RECENT BUY - (NYSE: BNS)

WE RECENTLY PURCHASED THE FOLLOWING

BANK OF NOVA SCOTIA (BNS)

Purchased 10 shares of BNS on 8/26/2015 at $42.80
Total Spent: $428.00

This morning, with Bank of Nova Scotia (BNS) seemingly this month's ASK THE READERS pick, we decided to place an order to buy 10 shares of BNS.  In case you missed it, we asked our readers to pick a stock between BHP Billiton (BBL), Bank of Nova Scotia (BNS), International Business Machine (IBM), and Walmart Stores (WMT).  At the time of this write up, the final tally was: BNS-5, WMT-4, IBM-1, and BBL-0.  We were not surprised by the top two picks based on the popular buys lately, but we were somewhat surprised that BBL did not receive a single vote. Regardless, we were happy to be adding 10 more shares of BNS to our family's dividend stocks portfolio. 

Company Description

From Google Finance:

“The Bank of Nova Scotia (the Bank) is a Canada-based diversified financial institution. The Bank offered a range of products and services, including retail, commercial, corporate and investment banking to more than 21 million customers in more than 55 countries around the world. The Bank has four business lines: Canadian Banking, International Banking, Scotia Capital and Global Wealth Management. The Canadian Banking segment provided a range of banking and investing services to more than 7.7 million customers across Canada, through a network of 1,190 branches, 3,869 automated banking machine (ABMs), as well as telephone, Internet banking and third-party channels. International Banking includes Scotiabank’s retail and commercial banking operations in more than 55 countries outside Canada. Global Wealth Management (GWM) consists of wealth management insurance and Global Transaction Banking businesses”

With the recent purchase Bank of Nova Scotio (BNS), our estimated forward dividends grew another $20,40, putting our yearly dividends at approximately $3,086/year (excluding our Edwards Jones account) and $3,444/year (including our Edward Jones account).

Since we had already held BNS shares in our family's dividend stocks portfolios (WF and EJ Accounts), the portfolio remains unchanged at a total of 46 different dividend paying stocks/ETFs and also 4 companies that either don't pay a dividend our has currently suspended their dividends.

Our family's dividend stocks portfolio may be found

by clicking on the link below:

DIVIDEND STOCKS PORTFOLIO

We also maintain an extensive list of stock analysis

that can be access through the link below:

COLLECTION OF STOCK ANALYSES

We also just started a list of Recent Buys by other bloggers

that can be access through the link below:

COLLECTION OF RECENT BUYS

HERE IS A QUICK FACT SHEET FOR THE STOCK I JUST PURCHASED:

BANK OF NOVA SCOTIA (BNS)

P/E: 9.58
Payout Ratio: 46.44%
Dividend Yield: 5.07%
4 consecutive years of dividend increases
Last Ex-dividend date: 7/2/2015

Next Ex-dividend date: approx. - 10/2/2015
Have paid a dividend since: 1834 (181 years!)
Pays a dividend 4 times a year.
Market Cap: 53.1 Billion
52-week high: $67.75
52-week low: $39.55
Purchased Price: $42.80

What are your thoughts about my recent purchase?

What are you buying?

ASK THE READERS - Should I buy BBL, BNS, IBM or WMT?

We started this series back in November of 2014 as a way to add some fun to our buying process. We plan to continue doing these Ask the Reader post once a month (except when funds are limited) and will be maintaining the stocks purchased in a separate portfolio just to see how they perform. 

The four stocks we have chosen are stocks that are currently at the top of our watch list and thus stocks we would be comfortable buying regardless of the outcome.  But we thought it would be fun to get our readers input and see if collectively, we can all beat the market with this interactive portfolio. :) 

Below is a chart below of our ASK THE READER purchases to date: 



For each ASK THE READER post, we will select 3-4 current stocks on our watch list that we feel are worth buying.  But to add some fun into our buying process, we have decided to put our faith in our fellow bloggers and readers once a month. 

Please spend a few minutes to vote for ONE stock from the companies listed below.  Tell us why you like the stock that you picked. 

Thanks in advance for your STOCK PICK!

