Investment Q&A

Q: Your opinion please on whether or not this is worth holding for the dividend and a future recovery for the financials sector. Thank you.

Q: I have been out of the loop for a while (due to a few health concerns) and have found these two stocks, Fiera and Algonquin, fallen since I last checked in on them.

Is Fiera, then, a SELL? I see that it is diminished in the portfolio, but still hanging in there. If this company is no longer a good proposition, could you suggest a replacement for a steady income/dividend, as that is a priority now in my stage of investing.

And same applies to Algonquin. Is that a good proposition to hold, or can it be replaced now with something with more vitality?

Thanks for your help, as always.

Please deduct points accordingly, as this is a "two-fer". : )

Q: For a long term investor, say 10 + yrs, are the issues you identified in your dropping coverage notice for Fiera, fatal? In the long term the ups and downs of any company are to be expected, however, there are some risk conditions from which a company may not be able to survive. Do you see Fiera as a going concern 10 yrs from now albeit at a lower price and lower dividend. Or perhaps a lower price and zero dividend?

Q: Hello Peter & Team:
How do u compare the income and growth for the above mentioned Co, as we come across the FSZ 8.25% ,3 yr. term offer recently. Fsz.to offers 13% dividend, and the others name above were over7%. How would u rank them from the most prefer to least prefer if i have to placed $50k - 100k into it with a 3- 5 yrs. time horizon. Thank you,

Q: Hi 5i Team,

I am looking to create a dividend portfolio of 15 positions yielding around 6%. My plan is to weigh these positions equally in a non-registered account. A good number of these equities are in your income portfolio but I just wanted to get your opinion if you would swap any of these out or add anything else?

Telus
Enbridge
CNQ
TRP
MFC
BCE
TD
SLF
A&W
BEP.UN
BNS
Acadian Timber
Fiera Capital
CPD
CVD

Thanks in advance for your help!
David

Q: TFSA losers . ET down 27%, RMO 42%, RHC 37%, TCS 55%, FSZ 47%. Are any of these worth keeping? I thank you for your guidance,

Q: They have continued to struggle and are issuing new debts at 8.25% - is this a good risk /reward play? I assume a divy cut is in the cards

Q: Which of these two would you think the dividend is in most jeopardy? Do any have growth potential?
would you hold either?
Thanks
jeff

Q: For a RRIF withdrawal, I'm thinking of switching either FSZ, NWH or BTO (all of which are down) to a TFSA .

Which of these do you think has more upside potential?

Q: What do you see happening if/when FSZ cuts its dividend. Continues to drift downwards without the high dividend as a reason to buy? Bounces with dividend issue resolved and better coverage numbers?
Thanks.
Roman

Q: i own FSZ primarily for the dividend. would you consider switching to CIX now?

Q: Which do you prefer? Which is more protected from a possible dividend cut?

Thanks for your service!!!

Q: I'd appreciate your comments on FSZ's results released today and outlook. I noticed that you lowered your position and implied it is on its way out of your income portfolio. Do you see it as a SELL. While I hold it for the income, I'm also hoping that another company will take it over. Thanks for your help.

Q: How or why do you recommend FSZ.TO Fiera Capital when the payout ratio is 358%

Thats a big number.

Q: It looks like I will need to sell a position or two to pay the tax man. Please rank the companies listed. Thank your

Q: Hi 5i
I thought one of the Canadian banks (National?) had a large interest in FSZ. If this is the case would it be less likely that FSZ would consider cutting the dividend ?
Your thoughts on the dividend safety at this time.

Thanks

Q: Does the current panic in the financial sector make FSZ more attractive or less? Should we treat its recent 13% drop as an opportunity, or should we worry that spooked investors will withdraw assets?

Sometimes companies get taken private when their share price is depressed; given such a move, would shareholders likely be the losers? Not so long ago (at $1/share higher), you characterized FSZ as "fine for income"; do you still think so?

Q: For an income, would you recommend this stock. Is there another that you feel would be better for both income and a little upside.

Thanks

Q: Hello 5i
For NTI you have PE at 5.6 and price at $76.87. This would give the EPS at $15.37 Yet you state EPS at $5.00. Why the difference?
Also, for FSZ, using the net income of $58,499 and dividends paid of $88,183 the retention ratio is -50.74. However using Operating Cash Flow of $143,814 there is retention ratio of 38.68%.Thus in the first instance, to cover the dividend there would be increased debt but in the second instance all seems well. Do you prefer using Cash Flow in this instance? Please take as many credits (if any) as required
Thank you
Stanley

Q: Hello 5i team,
Your thoughts on Fiera capital's earnings. The drop of 15.8% in assets under management does not look good. Every metric seems to have dropped across the board.

How confident are you in this stock to pay out its dividend?

Thank You,
Andrew