Investment Q&A

Q: Can you provide an opinion on Enbridge Preferred Series H (ENB PR.A ) shares ?

Q: Is it a cause for concern that the monthly dividend keeps slowly being reduced? We are at 6 cents a month now.

Q: Would you be comfortable investing in this preferred share for income? Does it have a minimum guarantee dividend that is must pay?

Q: Would you be comfortable buying convertible debenture JE.DB.B for income? Are there any concerns that the company will not be able to meet its obligations when the debenture matures in 2018?

Q: I have used the Financial Post site for convertible debenture quotes for many years. It was an awesome site that providing me with all the info I needed for convertible debentures trading on the TSX. About 4 weeks ago it went away and I have been unable to find another site that was comparable to this one? Does anyone know another site that provides a summary of quotes for Canadian convertible debentures?

Q: Morning .. the re-vamp is great ... EIF issued debentures on Thursday to the tune of $70,000,000 and immediately increased it to $100 m .. can you explain whether the debentures are a positive thing and also is the rather sudden increase good news ? Markets seem to like this offering. Thanks for all you do.

Q: What should we make of yesterday's bought deal ? Is it time to initiate a position ?

Thank you

Q: ? Asked by claude on November 29, 2017:
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Also, dividends cannot usually be paid on common shares before bond interest. Warrants are a form of convertibles which usually do not pay interest.
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Q: on a private placement, what are the advantages for an investor to buy a convert. vs a stock offered at discount
Thanks
CDJ

Q: What is the ticker symbol for the new rate reset preferred shares described in the question by Wayne today? Joe

Q: I see Pembina is offering preferred shares at $25.00 and yielding 4.9%. Would this be good for the fixed income part of a persons portfolio. How safe is it.



w

Q: This is a reset preferred that I bought in the $16 range. With increasing interest rates and collecting the interest, I have done quite well. As long as interest is predicted to rise it will increase in value.
I was thinking that about selling if there is a forecast that interest rate will rise again in Dec or Jan. Will use proceeds to buy ENB in The midst of tax loss selling giving me a better dividend and more opportunity for growth. What’s your view on interest rates and buying ENB ?

Q: I hold PBH.DB.E and am wondering if I should sell the debenture as the current price has gone over the conversion price adjusted for the 125% April 2019 redemption price.

Q: Which would you expect to perform better in a rising rate environment? PR slightly (by about 1%) outperformed HPR over the past 2+ years (since inception of PR), has a higher MER and both are actively managed.

Q: In my previous question I asked about BAM.PR.R not the common stock BAM.A. Could you please revisit my previous question.
BAM.PR.R is a reset preferred.

Q: Brookfield Properties Preferred is available with different extensions from .x, .g, .t, .c, .p, .w, .a, etc. Are all these different preferreds and how can you tell which one is the best one to buy? Many tnx and great upgrade to the site.

Q: What do you think about DIVS, a preferred share ETF, for income. I am retired and living off dividend income.

Q: By complete luck I bought a good chunk of aurora a couple days ago which played off nicely yesterday and today. Any idea why the big jump? Also I have been reading and this article just came out. https://www.newcannabisventures.com/aurora-cannabis-converts-remaining-2018-debentures/

I don't fully understand everything in it. So bassicly they will be converting debentures into more shares? Does it effect your current shares? It's good right?

Q: Hello 5i,
Which preferred do to you prefer? Pardon the pun.
I'm seeking USD dividend income from Canadian companies to take advantage of the div tax credit. Can you suggest other vehicles or strategies to achieve this?
Are these perpetual or rate reset? With rates increasing, why aren't these going down in value? The yield seems to be north of 5%. Any obvious risks I may be overlooking?
Thank you.

Q: Since 5i is not averse to the preferred shares of split corps, here are some notes that have been gleaned from the Quadravest website, listing the ticker symbols of several (not all) of their preferred shares and the approximate dividends:

LFE.PR.B - 6% dividend with no suspensions ever since 2006
DFN.PR.A - 5% dividend with no suspensions ever since 2004
XTD.PR.A - 5% dividend with no suspensions ever since 2009
BK.PR.A - 5% dividend with no suspensions ever since 2006

FTU.PR.B and XMF.PR each suspended dividends for nearly a year during 2009-2010.

I believe DFN.PR.A has the longest history of paying dividends and also the most diverse holdings. Its chart since inception is mostly breathtakingly level, though it lost nearly 30% in 2009-2010.