Q: Does the decline in Telus and Bell have any similarities to the decline in AT&T and Verizon about 6 months ago? I note that the US telecoms staged a nice comeback since. Would you expect the same or are the stories different?
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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.
- QUALCOMM Incorporated (QCOM)
- AT&T Inc. (T)
- United Rentals Inc. (URI)
- ATS Corporation (ATS)
- BCE Inc. (BCE)
Q: I like ATS but am down a bit over the past couple of years. PA suggests I boost my US positions. Im not optimistic about Canada's medium term growth prospects when compared to the US so this might be a good time to make some portfolio adjustments. I'm considering selling ATS and buying a US industrial, perhaps URI. Your thoughts, please. In the same vein, I am looking at Canada's telecom sector and I'm down in both BCE and T. Of course, both pay hopefully sustainable dividends. The US telco sector doesn't look much better. I'm considering bailing on the telcos and adding QCOM as a quasi-surrogate. I know it's rated as tech but telco's are all giving me headaches. Your thoughts please. Al
- Park Lawn Corporation (PLC)
- AT&T Inc. (T)
- Brookfield Renewable Partners L.P. (BEP.UN)
- BCE Inc. (BCE)
Q: Hello team,
I have all four of these in my income portfolio. The telco's for the divs and Park Lawn and BEP for income and growth. All four are down substantially (20-30%) from purchase in fall of 2022. The news out on BCE is less than flattering, while there has not beeen much on PLC. The other two I assume are biding their time, and should/might rerate with a drop in interest rates. I am a long term buy and hold and am quite satisfied with the income aspect of my portfolio, but my finger keeps getting itchy each time I see a drop in SP, for no reason at all.
My question is, will these Companies need rate cuts in order to rerate, or is their business that bad that their SP continues to stagnate. I know the other shoe about the economy improving, but that applies to all stocks, and have taken that into consideration.
Thanks for the service, I'd be lost without it. My former finacial advisor, not such a big fan!
I have all four of these in my income portfolio. The telco's for the divs and Park Lawn and BEP for income and growth. All four are down substantially (20-30%) from purchase in fall of 2022. The news out on BCE is less than flattering, while there has not beeen much on PLC. The other two I assume are biding their time, and should/might rerate with a drop in interest rates. I am a long term buy and hold and am quite satisfied with the income aspect of my portfolio, but my finger keeps getting itchy each time I see a drop in SP, for no reason at all.
My question is, will these Companies need rate cuts in order to rerate, or is their business that bad that their SP continues to stagnate. I know the other shoe about the economy improving, but that applies to all stocks, and have taken that into consideration.
Thanks for the service, I'd be lost without it. My former finacial advisor, not such a big fan!
- PPL Corporation (PPL)
- AT&T Inc. (T)
- Canadian Imperial Bank of Commerce (CM)
- Enbridge Inc (ENB)
- Fabrinet (FN)
- Manulife Financial Corporation (MFC)
- Toronto Dominion Bank (The) (TD)
- TC Energy Corporation (TRP)
- Royal Bank Of Canada (RY)
- BCE Inc. (BCE)
- Bank Of Montreal (BMO)
- Bank Nova Scotia Halifax Pfd 3 (BNS)
Q: Hello - I am an income investor. My view has been to construct my portfolio with companies that pay growing dividends as a way to offset inflation. With BCE’s announcement of reduced expected dividend growth in the future I am considering shifting that portion of my portfolio somewhere else. Can you please provide the stated expected ranges of dividend growth (as a %) of these companies? Please take all the credits you wish. Thank you
Q: Is it true that Telus's dividend has not been covered between 2020-22 and won't be for the following two years?
Other than the benefits of both this sector's limited competition in our country and
this government's immigration policy that has been put in place, are there any other reasons why Telus holds a relatively large PE valuation relative to the single digit PE's of both AT&T and Verizon?
