I re-initiated my position in Bank of Nova Scotia (BNS.TO). After cancelling my DRIP plan with BNS earlier this month, I moved my funds over to a tax-sheltered account and bought the shares. Going forward, I will not be paying any dividend withholding taxes or capital gain taxes on my BNS holding. The stock is still approx 15% undervalued at current levels.
Read my full dividend stock analysis here.