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#1 |
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Member
Join Date: Apr 2009
Location: London, Ontario
Posts: 66
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I posted an article on my site discussing this concept, but I wanted to get input from members here as well.
Basically The Ultimate DRIP-folio is a concept I came up with a short while ago for the potential of constructing/developing a diversified income portfolio that concentrates on re-investing dividends through a DRIP or SPP that a number of investors can share resources on. What I'd like to know are members' top choices (5-10) for DRIP eligible stocks that they would include in a portfolio or have in a portfolio already. Here are my top choices in no particular order: ALA.UN BNS CWT.UN COS.UN ENB FTS IPL.UN MFC REI.UN SJR.B T TD TRI TRP
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Triaging My Way To Financial Success - A Source for Value & Dividend Investing |
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#2 |
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Administrator
Join Date: Oct 2008
Location: Newfoundland
Posts: 421
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Do any of these stocks offer a discount if you DRIP them? The stocks I like (and own) are:
BNS, CWT.UN, COS.UN, ENB, FTS, MFC, REI.UN, TD, TRP.
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Million Dollar Journey - Follow my journey to one million in net worth.. |
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#3 |
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Member
Join Date: Apr 2009
Location: London, Ontario
Posts: 66
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I know that TD just announced a discount (I believe 2%) but this is partly why I wanted to do this exercise. If we could all pool resources together we might find out about some nice discounts on companies we already own and get a discount of up to 3% or more for some stocks we hold.
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Triaging My Way To Financial Success - A Source for Value & Dividend Investing |
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#4 |
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Senior Member
Join Date: Apr 2009
Location: Winnipeg
Posts: 131
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Another high yielding stock that is popular for its drip is ax.un
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Follow my trades on Twitter at http://twitter.com/trader_ca |
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#5 |
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Member
Join Date: May 2009
Posts: 59
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#6 |
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Administrator
Join Date: Mar 2009
Location: Ottawa, Ontario
Posts: 652
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I think Royal and BMO offer a DRIP discount.
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Canadian Capitalist -- A Canadian Personal Finance Blog |
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#7 |
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Senior Member
Join Date: Jun 2009
Posts: 190
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Here is a link for some of the DRIP discounts:
http://cdndrips.blogspot.com/ Also...Brad911...are your DRIPs set up in a registered account or non? As some of the selections may be better suited for registered, than non. |
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#8 |
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Senior Member
Join Date: Apr 2009
Posts: 125
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I'm not suggesting or recommending it, but I do know CSH.UN offers a 3% drip discount, although I think it's a 1000 share minimum before they'll do the drip.
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#9 |
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Junior Member
Join Date: Apr 2009
Posts: 4
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It will be interesting to compare your picks against cbz.to or xdv.to.
Here are my picks: BCE, FTS, IPL.UN, TD, TRP |
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#10 |
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Member
Join Date: Apr 2009
Posts: 35
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Are we distinguishing real/full/traditional DRIPs from synthetic DRIPs offered through the banks?
I go with the "full" DRIPs and don't like any that have high minimum OCP amounts (high for me right now is $500). My current faves are probably: T TA TRP (discount) ENB (discount) BA.UN REI.UN BNS |
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