Hi everyone it’s been a couple weeks since my last post and I thought I would provide a small update on what I’ve been doing in October. October has been a quiet month for me I’ve made two purchases which I will mention below. Since I have maxed out my Tax Free Savings Account (TFSA) I can’t put any new money in until January so I put the dividend money I receive to work right away if possible. Having said that I will probably start having these monthly wrap up posts from now on. I don’t think it makes a lot of sense to right a post about buying two or three shares of a stock.
So as mentioned above I made two purchases both in my TFSA account in October and both were for the same stock Telus.
My first purchase was on October 2nd and I bought 13 shares @ $23.44 per share.
My second purchase happened on the 22nd when I added another 5 shares @ $23.56 per share
Telus currently pays a quarterly dividend of $0.29125, so these 18 shares will provide me $5.24 in quarterly income and $20.96 annually. I’m currently looking to add another 25 shares of Telus in my TFSA account.
How was your October?
Thanks for reading!