Investment Q&A

Q: Opinion

Q: I am planning to set up the Smith Manoeuvre to accelerate my mortgage re-payment and invest in a solid blue chip portfolio of dividend stocks , interest tax deductibility etc..I am trying to create a solid stock portfolio and I'm looking for 8 - 12 names, well diversified, targeting around 5% yield give or take a bit but 5% average would be good to cover the interest cost, trying to make this cash flow neutral.
I came up with a few names and looking for your opinion.
BCE , FTS, Manu Life, AC, AQN, Sunlife, Telus, BMO, PWF, Trans Canada, SHOP

Q: Re Mike's question on NPI's sudden falloff today. Apparently the CEO or founder - not clear which - sold $654 million worth of his shares in a bought deal.
https://twitter.com/BarrySchwartzBW/status/1338969613716107274

Q: I sold ENB for tax loss purposes. My interest is capital gains and a good dividend. Should I replace the sold holding with ENB, KMI, PPL, or TRP? I like both ENB and TRP but find it hard to choose between the two. What would you recommend among the four and why?

Q: Hello 5i. I am an income investor looking to invest in the energy sector. Which would be your preference between Topaz and Keyera right now, and why? Thanks as always for the great service you provide.

Q: Hi 5i,
I had seen a report you produce earlier this year listing the companies that cut their dividends. I thought you were going to update it regularly. I am having difficulty locating it in the website. Would you please provide the path to it. Thanks

Q: hello 5i:
You were recently asked a question about which stock would be your first purchase if you were a fund manager and you chose CRWD. A different type of question: you are now the fund manager of a Canadian Income fund: what would be your first purchase? If the answer is different, what would be your first purchase for a stock that would act more like a GIC, but with a better yield?
Paul L

Q: What do you think of hutl as a income play ?

Q: I am considering selling OVV at a considerable loss and replacing it with Whitecap for the 30 day tax loss. At that time I will compare the progress of the 2 stocks to decide whether to stay with WCP or move back to OVV. I’m inclined to think I should stay with WCP as they have a good dividend and I already have some shares. I would not be overweight in WCP. Is there a different oil stock you would suggest instead of WCP?
Thanks for your always great advise.
John

What do you think of my strategy and what are your thoughts on the 2 companies.

Q: Good morning, I have room for one more stock in my income portfolio. I hold many of the stocks in your income portfolio. Could you list 3 choices for a dividend of at least 2% with growth possibilities as well. I don't really need the cash at this point so I'm happy to liven up this account with some growth.
Thanks for your advice.

Q: Hi,
In a recent question from Jacques about renewable energy, you respond:
We would suggest; BEP.UN, AQN, BLX, NPI
Where does FTS fit in this list?
I own BEP.UN and FTS and considering selling FTS and replace with any of the other 3. Would you agree with such a move? What would be your ranking of these 5 companies in order?
Thanks

Q: 11:26 AM 12/11/2020
I am interested in TCL.A. Nice dividend growing slowly and good share price growth from 2012 to September 2018 when it was over $28. Then a sudden plunge downhill to May this year at under $10, with Covid just one more small bump along the way.

What happened in Sept 2018 to trigger the plunge?

Now the company appears to be doing well but I worry that they are in print media which is a sunset business. How much of their business and income is geared to printing? And are they reducing dependence on printing and if so what is the replacement income source?

Overall what is your opinion of this company for an income/growth investor for a very long term hold? It has always seemed a bit less than exciting to me but the dividend if it continues to grow, is appealing these days.

Would you buy now or could you suggest 2 or 3 other companies with a growing 4%+ dividend that you might like better in the same or similar space?
Thank you...... Paul K.

Q: How do you feel about the latest earnings report? They raised the dividend, usually means that they are confident about the future, tempered by the fact that they had cut it by over 50% a couple of years ago.
Thanks
Keep safe

Q: Presently hold Enbridge shares in a couple different accounts. ENB is down considerably from purchase - would like to sell as tax loss. what would you recommend as a solid replacement.

Q: Thinking of adding some telecom/media exposure to my portfolio. BCE is the only one in your portfolios. Would you buy BCE right now or do one of the others offer a better buying opportunity currently. 5 year hold, I follow a hybrid of growth and income portfolios with more recent moves toward income thus the interest in these names. Or is it evan a good time to buy into this sectors?

Q: Good day all.
I've read a note at Motley Fools that An IPO of TELUS International is planned for Q1 of 2021. Are you aware of this? If yes can you elaborate on how the current investors would be involved? Would we get shares of the new entity? If we got a special distribution would it be taxable as a special dividend? Do we have an idea on the split would work?

Thank you for leading us through these tough times.

Yves

Q: Evertz has reported and looks better than the last quarter. What information can you parse from this Q release to help a shareholder looking forward? Will you be listening to the call and, if so, could you report on what you hear?

Q: Thoughts on Evertz latest quarter and future prospects. I see they declared an .18 dividend so I presume the divvy should be reasonably safe going forward.
Thanks and Happy Holidays to the 5i team.

Q: Hello 5i,
I was looking up some old answers about AD. An old answer from Sept. 19, 2019 states that AD had an ongoing tax dispute with CRA and potentially the US Treasury. Have these issues been resolved with the AD.UN income trust structure? Are these issues still a potential overhang for the AD.UN structure?

thanks for your insight

Q: Hi,

I have no utilities exposure at the moment. Looking or a Company with a nice yield that has part of their business in renewables since this is a trend going forward. I will also hold this name outside of my RRSP and TFSA for dividend distribution is ideal rather than other forms of return on investment. I am thinking of a 4% position given record low interest rates and the fact they MAY rise sometime in 2022 or beyond. My questions are: 1- Do you think 4% is a good weighting for the utility sector given current environment? 2- Which is your preferred name among these 3? I am leaning towards AQN for dividend level and the fact that it is paid as a dividend as well as the fact that some of the business is in renewables and they have a nice growth profile.

Thank you so much,
Jason