STOCK #1 - BHP Billiton Plc (BBL)

• Sector: Industrial Metals and Minerals
• Market Cap: 87.8 Billion
• Dividend Yield: 7.51% 
• Consecutive years of dividend increase: 12 Years
• Paying Dividends Since: 2002 (13 years)
• Payout Ratio: 66.99%
• P/E Ratio: 6.37

STOCK #2 - Bank of Nova Scotia (BNS)

• Sector: Banks - Global
• Market Cap: 52.8 Billion
• Dividend Yield: 4.94% 
• Consecutive years of dividend increase: 4 Years
• Paying Dividends Since: 1834 (181 years!!)
• Payout Ratio: 46.44%
• P/E Ratio: 9.52

STOCK #4 - International Business Machine (IBM)

• Sector: Informational Technology Services
• Market Cap: 145.8 Billion
• Dividend Yield: 3.49% 
• Consecutive years of dividend increase: 19 Years
• Paying Dividends Since: 1916 (99 years)
• Payout Ratio: 30.63%
• P/E Ratio: 12.97

STOCK #3 - Wal-Mart Stores (WMT)

• Sector: Discount Stores
• Market Cap: 214.2 Billion
• Dividend Yield: 2.95% 
• Consecutive years of dividend increase: 40 Years
• Paying Dividends Since:  1973 (42 years)
• Payout Ratio: 39.7%
• P/E Ratio: 13.89

For this months ASK THE READERS selection, we selected 4 companies that we already hold in our family's dividend stock portfolio.  Although we track these purchases separately, the stock we buy will still ultimately lower our cost basis. With the overall market in the midst of what appears to be a correction, we are actually thinking about possibly buying two the of four listed here.

**LET US KNOW WHICH STOCK YOU WOULD PICK AND WHY**

RECENT BUY - (NYSE: BNS)

WE RECENTLY PURCHASED THE FOLLOWING

BANK OF NOVA SCOTIA (BNS)

Purchased 9 shares of BNS on 8/17/2015 at $46.50
Total Spent: $418.50

On Monday, we decided to pick up 9 shares of BNS (Bank of Nova Scotia). And with our purchase of BNS, we added another NEW company to our family's dividend stocks portfolio.  BNS is now the second Canadian Bank stock we hold in the portfolio.  We also currently own 20 shares of Toronto Dominion Bank (TD).  I must say that we are extremely happy to be increasing our exposure to Canadian Banks at existing valuations.

Company Description

From Google Finance:

“The Bank of Nova Scotia (the Bank) is a Canada-based diversified financial institution. The Bank offered a range of products and services, including retail, commercial, corporate and investment banking to more than 21 million customers in more than 55 countries around the world. The Bank has four business lines: Canadian Banking, International Banking, Scotia Capital and Global Wealth Management. The Canadian Banking segment provided a range of banking and investing services to more than 7.7 million customers across Canada, through a network of 1,190 branches, 3,869 automated banking machine (ABMs), as well as telephone, Internet banking and third-party channels. International Banking includes Scotiabank’s retail and commercial banking operations in more than 55 countries outside Canada. Global Wealth Management (GWM) consists of wealth management insurance and Global Transaction Banking businesses”

With the recent purchase Bank of Nova Scotio (BNS), our estimated forward dividends grew another $19.29, putting our yearly dividends at approximately $3,066/year (excluding our Edwards Jones account) and $3,424/year (including our Edward Jones account).

As mentioned previously, our recent purchase of BNS added a new holding to our family's dividend stocks portfolio. So we now have a total of 46 different dividend paying stocks/ETFs in our family's dividend stocks portfolios (WF and EJ Accounts).  We also own stocks in 4 companies that either don't pay a dividend our has currently suspended their dividends

Our family's dividend stocks portfolio may be found

by clicking on the link below:

DIVIDEND STOCKS PORTFOLIO

We also maintain an extensive list of stock analysis

that can be access through the link below:

COLLECTION OF STOCK ANALYSES

We also just started a list of Recent Buys by other bloggers

that can be access through the link below:

COLLECTION OF RECENT BUYS

HERE IS A QUICK FACT SHEET FOR THE STOCK I JUST PURCHASED:

BANK OF NOVA SCOTIA (BNS)

P/E: 10.12
Payout Ratio: 46.44%
Dividend Yield: 4.62%
4 consecutive years of dividend increases
Last Ex-dividend date: 7/2/2015

Next Ex-dividend date: approx. - 10/2/2015
Have paid a dividend since: 1834 (181 years!)
Pays a dividend 4 times a year.
Market Cap: 56.2 Billion
52-week high: $67.75
52-week low: $46.15
Purchased Price: $46.50

What are your thoughts about my recent purchase?

