Q: I recently sold my full positions in both of these banks and realized significant capital gains to use as income in my RRIF. Most big banks stocks have climbed since increasing their dividends so I'm not sure which one or two to buy next. I have done well over the years by buying the laggards, collecting dividends and waiting for conditions to improve. Which relatively poor performers would you suggest I consider next and why?
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: If the ECN dividend is setup as a DRIP, how is the price of the new purchased shares determined? Is it end of day value or is there a price guarantee of some sort? I guess what I'm wondering is, will the automatic purchase of new shares from the special dividend effect the market value of the shares on the dividend payout date?
Q: This has gotten increasingly confusing.
Can you please confirm how the due bill works?
If shareholders were to sell when would be the last day they could and not receive the dividend?
If shareholders were to sell and want to be still paid the dividend what is the earliest date one could sell?
Can you please confirm how the due bill works?
If shareholders were to sell when would be the last day they could and not receive the dividend?
If shareholders were to sell and want to be still paid the dividend what is the earliest date one could sell?
Q: Good evening to 5i team,
I unloaded some Canadian banks making rooms for US banks in my portfolio. Your thoughts on Western Union vs Huntington Bancshares (pending the merger with Truist Bank), I have JP Morgan, Bank of America and small portion of Bank of New York. Your input is always valuable to our family. Thank you!
I unloaded some Canadian banks making rooms for US banks in my portfolio. Your thoughts on Western Union vs Huntington Bancshares (pending the merger with Truist Bank), I have JP Morgan, Bank of America and small portion of Bank of New York. Your input is always valuable to our family. Thank you!
Q: I have some ecn in my riff and need to get some cash available for my year end withdrawal and need to know if the dividend payment is in fact to be paid before year end to cover my government obligation so I will not have to sell other stocks to meet the cash requirement. Please advise.
Cheers Doug
Cheers Doug
Q: Well, count me confused.
“The Distribution is scheduled to be paid on December 22, 2021 (the “Payment Date”) to holders of Common Shares of record as of the close of business on December 15, 2021 (the “Record Date”). Subject to confirmation from the Toronto Stock Exchange, ECN Capital expects the Common Shares to commence trading on a “due bill” basis at the opening of trading on December 14, 2021 and to commence trading “ex-distribution” on December 23, 2021. The due bill redemption date will be December 24, 2021.”
This seems to indicate that you must be in ownership of ECN on December 14 to receive the dividend/distribution on the 22nd.
Is this some sort of financespeak? Are they aspiring politicians?
“The Distribution is scheduled to be paid on December 22, 2021 (the “Payment Date”) to holders of Common Shares of record as of the close of business on December 15, 2021 (the “Record Date”). Subject to confirmation from the Toronto Stock Exchange, ECN Capital expects the Common Shares to commence trading on a “due bill” basis at the opening of trading on December 14, 2021 and to commence trading “ex-distribution” on December 23, 2021. The due bill redemption date will be December 24, 2021.”
This seems to indicate that you must be in ownership of ECN on December 14 to receive the dividend/distribution on the 22nd.
Is this some sort of financespeak? Are they aspiring politicians?
Q: Fairfax is offering to buy back shares between $425 and $500 US. Do you have any thoughts or recommendations re this offer ?
-
Meta Platforms Inc. (META $606.18)
-
Alphabet Inc. (GOOG $305.52)
-
Intuitive Surgical Inc. (ISRG $480.26)
-
Booking Holdings Inc. (BKNG $4,303.49)
-
AbbVie Inc. (ABBV $205.75)
-
The AES Corporation (AES $14.15)
-
Duke Energy Corporation (Holding Company) (DUK $129.69)
-
Home Depot Inc. (The) (HD $328.26)
-
Hess Corporation (HES)
-
JPMorgan Chase & Co. (JPM $288.14)
-
Medtronic plc. (MDT $86.83)
-
Mosaic Company (The) (MOS $26.20)
-
Morgan Stanley (MS $158.83)
-
Prologis Inc. (PLD $131.02)
-
PPG Industries Inc. (PPG $98.05)
-
Public Storage (PSA $277.44)
-
Sherwin-Williams Company (The) (SHW $310.15)
-
Stryker Corporation (SYK $341.01)
-
TJX Companies Inc. (The) (TJX $154.96)
-
Verizon Communications Inc. (VZ $49.46)
-
Exxon Mobil Corporation (XOM $158.46)
-
Xylem Inc. New (XYL $120.68)
-
Bank of Nova Scotia (The) (BNS $94.38)
-
Suncor Energy Inc. (SU $86.99)
-
BCE Inc. (BCE $35.35)
-
Canadian Natural Resources Limited (CNQ $69.57)
-
Loblaw Companies Limited (L $61.86)
-
Sun Life Financial Inc. (SLF $86.05)
-
Rogers Communications Inc. Class B Non-voting Shares (RCI.B $53.06)
-
TELUS Corporation (T $18.05)
-
Dollarama Inc. (DOL $183.80)
-
Fortis Inc. (FTS $77.17)
-
ARC Resources Ltd. (ARX $28.86)
-
WSP Global Inc. (WSP $219.43)
-
Algonquin Power & Utilities Corp. (AQN $8.90)
-
Canadian Apartment Properties Real Estate Investment Trust (CAR.UN $35.92)
-
Descartes Systems Group Inc. (The) (DSG $99.64)
-
TFI International Inc. (TFII $135.72)
-
Whitecap Resources Inc. (WCP $14.99)
-
ATS Corporation (ATS $42.76)
-
BRP Inc. Subordinate Voting Shares (DOO $85.30)
-
Primo Water Corporation (PRMW $37.40)
-
Premium Brands Holdings Corporation (PBH $87.21)
-
Knight Therapeutics Inc. (GUD $6.31)
-
Block Inc. Class A (SQ)
-
goeasy Ltd. (GSY $35.47)
-
InterRent Real Estate Investment Trust (IIP.UN $13.26)
-
Dream Industrial Real Estate Investment Trust (DIR.UN $12.55)
-
Profound Medical Corp. (PRN $7.09)
-
Boralex Inc. Class A Shares (BLX $28.69)
-
Aritzia Inc. Subordinate Voting Shares (ATZ $110.10)
-
CubeSmart (CUBE $38.18)
-
Nutrien Ltd. (NTR $104.42)
-
Alimentation Couche-Tard Inc. (ATD.A)
-
Extra Space Storage Inc (EXR $135.83)
-
MEDIFAST INC (MED $10.08)
-
T-Mobile US Inc. (TMUS $206.70)
-
Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD $12.14)
-
CrowdStrike Holdings Inc. (CRWD $428.29)
-
Jacobs Solutions Inc. (J $128.25)
-
Trane Technologies plc (TT $423.24)
-
Celsius Holdings Inc. (CELH $42.88)
-
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC $55.45)
-
Topicus.com Inc. (TOI $96.78)
Q: Hi Peter,
In this downtrend market could you please give your three best stocks to buy for 3 to 5 years hold in each sector in canada and US as well ?
