I will be holding for the long term, with these as my primary reasons for purchase:
- 'Go to' name in Canadian furniture & appliances with large, well located, and well laid out new stores
- Always generate return on equity north of 15% and very low debt level
- Yielding 2.8% and have a solid history of dividend growth
- Conservative, family run, shareholder friendly business with room to grow with potential expansion in under-serviced markets in Western Canada
This now makes up 2.2% of my portfolio.