Q: Considering sell fli and buying cgx. My reasoning is that rising interest rates have not really helped insurance stocks because the yield curve is flat or close to it. FLI is exdevidend Sept 21. Should this affect my decision to sell? CGX has an equivalent dividend , more growth .gaming while at the same time time I collect a dividend, I won’t be paying a management fee,
I’m under water with FLI.
Should I stick with FLI or switch.? I don’t think FLI dividend is eligible for the tax credit
Q: Peter; Further to Richards question - not being a finance guy - if they’re spinning out 60% does this not reduce their WGL ownership and impact the cash needed for the ALA dividend? It was supposedly accretive when purchased but wouldn’t that now be less accretive? Thanks. Rod
Q: With this stock down over 35%and still heading south what is your recommendation, hold, sell, buy. I am a dividend investor so is the dividend safe
for the next quarter. I have read your other answers and you indicate it to be a hold
Q: Could you please explain the implications of the initial public offering by Altagas offered today? It sounds like they are selling off their Canadian assets. Do you consider this a good change>
Q: Being retired my focus is on income and capital preservation in that order. Needing some USD to spend in the south, I have been recommended these income producing ETFs. Do you see any red flags with any of these?
Q: Hi, as a long term income investor I am getting very tempted by ALA’s increasingly attractive yield as the stock trends lower. However, at around 9% is this a warning that the dividend is potentially at risk of being cut. IWhat do you think is the probability? At the same time ALA is a large company in a relatively stable industry and has made an attractive acquisition? Your thought? Thanks.
Q: Just a response to Pierre's comment re: low interest rates for short term money: a good resource is Cannex, they post rates for most financial institutions . eg CWB has 30 day money at 1.785%, Achieva Financial is 2.15%
Q: With regard to Alex's questions, Polaris was recommended as a top dividend pick by Motley Fool Canada on Saturday, which might account for the strong interest today.