Other than the benefits of both this sector's limited competition in our country and
this government's immigration policy that has been put in place, are there any other reasons why Telus holds a relatively large PE valuation relative to the single digit PE's of both AT&T and Verizon?
- AT&T Inc. (T)
- Royal Bank of Canada (RY)
- BCE Inc. (BCE)
- Algonquin Power & Utilities Corp. (AQN)
- Brookfield Renewable Partners L.P. (BEP)
- Brookfield Infrastructure Partners LP Limited Partnership Units (BIP)
Q: I am starting to plan for year end tax losses taking. Although these companies pay good dividends, I have capital losses greater than the dividend income. Do you have any thoughts on the potential of these companies to recover in 2024.
- AT&T Inc. (T)
- BMO S&P/TSX Capped Composite Index ETF (ZCN)
- iShares S&P/TSX 60 Index ETF (XIU)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Hi, I’m a little overweight in these sectors, and thinking about selling one, and adding XIU or ZCN for diversity and dividend.
Which would you sell ( T or Becp) and which would you add ( XIU or ZCN) for a long term hold. thanks.
Which would you sell ( T or Becp) and which would you add ( XIU or ZCN) for a long term hold. thanks.
- Comcast Corporation Class A Common Stock (CMCSA)
- AT&T Inc. (T)
- Verizon Communications Inc. (VZ)
- T-Mobile US Inc. (TMUS)
Q: You last looked at this in 2022 and didn't sound very good. But the stock stopped going down in October and has been driving higher since then, especially over the last few months. Has something changed with Comcast's fortunes?
- AT&T Inc. (T)
- Restaurant Brands International Inc. (QSR)
- TMX Group Limited (X)
- North West Company Inc. (The) (NWC)
- A&W Revenue Royalties Income Fund (AW.UN)
Q: Wondering if it is time to trade T. Been reading about NWC and wondering if this is a good dividend stock to replace T. Are there other dividend stocks you would recommend.
Q: I'm concerned by the decline in Telus over the past few months. BCE is also in decline and Rogers is not great either. What is happening here and should I just stick with Telus or switch to something else?
Q: Big down day for these two. Is this a great opportunity for the long term?
- AT&T Inc. (T)
- Royal Bank of Canada (RY)
- TC Energy Corporation (TRP)
- Sun Life Financial Inc. (SLF)
- WSP Global Inc. (WSP)
- Enbridge Inc (ENB)
Q: I would like to take some profits from WSP and add to my existing dividend positions such as ENB, RY, SLF, Telus or TRP.
Please let me know your preferred Div Stock out of above list.
Thank you as always
Please let me know your preferred Div Stock out of above list.
Thank you as always
- AT&T Inc. (T)
- Fairfax Financial Holdings Limited Subordinate Voting Shares (FFH)
- WSP Global Inc. (WSP)
- Stella-Jones Inc. (SJ)
- TMX Group Limited (X)
- Kinaxis Inc. (KXS)
- goeasy Ltd. (GSY)
- EQB Inc. (EQB)
- Aritzia Inc. Subordinate Voting Shares (ATZ)
- Algonquin Power & Utilities Corp. (AQN)
- Fortis Inc. (FTS)
- Sun Life Financial Inc. (SLF)
- Toronto Dominion Bank (The) (TD)
- Royal Bank Of Canada (RY)
- Nutrien Ltd. (NTR)
- Cornerstone Building Brands Inc. (CNR)
- Brookfield Infrastructure Corporation (BIPC)
- Brookfield Renewable Corporation Class A Subordinate (BEPC)
- Topicus.com Inc. (TOI)
- TELUS International (Cda) Inc. Subordinate (TIXT)
- Tricon Residential Inc. (TCN)
Q: Hi,
I need to sell all the stocks in my non-registered account to access the cash in the next 2-5 years. I will be selling many of the stocks listed, in the next few weeks. Can you list them in SELL order with a few comments on the rationale.
