Q: I hold ENF for income. I was thinking of switching to ENB for a better growth component now the yield gap has closed, but I read that funding of capex could become a problem for ENB. You recently said ENB was safer than ENF. I am wondering why since ENF has essentially no debt and no capex beyond funding the ENB dropdowns.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hi Guys,
I own an Enbridge preferred share (ENB.PR.Y) which currently has a dividend rate of 5.285%. I am considering selling this preferred and buying the Enbridge common which has a current dividend rate of 7.055%. My motive for doing this is additional income and possibly higher capital gains in the future. I have no other investments in Enbridge and my stock allocation in pipelines can handle the change. I plan on purchasing a different company’s preferred share to make up for the loss of the Enbridge pref.
My questions are as follows:
1-From a safety of capital point of view, how much more risk do you think I will take on?
2-From a safety of income point of view, how much more risk do you think I will take on?
3-Do you see a downside to this move?
Thanks for the help.
John
I own an Enbridge preferred share (ENB.PR.Y) which currently has a dividend rate of 5.285%. I am considering selling this preferred and buying the Enbridge common which has a current dividend rate of 7.055%. My motive for doing this is additional income and possibly higher capital gains in the future. I have no other investments in Enbridge and my stock allocation in pipelines can handle the change. I plan on purchasing a different company’s preferred share to make up for the loss of the Enbridge pref.
My questions are as follows:
1-From a safety of capital point of view, how much more risk do you think I will take on?
2-From a safety of income point of view, how much more risk do you think I will take on?
3-Do you see a downside to this move?
Thanks for the help.
John
Q: Comments of latest quarter pls. Tx.
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Sylogist Ltd. (SYZ)
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Enbridge Inc. (ENB)
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Andrew Peller Limited/Andrew Peller Limitee Class A Non-voting Shares (ADW.A)
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Knight Therapeutics Inc. (GUD)
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Brookfield Business Partners L.P. (BBU.UN)
Q: Hello Peter and 5i team,
What is your view of the wine industry in general and Andrew Peller in particular? A news article says that wine prices are set to rise as bad weather brings the worst harvest in 50 years to the industry leaders in France, Spain, and Italy. California was hit by wild fires and climate change is hurting other countries. Is this a positive or a negative for the Canadian wine industry?
I hold ADW.A in myTFSA and it has risen to an 18 % weighting. If I trim some ADW.A, which of the following would be your top pick for growth: BBU.UN, ENB, SYZ, Or GUD
Thank you very much for your opinion
What is your view of the wine industry in general and Andrew Peller in particular? A news article says that wine prices are set to rise as bad weather brings the worst harvest in 50 years to the industry leaders in France, Spain, and Italy. California was hit by wild fires and climate change is hurting other countries. Is this a positive or a negative for the Canadian wine industry?
I hold ADW.A in myTFSA and it has risen to an 18 % weighting. If I trim some ADW.A, which of the following would be your top pick for growth: BBU.UN, ENB, SYZ, Or GUD
Thank you very much for your opinion
Q: Looking at parking some cash for a year or so and would like your best ideas.What are your thoughts on oaken financial? Cdic protection is important.
Thanks as always.
Thanks as always.
Q: hi , i own several income stocks (bns, ipl, igm , eci, ) looking to add anew stock or two, What do you think of my holdings and my 2 new ideas and could you recommend some of your own ideas for income . thx Jack
Q: Can you please comment on the earnings at CU?
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Algonquin Power & Utilities Corp. (AQN)
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Alaris Equity Partners Income Trust (AD.UN)
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Dream Global Real Estate Investment Trust (DRG.UN)
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Diversified Royalty Corp. (DIV)
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Chorus Aviation Inc. Voting and Variable Voting Shares (CHR)
Q: I am thinking of adding these for income and noticed that none are listed in your Income Portfolio. How would rate these with respect to debt level, safety of dividend, P/E, potential growth, other metrics and management team? This is a long term hold and I can stand a fair bit of volitility.
Thanks for your excellent advice.
Thanks for your excellent advice.
