Q: We have owned this stock for a very long time (4000 shs) - small position - down about 26% this year. Tax loss selling probably has something to do with this decline. Is the dividend secure? CIBC I. E. shows over 200% payout ratio. Thinking of buying more - what do you think?
5i Research Answer:
Please see this recent answer. We think it is 'OK' but would be slow to add to an existing position. We also have further additional comments posted today under T:CA