Taking profits on Intact Insurance

Intact Financial (IFC.TO) is another stock that no longer meets my screening criteria.  As with Power Corp, which I am also selling, Intact’s price has risen so much that it is no longer good value.  This is good.

  • Sell IFC.TO @ $69.00

I originally bought Intact for $58.60 back on 13th May 2013.  During my period of ownership the stock paid three dividends each 44c.  The total gain was therefore $11.72 per share.  This is a gain of 20.0% in 8 months.  A good call.

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