TO), it was more or less a crapshoot. I liked that many directors on TFI’s board were also on Saputo’s board. And the share price was really cheap.
I recently sold TFI and replaced it with another crapshoot – GreenStar Agricultural Corp (GRE.TO). This company has a market cap of $15,823,366 – no, I didn’t forget any zeros!
I first learned about GRE while reading an article published by The Canadian Dividend Blogger.
Shares Purchased = 2,100
Total Cost = $2,247.90
Increase in Annual Dividends = $126.00
Initial dividend yield = 5.61%
My forward 12-month dividends now stand at $5,647.02.