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iShares Canadian Financial Monthly Income ETF (FIE $8.85)
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Dividend 15 Split Corp. Class A Shares (DFN $6.39)
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Canoe EIT Income Fund (EIT.UN $15.64)
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BMO Canadian High Dividend Covered Call ETF (ZWC $18.72)
Q: Hi 5i:
Can the Price to Earnings ratio (P/E) be used to determine the valuation of these yield plays or should I be looking at the Net Asset Value (NAV) instead?
Using P/E they rank cheapest to most expensive as: DFN, FIE, ZWC and EIT.UN. Is that accurate and if not, how would you rank them, cheapest to most expensive?
Thanks in advance,
Greg.
Can the Price to Earnings ratio (P/E) be used to determine the valuation of these yield plays or should I be looking at the Net Asset Value (NAV) instead?
Using P/E they rank cheapest to most expensive as: DFN, FIE, ZWC and EIT.UN. Is that accurate and if not, how would you rank them, cheapest to most expensive?
Thanks in advance,
Greg.