Investment Q&A

Q: I bought Hershey in my RRSP in mid-2024. While mostly known for chocolate, the company has been diversifying into non-chocolatey snacks. However, the stock price remains down due to high cocoa prices. Would you be content to hold Hershey and collect the dividend until cocoa prices drop? Would you have some other suggestions? I tend to go for boring US dividend payers that also have some growth potential in my RRSP. My top holdings right now are MSFT, COST, MA, BIP.UN, ENB, and O. I also hold VOO as an underlying holding. Thank you.

Q: Stop me if you've heard this story this year: I am having a once in a generation year with my portfolio up 50%, a chunk of that driven by Nvidia and its explosive growth. NVDA is now 40% of my portfolio which I acknowledge is insane. But having owned it since 2016 and benefitted massively, I have no intention of selling it, at least not yet. The rest of my portfolio is made up of successful U.S. and Canadian tech, and, on the other end of the scale, conservative, low beta, mostly Canadian dividend payers. They provide ballast to my tech/NVDA risk. Getting to the point: I have $35K to invest and it should be directed to the conservative part of my portfolio. What names would you suggest that tick the following boxes: +4 % well-covered yield, slow but steady share price growth, solid fundamentals, probably Canadian though open to U.S. stocks, irrespective of sector. In the conservative part of my portfolio I already own: all 6 big banks, FTS, ENB, GRT.UN, BAM, BRE, EIF, FC, FFH, PPL, SLF, TFII, TRI.

Apologies for the windy question and thanks!

Q: After signing up to the Portfolio Tracking & Analysis, ( excellent service, Thanks!)
I need to increase my holdings in the Health care sector and Consumer Defensive industry
US and Can exposure.
Your suggestions are appreciated.
Thank You 5i Team
Heidi

Q: What is your opinion about Altria? Is it a buy? If so, what do you like about it?

Q: what are you top 5 dividend paying stocks? (US/Canada)

Q: Is the negative book value a concern for the company. I see some online people claiming the stock is undervalued, however, how can that be if it has a negative book value. Is the dividend safe?

Q: Hi Peter,
Is US dividend stocks suitable for RRIF with no withholding tax? My thinking is that US dividend does not receive any tax benefits in non registered account and is taxed like interest income. With on-shoring and tariffs, US inflation will not eased too much, and may go up again in the next few years. Hence, interest rate will not be much lower and consumers spending will be weaker for longer. Giving this scenario, and for my RRIF account, what will be your top picks for US dividend paying stocks with solid balance sheets, that will able to maintain their share price and dividend payments through a mild recession? Thanks.

Q: Why do you like BTI? Didn’t the UK just outlaw tobacco sales in the future to people born after a certain date? Isn’t this a slowly diminishing industry?

Q: I'm looking for a list of companies with a dividend yield 4% or higher who are able to support this dividend for the foreseeable future.

Q: Hi, I want to add a high dividend stock to my USD portfolio. Do you have any suggestions?

Q: Can you suggest US companies with safe, high dividends? Other than Financial or Energy. I'm considering GIS but am open to other ideas. thank you

Q: I'm looking to add more US companies. Could you please give an answer to Larry's question but substitute 2 US companies per sector for 2024?

Q: Good Morning,

I have held MO for a couple of years now and am down 20%. It pays a good dividend. Is the income relatively safe and secure? Will the price rebound and possibly grow?
Your thoughts would be most appreciated.

Q: Are US divdends from a US stock (e.g. MO) taxed sheltered in an RSP or will I have to still pay 15% witholding tax?

Q: Hi Folks,

My RRSP portfolio consists of the above stocks all with relatively the same weighing. Can you suggest 5 names or so, (CDN and U.S) that I take a look at that would complement the above? I am looking for a company that would be a good buy today for both income and capital appreciation - total return.
Thanks

Q: By the end of this year, I will set up a RRIF. I would very much like to have dividends fund the expected withdrawal of 5 to 6%. There are many TSX stocks which will help achieve this goal. For example, ENB, BCE, BNS, CM, PPL, MFC, SLF etc. Currently, my RRSP is 67% CDN$ and 33% US$. I am having great difficulty finding anything in US$ that comes close to the dividend yield offered by the CDB$ stocks that have listed. BTW, my CDN$ would have about 15 positions. Big Question: How to achieve my goal with the US$ component of my RRIF? One obvious option is to move to funds CDN$, but that goes against country diversification which you often note. I am not very keen on US stocks or ETFs that pay a 2.5% dividend. Your thoughts and recommendation would be greatly appreciated. Thanks Dan.

Q: My long-term interest in VZ was partially founded on it's extremely low correlation with almost every other equity and fixed income category. I am "off" VZ due its recent issues and am curious as to whether you are aware of any similarly low correlation, reliably high income alternatives?

Q: Hello. Current overall assessment of this company? Decent option if primarily looking for income in an RRSP? How safe is the dividend? any prospect for share price appreciation? Thanks!

Q: MO is down quite a bit today. How do you think the FDA ruling, banning JUUL e-cigarettes will impact the stock, and is there anything they can do? Some are suggesting they could appeal, or even end up suing. I'm holding it in my RRSP primarily for its steady dividend.

Q: Happy Friday.

Looking for U.S. income for my RRSP.

Considering ABBV and MO.

Your thoughts on these two and 2 -3 additional suggestions would be most appreciated.

Thanks very much.