Q: Hello 5i. I just wondered when is there earnings date? Is there is track for the stock to get up the it’s NAV in value? And lastly is it a buy?
Thanks.
Thanks.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: I need to top up my utilities exposure and am considering one of Emera or Fortis. Which of these would you recommend or is there a better choice?
Q: My only holding in the communication sector right now is a half position in Telus and I would like to increase my weighting in the sector. Would you recommend that I top it up to a full position or purchase something else in the sector. I am also underweight US equities right now so I would accept a Canadian and/or US recommendation.
Q: I regretfully bought both of these stocks for the high dividend payouts. At this point Im sitting at a 50% loss on both stocks. They each represent a decent chunk of my total portfolio. Also they’re in my TFSA. Should I take the loss on these now or wait them out for a bit? Thanks!
Q: PZA has been on a steady decline since September and is yielding 9.2%
Is this a good entry point or would you speculate that further price erosion is in the cards? Thank you
Is this a good entry point or would you speculate that further price erosion is in the cards? Thank you
Q: Thoughts on results and going forward.
Thanks for your help.
Dale
Thanks for your help.
Dale
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Brookfield Renewable Partners L.P. (BEP.UN)
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Brookfield Property Partners L.P. (BPY.UN)
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Brookfield Infrastructure Partners L.P. (BIP.UN)
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Brookfield Business Partners L.P. (BBU.UN)
Q: Hello 5i Team
Further to previous comments this morning and apologies for the length.
Comments on the Brookfield family of companies, US $ dividends and tax implications.
From the Brookfield website:
Please note that the quarterly dividend payable on Brookfield's Class A Limited Voting Shares is declared in U.S. dollars. Registered shareholders who are U.S. residents receive their dividends in U.S. dollars, unless they request the Cdn. dollar equivalent. Registered shareholders who are Canadian residents receive their dividends in the Cdn. dollar equivalent, unless they request to receive dividends in U.S. dollars. Prior to the September 30, 2016 payment date, the Canadian dollar equivalent of the quarterly dividend was based on the Bank of Canada noon exchange rate on the record date.
Beginning with the March 31, 2017 payment date, the Canadian dollar equivalent of the quarterly dividend is based on the Bank of Canada daily average exchange rate exactly two weeks (or 14 days) prior to the payment date for the dividend.
What this means is the Brookfield entities "declare" their dividends/distributions in US$ and the transfer agent (Computerserve) pays the broker in Canadian dollars (as the broker i.e. beneficial holder is a Canadian resident ) regardless of whether the shares are held in a Canadian or US dollar denominated account. If the shares are held in a US$ dollar account the broker then "buys" US$ to pay the share owner's account. This results in a small under or over payment of the actual dividend/distribution depending on how exchange rates have moved. This is how my brokerage (RBC Direct Investing) explained it.
Further to the tax issues:
The limited partnerships (BBU, BEP, BIP, BPY) pay distributions which are recorded on a T-5013 (and not a T-3 or T-5). The distributions are a combination of eligible dividends, interest income, foreign income, return of capital and other items depending on the entity. Companies have until March 31 to issue each years T-5013 (similar to a T-3 issued for REITs) which results in delays in filing annual income tax. Therefore it is better to hold the LPs in a RRSP/LIRA/TFSA if you want to simplify your annual tax return, however if the entities are held in a RRSP/TFSA there may be foreign withholding tax that cannot be recovered. Previous years breakdown of the distributions can be found on the individual LP's web page. Each individual should review their tax situation with a their individual tax expert.
BIP and now BEP move to create a Canadian Corporation which will issue eligible dividends will make life much simpler from a tax perspective.
Further to previous comments this morning and apologies for the length.
Comments on the Brookfield family of companies, US $ dividends and tax implications.
From the Brookfield website:
Please note that the quarterly dividend payable on Brookfield's Class A Limited Voting Shares is declared in U.S. dollars. Registered shareholders who are U.S. residents receive their dividends in U.S. dollars, unless they request the Cdn. dollar equivalent. Registered shareholders who are Canadian residents receive their dividends in the Cdn. dollar equivalent, unless they request to receive dividends in U.S. dollars. Prior to the September 30, 2016 payment date, the Canadian dollar equivalent of the quarterly dividend was based on the Bank of Canada noon exchange rate on the record date.
Beginning with the March 31, 2017 payment date, the Canadian dollar equivalent of the quarterly dividend is based on the Bank of Canada daily average exchange rate exactly two weeks (or 14 days) prior to the payment date for the dividend.
