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Toronto-Dominion Bank (The) (TD)
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Bank of Nova Scotia (The) (BNS)
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BCE Inc. (BCE)
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Enbridge Inc. (ENB)
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Sun Life Financial Inc. (SLF)
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TELUS Corporation (T)
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Canadian Tire Corporation Limited Class A Non-Voting Shares (CTC.A)
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Fortis Inc. (FTS)
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Algonquin Power & Utilities Corp. (AQN)
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ATCO Ltd. Class I Non-voting Shares (ACO.X)
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Stella-Jones Inc. (SJ)
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North West Company Inc. (The) (NWC)
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Magna International Inc. (MG)
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Premium Brands Holdings Corporation (PBH)
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Savaria Corporation (SIS)
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Leon's Furniture Limited (LNF)
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CT Real Estate Investment Trust (CRT.UN)
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Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: I am looking at putting together a portfolio of set-&-forget Canadian dividend-paying stocks, in what will be my only unregistered account, making up about 30% of our overall portfolio. The registered accounts (70% of portfolio) are now all in mixes of VGRO, VBAL and XAW.
My emphasis is on stable large cap companies, with a sprinkling of smaller cap, low beta, decent and growing dividends. I expect to draw down the capital at 6 - 7% per year (in addition to the dividends). Beyond the drawdown, capital preservation is secondary to the income.
What are your thoughts on the following mix? Additions/deletions?
Communication: BCE, T
Consumer Discretionary: CTC.A, LNF
Consumer Staples: NWC, PBH
Financials: BNS, TD, SLF
Industrials: SIS
Materials: SJ
Real Estate: CRT.UN
Energy & Utilities: ENB, AQN, FTS, ACO.X, BEP.UN (or BEPC)
My other thought is 100% CDZ but I'm not very impressed with the historical returns and the (relatively) high MER.
Thanks. Lotar.
Q: Hi Everyone at 5i! I am thinking of adding more dividend players to my tech heavy TFSA, just to start balancing things out a bit. I was thinking of adding Manulife and Atco...they seem cheaper, have some growth prospects and raise their dividends yearly ( though albeit, manulife ran into some problems a while back. ) Are my proposed additions decent selections? Cheers, Tamara
Read Answer Asked by Tamara on January 19, 2021Q: ACO.X. I am looking at this one to add to my portfolio. They seem to have their fingers in a lot of pies: modular business must be hurting with the slow down in requisite businesses that support them like O & G. Seem to have a lot of debt. as well. Do you have a break down of each business segments contribution to revenue and profit? It's share price is almost at peak levels as well. Would you buy at current price for a long-term hold as a core position?
Read Answer Asked by James on October 06, 2020