Investment Q&A

Q: I stumbled across this ETF (PYF) by accident. What are the drawbacks with this one. It has a 52 week low/hi of 19.42/20.52 with a yield of 7.1%. It looks like a nice place to park some cash for a season but what is the downside (there is always a downside and usually a big one)? Thanks for doing a great job.

Q: publish if you see fit: companies that have increased their dividend payments for 25+ consecutive years in a row.
3M (MMM)
Abbott Laboratories (ABT)
AbbVie (ABBV)
Aflac (AFL)
Air Products and Chemicals (APD)
Archer-Daniels-Midland (ADM)
AT&T (T)
Automatic Data Processing (ADP)
Becton, Dickinson & Company (BDX)
Brown-Forman (BFB)
Cardinal Health (CAH)
Chevron (CVX)
Chubb (CB)
Cincinnati Financial (CINF)
Cintas (CTAS)
Clorox (CLX)
Coca-Cola (KO)
Colgate-Palmolive (CL)
Consolidated Edison (ED)
CR Bard (BCR)
Dover (DOV)
Ecolab (ECL)
Emerson Electric (EMR)
Exxon Mobil (XOM)
Franklin Resources (BEN)
Genuine Parts Company (GPC)
HCP, Inc. (HCP)
Hormel Foods (HRL)
Illinois Tool Works (ITW)
Johnson & Johnson (JNJ)
Kimberly-Clark (KMB)
Leggett & Platt (LEG)
Lowe’s (LOW)
McCormick & Company (MKC)
McDonald’s (MCD)
Medtronic (MDT)
Nucor (NUE)
Pentair (PNR)
PepsiCo (PEP)
PPG Industries (PPG)
Procter & Gamble (PG)
Sherwin-Williams (SHW)
Sigma Aldrich (SIAL)
S&P Global (SPGI) (formerly McGraw Hill Financial)
Stanley Black & Decker (SWK)
Sysco Foods (SYY)
T. Rowe Price Group (TROW)
Target (TGT)
V.F. Corporation (VFC)
W.W. Grainger (GWW)
Walgreens Boots Alliance (WBA)
Wal-Mart Stores (WMT)
Un fortunately I could not find the same info for Canada... a constant problem

Q: Could you offer your view on the above infrastructure? Thankyou. Frank

Q: EIF made a small gain yesterday, fell 5%, and is in the red today. DR fell from being 27% in the green 2 days ago to 18% today. Can you tell me what happened to these two? Is it time to dump EIF? Should I take the profit in DR before it falls further? - Thanks, Ted

Q: Hi
Is Gibson energy in play? What do you see as the possibility of a takeover? Stock seems to be spiking.
GUY R

Q: Hello Peter,

Can you breathe any logic into today`s market reaction to what seemed a great Quarterly report? currently down 4%. No biggy in terms of the big picture, but I would have thought the results would have garnered a 5% swing to the positive. Weak hands on deck?

Q: Can you provide an updated assessment on SunLife (SLF)given recent results? I am looking to invest new money in blue chip dividend payor for son's TFSA account and also considering telcom (BCE) as an alternative. Should I go with SLF for now given the recent run up in BCE stock price? Thanks again. John C

Q: Hello
Can you comment on earnings for both ATP and TA.

Cash flow seems to be improving and both are working on improving leverage levels.

I have a small position in both these companies that I intend on selling to buy more quality names. But I am not in a hurry to sell them since I am down 30% and 40% respectively and would like to let them run a bit if they show signs of improving.


Thank you !

Q: I see there are no questions in regard to Keg.un even though it pays a good dividend.what are your thought on keg.un, pza, bep.Un.

Wayne

Q: Several analysts are touting this stock but the payout looks very high. Am I miscalculating it?
Do you like the stock?

Q: Could you give your opinion on growth prospects for IPL? I currently hold ALA and PPL but am wondering if IPL might provide more growth considering their recent purchase. Or might there be a better opportunity with another company? What are your thoughts? Thanks.

Harvey

Q: Could we have your thoughts on their earnings report and future prospects.

Cheers

Q: Could you please decipher EIF's report on Monday and whether you think there is more potential upside in the aviation industry.TY.

Q: Hi 5i:
What is the best way to buy Canadian treasury funds and would you recommend buying them now? If yes, how long would you keep them?

Q: Since this stock has gone up a lot, is it time to move to another stock in the sector like AQN or FTS?

Thanks

Dave.

Q: Hi Based on Jerry,s ? you said ALA could be at risk I hold a full position in this stock would you dump it based on this concern.
Kind Regards
Stan

Q: In your answer to my question yesterday you noted "If the NAV falls below a certain level (found in the prospectus), the payout will be cut and that will likely be a huge hit to returns."

To be more precise the prospectus says:

"No regular monthly dividends will be paid on the Class A Shares in any month as long as any dividends on the Preferred Shares are then in arrears or so long as the Net Asset Value per Unit is equal to or less than $15.00 (calculated as described under Details of the Offering Valuation of Assets ). Additionally, it is currently intended that no special year-end dividends will be paid if after payment of such a dividend the Net Asset Value
per Unit (calculated as described under Details of the Offering Valuation of Assets ) would be less than $25.00."

When I look at the actual dividend history, I see that DFN has consistently paid dividends of $0.10 per share every month since inception -- including 2008 & 2009 when the markets were so unsettled.

I also note that DFN shares have traded below $15 since Jan 2008, reaching a low of %4.66 in 2008 and trading in a range of $10 - $12.50 since July 1, 2009.


My questions are:

1. Does it seem like they like have more flexibility to continue dividends than the prospectus indicates?
2. Given the this history of consistent dividends over a fairly long period, covering the scary 2008 -- 2009, why would you not consider DFN a screaming BUY?

Q: Hello, please give me suggestions for a few(4-5) income stocks with moderate risk, for a long term hold in a TFSA account. A response to a gentleman last week included a suggestion of Enbridge (which has spiked up impressively over the last two weeks, and now am afraid too expensive to buy, I already own all banks Slf, Wsp, ppl, Alta gas, Manulife amongst others.

I am looking for names, preferably with Current attractive entry points. Any sector.

Many thanks

Q: MRE's second quarter results met analyst expectation but the stock sold off for several days (I realize that analyst downgrades likely contributed). May I have your thoughts on the quarter and future prospects, please?

Q: Good morning Peter, Ryan, and Team,

Apparently Enron has reared its ugly head once again. This article from the Globe and Mail describes a lawsuit announced by the Alberta government:

http://www.theglobeandmail.com/news/alberta/e-mails-reveal-how-albertas-enron-clause-was-orchestrated/article31303953/

From the article, "The court action names Enmax; TransCanada; and Capital Power. It also names electricity generator Atco Ltd., the Balancing Pool, which is a public body, and its own power regulator as defendants. The court case is slated for November."

Enmax isn't a publicly traded company, but the other two are. (I don't own either). Are there any other companies that may be impacted from the fallout that will occur from this lawsuit? I'm thinking of AQN and FTS as examples.

As always, thanks for your insight.