Q: Hello Peter & Team
Have held T since Nov 2022. I am in the red 25%. Appreciate the dividend, but do not enjoy the capital loss. Read lots of comments in 5i answered questions and the overall sentiment appears to be positive. Do I keep holding this issue? Or sell and move on. And if I am advised to move on, what alternative would you recommend with a similar dividend?
Thanks for all you do
gm
Have held T since Nov 2022. I am in the red 25%. Appreciate the dividend, but do not enjoy the capital loss. Read lots of comments in 5i answered questions and the overall sentiment appears to be positive. Do I keep holding this issue? Or sell and move on. And if I am advised to move on, what alternative would you recommend with a similar dividend?
Thanks for all you do
gm
5i Research Answer:
We think Telus is 'OK'. We are not thrilled by it, but relative to the sector we think it is worth keeping, if one does want sector exposure. It has raised its dividend recently (as opposed to a cut at BCE) and its non-telco growth potential remains good. The dividend is attractive and the stock is acting better these days, up 14% YTD. Nothing too exciting, but we think fine for income investors at the current level.