Q: Please comment in more detail about the 25% drop in share price in the past month, the massive debt load at over 3x total equity - to increase I assume with recent acquisitions, and on what appears to be a major revaluation by the market. In your last report on BEP.UN (July/21) you stated the 12.4x forward sales multiple (at the time) was the lowest since 2019. Currently BEPC appears to be trading at less than 2x sales.
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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.
- Brookfield Renewable Partners L.P. (BEP.UN)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: why the downward trend for both. any concerns. would you add to a small position
- Brookfield Renewable Partners L.P. (BEP.UN)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: I hold both BEPC and BEP.UN and would like to consolidate into one. Which company would be best to hold? Is this a move I can do now or is it best to wait or sell one and wait to buy the other after the market settles a bit?
Thanks
Dan
Thanks
Dan
- NextEra Energy Inc. (NEE)
- Fortis Inc. (FTS)
- Algonquin Power & Utilities Corp. (AQN)
- Northland Power Inc. (NPI)
- Boralex Inc. Class A Shares (BLX)
- Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: I am trying build a list of buy and forget core stocks for each sector. I hold the following utilities in various accounts: FTS, BIPC, BEPC, AQN, NEE, BLX, NPI. Can you please rank these for safety and also for growth. I hold BLX in a corp account because it has the lowest yield - do you see BLX as a long term buy and forget stock? Thanks.
- BCE Inc. (BCE)
- Enbridge Inc. (ENB)
- TELUS Corporation (T)
- Hydro One Limited (H)
- Fortis Inc. (FTS)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Peter, if we are in for a a big long term bear market what are some canadian div payers that would suit 75 year olds that need the div? Thank you for your advice Ken
- Capital Power Corporation (CPX)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Are the risk profiles similar with CPX and BEPC? Which do you prefer to own or would you buy both for a combination of income and growth?
Thanks for your service?
Thanks for your service?
- Fortis Inc. (FTS)
- Brookfield Renewable Partners L.P. (BEP.UN)
- Algonquin Power & Utilities Corp. (AQN)
- Polaris Renewable Energy Inc. (PIF)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Hi 5i team.
about 6 weeks ago sold AQN for a tax loss and increased position in FTS and bought some BEPC on top of BEP.UN as I am thinking of switching to BEPC to make life less complicated tax wise.
Problem (and a good one to have) is that I have a large capital gain in BEP.un.
Utilities portions as total of all portfolio.
BEP.UN is about 2%
BEPC about 1%
Fortis about 2%
Polaris about 1%
Question is what to sell or reduce to add in AQN back at about 2%?
Would you suggest a different mix?
I like the dividends and am OK w slow to moderate growth - retiree and looking at conservative ongoing investment. (I like all of these stocks.)
I am willing to pay some taxes as I worry about the capital gains tax rate rising at some point under our current government.
Subtract as many questions as needed.
Thank you.
about 6 weeks ago sold AQN for a tax loss and increased position in FTS and bought some BEPC on top of BEP.UN as I am thinking of switching to BEPC to make life less complicated tax wise.
Problem (and a good one to have) is that I have a large capital gain in BEP.un.
Utilities portions as total of all portfolio.
BEP.UN is about 2%
BEPC about 1%
Fortis about 2%
Polaris about 1%
Question is what to sell or reduce to add in AQN back at about 2%?
Would you suggest a different mix?
I like the dividends and am OK w slow to moderate growth - retiree and looking at conservative ongoing investment. (I like all of these stocks.)
I am willing to pay some taxes as I worry about the capital gains tax rate rising at some point under our current government.
Subtract as many questions as needed.
Thank you.
- Sun Life Financial Inc. (SLF)
- Thomson Reuters Corporation (TRI)
- Nutrien Ltd. (NTR)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Hi Guys,
Could you list 5 or more Canadian companys that you would consider long term holds that pay a good dividend ?
Excluding 5 Big banks,BCE,T,ENB,FTS.
Thanks Steve.
Could you list 5 or more Canadian companys that you would consider long term holds that pay a good dividend ?
Excluding 5 Big banks,BCE,T,ENB,FTS.
Thanks Steve.
- Brookfield Renewable Partners L.P. (BEP.UN)
- Brookfield Infrastructure Partners L.P. (BIP.UN)
- Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: I own a mixture of these in both my RIF and non registered accounts and wish to consolidate them so as to only own one of each. Capital gains and tax need not to be considered. Which version of these 2 companies would you have in each of my two accounts ? Thanks.
Derek
Derek
- Fortis Inc. (FTS)
- Algonquin Power & Utilities Corp. (AQN)
- Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Hi Folks,
I currently hold FTS and AQN in my non registered account. I would like to add one more utility company, I am looking at BIPC and BEPC - which one would you recommend at this time. Appreciate your comments.
