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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 asked this question yesterday but it must have been lost in the ether since it wasn’t answered.
AltaGas issued an IPO in mid October at a price of $14.50 which was well before the stock price dropped fro $20 per share to about $16.50 after the 3rd quarter results were released. This makes no sense to me as I would believe the stock price should have immediately reacted to the announcement of a share offering.
In the 3rd quarter results, the company announced an increase in dividend to $0.1825 from $0.175 beginning on November 27. This again makes no sense to me since I was under the belief that the company needs to shore up its balance sheet. In addition, at current prices the dividend is already at about 13% of price.
Can you help explain both of these?
Thanks
Ed
Read Answer Asked by ED on November 12, 2018
Q: Hi there,

In the process of transitioning my US 401K from a balanced portfolio to an income portfolio as i get ready to transition to retirement. If you could recommend 5 US stocks or low cost ETFs for income what would they be.
Read Answer Asked by kelly on November 12, 2018
Q: Good morning,
In your response to Marilyn on Friday you replied that you "have no concens seeing it (CPD) as part of an income allocation" and "one needs to decide how it fits in"
My recent experience is that any so-called fixed income that I purchase loses money even including distributions. My current cash allocation is therefor 20% earning nothing, with another 20% in CBO, CPD, XBB, XHY, and a few preferred issues. I can look for a DIS account but could you expand on "how it fits in" and perhaps suggest the ETFs we should currently be using in this environment and a possible allocation range for each. Thank you for the ongoing excellent service in a difficult environment.
Ted
Read Answer Asked by Ted on November 12, 2018
Q: Greetings 5i team:

Once again, thanks for all your sage advice through the latest correction. I am really appreciative of having stocks/etfs like MFT that really held very steady through the latest correction - without you guys i would never have known about it. The value of having a diversified portfolio.
My question is about LIF -it has been on a tear lately with the special dividend etc but what is driving the underlying fundamentals. I didn't think Iron ore was in that much demand but would appreciate your comments. Its the only materials stock i own as i have had real difficultly making any money in the sector.
Read Answer Asked by kelly on November 09, 2018
Q: hi guys,

wondering if i could get your comments on the earnings reported by the noted companies. deduct necessary credits for question on multiple companies if needed. thanks.
Read Answer Asked by jason on November 09, 2018
Q: 10:34 AM 11/7/2018
In this morning's answer to Grant you said ; "TRP debt is about 7X cash flow; PPL about 3.5%.[I presume you meant 3.5X].

In any event when I look at the Companies search pages for these companies which metrics should I look at to find out the level of debt for each. I see no numbers that might correspond to 7X for TRP or 3.5X for PPL.

Thanks........... Paul K
Read Answer Asked by Paul on November 08, 2018
Q: SPB's Q3 looks good in terms of trending upwards in most respects. However, the market measures a stock's results based on expectations, In that case did the results meet those expectations for Q3 and the future? Also, is there any chance SPB will increase its dividends? It has been stuck at $0.06 a month for years. Thank you.
Read Answer Asked by Victor on November 08, 2018
Q: in my portfolio , I have bns 20%,bce20% ipl10% enb10% ad10% and 30% cash. after this pullback , should I invest more in these holdings or go into a different sector , I need income as retirement is coming . thx Jack.
Read Answer Asked by Jack on November 08, 2018