Also, please list the top 10 Canadian stocks (from this list or others) for longterm holding, since I will buy some of them back in one of my registered accounts (RRSP, TFSA), likely over the next 2 years.
Thank you,
Camille
I need to sell all the stocks in my non-registered account to access the cash in the next 2-5 years. I will be selling many of the stocks listed, in the next few weeks. Can you list them in SELL order with a few comments on the rationale.
Also, please list the top 10 Canadian stocks (from this list or others) for longterm holding, since I will buy some of them back in one of my registered accounts (RRSP, TFSA), likely over the next 2 years.
Thank you,
Camille
Q: BCE dividend payout ratio is 120% and Telus is not far behind. How is this sustainable? Isn't this a warning sign?
- AT&T Inc. (T)
- BMO Covered Call Canadian Banks ETF (ZWB)
- BMO Equal Weight Utilities Index ETF (ZUT)
- Vanguard S&P 500 Index ETF (VFV)
- TD Active Global Real Estate Equity ETF (TGRE)
- Purpose Bitcoin ETF (BTCC)
Q: My Grandsons are 3 &1 old. They have 43% ZUT, 35% VFV, 21% ZWB and 0.9% BTCC.in their present RESP. I am looking for thoughts for the coming year deposit.
My thought are add to VFV (not enough now to reinvest),add a Reit ETF like TGRE or add an telecom ETF. I can not find a telecom ETF in Canada so maybe an alternative would be T.
All thoughts would be much appreciated.
Thank you
My thought are add to VFV (not enough now to reinvest),add a Reit ETF like TGRE or add an telecom ETF. I can not find a telecom ETF in Canada so maybe an alternative would be T.
All thoughts would be much appreciated.
Thank you
Q: If you were going to buy one of these companies for a 3 to 5 year hold - which one would you choose and why?
- AbbVie Inc. (ABBV)
- Bank of America Corporation (BAC)
- Bristol-Myers Squibb Company (BMY)
- Lowe's Companies Inc. (LOW)
- Philip Morris International Inc (PM)
- AT&T Inc. (T)
- Vornado Realty Trust (VNO)
- Blackstone Inc. (BX)
Q: I'm looking to add a US dividend company into my portfolio with some growth.
Can you rank the best, in your view, of these 5 companies VNO, BMY, ABBV, BAC and T? Any suggestions to add to the list?
Thank you,
Can you rank the best, in your view, of these 5 companies VNO, BMY, ABBV, BAC and T? Any suggestions to add to the list?
Thank you,
- PPL Corporation (PPL)
- AT&T Inc. (T)
- Power Corporation of Canada Subordinate Voting Shares (POW)
- Canadian Western Bank (CWB)
- Capital Power Corporation (CPX)
- Alaris Equity Partners Income Trust (AD.UN)
- Russel Metals Inc. (RUS)
- Brookfield Infrastructure Partners L.P. (BIP.UN)
- Exchange Income Corporation (EIF)
- Pizza Pizza Royalty Corp. (PZA)
- BMO Canadian Dividend ETF (ZDV)
- Dream Industrial Real Estate Investment Trust (DIR.UN)
- Automotive Properties Real Estate Investment Trust (APR.UN)
- BMO Canadian High Dividend Covered Call ETF (ZWC)
- Enbridge Inc (ENB)
- Fabrinet (FN)
- Fortis Inc. (FTS)
- Manulife Financial Corporation (MFC)
- Sun Life Financial Inc. (SLF)
- Spectrum Brands Holdings Inc. (SPB)
- Suncor Energy Inc. (SU)
- Toronto Dominion Bank (The) (TD)
- TC Energy Corporation (TRP)
- Royal Bank Of Canada (RY)
- Bank Nova Scotia Halifax Pfd 3 (BNS)
- BMO Covered Call US Banks ETF (ZWK)
Q: These are my current holdings and I am looking forward to 2023. They are held in relatively the same quantities in 5 different accounts, a RRIF, 2 TFSA's and 2 Non registered accounts. I am retired an enjoy the income. Do you see any issues with these holdings or have any suggestions looking forward. The only non dividend holding is AR.
