Investment Q&A

Q: What are the chances of Wsp increasing the dividend -it has been the same for at least the last 5 years. Given that the stock price is up nicely this month I wonder if it isn't time to move on to a higher dividend stock or a stock with dividend growth for my income account. What do you think and what would you suggest as a replacement -I own most of the stocks in your income portfolio.
Thank you.

Q: Hi guys,

In response to Sam's question,how would you rank these for a long term investment. Right now I am holding VIG.

Thanks,

Jjm

Q: Hi 5i team,
Your choice between XEI or CDZ as core in a RRIF with minimum yearly withdrawal and why. What % do you recommend as core holding? 15%, 20%, 25%
What about owing both and if so, what would be the % split? Thanks

Q: Hello Peter:
I see a constant flow of questions about "best growth stock", or "best for Balanced Portfolio", but can't remember one on Income Portfolio stocks. So here it is: could you give me your 3 (stretch it out to 5 if you wish), best stocks for income? The criteria might be:
- amount of dividend/distribution
- safety of the dividend/distribution
- growth potential of the dividend/distribution

I do apologize if this question has been asked and I somehow missed it.
thanks
Paul L

Q: Sold ALA at a lost and DHX with a gain to minimize my capital gain, with the intention to repurchase ALA 30 days later in my none registered account. Now, I am debating if I should purchase SPB or VSN instead. They all give a good dividend yield. Already have IPL in my TSFA and KEY in my wife TSFA. Your comments plse.

Q: A comment rather than a question. What explains the 15% yield? Roughly a quarter of the payout for 2016 consists of a "capital gains dividend," rather than an eligible dividend. The portfolio itself produces dividends of which only a portion is used to cover the dividends of the preferred shares. The class A shares do not pay a dividend if the NAV of the total portfolio falls below $15, which happened in the recent past. However, over 2016 the Canadian and US financial holdings did very wel. The covered call options must have done very well also, but because of that the NAV seriously underperformed straightforward asset growth - compare FTN with ZEB and ZUB over the last year. So FTN's asset growth underperforms under bullish conditions. BTW, at the moment there seems to be a 30% premium on the NAV of FTN.

Q: Hi,

Thoughts on the acquisition Ag Growth announced this morning? Could we see any dividend growth in the future?

Regards,

Robert

Q: How is it that Quadravest is able to keep generating a 15% annual return on this product. I know they use options to juice the dividend yield they get from the underlying companies. For 18 months from mid 2011 to end 2012 they did not pay a distribution on FTN so there is that risk. It just seems to me that this is one of those situations where it is to good to be true? Am I right to be wary of the product as I don't understand how they can maintain the high yield.

Thanks Kenn

Q: What are your current thoughts on WCN?

Q: Hello Peter and team, I know you like Endbridge (ENB)very much, you actually have it in two of your model portfolios. According to TMX Money, ENB has a yield of 4.2% and a P/E ratio of 28.0. On the other hand ENF has a yield of 6.2% and a P/E ratio of 15.2. If you had to invest in just one of them today, would you still select ENB rather than ENF? If yes, could you comment on the rationale for doing so. Regards, Gervais

Q: Hello, volume is higher than normal this morning. Any news on this company? Dividend seems attractive at 4.64%.

Thanks

Q: Hi
I just experienced the following with RBC DI which I would like your comments on.
I put in a sell order on Mar 31st for all of my shares of DH after verifying on the DH website that their DRIP program was suspended as of October 25th 2016 and that all future dividends would be paid in cash. So I assumed that I would receive cash for my March dividend. Then today, one share appears in my DH account as a DRIP.
I contacted RBC Direct Investing, ended up talking to a supervisor who agreed to sell my share with no fee. Then I asked how they could process a DRIP on a company who 6 months earlier suspended their DRIP program. It was explained to me that RBC DI has their own DRIP eligible list and it had not been updated as yet for DH change as there is only one person doing this.
I find this unacceptable as I depend on this brokerage to reflect what is happening in the market place. Is this ethical to issue drips, I assume from their inventory of DH shares?In your experience is this normal ?
Thanks
Kathy

Q: Further to a response to a question by Robert on Apr 3 concerning dividend stocks provided to a grandchild. Could you provide the payout ratio for PTG, CWX, AIM, DIV

Thanks
Stu

Q: The company that was taken over in the usa by the chinese investor, was it a traded stock or a private company and how does enercare compare in size to this takeover?
Thank you once again.

Q: Hi 5i
I'm interested in adding Altagas to my portfolio. I curently have 15 stocks which range from 4 to 8%....(AGU-BEP.UN-CAR.UN-CGX-CSU-KWH.UN-ENF-FTS-IPL-STN-SLF-T-TD-VET-WSP). This is a registered dividend/income account (rrsp). I would appreciate your view on either replacing a weak stock in this account or just adding to it. If you can think of a better stock than ALA i'm open for suggestions. Thanks Gilles

Q: Since Canadian Reits have to distribute out their capital gains [and hence NOT reinvest in new properties] and with declining ROC components.....Is it time to re-invest in Canadian dividend stocks for those of us who depend on a rising stream of income.

Our reits face unfair competition from pension funds, which can reinvest capital gains tax free.

I have been in Cdn Reits since the late 1990's. Is it time to 'kiss then good bye'?

Thanks.

Paul

Q: I was thinking of adding something lumber to diversify my portfolio for the long term. Is this the right time given NAFTA uncertainty? If so what do you prefer? CFP, WOOD, or something else? Thanks!

Q: Hi
I am looking for your top pic for Secure High Dividend ETF's - One Canadian Equity and One USA. I am also looking for High Dividend Growth ETF's (Like CDZ) - One More Canadian and One USA

Q: Can you give me your opinion on RIT, XUT AND HWF. I am looking primarily for yield but also some growth potential.
Thank you

Q: A couple of years ago I hit upon the idea of giving each of my grandchildren $500 on their 16th birthday to establish a first investment and, I hoped, learn something about investing by direct experience. I gave them 250 shares (still in my name since one cannot open a brokerage account under the age of 18) of Surge Energy then trading at $2.00 and paying a dividend of $.0125 per month yielding $3.13 in the first month, enough to buy one more share in the DRIP brokerage account. Working beautifully until last May when SGY halved the dividend (also instructional, but disappointing)

I have another grandson turning 16 and would like to do the same for him but do not know of another security with the same feature of paying enough dividend (possibly quarterly) that provides enough to buy one more share with the dividend generated from a capital base of close to $500. If you have a way of mining for such opportunities, I would be most grateful to hear your suggestion(s). (I do not have any experience with ETFs but perhaps there is a possibility in this sphere?) If you have another suggestion for an intro investment, I would be glad to hear your thoughts.

Thanks very much, Bob.