Investment Q&A

Q: I am getting frustrated with AMT. It has a medium dividend, but seems to keep slipping away. It looked like it was improving last fall but then fell again. What are your thoughts? Is it time to take my small loss and move on?

Q: Of these 'electrification' plays which are your favourites and why for a long term hold?

Q: Hello, I own above for my RSP... Obviously, I am disappointed with Telus and BCE and I am down some 25%.. I can understand BCE's poor management, but how about Telus? also in the dumpsters.
If I sell Telus and BCE, do you suggest that I add to one of the above as I want to keep my holdings to 10-12 stocks . Any suggestions?
Thanks
Carlo

Q: BEP.UN is now down close to my ACB and have owned it off and on since it IPO'd in various accounts. Knew it quite well before it became public. Now is 2.5% of total portfolio in my Non-reg account and last took profits in 2021 at its over bought height.. Thinking of selling it with very small gain and switching to BEPC which would bring with it the DTC but add to the claw back on my OAS. But it would also get rid of one entry on the 1135 form filing. Anything else you see I am missing?

Q: Hello Team,

I currently do not have any pure dividend stocks and I'm looking at purchasing one to start. I did a bit of research and came up with the above list, are you able to rank them in order plus add your 2 favorites into the list (if they are not already included). Looking at a minimum of a 6% yield with the possibility of say a 30% return over the next 3-5 years. (setting my goals high). Thanks!

Q: Let us say we have 2 companies, one called "ABC" and one called "ABC Dividend" which pays 4% over the year. At the end of the year, the dividend one would be down because of the dividend it paid for the previous 12 month period but you would have the dividend money.

ABC at the end of the year would be higher because it did not drop because it did not pay a dividend.

To me, I see that a dividend really does not benefit you. Why do people want dividend stocks so much when the example I used shows there is no benefit? Thank you.

Q: Hi, could you please rate these companies for a riff account. My goal would be dividend, growth and stability in down market. I have money for one company. (Would buying U.S. be beneficial?)
Fell free to add your favourite stock for my goals.
Thanks

Q: Reviewing all your input on this stock, was wondering if you could share your take on the TD summary of analyst ratings (5) where three (3) are suggesting it is a "sell" while two (2) rank it as a "hold", average target price being $33.04 while today it is trading at $35.83!
Am I missing something here. Appreciate all you excellent support.
Ted.

Q: I am retired and rely on dividend income. I understand that LIF is quite different from the other 2 companies but would would be your thoughts on these stocks with a 2 to 3 year investment timeframe?

Q: Could you comment on STN.TO vs WSP.TO

Also wondering if ZUH.TO is still a hold. I am up nicely, but it has not done much in the last year and wonder if there is more up potential here or maybe somewhere else?

Thank you

Q: I am very interested in BCE. Considering my investing history, this is not a good sign.

Would you tell me the intrinsic value of BCE?

Surely, $30 is undervaluing the company by a lot?

I know 5i looks for growth stocks, but I would like to know if BCE would serve
as solid dividend paying business, with a good chance for share price increase.

Basically, if 5i were to issue a report on BCE, what would be the letter grade you would give it?

Q: Some ETF's collect dividends from their underlying assets, but also employ yield-enhancement strategies. We might expect that such ETF's would account their distributions as some combination of 'pass through' dividends plus (for example) return-of-capital, but it is apparent that some ETF's retain essentially all dividends, and account distributions as (for example) return-of-capital alone. I can see how this policy might be attractive in the short- to medium-term - or even in the long-term, depending on the rate of inflation, and capital gains rules - but a notably cost of this policy is to deprive the investor of the considerable benefits of the dividend tax credit.

Is there a rule-of-thumb one can apply, here, to evaluate the implied trade-off, or is this the sort of thing the determination of which needs an accounting degree? Further (and without implying any judgment), can the ETF itself benefit from the dividend tax credit, or is the credit only available to individual taxpayers?

Q: Do you have any opinion on this company latest result ?

Q: Good info from 5i on recent lackluster BEP.UN stock performance.

I've noticed that historic trends for this company's Revenues and Operating Cash Flow seem to be fairly positive / consistent. However, Operating Margin took a hit last year, and Free Cash Flow has been negative the last three years. Is this a concern to you? Is the projected annual 5%-ish dividend increase in jeopardy (next increase is coming up shortly ! ).

Acknowledging the negatives you mentioned in your recent Q&A responses, would the current yield not soon theoretically help stabilize the stock price - especially considering this is a Brookfield....despite as "complicated" as the company is?

Q: You have previously stated the current price is good entry point for SJ. Given the political climate in the US and the threat of tariffs, would you consider this a buy right now or would you hold off?

Q: Given Acadian Timber's forest lands are situated on both sides of the New Brunswick/Maine border, do you see this putting the company in an advantageous position in the event of a tariff dispute between Canada and the US? Does the company have processing operations on both sides of the border?

Q: HI, I own several CDN Utilities, AQN, SOBO, PPL, BEPC, BIPC, EMA, ENB, FTS, TRP. Trying to reduce # of CDN Utilities I own. I am thinking of selling AQN, SOBO, BEPC, and BIPC. What is your opinion of selling these and adding PPL, and EMA. What is your opinion on CDN Utility ETF instead. Can you suggest CDN Util ETF for a reasonable return and potential for growth. Welcome if you have any other suggestion. Thanks

Q: Dear 5i team.

Since my Q on SPB 6/24, a few key things have changed.

1) can you discuss the key Corp.changes (cut to divi being the most significant) and possible impact to their balance sheet?

2) Has anything changed with regards to Brookfield ownership?

3) What is your ouotlook for the SP given answers above. Looking at the 1 yr chart, it's gone from 10 to 6 so a 50% fib. retracement implies a move back to 8. (That's my back of the napkin assesment.)

I'd like to bring this to a full position, but wanted your commentry first.

Many thanks for your help.

Q: this stock drops 4% only today ( jan. 14 th)... plus a constant downtrend since the Cie change.Is it time to sell with a10% loss on paper ,or is it still considered as a safe and interesting dividend stock ?

Q: Hi Peter and the 5i Team,

PBH continues to be a very frustrating stock which we bought for a RRIF and a TFSA. Even though 5i rates it as a “B” and most analysts rate it highly, for those of us who purchased it when it was trading at much loftier levels, what is it going to take for at least a break-even position?

In the case of the RRIF, PBH was purchased for 96.24 per share. It closed on January 9 with a price of $79.26. When dividends are included, our loss is still $3900.

National Bank rates PBH as “sector perform” with a target price of $99.00. On the 5i website, the stock is trading in a range of $75.67 (year low) and $97.10 (year high). Even with all the positive news surrounding PBH (acquisitions, etc.), the stock is retreating to only $3.59 above its year low.

I read recently that beef prices are at an all-time high. The CBC had a story called “Beef prices hit record high at the grocery store — and on the ranch, too”. Is this somehow holding back PBH?

Is PBH a stock worth holding? Are there any tailwinds on the horizon that could lift PBH out of the doldrums?

Thanks as always for helping me to make informed decisions.