What this means is the Brookfield entities "declare" their dividends/distributions in US$ and the transfer agent (Computerserve) pays the broker in Canadian dollars (as the broker i.e. beneficial holder is a Canadian resident ) regardless of whether the shares are held in a Canadian or US dollar denominated account. If the shares are held in a US$ dollar account the broker then "buys" US$ to pay the share owner's account. This results in a small under or over payment of the actual dividend/distribution depending on how exchange rates have moved. This is how my brokerage (RBC Direct Investing) explained it.
Further to the tax issues:
The limited partnerships (BBU, BEP, BIP, BPY) pay distributions which are recorded on a T-5013 (and not a T-3 or T-5). The distributions are a combination of eligible dividends, interest income, foreign income, return of capital and other items depending on the entity. Companies have until March 31 to issue each years T-5013 (similar to a T-3 issued for REITs) which results in delays in filing annual income tax. Therefore it is better to hold the LPs in a RRSP/LIRA/TFSA if you want to simplify your annual tax return, however if the entities are held in a RRSP/TFSA there may be foreign withholding tax that cannot be recovered. Previous years breakdown of the distributions can be found on the individual LP's web page. Each individual should review their tax situation with a their individual tax expert.
BIP and now BEP move to create a Canadian Corporation which will issue eligible dividends will make life much simpler from a tax perspective.
Q: I asked a question about Gamehost on Fri. Maybe it got lost because I asked a 2nd Q on FSZ. I notice most q's on Gamehost were actually Q's on Guardant. Your last true answer on Gamehost was back in July.
I am looking over Gamehost for income with the very juicy dividend. I am assuming the fall in price has more to do with Fort Mac woes than base Gamehost earnings? What do you think of Gamehost for income?
I am looking over Gamehost for income with the very juicy dividend. I am assuming the fall in price has more to do with Fort Mac woes than base Gamehost earnings? What do you think of Gamehost for income?
Q: Sounded like a really great 1/4, even the market liked it, your thoughts please, thanks.
Q: What is your opinion following recent quarterly results?
Ken
Ken
Q: The company reported 3rd quarter earnings today and they seem to have beaten estimates. They also increased the dividend by 10%. I think if this stock was not in the oil and gas sector it would be trading much higher. It looks like it is worth owning.
Q: I have a question about Brookfield Asset Management (on the TSX).
There was an earlier question from another person that suggested keeping BAM.A in Registered Accounts as to avoid some very complicated tax filings on its dividend. Can you shed some light on this: Is the dividend an Eligible Dividend under Canadian Tax rules or is it sometimes a combination of various return of capital or ineligible dividends? Also does it pay the dividends in US dollars? It's not very clear from their website. Thanks
There was an earlier question from another person that suggested keeping BAM.A in Registered Accounts as to avoid some very complicated tax filings on its dividend. Can you shed some light on this: Is the dividend an Eligible Dividend under Canadian Tax rules or is it sometimes a combination of various return of capital or ineligible dividends? Also does it pay the dividends in US dollars? It's not very clear from their website. Thanks
Q: Hi,
I am keeping an eye on Stuart Olsen for a possible tax loss selling trade. Would you step in here or perhaps a bit lower in anticipation of a dead cat bounce?
Thanks
I am keeping an eye on Stuart Olsen for a possible tax loss selling trade. Would you step in here or perhaps a bit lower in anticipation of a dead cat bounce?
Thanks
Q: results and opinion
Q: what our your views on their situation in light of damages to their installations. Seems to be on a steady downturn last week or so.
Thanks
Sherrill
Thanks
Sherrill
Q: Have held this stock since Nov 2018. I’m up 42%.
I’m having difficulty deciding whether to sell or hold. Chief factors playing into my decision are interest rates and fuel prices. Your opinion please.
I’m having difficulty deciding whether to sell or hold. Chief factors playing into my decision are interest rates and fuel prices. Your opinion please.
Q: Can I get your opinion on Medical Facilities ? The stock price has been crushed ....any chance of a rebound in 2020?
Q: Could you please comment on NPIs earnings? Thanks.m
Q: telus results - looks good - your opinion please.
Q: With the fall of DR, particularly for income investors, the question is what to do. Michael posed this earlier. What would you advise? You had responded that there is better places to put capital, but such a decline has eroded that capital and reinvesting the reduced amount does not produce much.
How would you advise an investor at this point? Sell, and crystalize the loss and reinvest what little remains? Hold on and wait for a bounce? Settle in for a long wait?
Ideally, investors would have sold before now. I do not see any such advice within your answers, DR was always described as a solid hold and waiting out several quarters was recently recommended.
How would you advise an investor at this point? Sell, and crystalize the loss and reinvest what little remains? Hold on and wait for a bounce? Settle in for a long wait?
Ideally, investors would have sold before now. I do not see any such advice within your answers, DR was always described as a solid hold and waiting out several quarters was recently recommended.