Investment Q&A

Q: Hi,
Could you please comment on commercial impaired loan growth with respect to the Canadian banks prior to the Cov 19 crisis ? Have they increased their reserves appropriately ?
Thanks

Q: In this covid-19 crisis,BNS & other big 5 can banks have been following the orders/instructions/requests of both OSFI & the Fed.Gov't.For example,deferring mortgage & credit payments,reducing interest rate on their charge cards,lending supported by the backup of the Fed.etc. What will be the impact on BNS especially on its revenue & bottom line? Txs for u usual great services & advices.

Q: How healthy is the comp. and is the div. safe ?

Q: Which one credit card company would you prefer today? I am looking at Visa, Master Card and American Express. Thanks.

Q: you guys seem to be fine with this stock.
But the market thinks different.Why?
Any compelling reasons to buy it here?
What is their financial situation and metric/numbers.
Would you initiate a position here?

Q: What was the payout ratio at National at the time of the last dividend?

Also do you have any details of the circumstances that caused Na to cut their dividends in the past, such as how dire their circumstances were.

Thx!

Q: Hi 5i Team,
What is the payout ratio for BNS? I would like to enter back into the stock with my TFSA for dividend and appreciation at this point. How safe is the dividend?

Andrew

Q: This is a follow up to my question the other day regarding the Canadian government backstopping mortgages .... as well as querying the best option for dividend income if looking solely at preferreds, bonds and the Canadian banks ( given their attractive dividends and perceived safety - of course unless something really dreadful happens to wipe out their financial reserves and force them to cancel dividends)

My original question might have been a bit vague regarding this part of it. My apologies.

I would appreciate your assessment of these 3 options with dividend safety and size of yield ahead of any share price increases.

Thanks again.

Q: what is your opinion of this company

Q: How much of an influence do American investors have on the price of our banks? Many Canadian investors have bank stocks and rely on their dividends for income.

Steve Eisman of "The Big Short" was talking about how an interesting short he sees is Canadian banks and that he has been short for some time. He says the Canadian banks have not had a credit cycle in 30 years, they are extremely unprepared for it and will have real problems.

What is your opinion?

Thanks!

Q: Can you please explain why you prefer JPM and BAC over C? At current prices vs. previous highs, I am tempted more towards C. Thanks.

Q: Can you please provide me your top 6 Canadian financials that you would buy at this time. Please rank:
Thank you

Q: which one would you choose (could be possible more than 1 if must) and why?
thanks

Q: I have held GWO as a reliable dividend stock for several decades and it has never cut its divvy and on several occasions has raised it. At a yield of over 8% is it signalling trouble ahead? How bad and for what reasons would the dividend be cut? 8% is very tempting but lessons learned in the past have taught me that chasing yield is never a good idea. Thanks Ron

Q: I use a big bank trading platform but possess limited skill sets in setting up the stock screeners. We can recognize however, this book value to stock price. (aware of the temporary dividend suspension).
How can I more easily find investments like this one ?

Q: What are the prospects for this bank in light of the collapse in oil prices?

Q: I have most of my wealth in an unregistered account and would like to invest in the safety of Bonds or GIC's but I don't like that they get fully taxed. Are there any ETF's or funds you would suggest that use derivatives or some other wizardy to turn Bond/GIC income into dividends so they are taxed more favorably? All without giving the advantage back through high fees or MER?

Q: while the dividend looks inviting for income ,have i missed something why the co-chairmen would give them selves raises for what seems not much of a performance .

Q: I hold 2 % weighting of this company and am a little nervous about the Covid effect going forward for IGM. I am down 30 % on it. What might be a better company, in any sector going forward to recover the 30 % ?

Q: Regarding Gayle’s question today and reference to BOC backstopping the real estate market by purchasing mortgages,etc.

Question: Would knowing this give you more (i.e. me) more confidence in buying Canadian banks now given their current share prices and more importantly attractive dividends?

Call me a “worrier” but I have held off adding to my already losing positions in BNS and CM thinking that dividends might become vulnerable if mortgage defaults start to increase significantly.

Question: I am retired, income oriented and combing the market for yield. Bonds seem unattractive and preferreds have a number of inherent risks as I think you have pointed out. Or am I perceiving your opinion incorrectly.? Hence my looking at banks again.

Thank you in advance for your help with these decisions.