Social Icons

Wednesday, May 25, 2022

Bank of Nova Scotia (BNS) boost up its dividend distribution. LET'S GO! :-)

I was going to start this post with an "I hope you enjoyed the long weekend", but I know it's been a very rough one for too many Canadians. Some still don't have electricity yet. For the past few days, even in New Brunswick, the weather had been quite hot, so warm that I needed to buy some summer clothes as my summer wardrobe is all in Montreal... We heard some strong thunder in the sky during the weekend, and we got heavy rain, but nothing devastating. Where I am located in New Brunswick, we are in a valley, which seems to protect us from any bad weather. We are surrounded by mountains, as you can see from those pictures. You simply cannot have a more beautiful backward than this.




We have also some beautiful flowers coming out all over the place:



















Today, the fabulous Bank of Nova Scotia (BNS) announced an increase in its dividend distribution. Luckily, this brings my annual dividend income to exactly $11,228.86. When it comes to my non-registered ad TFSA, my dividend income is now equivalent to over $780, which is quite good. I had a small amount available in my TFSA, so I decided to invest in the Canadian Imperial Bank Of Commerce (CM). Bank of Montreal (BMO) also came with its Q2 result, but they were barely met. I own many of the big bank stocks - BNS, CM, RY, TD. Bank of Montreal (BMO) is not from my investment portfolio, and there are some good reasons behind that. One of those reasons is quite simple: I only want to hold on to the best Canadian banks in my portfolio and Bank of Montreal (BMO) is simply not up to my standards. I never found Bank of Montreal (BMO) to be an interesting and appealing stock.

The TSX closed today's session at 20,383.75 points. My non-registered portfolio closed today session at $146,584.68, my US portfolio at $4,829.32, my RRSP stocks-only portfolio at $65,254.34 and my TFSA portfolio at $122,153.64.  

I am leaving really soon for Montreal and I am somewhat excited. 

In the meantime, I have quite some stuff to do as I am cleaning up my papers and everything. I already went through many papers and old floppy disk stuff, which really helped to clean up some drawers. Back in the days (I am talking of more than 20 years ago), the only way to save files from a computer was by using floppy disks - and maybe also by burning a disk. The only way to have a backup for files was to copy them again on another floppy disk... I was the queen of backup disks because I had so many of them... Those floppy disks took some serious space, were heavy (when you had many of them), and were so not convenient! But now, I am proud to say that I have put all of those floppy content on my laptop, I also put a copy on two external hard drives, and one day, I will go through all those files' content... One day. For now, that floppy cleaning process had been done, and it was quite liberating. I still have a lot to do in my papers, unfortunately, but I did quite a lot.

Actually, I am looking forward to reducing the things that I don't need and reducing my mass of papers. I am slowly getting there.

2 comments:

Mary White said...

And now Royal Bank has given a nice raise too!! :)

Sunny said...

I know! It's amazing. And CM as well! This is exciting!! :)))

 

Thank you

Thank you for visiting!
 
Blogger Templates