Thanks
I currently hold FTS and AQN in my non registered account. I would like to add one more utility company, I am looking at BIPC and BEPC - which one would you recommend at this time. Appreciate your comments.
Thanks
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- Canadian Imperial Bank Of Commerce (CM)
- Sun Life Financial Inc. (SLF)
- Exchange Income Corporation (EIF)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: With the ongoing price swings and volatility, I am looking to add a couple good dividend stocks with a 3-5 year time frame. Can you suggest 5 Canadian stocks with decent dividends, and good upside price potential? Thank you.
Grant
Grant
- Costco Wholesale Corporation (COST)
- Alphabet Inc. (GOOG)
- Microsoft Corporation (MSFT)
- Bank of America Corporation (BAC)
- JPMorgan Chase & Co. (JPM)
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Montreal (BMO)
- Canadian Imperial Bank Of Commerce (CM)
- Constellation Software Inc. (CSU)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- Bank Nova Scotia Halifax Pfd 3 (BNS)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Earlier today you replied to a question with: "We are not big fans of averaging down, but if we were to do it BAM.A would likely be near the top of the list. When 'the market' brings down all stocks we are more comfortable buying more as opposed to when a company in isolation declines. We are not worrried about BAM getting through this market and/or upcoming recession. "
Please list 5 cad and 5 usd stocks that would be in your top list that would meet the above criteria.
Thx.
Please list 5 cad and 5 usd stocks that would be in your top list that would meet the above criteria.
Thx.
- Algonquin Power & Utilities Corp. (AQN)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: I am considering taking a position in both of the above equities. Would you consider this a prudent buy or are they too similar in nature, i.e. overlapping. Both do not seem to have done too well, even prior to the present market downturn.
Thanks, David
Thanks, David
- Royal Bank of Canada (RY)
- Bank of Nova Scotia (The) (BNS)
- BCE Inc. (BCE)
- Sun Life Financial Inc. (SLF)
- TELUS Corporation (T)
- Fortis Inc. (FTS)
- Restaurant Brands International Inc. (QSR)
- Algonquin Power & Utilities Corp. (AQN)
- Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
- Leon's Furniture Limited (LNF)
- Exchange Income Corporation (EIF)
- iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
- BMO Equal Weight REITs Index ETF (ZRE)
- Nutrien Ltd. (NTR)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: In our unregistered, income account I recently sold LIF and have decided not to return to that stock after 30 days. Instead, planning to buy more of one or two of the existing stocks.
Since this is an income account, yield is important and also quite happy to see total account balance steadily increasing whilst tapping off the cash.
I need some help deciding which ones to add to, and have 3 criteria:
1. Best yield
2. Current portfolio weighting
3. Best value over next 5 to 10 years
1. From highest to lowest yield:
TCL.A, BCE, AQN, EIF, BNS, CPD, T, SLF, QSR, ZRE, RY, LNF, FTS, BEPC, NTR
2. From lowest to highest weighting:
ZRE, LNF, TCL.A, QSR, AQN, NTR, BEPC, SLF, CPD, T, BNS, EIF, BCE, RY, FTS
3. Can you please help me to rank these stocks from highest to lowest value / growth prospects, or if that is to big a task. Please recommend overall best 3 selections given my criteria.
Thanks,
Jim
Since this is an income account, yield is important and also quite happy to see total account balance steadily increasing whilst tapping off the cash.
I need some help deciding which ones to add to, and have 3 criteria:
1. Best yield
2. Current portfolio weighting
3. Best value over next 5 to 10 years
1. From highest to lowest yield:
TCL.A, BCE, AQN, EIF, BNS, CPD, T, SLF, QSR, ZRE, RY, LNF, FTS, BEPC, NTR
2. From lowest to highest weighting:
ZRE, LNF, TCL.A, QSR, AQN, NTR, BEPC, SLF, CPD, T, BNS, EIF, BCE, RY, FTS
3. Can you please help me to rank these stocks from highest to lowest value / growth prospects, or if that is to big a task. Please recommend overall best 3 selections given my criteria.
Thanks,
Jim
- Fortis Inc. (FTS)
- Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
- Brookfield Infrastructure Partners L.P. (BIP.UN)
- iShares Global Agriculture Index ETF (COW)
- Boralex Inc. Class A Shares (BLX)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Hi,
Although these stocks are not alike, which two would be your top choices for the next few years based on growth, dividend, possible recession, manageable volatility, and momentum? Please explain why as well.
Although these stocks are not alike, which two would be your top choices for the next few years based on growth, dividend, possible recession, manageable volatility, and momentum? Please explain why as well.
