tag:blogger.com,1999:blog-6587699706949333863.post3491681263197985615..comments2024-03-27T23:39:33.499-05:00Comments on Passive Income Pursuit: Dividend Growth Investing at Work - Higher Dividends from Our Neighbor to the NorthPassive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-6587699706949333863.post-14284950024049684482016-03-29T18:29:31.470-05:002016-03-29T18:29:31.470-05:00Dividend Planet,
Oil has me just as worried as t...Dividend Planet, <br /><br />Oil has me just as worried as the property market. Canada's economy is largely commodity based and almost every commodity they produce is near cyclical troughs. The problem is that with the oil industry slow down in Canada that could potentially lead to the housing bubble bursting. If people lose their jobs but there aren't enough jobs available to absorb the newly unemployed that could lead to mortgage payments being skipped.<br /><br />I still like the CDN banks though even though I have some worries about the sector. BNS has been solid for me and they have pretty broad geographic diversification to help smooth things out if the CDN economy lags.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-56286065166943626992016-03-29T04:01:08.549-05:002016-03-29T04:01:08.549-05:00I bought BNS mid January, so I'm glad to be a ...I bought BNS mid January, so I'm glad to be a fellow shareholder. I'm not that worried about oil, what keeps me awake at night is the Canadian property market. DividendPlanet.comhttps://dividendplanet.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-75106855972433557022016-03-02T13:53:10.555-06:002016-03-02T13:53:10.555-06:00Dividend Beginner,
BNS is excellent but I think ...Dividend Beginner, <br /><br />BNS is excellent but I think I like TD a bit more than them from a company standpoint. I love the multiple increase each year. A little bit quicker compounding is always a plus.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-27963032067939574072016-03-02T13:50:42.017-06:002016-03-02T13:50:42.017-06:00IH,
The Canadian banks look solid here and I'...IH, <br /><br />The Canadian banks look solid here and I'd love to add to my positions in them. Continued dividend increases and conservatively run. Plus banks make money on the interest rate spread rather than the interest rate themselves which means they make money in any economic environment.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-52061762692643957542016-03-02T10:58:44.651-06:002016-03-02T10:58:44.651-06:00Gotta love BNS, a dividend increase on a stock tha...Gotta love BNS, a dividend increase on a stock that is way undervalued. Anonymoushttps://www.blogger.com/profile/15330040244289368427noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-14789792978538611662016-03-02T10:18:54.113-06:002016-03-02T10:18:54.113-06:00Hey JC,
Congrats on the increase! Got it over he...Hey JC, <br /><br />Congrats on the increase! Got it over here too. I think BNS is slowly becoming my favourite Canadian bank, actually. The earnings were good, too. 10 dividend increases in two months must feel amazing. Going for that same effect, slowly but surely. <br /><br />DBDividend Beginnerhttp://www.dividendbeginner.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-52365673878138156412016-03-02T07:08:03.485-06:002016-03-02T07:08:03.485-06:00Those are some hefty positions in the Canadian ban...Those are some hefty positions in the Canadian banks and I'm sure you're loving those dividends. From an operational/regulation standpoint I much prefer the Canadian banks to their US counterparts. Although I do have some concerns regarding the Canadian economy/housing market especially if the commodity crush continues on. <br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-52448627466514035992016-03-02T07:05:55.161-06:002016-03-02T07:05:55.161-06:00Vivianne,
I prefer the 2 smaller increases throu...Vivianne, <br /><br />I prefer the 2 smaller increases throughout the year but many companies just give one larger one. That little bit of extra compounding can't hurt.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-43363130859131514412016-03-02T07:04:53.169-06:002016-03-02T07:04:53.169-06:00Scott,
I only own BNS and TD of the Canadian ban...Scott, <br /><br />I only own BNS and TD of the Canadian banks but RY looks attractive as well. Like you I'm hoping to build these positions up over time. <br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-57826448735369876332016-03-01T19:29:02.246-06:002016-03-01T19:29:02.246-06:00My wife and I own 3533 BNS shares (the TSX listing...My wife and I own 3533 BNS shares (the TSX listing) since we live in Canada and owning the US listed shares would result in a 15% withholding tax on all dividends. Two small increases per year is fine with us.<br /><br />We also own a few thousand shares of each of the other major Canadian FIs (RBC, CIBC, BMO, and TD). We are reasonably confident the dividends will continue to flow to us once we retire. These banks, in my opinion, are "put your head on the pillow and sleep well" investments.Chuckhttps://www.blogger.com/profile/12838738925643211115noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-91906715883265660112016-03-01T16:23:07.510-06:002016-03-01T16:23:07.510-06:00I have 10 shares of BNS. I'd prefer 2 small in...I have 10 shares of BNS. I'd prefer 2 small increases per year!! haha! Compound interest effects is much better! And as dividend growth investors, I'm in for the long hall, and pennies do matter!Viviannehttp://wellroundedinvestor.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-47350582453116655922016-03-01T14:08:18.379-06:002016-03-01T14:08:18.379-06:00I don't own BNS but did just purchase shares o...I don't own BNS but did just purchase shares of RY in my Roth. I'd hoping to invest more in the Canadian bank stocks whenever I can. BNS looks like one to consider. Thanks for the writeup.<br /><br />As far as dividend increases, I guess I'd prefer two smaller raises throughout the year rather than one larger one...every little bit of compounding helps!<br /><br />ScottScott @ Two Investinghttp://www.twoinvesting.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-60336490237184352732016-03-01T12:11:03.620-06:002016-03-01T12:11:03.620-06:00R2R,
It's great to see another raise coming ...R2R, <br /><br />It's great to see another raise coming through despite the craziness of the markets so far in 2016 the dividends keep coming in and keeping getting bumped up. 10 raises so far and many more to come this year.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-50544746182922555422016-03-01T08:07:38.585-06:002016-03-01T08:07:38.585-06:00Congrats on the raise, JC. Love the reliable divid...Congrats on the raise, JC. Love the reliable dividend increases that keep coming year after year from the banks :)<br /><br />cheers<br />R2RRoadmap2Retirehttps://www.blogger.com/profile/14379818667071736766noreply@blogger.com