Wednesday, 9 July 2014

Update


Lately, most of my time and energy has been spent on relocating my family to a new city. We are adapting well and absolutely love our neighborhood. Because I now walk to work, I sold my 11-year-old car for $4,000 (we kept our newer SUV). This will buy me roughly 100 shares of Rogers Communications (RCI.B) later this week.

And yesterday, I transferred most of the proceeds from the sale of my house into my non-registered investment account. I can thus benefiting from my broker’s 50 50 promotion; transfer $50,000 into an account and get $50 cash back and 50 free trades.

Finally, for tax reasons, I’ve decided to hold only US stocks in my RSP, which is why I sold my 165 shares of Empire Company (EMP.A) today. I will eventually sell my 400 shares of The North West Company (NWC), which is the only other Canadian stock I hold in my RSP.

            Bought 165 shares of EMP.A in 2009 for $41.20 each
            Dividends since 2009 amount to $702.11
            Sold today @ $71.25 per share (-$9.95 commission)
            Total Cost = $6,798.30
            Capital gains + Dividends = $5,650.11
            Profit = 83.1%


The sale of EMP.A has reduced my yearly dividends by $178.20 and generated $11,746.30 CAD in cash, which I plan on investing in TGT.

IMO, at $60.00 a share, TGT is a steal. Anyone following TGT knows they have serious issues to correct wrt their expansion into Canada. But here’s a tidbit you may not know: Wal-Mart also had problems when it entered Canada in 1994. Canadian consumer habits are different than our American neighbors and only through experience can companies learn and adapt.

TGT:US
Year
High Price
Low Price
1Q
div.
2Q
div.
3Q
div.
4Q
div.
Annual Dividend
High Yield
Low Yield
2001
$41.74
$26.00
$0.06
$0.06
$0.06
$0.06
$0.24
0.92%
0.57%
2002
$46.15
$24.90
$0.06
$0.06
$0.06
$0.06
$0.24
0.96%
0.52%
2003
$41.80
$25.60
$0.06
$0.06
$0.07
$0.07
$0.26
1.02%
0.62%
2004
$54.14
$36.63
$0.07
$0.07
$0.08
$0.08
$0.30
0.82%
0.55%
2005
$60.00
$45.55
$0.08
$0.08
$0.10
$0.10
$0.36
0.79%
0.60%
2006
$60.34
$44.70
$0.10
$0.10
$0.12
$0.12
$0.44
0.98%
0.73%
2007
$70.75
$48.85
$0.12
$0.12
$0.14
$0.14
$0.52
1.06%
0.73%
2008
$59.55
$25.60
$0.14
$0.14
$0.16
$0.16
$0.60
2.34%
1.01%
2009
$51.77
$25.00
$0.16
$0.16
$0.17
$0.17
$0.66
2.64%
1.27%
2010
$60.65
$48.23
$0.17
$0.17
$0.25
$0.25
$0.84
1.74%
1.38%
2011
$60.97
$45.28
$0.25
$0.25
$0.30
$0.30
$1.10
2.43%
1.80%
2012
$65.80
$47.25
$0.30
$0.30
$0.36
$0.36
$1.32
2.79%
2.01%
2013
$73.50
$58.01
$0.36
$0.36
$0.43
$0.43
$1.58
2.72%
2.15%
2014


$0.43
$0.43
$0.52
$0.52
$1.90


2015


$0.52
$0.52
$0.52
$0.52
$2.08









13y ave
1.63%
1.07%







5y ave
2.47%
1.72%







3y ave
2.65%
1.99%







5y
$84.36
$120.65







3y
$78.52
$104.70






Super Cheap
$74.45







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