Q: What is your current view of Timbercreek Financial? Is it worth holding for income? It trend is not comforting. Thanks. cheers
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Greetings:
It has been considerable time since a question has been asked about Timbercreek Financial, formerly Timbercreek Mortgage Investment Corporation. Interest rate now almost 10%-- Was higher in Oct, 23 when price fell badly. I have owned it for years. Apparently they are finishing settling a big bad loan- I have no idea how much they lost and would like to know. Could you please provide as much info about this MIC as possible. Would you buy more or sell? I believe it is back on the road to recovery, or would you buy something like Atrium. or sell both.
Thanks very much for your speedy replies. Wonderful.
Ben.
It has been considerable time since a question has been asked about Timbercreek Financial, formerly Timbercreek Mortgage Investment Corporation. Interest rate now almost 10%-- Was higher in Oct, 23 when price fell badly. I have owned it for years. Apparently they are finishing settling a big bad loan- I have no idea how much they lost and would like to know. Could you please provide as much info about this MIC as possible. Would you buy more or sell? I believe it is back on the road to recovery, or would you buy something like Atrium. or sell both.
Thanks very much for your speedy replies. Wonderful.
Ben.
Q: I would appreciate your scrutiny of this company, its current financial indebtedness. The past history of dividend growth, and is this 10% yield sustainable, also is this dividend eligible for the dividend tax credit, or is this an interest payment? Thank you for this info.
Q: Thoughts on this company? Thank You
- CME Group Inc. (CME)
- Nasdaq Inc. (NDAQ)
- Visa Inc. (V)
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- Manulife Financial Corporation (MFC)
- Power Corporation of Canada Subordinate Voting Shares (POW)
- Timbercreek Financial Corp. (TF)
- Cboe Global Markets Inc. (CBOE)
- Tradeweb Markets Inc. (TW)
- Brookfield Corporation Class A Limited Voting Shares (BN)
- Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM)
Q: Hi Peter and team:
Thank you for the advice you have offered all these time, giving us readers a sense of direction.
I'm a retiree and looking for a balance of income and growth, and currently holding the above in the financial sector and need to trim down as per the Portfolio tracking service suggest. Could u rank your preference from the Income and growth , from Most Prefer (5) to the least (1). Feel free to add names not in the list above.
Deduct as many points as you see fit. Thank you as always
Thank you
Thank you for the advice you have offered all these time, giving us readers a sense of direction.
I'm a retiree and looking for a balance of income and growth, and currently holding the above in the financial sector and need to trim down as per the Portfolio tracking service suggest. Could u rank your preference from the Income and growth , from Most Prefer (5) to the least (1). Feel free to add names not in the list above.
Deduct as many points as you see fit. Thank you as always
Thank you
- Builders Capital Mortgage Corp. (BCF)
- Home Capital Group Inc. (HCG)
- MCAN Mortgage Corporation (MKP)
- Atrium Mortgage Investment Corporation (AI)
- Firm Capital Mortgage Investment Corporation (FC)
- Timbercreek Financial Corp. (TF)
- Fabrinet (FN)
Q: Hello 5i Team
Reviewing the publicly listed mortgage investment corporations (MIC) on the TSX and TSXV.
1 - Are there any others listed on exchange(s) other than the five listed?
2 - Is Builders Capital Mortgage Mortgage too small (~$19M market cap) for consideration?
3 - What is the best metric to compare MICs - price to earnings / price to book / others?
4- What would be your ranking - best to worst?
5 - Any other considerations?
Thank you
Reviewing the publicly listed mortgage investment corporations (MIC) on the TSX and TSXV.
1 - Are there any others listed on exchange(s) other than the five listed?
2 - Is Builders Capital Mortgage Mortgage too small (~$19M market cap) for consideration?
3 - What is the best metric to compare MICs - price to earnings / price to book / others?
4- What would be your ranking - best to worst?
5 - Any other considerations?
Thank you
- CME Group Inc. (CME)
- Nasdaq Inc. (NDAQ)
- Visa Inc. (V)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- Manulife Financial Corporation (MFC)
- Power Corporation of Canada Subordinate Voting Shares (POW)
- Timbercreek Financial Corp. (TF)
- Cboe Global Markets Inc. (CBOE)
- Tradeweb Markets Inc. (TW)
- Brookfield Corporation Class A Limited Voting Shares (BN)
- Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM)
Q: Hello Peter & Team: I am trying to trim down my financial holdings as I am spreading too thin, I'm currently retired and would like income with growth potential with 3 -5 years holdings time frame . Which of the above is most prefer to least prefer, and why.
Thank you for your great service , as always.
Thank you for your great service , as always.
- TC Energy Corporation (TRP)
- TELUS Corporation (T)
- Power Corporation of Canada Subordinate Voting Shares (POW)
- Pembina Pipeline Corporation (PPL)
- Timbercreek Financial Corp. (TF)
Q: 1. Do you recommend purchasing these stocks now, and why pls? 2. How much could TRP price drop if the behind schedule Coastal Gaslink project takes even longer to complete?
Q: Peter: Bill Harris is on BNN today and suggested this stock for a RRSP as it’s basically like a REIT ( my words) as it has to pay out all it earns - so would this also apply to a TFSA ? Thanks
Rod
Rod
Q: Your thoughts on this company?
