Thursday, August 15, 2024

Bank of Montreal

I want to talking about stocks I have had for the long term. This is basically what I have been talking about. Buy good companies and keep them. The next one to talk about is Bank of Montreal (TSX-BMO, NYSE-BMO) which I first bought in 1983. I only have figures in Quicken from 1987, but I currently have a total return of 14.97% per year with 7.78% from capital gains and 7.19% from dividends to August 10, 2024.

I made several purchases in my trading account and pension account. The last one being in my pension account in 2013. In my Trading account where I have added in 1987 (because Quicken only has values from 1987, not the date of purchase of 1982), and sale of 100 shares in 2010, I have made 15.22% per year with 8.15% from capital gains and 7.07% from dividends. Between buying shares in 1982 and 1987. I used the dividend reinvestment plan to purchase more shares.

In my pension account, I bought shares in 2008 and 2013 and I have made a total return per year of 10.97% with 5.54% from capital gains and 5.43% from dividends.

On my other blog I wrote yesterday about GFL Environmental Inc (TSX-GFL, NYSE-GFL) ... learn more. Next, I will write about Aecon Group Inc (TSX-ARE, OTC-AEGXF) ... learn more on Friday, August 16, 2024 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

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