Leon's Furniture

I want to talk 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 Leon's Furniture (TSX-LNF, OTC-LEFUF) which I first bought in 2006 for my Trading account and my RRSP Account. I made additional purchases for both these accounts. I have made 8.86% per year with 5.85% from capital gains 3.01% from dividends.

This stock has a moderate dividend yield of 3.64% currently. I have data on this company going back 35 years and during that time they have increased the dividends 20 times. There have been no decreases. Dividend increases are low (below 8%) at 5.06% over the past 5 years. The last dividend increase was in 2024 and it was for 11%. For my latest blog entry on this company in April 2024, click here.

This has been a good investment for me as it has done well over the long term. It may not be the sort of stock that comes to mind when you want to invest, but it has been a solid investment.

On my other blog I wrote yesterday about Wild Brain Ltd (TSX-WILD, OTC-WLDBF) ... learn more. Next, I will write about Keg Royalties Income Fund (TSX-KEG.UN, OTC-KRIUF) ... learn more on Wednesday, November 27, 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.