Q: Good Morning,
Here's a "What would you do?" question.
Retired income investor, Like to yield at least 4% on any equity. Look forward to dividend increases.
Regarding BCE.
Hold 330 shares in cash account. Down 51%. Effective yield 2.54%.
Hold 1,100 shares in RRIF. Down 39%. Effective yield 3.15%.
May be wrong but I don't see the dividend growing any time soon.
Thinking of booking a loss in my cash account but unsure about RRIF. Do you see appreciation in nearish term
What would you do?
Thanks,
Dave
Here's a "What would you do?" question.
Retired income investor, Like to yield at least 4% on any equity. Look forward to dividend increases.
Regarding BCE.
Hold 330 shares in cash account. Down 51%. Effective yield 2.54%.
Hold 1,100 shares in RRIF. Down 39%. Effective yield 3.15%.
May be wrong but I don't see the dividend growing any time soon.
Thinking of booking a loss in my cash account but unsure about RRIF. Do you see appreciation in nearish term
What would you do?
Thanks,
Dave
5i Research Answer:
First, we don't like looking too closely at effective yield. The yield is what is today. While...