Q: For a long term investor, say 10 + yrs, are the issues you identified in your dropping coverage notice for Fiera, fatal? In the long term the ups and downs of any company are to be expected, however, there are some risk conditions from which a company may not be able to survive. Do you see Fiera as a going concern 10 yrs from now albeit at a lower price and lower dividend. Or perhaps a lower price and zero dividend?
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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.
- Enbridge Inc. (ENB)
- Pembina Pipeline Corporation (PPL)
- SmartCentres Real Estate Investment Trust (SRU.UN)
- Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
Q: Hello Peter & Team:
How do u compare the income and growth for the above mentioned Co, as we come across the FSZ 8.25% ,3 yr. term offer recently. Fsz.to offers 13% dividend, and the others name above were over7%. How would u rank them from the most prefer to least prefer if i have to placed $50k - 100k into it with a 3- 5 yrs. time horizon. Thank you,
How do u compare the income and growth for the above mentioned Co, as we come across the FSZ 8.25% ,3 yr. term offer recently. Fsz.to offers 13% dividend, and the others name above were over7%. How would u rank them from the most prefer to least prefer if i have to placed $50k - 100k into it with a 3- 5 yrs. time horizon. Thank you,
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- BCE Inc. (BCE)
- Enbridge Inc. (ENB)
- Manulife Financial Corporation (MFC)
- Canadian Natural Resources Limited (CNQ)
- TC Energy Corporation (TRP)
- Sun Life Financial Inc. (SLF)
- TELUS Corporation (T)
- Brookfield Renewable Partners L.P. (BEP.UN)
- A&W Revenue Royalties Income Fund (AW.UN)
- Acadian Timber Corp. (ADN)
- Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
- iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
- iShares Convertible Bond Index ETF (CVD)
Q: Hi 5i Team,
I am looking to create a dividend portfolio of 15 positions yielding around 6%. My plan is to weigh these positions equally in a non-registered account. A good number of these equities are in your income portfolio but I just wanted to get your opinion if you would swap any of these out or add anything else?
Telus
Enbridge
CNQ
TRP
MFC
BCE
TD
SLF
A&W
BEP.UN
BNS
Acadian Timber
Fiera Capital
CPD
CVD
Thanks in advance for your help!
David
I am looking to create a dividend portfolio of 15 positions yielding around 6%. My plan is to weigh these positions equally in a non-registered account. A good number of these equities are in your income portfolio but I just wanted to get your opinion if you would swap any of these out or add anything else?
Telus
Enbridge
CNQ
TRP
MFC
BCE
TD
SLF
A&W
BEP.UN
BNS
Acadian Timber
Fiera Capital
CPD
CVD
Thanks in advance for your help!
David
- Royal Helium Ltd. (RHC)
- Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
- Evertz Technologies Limited (ET)
- TECSYS Inc. (TCS)
- Rainy Mountain Royalty Corp. (RMO)
Q: TFSA losers . ET down 27%, RMO 42%, RHC 37%, TCS 55%, FSZ 47%. Are any of these worth keeping? I thank you for your guidance,
Q: They have continued to struggle and are issuing new debts at 8.25% - is this a good risk /reward play? I assume a divy cut is in the cards
Q: Which of these two would you think the dividend is in most jeopardy? Do any have growth potential?
would you hold either?
Thanks
jeff
would you hold either?
Thanks
jeff
- B2Gold Corp. (BTO)
- Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
- NorthWest Healthcare Properties Real Estate Investment Trust (NWH.UN)
Q: For a RRIF withdrawal, I'm thinking of switching either FSZ, NWH or BTO (all of which are down) to a TFSA .
Which of these do you think has more upside potential?
Which of these do you think has more upside potential?
Q: What do you see happening if/when FSZ cuts its dividend. Continues to drift downwards without the high dividend as a reason to buy? Bounces with dividend issue resolved and better coverage numbers?
Thanks.
Roman
Thanks.
Roman
Q: i own FSZ primarily for the dividend. would you consider switching to CIX now?
- Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
- NorthWest Healthcare Properties Real Estate Investment Trust (NWH.UN)
Q: Which do you prefer? Which is more protected from a possible dividend cut?
Thanks for your service!!!
Thanks for your service!!!
Q: I'd appreciate your comments on FSZ's results released today and outlook. I noticed that you lowered your position and implied it is on its way out of your income portfolio. Do you see it as a SELL. While I hold it for the income, I'm also hoping that another company will take it over. Thanks for your help.
