EMPIRE COMPANY LIMITED (TSX: EMP.A) is a Canadian company headquartered in Stellarton, Nova Scotia. Our key businesses are food retailing and related real estate, through wholly-owned subsidiary Sobeys Inc., and a 41.5% equity accounted interest in Crombie REIT. With $24.6 billion in annualized sales and $9.1 billion in assets, Empire and its subsidiaries, franchisees and affiliates employ approximately 125,000 people.
EMP.A (I averaged down):
Number of shares purchased
Price per share
Total cost per share
Annual dividend per share
Initial dividend yield
Increase in forward 12-month dividends
My initial purchase of EMP.A was on March 14, 2016: 145 shares @ $22.27.
With this purchase, my 12-month forward dividend income is $11,139.
On August 9, 2009, I bought 495 shares of EMP.A @ $13.73. The dividend yield was 1.8%.
I sold these shares on July 9, 2014 @ $23.73 because of low dividend yield + low dividend growth.