Q: For a RRIF would you be a buyer of either of these companies now. If so which would you prefer.
Also can you suggest 3 or 4 other dividend paying stocks as well. Thank you.
Also can you suggest 3 or 4 other dividend paying stocks as well. Thank you.
5i Research Answer:
We would be comfortable buying BCE and/or T if one is an income investor with some patience, and with relatively low expectations for growth. BCE just raised its dividend, but is cutting costs and dividend growth going forward may be lower than historical. T has some issues but is priced well enough. Neither is too exciting but dividends should be secure. Other dividend options: ENB, SLF, TD, FTS, H