Q: How or why do you recommend FSZ.TO Fiera Capital when the payout ratio is 358%
Thats a big number.
Thats a big number.
- Salesforce Inc. (CRM)
- Medtronic plc. (MDT)
- CAE Inc. (CAE)
- Block Inc. Class A (SQ)
- Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
- Veeva Systems Inc. Class A (VEEV)
- Roku Inc. (ROKU)
- Guardant Health Inc. (GH)
- Ultra Clean Holdings Inc. (UCTT)
- Pinterest Inc. Class A (PINS)
- CrowdStrike Holdings Inc. (CRWD)
- Digital Turbine Inc. (APPS)
- TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT)
Q: It looks like I will need to sell a position or two to pay the tax man. Please rank the companies listed. Thank your
Q: Hi 5i
I thought one of the Canadian banks (National?) had a large interest in FSZ. If this is the case would it be less likely that FSZ would consider cutting the dividend ?
Your thoughts on the dividend safety at this time.
Thanks
I thought one of the Canadian banks (National?) had a large interest in FSZ. If this is the case would it be less likely that FSZ would consider cutting the dividend ?
Your thoughts on the dividend safety at this time.
Thanks
Q: Does the current panic in the financial sector make FSZ more attractive or less? Should we treat its recent 13% drop as an opportunity, or should we worry that spooked investors will withdraw assets?
Sometimes companies get taken private when their share price is depressed; given such a move, would shareholders likely be the losers? Not so long ago (at $1/share higher), you characterized FSZ as "fine for income"; do you still think so?
Sometimes companies get taken private when their share price is depressed; given such a move, would shareholders likely be the losers? Not so long ago (at $1/share higher), you characterized FSZ as "fine for income"; do you still think so?
- Enbridge Inc. (ENB)
- Acadian Timber Corp. (ADN)
- Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
- MCAN Mortgage Corporation (MKP)
Q: For an income, would you recommend this stock. Is there another that you feel would be better for both income and a little upside.
Thanks
Thanks
Q: Hello 5i
For NTI you have PE at 5.6 and price at $76.87. This would give the EPS at $15.37 Yet you state EPS at $5.00. Why the difference?
Also, for FSZ, using the net income of $58,499 and dividends paid of $88,183 the retention ratio is -50.74. However using Operating Cash Flow of $143,814 there is retention ratio of 38.68%.Thus in the first instance, to cover the dividend there would be increased debt but in the second instance all seems well. Do you prefer using Cash Flow in this instance? Please take as many credits (if any) as required
Thank you
Stanley
For NTI you have PE at 5.6 and price at $76.87. This would give the EPS at $15.37 Yet you state EPS at $5.00. Why the difference?
Also, for FSZ, using the net income of $58,499 and dividends paid of $88,183 the retention ratio is -50.74. However using Operating Cash Flow of $143,814 there is retention ratio of 38.68%.Thus in the first instance, to cover the dividend there would be increased debt but in the second instance all seems well. Do you prefer using Cash Flow in this instance? Please take as many credits (if any) as required
Thank you
Stanley
Q: Hello 5i team,
Your thoughts on Fiera capital's earnings. The drop of 15.8% in assets under management does not look good. Every metric seems to have dropped across the board.
How confident are you in this stock to pay out its dividend?
Thank You,
Andrew
Your thoughts on Fiera capital's earnings. The drop of 15.8% in assets under management does not look good. Every metric seems to have dropped across the board.
How confident are you in this stock to pay out its dividend?
Thank You,
Andrew
- Bank of America Corporation (BAC)
- JPMorgan Chase & Co. (JPM)
- Toronto-Dominion Bank (The) (TD)
- Manulife Financial Corporation (MFC)
- Sun Life Financial Inc. (SLF)
- TMX Group Limited (X)
- Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
- Bank Nova Scotia Halifax Pfd 3 (BNS)
Q: I am a value dividend investor of 77 years, Portfolio analysis says I am over 20% in Financial industry. I hold BAC, BNS, FSZ, JPM, MFC, SLF, TD, X. I am up in all except one and the dividends keep rolling in. I am loath to let any go. If it is needed, please suggest a substitution.
Q: I hold shares of FSZ in My RRIF account. It has not been a good performer but pays a nice dividend which is what I want in my RRIF account. I am thinking of selling FSZ and buying Enbridge. The dividend is not as high but is the growth potential going to make up the difference. I do own PPL. What are the chances of a takeover of FSZ. Would you approve of the swap and is there any other companies you might recommend.
Wayne
Wayne