Q: Can you tell me a little bit about TF and whether you think it would be a good long term for an income investor.
Thanks very much.
Thanks very much.
Q: Whats your thoughts on these 2 companies for income and growth.
Q: I'd be interested in an update on your opinion on MICs, and Timbercreek in particular both over the next year of potentially rising interest rates and as a long term full position hold.
Q: Good Morning,
I am searching for stable high dividend stocks for income, and I was wondering if Timbercreek Financial qualifies. How safe is their dividend? Have they ever cut it? What is the growth potential of this company? What is a good entry point.
Thanks for your service.
Jane
I am searching for stable high dividend stocks for income, and I was wondering if Timbercreek Financial qualifies. How safe is their dividend? Have they ever cut it? What is the growth potential of this company? What is a good entry point.
Thanks for your service.
Jane
- MCAN Mortgage Corporation (MKP)
- Atrium Mortgage Investment Corporation (AI)
- Firm Capital Mortgage Investment Corporation (FC)
- Timbercreek Financial Corp. (TF)
Q: hello
What are your thoughts on MIC's these days? For income of course.
Could you please rank them in order of "distribution" safety?
Thanks
What are your thoughts on MIC's these days? For income of course.
Could you please rank them in order of "distribution" safety?
Thanks
- Firm Capital Property Trust (FCD.UN)
- Diversified Royalty Corp. (DIV)
- Timbercreek Financial Corp. (TF)
- Nexus Industrial REIT (NXR.UN)
Q: WHAT ARE YOUR RECOMMENDATIONS ON THESE SECURITIES. I HAVE HELD THEM FOR A FEW YEARS AND HAVE BEEN SATISFIED WIT THEIR PERFORMANCE BUT I AM THINKING OF SELLING AND MOVING ON TO OTHERS.
PLEASE ADVISE.
THANK YOU, TERRY
PLEASE ADVISE.
THANK YOU, TERRY
- AbbVie Inc. (ABBV)
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- BCE Inc. (BCE)
- Enbridge Inc. (ENB)
- Canadian Imperial Bank Of Commerce (CM)
- Dream Industrial Real Estate Investment Trust (DIR.UN)
- Timbercreek Financial Corp. (TF)
- Vanguard Dividend Appreciation FTF (VIG)
- Vanguard Total International Stock (VXUS)
- HSBC Holdings plc. (HSBC)
- Eaton Vance Tax-Advantaged Global Dividend Income Fund of Beneficial Interest (ETG)
- First Trust Intermediate Duration Preferred & Income Fund of Beneficial Interest (FPF)
- MPLX LP Representing Limited Partner Interests (MPLX)
- Cohen & Steers Infrastructure Fund Inc (UTF)
- Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP)
Q: I would like your help putting together a yield portfolio of between 15 and 20 names.
This would be the entire investments for my wife and I. We are both retired and now live full-time in the U.S. And at some point I expect my Canadian newspaper pension to disappear, so I am looking to replace that money.
I would like your opinion of the above names with regard to safety of the income and overall diversification.
I would also appreciate some additional ideas and would like to know if I`m off base on any or all of these names.
I am currently only invested in CM, BNS and BMO and DIR.UN.
Please take 20 credits (or more).
Thank you in advance for your invaluable assistance.
This would be the entire investments for my wife and I. We are both retired and now live full-time in the U.S. And at some point I expect my Canadian newspaper pension to disappear, so I am looking to replace that money.
I would like your opinion of the above names with regard to safety of the income and overall diversification.
I would also appreciate some additional ideas and would like to know if I`m off base on any or all of these names.
I am currently only invested in CM, BNS and BMO and DIR.UN.
Please take 20 credits (or more).
Thank you in advance for your invaluable assistance.
Q: Hi, may I please have your opinion for a long term hold. Do you think the dividend is sustainable? I see insider buying. Thank you.
- First National Financial Corporation (FN)
- MCAN Mortgage Corporation (MKP)
- Atrium Mortgage Investment Corporation (AI)
- Firm Capital Mortgage Investment Corporation (FC)
- Timbercreek Financial Corp. (TF)
Q: Hello 5i Team
Could you please provide an update on the mortgage investment corporation.
Are they a reasonable source of higher yield interest income?
The four MIC and First National have suffered the declines similar to the market.
These investments would be held in my RRSP for long term interest income and not for capital gains. These would be a small portion of my high yield fixed income portfolio which includes corporate bonds and convertible debentures.
How did MIC fare in the low interest rate environment after the 2008 crash / recession as most stock charts only go back 10 years.
Thanks for the excellent advice in the last four weeks with all the market changes.
Could you please provide an update on the mortgage investment corporation.
Are they a reasonable source of higher yield interest income?
The four MIC and First National have suffered the declines similar to the market.
These investments would be held in my RRSP for long term interest income and not for capital gains. These would be a small portion of my high yield fixed income portfolio which includes corporate bonds and convertible debentures.
How did MIC fare in the low interest rate environment after the 2008 crash / recession as most stock charts only go back 10 years.
Thanks for the excellent advice in the last four weeks with all the market changes.
Q: I have held timbercreek in my rrif for a longtime appreciating it's dividend but little growth. This seems to be a dim outlook for the mortgager in this market as it lost 5% yesterday despite the rally. Is it better that I sell?