Thank you for your best advise on this platform.
KT
In this downtrend market could you please give your three best stocks to buy for 3 to 5 years hold in each sector in canada and US as well ?
Thank you for your best advise on this platform.
KT
Q: Please clarify the ex dividend date for ECN’s special dividend. You have now given different answers ‘to this question, probably due to the company’ s confusing press release.
Q: Looks like the ex-dividend date is now Dec 23; what is due bill?
Q: I know no stock is as safe as bonds, cash etc. However based on valuation I think Manulife is a good stock right now based on valuation and dividend. Any red flags when you consider this stock? Thanks Bill
-
PayPal Holdings Inc. (PYPL $44.42)
-
Fidelity National Information Services Inc. (FIS $49.29)
-
Mastercard Incorporated (MA $491.65)
-
Visa Inc. (V $299.74)
-
Block Inc. Class A (SQ)
-
Global Payments Inc. (GPN $68.29)
-
Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD $12.14)
-
Shift4 Payments Inc. Class A (FOUR $41.90)
-
Upstart Holdings Inc. (UPST $26.79)
-
Affirm Holdings Inc. (AFRM $44.44)
-
SoFi Technologies Inc. (SOFI $17.09)
Q: I'm interested in the payments/financial services sector...
1. Please rate/rank the following: 1 through 10 if you had new money to deploy in this sector...
- I understand not all the same...
- If any new ideas/companies, please list as well...
2. Who do you think will win the Grey Cup ? Are you doing odds and taking bets with 5i ?? - Sports-book Division in the future ??
Thanks,
Have a good week!
1. Please rate/rank the following: 1 through 10 if you had new money to deploy in this sector...
- I understand not all the same...
- If any new ideas/companies, please list as well...
2. Who do you think will win the Grey Cup ? Are you doing odds and taking bets with 5i ?? - Sports-book Division in the future ??
Thanks,
Have a good week!
Q: As we all scratch our heads on yesterday's announcement I see CIBC gives us a post payout price. I live in hope!
• ECN Capital Corp: CIBC cuts price target to C$6 from C$11.50, reflecting expectations for the company's
market value to decline when the stock goes ex-dividend.
• ECN Capital Corp: CIBC cuts price target to C$6 from C$11.50, reflecting expectations for the company's
market value to decline when the stock goes ex-dividend.
-
Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ $5.18)
-
ECN Capital Corp. (ECN $3.07)
Q: Looking past the ECN special dividend, how would you compare ECN and FSZ for the longer term for safety of capital and dividends, and growth? Aside from the big six banks, are there other names that trade on Canadian markets in the broader financial services area that you might consider to be superior to these two for safety and growth? Please take whatever credits needed. Thanks.
Q: I'm in ECN at $3.75 & it has become 10% of my portfolio so my question is should I sell now or wait for the dividend & keep the shares? Thanks ,as always, for your thoughtful advice
Dave
Dave
Q: If I have a synthetic drip established with my broker for ECN, will I be buying an bunch of ECN shares instead of receiving cash from the dividend? If yes, is it worth keeping this in place?
-
Royal Bank of Canada (RY $220.30)
-
Toronto-Dominion Bank (The) (TD $128.59)
-
Bank of Nova Scotia (The) (BNS $94.38)
-
Canadian Imperial Bank Of Commerce (CM $131.55)
-
National Bank of Canada (NA $178.40)
Q: Hi, is it a good time to add to CDN banks, with expectation of higher rates and trend for returning capital to shareholders. If so, which ones will you consider as winners, over next several years ? Could you rate them, in order of priority ? in the same token, do you have a particular view on CIBC as the dividend yield and P/E ratio seem to be most attractive in the group ? Thank You
Q: Please comment on the Q4 earnings and outlook for CWB. Both looked good but the share price took a hit. Would you buy here ? Thank you.
Q: I am debating which one of these to purchase, both are growing fast, neither are profitable. I am looking for a 5 year + investment. How would you compare these, what merits stand out for you?
Q: Good morning,
This ETF has seen a significant drop from its 52 week high and although I still value most of the companies held in this ETF (Visa, Mastercard, Square & PayPal) to name a few, do you see this ETF turning around anytime soon or is it time to lock in small profits. Thanks.
This ETF has seen a significant drop from its 52 week high and although I still value most of the companies held in this ETF (Visa, Mastercard, Square & PayPal) to name a few, do you see this ETF turning around anytime soon or is it time to lock in small profits. Thanks.