Q: Hi 5i,
All these questions about BCE and it's dividend has me worried about the other two in the industry. Could you comment on T and RCI's debt load, payout ratios, dividend sustainability, and earning growth rates?
Also, separate/unrelated comment: It would be great to be able to do a search on a company and have BOTH the Canadian and U.S. questions both come back together. It's a bit of a pain to have to do two separate searches and then manually read them in chronological order. Well, it is the season...and I thought I'd just ask... :)
TIA
All these questions about BCE and it's dividend has me worried about the other two in the industry. Could you comment on T and RCI's debt load, payout ratios, dividend sustainability, and earning growth rates?
Also, separate/unrelated comment: It would be great to be able to do a search on a company and have BOTH the Canadian and U.S. questions both come back together. It's a bit of a pain to have to do two separate searches and then manually read them in chronological order. Well, it is the season...and I thought I'd just ask... :)
TIA
5i Research Answer:
T has $28.9B in debt, against $5B in operating cash flow. 12-month operating cash flow payout ratio is 30%. It recently raised its dividend and we would have low concern on its sustainability. EPS growth rate is expected in the 5% to 7% range.
RCI.B has $45.9B debt against $5.9B cash flow. Payout ratio 14%. It is focusing on debt and has not raised its dividend in five years, but we would not see sustainability as a concern. Growth rate 7% to 9%. 2) Because searches are done by symbols, the stated request is very difficult. We try to ensure the symbol used in the question is for the main trading exchange, but this does not always happen. But bringing up both on one stock would require an entirely new search system.