Take any extra credits as necessary. Thank you in advance. Enjoy and appreciate 5i'S help. Happy New Year.
Take any extra credits as necessary. Thank you in advance. Enjoy and appreciate 5i'S help. Happy New Year.
- AT&T Inc. (T)
- Suncor Energy Inc. (SU)
- BCE Inc. (BCE)
- Enbridge Inc. (ENB)
- Canadian Imperial Bank Of Commerce (CM)
- Freehold Royalties Ltd. (FRU)
- goeasy Ltd. (GSY)
- Corby Spirit and Wine Limited Unlimited Voting Common Shares (CSW.A)
- Chorus Aviation Inc. Voting and Variable Voting Shares (CHR)
- Wajax Corporation (WJX)
- Dexterra Group Inc. (DXT)
- Middlefield Real Estate Dividend ETF (MREL)
Q: Hi 5i,
I wonder if you could give us some guidance. My wife holds the above in her RSP, with all being more or less a full position except for ENB at 2X, BCE, CM, and SU at 1.5X each and CHR and DXT at .5X each.
She has until the end of 2024 to convert to a RRIF and currently has $40K to contribute to her RSP and has the room for that contribution.
She would like to invest in some different names, or divest/reinvest in those she has, with an eye to maximizing value before the conversion to a RRIF and to continue thereafter. She's not asking for much - just safety, capital appreciation and income ...!
Based on this info, can you offer any thoughts on new names to add or which of the existing to either pull back on, or dump entirely if that extreme measure seems warranted?
Thank you 5i, and we wish you all an excellent holiday season.
Peter
I wonder if you could give us some guidance. My wife holds the above in her RSP, with all being more or less a full position except for ENB at 2X, BCE, CM, and SU at 1.5X each and CHR and DXT at .5X each.
She has until the end of 2024 to convert to a RRIF and currently has $40K to contribute to her RSP and has the room for that contribution.
She would like to invest in some different names, or divest/reinvest in those she has, with an eye to maximizing value before the conversion to a RRIF and to continue thereafter. She's not asking for much - just safety, capital appreciation and income ...!
Based on this info, can you offer any thoughts on new names to add or which of the existing to either pull back on, or dump entirely if that extreme measure seems warranted?
Thank you 5i, and we wish you all an excellent holiday season.
Peter
- AT&T Inc. (T)
- Toronto-Dominion Bank (The) (TD)
- Canadian National Railway Company (CNR)
- BCE Inc. (BCE)
- Enbridge Inc. (ENB)
- Great-West Lifeco Inc. (GWO)
- Sun Life Financial Inc. (SLF)
- TELUS Corporation (T)
- Power Corporation of Canada Subordinate Voting Shares (POW)
- Fortis Inc. (FTS)
- Pembina Pipeline Corporation (PPL)
- Canadian Utilities Limited Class A Non-Voting Shares (CU)
- Algonquin Power & Utilities Corp. (AQN)
- Lundin Mining Corporation (LUN)
- Labrador Iron Ore Royalty Corporation (LIF)
- Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
- Magna International Inc. (MG)
- Acadian Timber Corp. (ADN)
- Dividend 15 Split Corp. Class A Shares (DFN)
- Life & Banc Split Corp. Class A Shares (LBS)
- Hyatt Hotels Corporation Class A (H)
- E Split Corp. Class A Shares (ENS)
- ReNew Energy Global plc (RNW)
Q: This is my selection of stocks for steady revenue (and secondarily potential growth) .Since a serious economic crisis is not excluded in my opinion ,I now plan to : 1) only keep Cies at low risk to become out of business and that should maintain dividends, based on their history and financial strength , and to : 2) sell the other stocks to buy ETF instead..
Wich stocks can be "relatively safely" kept at long term for this purpose ?
Wich stocks can be "relatively safely" kept at long term for this purpose ?