Q: Good Afternoon.
What is your opinion of Chemtrade? Does it have some growth potential? Is the dividend safe? Also, I have owned Topaz for a while and it has been hovering around the 25-26 dollar range. Is there much growth left in this company?
I am considering switching from Topaz to Chemtrade for more growth and a higher dividend. What is your opinion of this move?
As always, thanks for your excellent service.
Jane
What is your opinion of Chemtrade? Does it have some growth potential? Is the dividend safe? Also, I have owned Topaz for a while and it has been hovering around the 25-26 dollar range. Is there much growth left in this company?
I am considering switching from Topaz to Chemtrade for more growth and a higher dividend. What is your opinion of this move?
As always, thanks for your excellent service.
Jane
5i Research Answer:
At 9X forward earnings and at a 6% yield, we think CHE.UN looks ok. Growth is low at roughly 3%...