Investment Q&A

Q: i took a loss on FSZ last year but with recent results and my transition into retirement i wanted to get your views on the Dividend. As other members have commented it has not increased its dividend since 2019 but is the current dividend sustainable? The results seemed good and for a retiree it is very difficult to find this kind of yield?

Thanks

Q: I hold the above in my income portfolio. With the exception of psi they are half positions. psi has diminished to well under a half position. I have enough new money to top 4 or 5 up to full positions. Which of the above (if any) would you suggest deserve a full 5% weighting? I am of course willing to move in a new direction if that were your advice. I currently hold 24 positions in this account.

Q: Hi. I have held Fiera Capital for a number of years now. I note that you have considered this to be a dividend growth company in a response to Herbert on 06 Apr. My records show there has not been a dividend increase (.21 a share quarterly) since 19 June 2019. Am I missing something? Are you anticipating company growth and therefore dividend growth?
Thanks always

Q: If I own FSZ would it fine to buy BAM.A or would BEP.UN be better ? I currently own ENB. This is for a RRSP account.
Thanks

Q: I own both of these companies. I like the income of FSZ but the growth has been flat, what are your thoughts on stepping out of FSZ and adding to my position of GSY? If you see a suitable alternative to GSY please share.

Q: thoughts on the quarter please?

Q: Wondering when Fiera reports, and what their payout ratio is. They seem locked in a narrow range? Are there concerns looking forward for Fiera and their high dividend

Q: Knowing that Bam is much bigger then Fsz, can you still compare them. They are both asset management companies one much bigger than the other. One has a dividend of 1.19%, the other smaller one has a dividend of 7.81%.Why such a difference.

Q: I have an unregistered cdn div payer account, which has about 20% financial sector weighting. This is probably a little high for this account, but overall portfolio diversification including other accounts levels this out much better.

I'm happy to stay with 20% financial in this account, and this is currently achieved via equal weights of BNS, RY and SLF. In pursuit of higher yield, I am considering replacing RY (4%) with FSZ (7%) and looking for your comments on this idea.

Account objective is retirement income for next 10 to 20.

Thanks,

Jim

Q: Hey, Happy New Year! Long time member since 2013. Looks like we got by another crisis with the lessons learned from you. EIF and FSZ have not recovered yet. Both down about 15%. Your thoughts please going forward. Both in a registered account.

Q: Hi 5I! Two questions here for the end of 2020.

1- LSPD is now a 100% above its pre-pandemic levels with a market cap of more than 9 bln. Share price has doubled in two months. All of this with negative net income, negative net margin, negative ROE, negative EPS, etc... Price to sales ratio is at a astounding 39+! And, a probably decent portion of its customers still on lock-down around the world. I understand growth expectation are high and analysts are pounding the table on this one. The quintessence of the "Recovery" play. But at what point, to put it mildly, can we honestly say the stock is getting a bit ahead of itself? Isn't the downside risk factor growing at a equal alarming pace here, if things don't pan out like everyone expect? Don't get me wrong, I'm very happy to have bought the stock back in april. But I've learned over the years to be very careful when things get too easy. My best success in the market have always been acheived on the long run, with lots of patience and when things are boring.

2- FSZ has been trading at a very high yield for a long time now. How worry should I be since the yield stubbornly refuses to return to more "normal" levels. Either the market deeply undervalues the company or it thinks their payout ratio is too high and a dividend cut highly probable. Or, I'm missing something, which is also highly probable. Your toughts on this would be very appreciated.

To everyone at 5i, have a great holiday, happy New Year 2021 and thank you for your great work in 2020.

Q: Your comment on the last quarter

Thank you

Q: I am thinking of selling this for a tax loss but would be looking to repurchase later. Can you recommend a good proxy for the next 30 days or so?

Appreciate your insight.

Paul F.

Q: HI there 5 i team:
I have been holding FSZ for a while and it seems that it does not react to the ups and downs of the market , for the last 5 months it seems to be forming a base around 11 cad , do you think there is a good chance it will break to the upside anytime soon ? Thanks

Q: Please rate the above for survival and continued Div. payout in the next 5 years, based on cash- flow that well covers the dividend . I am a senior and need income. I have a position in all the above and would like a rating best first. Please insert your suggestions for the above criteria.
thanks
Yossi

Q: Three questions please,
1 - ONEX - BUY, SELL OR HOLD FOR INCOME.
2 - FSZ - IS THIS DIVIDEND SAFE FOR THE NEXT FEW YEARS. DO YOU SEE ANY GROWTH.
3 - CU - YOUR THOUGHTS ON THIS DIVIDEND KING.

Q: What five income stocks do you see as undervalued at this time. How much upside potential in each do you calculate. What is the time frame involved before you believe each reaches its price expectation. Thank you

Q: Hello Peter, I am intrigued after reading that a Canadian can earn about $50,000 per year of dividend income without paying any income tax. I know about your income portfolio of course, but with a view to maximizing just Canadian eligible dividend income, what would you think of the following portfolio of 14 stocks. Equal weighted, the stocks would yield 5.3%. (Disregard lack of market diversification; this can be achieved in one’s registered accounts.) Also, if one wanted to pare down the list to 10, which 4 would you delete?
BCE, CM, ENB, FTS, CNQ, AQN, CPD, FSZ, MG, KBL, POW, ALA, BIPC and NTR. Thanks!

Q: I have about 29.3% of my portfolio in financials. Is this too much? I'm above water on all except BNS with FSZ about even if I include the dividend. Which would you suggest dropping if I'm too heavy in this area & in what order? Thanks,as always for your wonderful guidance
Dave

Q: Your thoughts on Fiera Capital & thanks...