Investment Q&A

Q: Please provide your top 10 ranked Canadian and US stock that are dividend aristocrats (at least 5 years of increases annually to their dividend or distribution) in the order you would purchase them.

Q: In our investment accounts, reg and non-reg combined, we have: PSLV @ 3.5%, PHYS @ 3.5%, BCE @ 9.72%, BNS @ 6.6%, KEY @ 3.5% VSC @ 5.7% and ENB @ 6.6%. I have a significant cash balance which is available for the right opportunity. Thus far nothing jumps out as “buy me now”.
We have smaller allocations [2% to 3%] to FTS, MFC, ALA, KEY, SU each and a number at less than 2%.
Given we are retired I’m wondering about increasing some of these allocations on any market general pullback? I usually focus on liquidity and free cash flow as two of my selection criteria as well as comments you make to questions asked of 5i.
Thanks for an advice you can provide.

Q: What are the respective share prices for Torc and Whitecap that the takeover will be based on? If one bought Torc today at lower prices than the predetermined price that was set a couple of weeks ago would you make money on the .57 percentage of Whitecap?

Thanks,
Charlie

Q: I own CU at a loss and am thinking of selling and buying BCE. Is this trade worth doing? Both are down and BCE does pay more or am I selling at the bottom on CU. THANKYOU

Q: Hi Guys
I have owned Atco in the past, and at one point replaced it with Emera that I have done well with too. I noticed today that although they have approx. the same PE, and dividend yield (both yielding about 4.7%) the payout ratio on Atco is only 36% versus 85% for Emera. I was thinking if there was an opportunity to capture a bit of value, and stock appreciation going forward I might swap my Emera for Atco. Your thoughts? Which company do you favour at this time?

Thanks
Stuart

Q: 10:55 AM 12/19/2020
According to the Globe&Mail Dec 18, 2020 the Muskrat Falls hydroelectric project "With full power delayed until September, 2021, the project isn’t generating revenue from ratepayers and payments are coming due."

Both Fortis and Emera will have access to this electricity when it arrives [likely delayed]. How will this affect their businesses? Will they buy electricity and sell it locally and will they transmit to Northeastern US states?

Can or will they charge for transmission through the two undersea cables?

Can we expect this to be a positive event for the two utilities? Is this likely to increase their businesses and income and profit and dividends. I would appreciate your analysis on what to expect for Fortis and Emera
Thank you......... Paul K

Q: Hi,
Following the Dec18 question of Carl on BEP.PR.M, I have a remark about BEP/BIP preferred shares. These are not pure dividend plays. As for BEP/BIP common stock, revenue is a mix of ROC (30%-40%) /dividend and some interest. Could make a difference where you want to hold them, coming tax time…. FYI : Tax links are available for BEP/BIP common and preferred shares at https://bep.brookfield.com/stock-and-distribution/tax-information and https://bip.brookfield.com/stock-and-distribution/tax-information . Cheers to all.

Q: I hold IPL with a large loss position. Your thoughts on selling and moving the proceeds into PPL?
Thanks
Great work!

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.