Q: Are Fiera's dividends sustainable? I just read an article which said it had a 160% earnings payout as dividends to shareholders and a 55% cash payout ratio last year. Can you explain which metric you consider more important? Thanks!
Read AnswerInvestment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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Algonquin Power & Utilities Corp. (AQN)
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goeasy Ltd. (GSY)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
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Exchange Income Corporation (EIF)
Q: Can you give me some of your favourite beaten down stocks right now that are eligible for the Canadian dividend tax credit? I have a non-registered portfolio for income and am looking to add some capital. Thank you!
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Bank of Nova Scotia (The) (BNS)
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Enbridge Inc. (ENB)
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Sun Life Financial Inc. (SLF)
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SmartCentres Real Estate Investment Trust (SRU.UN)
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Stella-Jones Inc. (SJ)
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Labrador Iron Ore Royalty Corporation (LIF)
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North West Company Inc. (The) (NWC)
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Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
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Magna International Inc. (MG)
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Open Text Corporation (OTEX)
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goeasy Ltd. (GSY)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
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Exchange Income Corporation (EIF)
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Dream Industrial Real Estate Investment Trust (DIR.UN)
Q: Would like your suggestions of 7 value stocks that also have a history of increasing dividends for both a balance portfolio and an income portfolio ....primarily Canadian stocks or secondary US traded stocks.
and please take the number of credits necessary to complete this "task". ........thanks.....Tom
Q: Hi 5i
With reference to Harpinders June 15 questions regarding "buy,sell hold or watch " ..It was not clear to me what 5i's advice was...would you mind clarifying..
Many thanks
jim
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Alaris Equity Partners Income Trust (AD.UN)
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A&W Revenue Royalties Income Fund (AW.UN)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
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MCAN Mortgage Corporation (MKP)
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Dream Industrial Real Estate Investment Trust (DIR.UN)
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Firm Capital Mortgage Investment Corporation (FC)
Q: Please rank these stocks and would you be comfortable buying them now for their generous yields with at least a three year hold?
Any individual company comments are welcome. Thanks.
Q: Hi, Would you consider FSZ buy, sell, or hold at this time or keep it on watch?
Dividend yield is 9.36%. do you consider dividend to be at risk?
in answer to one of the question earlier this year, you mentioned that you "would like to see the company begin to reduce some of its debt levels" Any change there?
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AltaGas Ltd. (ALA)
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ATCO Ltd. Class I Non-voting Shares (ACO.X)
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Alaris Equity Partners Income Trust (AD.UN)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
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Exchange Income Corporation (EIF)
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Evertz Technologies Limited (ET)
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Doman Building Materials Group Ltd. (DBM)
Q: Please rank the above 7 stocks in terms of the negative impact a recession-based bear market would have on their price, and also on their ability to maintain their dividend.
Thank you!
Q: I almost missed the notice that the Directors of DM had purchased almost 2.5 million shares of the company last month which I see as positive but I also noticed when reading the FSZ information circular that 3 of the 4 Directors I was asked for vote for did not own a single share of FSZ. Needless to say they did not get my vote and I will now look to sell my FSZ in the near future. If the Directors aren't willing to own shares in their company then neither will I.
Read AnswerQ: thoughts on the quarter please?
Read AnswerQ: Would these type of companies do well in a higher interest rate environment or would they suffer? Because these Co's are both higher risk income stocks, is it better to diversify having both or not? Currently I hold a half position in FSZ, and am contemplating buying FC. What do you think a good entry point would be? Thank so much!
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CI Financial Corp. (CIX)
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IGM Financial Inc. (IGM)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
Q: In an answer earlier this year, you mentioned IGM as having "turned itself around"; did you mean (for example) changes in its business practices, or its break-out from its pre-pandemic trading range? In another answer, you spoke of CIX's "high leverage to capital markets"; how do CIX, FSZ, and IGM compare in this respect? You've characterized the sector as "fairly cheap, with not a whole lot of organic growth and lots of pressure on margins"; given this backdrop (and assuming the sector is even investable), is IGM's relative market cap (3X CIX, 10X FSZ) a material reason to prefer it over the other two? Or is CIX's depressed share price (and implied growth-potential) more decisive?
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CI Financial Corp. (CIX)
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IGM Financial Inc. (IGM)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
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Artisan Partners Asset Management Inc. Class A (APAM)
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Janus Henderson Group plc (JHG)
Q: What is your opinion of the value of asset managers as an investment in the current market? Which asset managers are the best priced with the most lucrative/sustainable dividend? Thanks!
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Q: Thoughts on the quarter for FSZ.
Thanks
Rob
Q: I know you have answered some questions recently on FSZ. Have your thoughts change after the results this morning (Feb 25) ? I have it for income so wondering if you think the hefty dividend is safe and thoughts for capital appreciation over the next 8-24 months ?
Read AnswerQ: Thoughts on FSZ for income? The dividend looks fabulous but I know that people often say a high dividend is a red flag. How safe is this company? What are the risks?
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Q: I have owned FSZ for a few years now and while the dividend is approx 8% the stock has not grown, in fact its lower now then it was 3 years ago. Looking to sell FSZ and looking for some suggestions as to what to purchase regardless of sector that will pay a divided with growth that will exceed the dividend of FSZ. I do not see a lot of growth for FSZ.
Wayne
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Alaris Equity Partners Income Trust (AD.UN)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
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MCAN Mortgage Corporation (MKP)
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Firm Capital Mortgage Investment Corporation (FC)
Q: I own small positions in Fiera, Firm Capital, Alaris and Mcan for their outsized yields. I'm close to even on three and down 5% on Fiera (8 5% yield).
Would you keep them as long term investments and please rank them. Thanks.
Q: FSZ bought back a large block at much lower price than the market. Would you guess that this is part of a larger plan, perhaps restructuring, merger...etc. Since they spent lots of cash, would that also constrain them from an acquisition. With high dividends, cash flow and low P/E why this stock is not getting traction? Appreciate your opinion, thanks
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Q: where does FSZ get the moey to buy back their shared?
Thx
Q: Hi 5i
Given that FSZ valued its own company share price at $9.80 ($34.89/3.56), why should investors be paying a premium to buy this stock today ($10.20 after decline)?
With new CEO in place now, what is to say he doesn't decide to cut the dividend that we all seem to be hanging around for these days?
Dave