Q: Morning,
Is the yield an eligible div? Also, I have MFT in my RRSP account and wondering if having it in TFSA would be any different for withholding tax etc?
Is the yield an eligible div? Also, I have MFT in my RRSP account and wondering if having it in TFSA would be any different for withholding tax etc?
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Horizons Active High Yield Bond ETF (HYI)
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iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
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PIMCO Monthly Income Fund (Canada) (PMIF)
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Mackenzie Floating Rate Income ETF (MFT)
Q: I am looking for a bond ETF to park a substantial amount of money $400K plus for the next 12-24 months. In today's environment with interest rates on the rise i am looking at the following MFT, HYI, XHY or is there a Pimco ETF that would be more suitable.My goal would be to make 3-4% in a safe investment. Any other recommendations would be greatly appreciated.
Q: Hi Team,
With 52 week low ($10.60) on KPT, time to buy 1/2 position ? The dividend is quite high, also I do not own any paper/forest.
Thank you as always,
Tak
With 52 week low ($10.60) on KPT, time to buy 1/2 position ? The dividend is quite high, also I do not own any paper/forest.
Thank you as always,
Tak
Q: Can you elaborate on your rationale for often recommending TRP over other pipelines ? Thanks. Joe
Q: Why are you not adding to your holdings of Enbridge in the Balanced Equity portfolio which represents 1.94% of this portfolio. Do you not view this as a buying opportunity. Thanks. Gerry
Q: Recently bought ENF before Minnesota pipeline concern. What are your thoughts about this Fund. Do you think it is better (or worse to hold than Enbridge? Thanks.
Lorraine
Lorraine
Q: hi Folks can I have your comments on q1 earnigs
Kind regards
Stan
Kind regards
Stan
Q: I hold these 3 bowzers and am obviously getting whipped. Is there any sound logic in combining the 3 into just one of them and that one would have the highest probability of the quickest recovery? I would turn to 5I for advice on which one that would be.
Carl
Carl
Q: 6:21 AM 4/26/2018
I own in excess of $100K in a combination of BEP.UN and BIP.UN bought on the TSX in Canadian Dollars in cash accounts at both TDWaterhouse and at Scotia McLeod. This year TDWaterhouse issued a statement of Foreign Ownership. Scotia McLeod did not. My accountant phoned Scotia McLeod and Scotia said they are both Canadian Companies so are not considered to be foreign so a T1135 form is not required. Can you clarify this issue please
Thank you........ Paul K
I own in excess of $100K in a combination of BEP.UN and BIP.UN bought on the TSX in Canadian Dollars in cash accounts at both TDWaterhouse and at Scotia McLeod. This year TDWaterhouse issued a statement of Foreign Ownership. Scotia McLeod did not. My accountant phoned Scotia McLeod and Scotia said they are both Canadian Companies so are not considered to be foreign so a T1135 form is not required. Can you clarify this issue please
Thank you........ Paul K
Q: Hi Ryan I hold a full position in bep on the us side of my cash account as I need us income.
This stock has been hitting 12 month lows daily .
My question is we’re do you see support for this stock and what catalyst would reverse this downward spiral .
Kind regards
Stan
This stock has been hitting 12 month lows daily .
My question is we’re do you see support for this stock and what catalyst would reverse this downward spiral .
Kind regards
Stan
Q: I currently own kwh in rrsp,Thinking i should trade for enb on a risk reward basis considering div. on enb is north of 7% now. Thoughts on both cos.?will both sink in a rising rate enviroment. Thanks in advance, Mike
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Gilead Sciences Inc. (GILD)
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QUALCOMM Incorporated (QCOM)
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Pfizer Inc. (PFE)
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Verizon Communications Inc. (VZ)
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Vanguard Dividend Appreciation FTF (VIG)
Q: I have Student Transportation in my US account. What would be some good US dividend Stocks and/or ETF's I could invest in to replace the lost dividends that I receive when it is sold later this month? I am looking at 3 or 4 stocks and 1 or 2 ETF's.
Thanks for the advice as it is always welcome.
Thanks for the advice as it is always welcome.