Investment Q&A

Q: CPG reported year end today. Their future with the latest acquisition of the Shell assets looks very bright. Canadian oil stocks have been severely undervalued, but as a Canadian investor trying to support our workers and in turn the Canadian Economy and Canada's social security benefits we are starting to reap the huge benefits. Please provide your expert opinion on CPG's year end.
Thank you Gord

Q: Telus has fallen off by 6-8%. Anything changed in its outlook? Would you be adding to your position here of moving to greener pasteurs?

Q: Retired, dividend-income investor who trims and adds around mostly full 4-5% positions. I own AQN, FTS. With the drop, due to Texas among other factors, how much is already baked into their stock positions? I am ready to top up Fortis now that it has dropped to < $50. What does your crystal ball say? Add or wait a little longer? I know it is a timing question. I just didn't want to jump in and catch a falling knife if you thought their might be a bit more downside.

Thanks...Steve

Q: Hello 5i,
Exchange Income Corp (EIF) has grown its dividend consistently over the past 5 years. How stable is the company? What is the payout ratio?

Have you had this in the income portfolio since the portfolio's inception?

Andrew

Q: As of today, what are your top 10 (5 USA, 5 Canadian) dividend yielding company's that you would invest in for a 5 year horizon. Thank you once again

Q: I am looking for a good Canadian high dividend ETF. VDY seems to have the best performance following the FTSE Canada High Dividend Yield Index. Can you tell me a bit more about the latter index and stocks are selected. I know the CDZ, also has some set criteria for selecting stocks based on dividend payment history. Thank you in advance for your comments!

Q: With utilities, I believe 5i likes BEP best for management and outlook for the future, but based on current price, which of the above 5 energy stocks represents the best value? For my own learning, I would appreciate knowing what main metrics you are using to determine value?
Thanks!!

Q: Looks like LNF beat estimates and the stock really took of..(sigh). Can you please comment on results. Did I read correctly they currently have $400 m FCF and how this compares to the industry?

Q: What's your opinion on the recent earnings, do you consider any upside from here on the company thx

Q: Please comment on NPI earnings. Is the growth there for the next few years? Would you pick BEP or NPI for future growth?

Q: Greetings:
Not a question, just a comment. I read with great interest, the ideas
and truth put forward by KEITH on the BULLY tactics being used
by Bip in their unwanted meddling. We all understand that the market
is the market, but the shareholders have taken a reduced dividend
and now when energy is turning the corner they are trying to steal it. I have a large holding in IPL for many years, and all we can do is try to make other shareholders aware of what is happening. I talked to IPL investor relations today about it , and I would suggest that others do the same. Thanks for printing this.
BEN.

Q: Greetings 5i team,
I am looking to sell my shares in IPL (hopefully at a higher bid than currently offered by Brookfield Infrastructure) and replace them with another pipeline company. I can either add to my current position in ENB, or put the money into TRP. Can you please compare the balance sheet strength of both companies, future growth prospects, and dividend growth prospects? ENB recently raised its dividend by 3%, while TRP raised its dividend by 7%. Is TRP the better income stock moving forward? I'm a long-term investor with a 10-yr + investment horizon.
Many thanks,
Brian

Q: Hi Peter, Ryan, and Team,

Would you attribute Algonquin's 'relative weakness' compared to Brookfield Renewable Partners due to Algonquin's Texas exposure? Is Fortis in a similar situation as Algonquin? Please rank these stocks, with a rationale for your choices. Thanks in advance.

Q: Hi There
Thanks for your informed service.
I have had Chorus in my unregistered account for some time and enjoyed the dividend that it had. Now that there is no dividend and the price has recovered somewhat, I am thinking of selling it and putting it into other monthly dividend payers that I hold. I was thinking splitting up the proceeds ($25,000) into DIV, EIF, NXR, SPB, and DIR.UN. I am looking at income (being retired) and want relatively safe dividends. Chorus had none and who knows where it will be a year from now. Why not put it to work in these monthly payers? Are there any in the group you would not put any of the proceeds into and would it be best just to add $5000 to each or would you put more into one. This is a small portion of my holdings and the above stocks represent between 2%-5% of my holdings.
Thanks for your help
Kevin

Q: Good Day Team,
I have held BCE for a few years now and bought it at 59.99.
Certainly doesn't seem to be very exciting to hold it seems. Any advise and whether to hold or sell?

Thank you,
John

Q: I fully understand the risks associated with borrowing money to invest and I've been working towards being in a financial position for quite some time (thank you for the great advice over the years) to comfortably initiate a leveraged portfolio. My objective is to create a portfolio that generates a decent income to cover carry costs, have some growth and allow me to sleep at night over the next 5-7 years. What 10 positions would you recommend?

Q: The utility stocks appear to be moving out of favour. Is this a good time to add, or has their softening only just begun. I realize it's a market-timing question, so maybe the question is better framed as: on the whole, are Canadian utility stocks running below or ahead of their average levels, whether based on FCF, PE, or some other more relevant metric?
Thanks very much...

Q: Can I get your thoughts on AQN’s recent release detailing the weather impacts in Texas. How significant is the impact, will we see a significant decline in share price and if so would you see the decline as a buying opportunity. Thanks.

Q: good afternoon,
These 3 companies from the income portfolio offer outsized yields. Also have 5% in Telus. Want to increase my position from 3 to 5 % in BCE. Telecom are out of favor right now but wondering about the future what will weigh more on BCE rising rates or recovery? The goal is to free cash for growth stocks.
Thanks !

Q: I am considering adding Power Corp to the income portion of my portfolio as a partial replacement for my overweight position in BCE.  The primary reason for considering POW is that I feel that there may be significant value through their ownership of Wealthsimple.  Are you able to quantify the Wealthsimple value within POW given their rapid growth rate and more than $9 billion in AUM?   Do you think that they are sitting on other spinoff possibilities, similar to the Lion Electric IPO? (that I understand added close to $3.00 per share value to POW).  And perhaps most importantly, do you feel that management is motivated to act to surface value for shareholders?  (they don't appear to have been in the past).
Thank you.