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Post by Admin on Jan 27, 2015 21:15:30 GMT
Had this trade in for a few months. Buy target was 36.90. Of course you can never pick the bottom. 33 is an approximate support. However, I took a small position due to the dividend rate.
Long term strategy is to build a portfolio little by little, to average a 4.5% dividend annually + capital growth.
Rogers is a good company to have, specifically for its canadian side business. It is one of the big 3 in communications and television in Canada. On top of that, it has a 4.86% dividend at this price.
Will continue to add to the position in the future.
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