Recently I made purchase for a long time hold in my TFSA, or tax free savings account..
I averaged down my position of Dundee REIT (D.UN.To)) as Dundee REIT was trading near a 52 week low. I purchased 32 shares @27.25for a total of 877.06 with commissions. The yield on this purchase is 8.75%. This purchased added $71.68 to my annual dividend income. I own Dundee REIT in a non-registered account (300 units) and with this new purchase 89 shares in my TFSA.
Dundee REIT traded on the Toronto Stock Exchange. Dundee REIT is an unincorporated, open-ended real estate investment trust. Dundee REIT owns real estate assets totalling approximately 24.1 million square feet of gross leaseable area in major urban centres across Canada. A couple of years back Dundee REIT acquired Whiterock REIT, which I owned at that time.
I will update my investing portfolio tab in early January.
Disclosure : Long D.UN.TO