What are you buying?

ASK THE READERS - Should I buy ARLP, BNS, PM, XOM?

ARLP, BNS, PM, XOM?

We started this series back in November as a way to add some fun to our buying process. We plan to continue doing these Ask the Reader post once a month (except when funds are limited) and will be maintaining the stocks purchased in a separate portfolio just to see how they perform. 

 

The four stocks we have chosen each month are stocks that are at the top of our watch list and thus stocks we would be comfortable buying regardless of the outcome.  But we thought it would be fun to get our readers input and see if collectively, we can all beat the market with this interactive portfolio. :) 

Below is a chart below of our ASK THE READER purchases to date: 



So for each ASK THE READER post, we will select four stocks on our watch list that we feel are worth buying.  But to add some fun into our buying process, we have decided to put our faith in our fellow bloggers and readers once a month. 

 

Please spend a few minutes to vote for ONE stock from the four companies listed below.  Tell us why you like the stock that you picked. 

Thanks in advance for your STOCK PICK!
 

STOCK #1 Alliance Resource Partners (ARLP)

• Sector: Materials - Metals & Mining
• Market Cap: 2.5 Billion
• Dividend Yield: 7.4% 
• Consecutive years of dividend increase: 12 Years
• Paying Dividends Since: 1999
• Payout Ratio: 53%
• P/E Ratio: 7.16

 

STOCK #2 Bank of Nova Scotia (BNS)

• Sector: Finance - Banking & Savings (Canadian)
• Market Cap: 61.0 Billion
• Dividend Yield: 4.30% 
• Consecutive years of dividend increase: 4 Years
• Paying Dividends Since: 1834 
• Payout Ratio: 51%
• P/E Ratio: 11.32



STOCK #3 Phillip Morris (PM)

• Sector: Consumer Products - Tobacco
• Market Cap: 122.9 Billion
• Dividend Yield: 5.0% 
• Consecutive years of dividend increase: 6 Years
• Paying Dividends Since: 2008
• Payout Ratio: 82%
• P/E Ratio: 16.69

STOCK #4 Exxon Mobil (XOM)

• Sector: Energy - Oil & Gas
• Market Cap: 354.6 Billion
• Dividend Yield: 3.3% 
• Consecutive years of dividend increase: 32 Years
• Paying Dividends Since: 1882
• Payout Ratio: 36%
• P/E Ratio: 11.13

**LET US KNOW WHICH STOCK YOU WOULD PICK AND WHY**

ASK THE READERS: Should I buy BBL, UL, XOM, or BNS?

Just thought we'd try something new for our next stock purchase.  We have four stocks that are at the top of our watch list but cannot seem to make up our minds on which one we like better.  So my wife came up with the idea of asking fellow bloggers and our readers what they thought we should buy. 

So here I am reaching out to anyone who is willing to spend a few minutes to vote for one stock from this group that you would consider buying in the upcoming week.  Please briefly tell us why you like the stock that you picked. 

If all goes well, I hope to post results of the voting as well as our stock purchase a week from today.  Thanks in advance for your contribution!

STOCK #1 (BBL)

• Sector: Materials - Metals & Mining
• Market Cap: 93 Billion
• Dividend Yield: 4.26% 
• Consecutive years of dividend increase: 11 Years
• Paying Dividends Since: 1990
• Payout Ratio: 56%
• P/E Ratio: 11.6

STOCK #2 (UL)

• Sector: Consumer Products - Food & Beverage
• Market Cap: 52 Billion
• Dividend Yield: 3.58% 
• Consecutive years of dividend increase: 2 Years
• Paying Dividends Since: 1999 
• Payout Ratio: 64%
• P/E Ratio: 16.6

STOCK #3 (XOM)

• Sector: Energy - Oil & Gas
• Market Cap: 402 Billion
• Dividend Yield: 2.90% 
• Consecutive years of dividend increase: 31 Years
• Paying Dividends Since: 1882
• Payout Ratio: 35%
• P/E Ratio: 11.97

STOCK #4 (BNS)

• Sector: Finance - Banking & Savings
• Market Cap: 83 Billion
• Dividend Yield: 3.96% 
• Consecutive years of dividend increase: 3 Years
• Paying Dividends Since: 1832
• Payout Ratio: 42%
• P/E Ratio: 10.32

**LET US KNOW WHICH STOCK YOU WOULD PICK AND WHY**