Investment Q&A

Q: I'm 84 and depend on dividends for income. In the Utility category I have AQN, EMA, BEP.UN. I'd like to add a couple more to this. Can you suggest a few that I can check out. Thanks, Ted

Q: I am becoming interested in Enbridge as it gets close to 50 dollars. I was trying to find the payout ratio and I found it on a site it was paying out 102%. Is this correct? I find this hard to believe as everyone like to recommend this stock which would not wise if it cant cover dividend. Where do I find accurate pay out ratios?

Q: I'm setting up an income portfolio. What would you think of ENB, IPL, ALA, PEY, and Vet comprising 10% of the portfolio? The utility sector will be 15%, as in a separate question.

Q: Hi, I am looking to pick either ENB or ALA for utility sector. from dividend and valuation perspective, ALA looks far more attractive.
I would appreciate if you can provide a comparison of the two and your preference.

Q: Hi 5i team,

Could you suggest some dividend growth companies that look attractive at current valuations?

Thanks

Q: my question regards our holding 2.5% in enb and 2.5% in ala both pay wonderful dividends but both are down about 6% in our portfolio...would you keep these both these stocks or remove one of them ...we also own a 1% weighting in wcp in energy but a 4% weighting in kwh.un and vnr...this is not a burning question but one that we feel possibly needs to be addressed and you are the people that know best so thank you for your advise...

Q: Hi Peter and Gang,

IPL is currently trading at a much lower P/E ratio (18X, 6.3% dividend yield) than PPL (35X, 4.8%) and ENB (50x, 4.9%). Would you please comment on what may have contributed to this.

Cheers,
Harry

Q: I already own both, what are your thoughts of further purchases at these levels ? Enbridge as a buy and hold and Teck as a trade. Thanks Steve

Q: Presently has 6.25% of portfolio in Energy consisting of 2.5%,2.5% & 1.25%.of ALA.R,KEL(down 38%) & HWO(down 28%)respectively.Is this a good entry point for ENB? If so,my exposure to the energy sector maybe too high,so thinking of selling HWO.Please advise.Appreciate u usual great services & views

Q: As a conservative investor/retiree with a diversified portfolio looking for income and some growth, I am considering Enbridge (now own TRP). Sources mention Enbridge's pipeline of growth opportunities and anticipated 10% - 12% annual dividend increases through 2024. These projections "feel" optimistic, given the large debt taken on to acquire Spectra? Does 5i feel the debt/equity mix was appropriate on the Spectra purchase? Does 5i see any reason to be concerned about "culture clash" between the management groups or other integration risk? Thank you for your comments. Edward

Q: Could you pls. provide your current thinking about the Canadian pipeline and related services sector?
Which companies would be in your top 3 and how would you rate today's buying opportunity? My historical context is that PE's are lofty and yields were low but are improving as sector stock values decline. At what point would your top choices be a compelling buy as a long term hold for the income oriented investor?
Thanks, Hugh

Q: Would you recommend I switch from IPL to ENB in my portfolio?

Appreciate your insight.

Paul F.

Q: adding to the pile of questions on ENB that you have been getting lately :) I gather the stock is down almost 12% YTD excl dividends due to lower oil prices and also being a sort of bond proxy so as rates rise people look elsewhere for equivalent risk free yield. The current yield, based on a full year at the current quarterly payment rate, is close to 5% and the company has stated a clear path to raising the dividend in the future. While short term rates are rising it doesn't look like long term rates are moving in the same direction. Given the spread between ENB dividend and long term bond rates do you feel investors are getting enough of a premium to invest in ENB and would you be a buyer here for a 5-10 year hold?

Q: Please rank ENB, TRP, PPL, IPL & Key as to their dividend rate, safety of the dividend and the volatility of the share price from best to last. I want to add one of these companies to a RIF. Thanks

Q: How will a rise in interest rates affect a company like Enbridge? Thanks

Q: why th2 big drpp in Enbridge

Q: With no tax implications, how would you feel about a switch from IPL to ENB as a long term hold.

Q: I am looking at ENB for a very long term hold, preferably a never-sell situation where I can rely on the dividends through retirement. Difficult question, but with the decline of fossil fuel use over the next few decades as electric vehicles and alternative energy come into play, is ENB less attractive for very long term dividend growth? Thanks.

Q: Hi Peter,

Could you comment on why TransCanada is holding up much better versus Enbridge during this Energy correction? I hold both equities and considering selling TRP to fund the purchase of ENB.

Thanks,
Angelo

Q: I realize this is a subjective question. Amongst ENB,IPL,ALA, PPL.

Based on 10 / 10 being really good; Please give me a number for each based on "overall quality of company", past 10 year historical track record, safety of dividend and future growth.

thanks