Investment Q&A

Q: I am working to balance out my portfolio; being low in both Consumer cyclical and defensive names. The objective for one purchase is income /modest growth and CTC.A is of interest. It appears (still) in a number of income lists, has a sporadically growing dividend and shows a current dividend of 4.85%. It is down over 22% on the year. I'd appreciate your take on this stock and any insights if you have a worthy competitor for this purchase. Many thanks and a Happy New Year.

Q: Telus's share price has declined recently, making the dividend very attractive for income investors. What would you consider to be the biggest risk of investing in Telus? Is the stock cheap in your estimation? Would you be comfortable in buying at the current share price?

Thanks as always for your expertise.

Q: I am thinking of buying brookfield renewables in my TFSA. Which version is better to buy? Or do you have a better suggestion for the a company in the renewable space?

Q: Hi, Telecom stocks have been weak over past few weeks, perhaps due to bond yields creeping higher, once again. Is there any other reason/news which could have impacted the sector ? Telus, has been particularly soft and broke its 52 weeks low, in today's trading - any ideas, why? How do you foresee this sector and BCE/T performing over 2023 ? Thanks

Q: What are your current top 5 Canadian dividend picks?

Thanks,

Joe

Q: Hi, Does the court approval of Rogers/Shaw deal create competitive disadvantage for Telus business prospects in the near and long term ? Its stock has been in oversold territory with RSI dropping around 25. It made a new 52 weeks low, in today's trading after the Rogers/Shaw news was announced. What are your thoughts ? Thanks

Q: hi. I am still holding AQN. it represents about 3% of my portfolio now. I am considering selling. can you provide me 5 names of dividend companies ( dividends 3.5% or higher please) that you feel will have decent growth ( hopefully gaining back the capital loss from AQN's slide). they do not have to be sector specific, just your highest conviction names, regardless of sector.
cheers, Chris

Q: i own vermilion, cnq, erf, and gear . gear has an 11% yield, no debt, i cant resist.
i want to add one more small to mid cap energy name canadian. i know you like tamarack but it is a weak performer. can you recommend another for growth. dave

Q: The company’s share price has been languishing behind the sector for the last few months. Any particular reasons why? Expectations for 2023? Best of the New Year to all a 5i.

Q: What are your thoughts on Sienna Senior Living Inc. as an investment? Do you see this as a good opportunity at the present time and with good long-term prospects? Seems to have a good dividend yield etc. and wondering if you have any thoughts?

Q: I am picking up oil and gas stocks (with yield). These two stand out. Could tell me how they stand as regards to their book? Which you might prefer? I was thinking of a mix between the two.

Q: My question is, is BEP.UN worth holding at this present time. I am underwater on the stock in a non-registered account, but it does pay an attractive dividend in US dollars. What is the reason that it is dropping in price? In your opinion do you think there will eventually be a price turn around. Thanks … Cal

Q: My question in general is how reasonable is the current valuation for BEP.UN ?

I believe the historic high yield is somewhere around 7%, so we're a long way off from that. I think we're close to 4.9% (?)

P/C seems pretty reasonable now relative to the past, but P/BV is still high compared to the 1.1 low.

How about price/FFO ? I can never find this. What is it currently? I think the low was about 4.6 in the past.

Thanks as always for answering the above, and Merry Christmas to your AWESOME team at 5i.

Q: At an RSI of 75 do you think EIF is buyable right now? I owned it a decade ago and sold at a down time, but it's hard to argue with a move from $15 to $50 over the last 3.5 years. Plus the div. Thank you.

Q: Is now a good time to get back into Canadian Tire? 4.85% dividend at this level, is attractive. Do you think it has potential to revisit the $200 mark in the next 3 years?

Q: FOR A 3-5 YEAR HOLD.

PLEASE GIVE ME YOUR BEST AND SAFEST DIVIDEND PAYING STOCKS

DIVIDEND < 5 %
DIVIDEND 5-6 %
AND
DIVIDEND > 6 %

3-4 IN EACH CATEGORY WOULD BE GREAT THANKS
SECTORS ARE IRRELEVANT, KEY QUALIFIERS ARE QUALITY OF COMPANY AND LONG TERM SAFETY OF DIVIDEND

Q: Good evening,

RNW is down significantly in recent weeks. NWH.UN down as well - just not as much.
In November you suggested NWH.UN was still a hold.
What are your thoughts on these two at this moment in time specially wrt income.

Thanks very much.

Q: Hello 5i Team

I previously owned TransAlta (TA), when they cut the dividend in 2015/2016 and took the capital loss at the time.

I have owned RNW since 2015, so I currently have a small capital gain.

Upon RNW and TA news release on December 15, it appears the future for RNW is not great and several analysts have stated the best course of action would be for TA to take RNW private (similar to what Enbridge did with Enbridge Income Fund in 2018). Otherwise they indicated no dividend growth and a potential future cut in RNW dividend.

Questions are:

1 - Would it make sense to sell my RNW shares and purchase TA shares (essentially trading dividend income for future stock growth).

2 - Consider the RNW and TA not buyable and finally sell out RNW and buy something else. Any suggestions?

3 - Where does Brookfield fit in with Trans Alta, as they previously made a deal in 2018/2109 for a future purchase of TA hydro assets?

Thanks for all the information in the Q&A portion of 5i.

Q: What percentage of a portfilio would you allocate to renewable enegy. I have organized possible holdings into 3 groupings: A. asset allocators, like BEP-un, CWEN; B. technology enhancers, like ARRY, SHLS, RUN, C. Electric utility deliverers: AES, FTS. I would ssk that you recommend a your preferred namres for each grouping. My questions are: 1. Is this a useful way to organize and, if so, what percentage would you allocate to each grouping? 2. Could you rank the stocks in each grouping for safety and growth with suggested [ballpark] entry buy prices? Thanks

Q: Looking to do an “in kind” transfer to my TFSA in Jan - which one would you choose and why?
Much appreciated. ram