- Fortis Inc. (FTS)
- Algonquin Power & Utilities Corp. (AQN)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: I hold the above utilities and have seen many recent questions on these. I believe our electrification demands will continue to rise very significantly over the next few decades.
I am retired and mainly looking for dividend growth and some, or good overall growth. Please rank as to which you think has the best outlook over next 5 years or more. I hold similar amounts of each? Would you add to one or two mainly or equally to all?
Thank you for great service.
Tulio
I am retired and mainly looking for dividend growth and some, or good overall growth. Please rank as to which you think has the best outlook over next 5 years or more. I hold similar amounts of each? Would you add to one or two mainly or equally to all?
Thank you for great service.
Tulio
- Toronto-Dominion Bank (The) (TD)
- Enbridge Inc. (ENB)
- Constellation Software Inc. (CSU)
- Gildan Activewear Inc. (GIL)
- Alimentation Couche-Tard Inc. (ATD)
- Dream Industrial Real Estate Investment Trust (DIR.UN)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: hello
If you were to build a mini pension with 5 or 6 uncorrelated Canadian stocks/REITS, what would they be? Are they all "buys" today or would you put some (which ones) on your "watch list"?
Thank you.
If you were to build a mini pension with 5 or 6 uncorrelated Canadian stocks/REITS, what would they be? Are they all "buys" today or would you put some (which ones) on your "watch list"?
Thank you.
- Fortis Inc. (FTS)
- Algonquin Power & Utilities Corp. (AQN)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Would now be a favourable time to invest in Canadian utilities. Could you offer 2 or 3 dividend paying utilities ( over 5%) .
Would covered call ZWU be a good choice ?
Would covered call ZWU be a good choice ?
- Enghouse Systems Limited (ENGH)
- Alimentation Couche-Tard Inc. (ATD)
- GDI Integrated Facility Services Inc. Subordinate Voting Shares (GDI)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: I know you rate this stock as an A and according to your report, think quite highly of it.
Well I've held this stock for 4 years and it is at the same level today as it was Jan 2019. It's down approx 40% since Jan 22.
Basically dead money. Other than the 2% dividend, I could have done as well in a 5 year GIC.
Is it time to throw in the towel. I believe I am a patient investor, but like you patience does run out.
If your answer is yes what is your top TSX listed NON TECH suggestion to replace it.
If your answer is no, why?
Thanks
Sheldon
Well I've held this stock for 4 years and it is at the same level today as it was Jan 2019. It's down approx 40% since Jan 22.
Basically dead money. Other than the 2% dividend, I could have done as well in a 5 year GIC.
Is it time to throw in the towel. I believe I am a patient investor, but like you patience does run out.
If your answer is yes what is your top TSX listed NON TECH suggestion to replace it.
If your answer is no, why?
Thanks
Sheldon
- Sylogist Ltd. (SYZ)
- Restaurant Brands International Inc. (QSR)
- Algonquin Power & Utilities Corp. (AQN)
- Labrador Iron Ore Royalty Corporation (LIF)
- Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
- Leon's Furniture Limited (LNF)
- Exchange Income Corporation (EIF)
- BMO Equal Weight REITs Index ETF (ZRE)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: I have an unregistered account which we use to generate long term dividend income. There are currently 9 holdings in the red, and 9 still in the black.
I am debating whether or not to sell some of the losers to capture capital losses. Then, in 30 days reasses - either repurchase same or redirect cash elsewhere.
In order of biggest to smallest loser, based on $:
LIF, SYZ, LNF, QSR, TCL.A, ZRE, AQN, BEPC, EIF
In general, I'm quite happy with the performance of this account in this declining market environment. Although the capital has declined a bit, the income stream has been quite stable.
Question 1: Please comment on the merit of this idea. Lose one or two dividend payments now for sure versus banking a loss for future tax benefit sometime. (retired, no earned income)
Question 2: Would you consider any of the 9 names above unsuitable for this account?
Question 3: Which of these 9 names are most likely to have further to fall?
I am debating whether or not to sell some of the losers to capture capital losses. Then, in 30 days reasses - either repurchase same or redirect cash elsewhere.
In order of biggest to smallest loser, based on $:
LIF, SYZ, LNF, QSR, TCL.A, ZRE, AQN, BEPC, EIF
In general, I'm quite happy with the performance of this account in this declining market environment. Although the capital has declined a bit, the income stream has been quite stable.
Question 1: Please comment on the merit of this idea. Lose one or two dividend payments now for sure versus banking a loss for future tax benefit sometime. (retired, no earned income)
Question 2: Would you consider any of the 9 names above unsuitable for this account?
Question 3: Which of these 9 names are most likely to have further to fall?