Q: CPX accounts for 2.31% and AQN represents 4.63% of my unregistered portfolio. I was thinking of switching AQN into CPX or rebalancing so that each would be equal. Would there be another dividend producing utility that you would prefer over these two. I already own BEP(2.81%), BIP(2.23%), SPB(1.74%)and F(1.56%). Perhaps putting some of the AQN into one of the latter four mentioned? I do like the nice dividend that CPX provides. I am retired and have a decent pension and my portfolio is geared to dividend income.
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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: Following on from a 19 Oct question, you rated dividend safety as: NPI, BEPC, CPX, RNW, AQN.
The payout ratio (12 month rolling, based on operating cash flow) was then shown as: BEPC 90%, AQN 170%, CPX 22%, NPI 20%, RNW 90%.
From this it seems like a 12 month rolling ratio is not a strong surrgate to dividend safety. I was a bit surprised but maybe 12 months is just too short.
Anyway, if such is the case, what metrics guided the views on dividend safety?
Thanks
The payout ratio (12 month rolling, based on operating cash flow) was then shown as: BEPC 90%, AQN 170%, CPX 22%, NPI 20%, RNW 90%.
From this it seems like a 12 month rolling ratio is not a strong surrgate to dividend safety. I was a bit surprised but maybe 12 months is just too short.
Anyway, if such is the case, what metrics guided the views on dividend safety?
Thanks
- Emera Incorporated (EMA)
- Capital Power Corporation (CPX)
- Fortis Inc. (FTS)
- TravelCenters of America Inc. (TA)
Q: How would you rank these companies for prospects over longer term (say 5 years or more) measured by total expected return on stock.
- Algonquin Power & Utilities Corp. (AQN)
- Capital Power Corporation (CPX)
- NFI Group Inc. (NFI)
- Wajax Corporation (WJX)
Q: Hi 5i,
I hold NFI in a reg'd account where I endeavour to buy and hold. A while ago it was up nicely but then lost all its gains and more when the revised guidance came out. Now, with its recent soft recovery and dividends accounted for it's back in black, slightly.
I'm not optimistic about NFI's next couple of years and would like to see better capital gain and dividend income from the funds currently in NFI, and I'm considering WJX as a replacement. What do you think of this move and, if not WJX, can you suggest another one or two names for me to consider?
Much the same circumstances and question regarding AQN, which I think is somewhat stale these days and may be for a few years to come. I'm considering CPX as a replacement and would appreciate your opinion on that move, and your suggestions of one or two other than CPX if you think leaving AQN behind is wise but CPX might not be the answer.
Thanks and please deduct accordingly.
Peter
I hold NFI in a reg'd account where I endeavour to buy and hold. A while ago it was up nicely but then lost all its gains and more when the revised guidance came out. Now, with its recent soft recovery and dividends accounted for it's back in black, slightly.
I'm not optimistic about NFI's next couple of years and would like to see better capital gain and dividend income from the funds currently in NFI, and I'm considering WJX as a replacement. What do you think of this move and, if not WJX, can you suggest another one or two names for me to consider?
Much the same circumstances and question regarding AQN, which I think is somewhat stale these days and may be for a few years to come. I'm considering CPX as a replacement and would appreciate your opinion on that move, and your suggestions of one or two other than CPX if you think leaving AQN behind is wise but CPX might not be the answer.
Thanks and please deduct accordingly.
Peter
- Brookfield Renewable Partners L.P. (BEP.UN)
- Algonquin Power & Utilities Corp. (AQN)
- Capital Power Corporation (CPX)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Dear 5i,
I hope you're well today.
I'm trying to pick the "better" company in which to invest new money.
May I have your opinion, please?
I like all three, but between BEP, CPX, and AQN what would be your preference?
Thank you.
I hope you're well today.
I'm trying to pick the "better" company in which to invest new money.
May I have your opinion, please?
I like all three, but between BEP, CPX, and AQN what would be your preference?
Thank you.
Q: what are your thoughts on the Capital Power Q report?
thanks.
John
thanks.
John
Q: There was a big sell off today following the third quarter earnings report.
Is the news that bad, or is this a buying opportunity?
Is the news that bad, or is this a buying opportunity?
- Brookfield Renewable Partners L.P. (BEP.UN)
- Northland Power Inc. (NPI)
- Capital Power Corporation (CPX)
Q: Dear 5i team.
I am considering a switch from CPX to NPI and wanted to know your views on these two matched head to head. Is there a better alternative to switch to in the same space?
Many thanks.
I am considering a switch from CPX to NPI and wanted to know your views on these two matched head to head. Is there a better alternative to switch to in the same space?
Many thanks.
- Algonquin Power & Utilities Corp. (AQN)
- Northland Power Inc. (NPI)
- Capital Power Corporation (CPX)
- TransAlta Renewables Inc. (RNW)
- Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Of these 5 companies that have assets in the renewable energy space, how would you rank them for (a) dividend safety and (b) future growth prospects? Also, please provide the pay-out ratio for each.
Thanks!
Thanks!
- Bank of Nova Scotia (The) (BNS)
- BCE Inc. (BCE)
- Enbridge Inc. (ENB)
- Manulife Financial Corporation (MFC)
- Canadian Imperial Bank Of Commerce (CM)
- TELUS Corporation (T)
- Keyera Corp. (KEY)
- Capital Power Corporation (CPX)
- TFI International Inc. (TFII)
- North West Company Inc. (The) (NWC)
- Savaria Corporation (SIS)
- Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
Q: Top 10 CAD Dividend Growth picks for RESP? 15 year time horizon.
If you have a link to such a portfolio would be happy to see.
If you have a link to such a portfolio would be happy to see.
Q: What's going on with cpx ever since you upgraded it it has been going down.
Q: Hello 5i Team,
I would like to expand my utilities exposure (beyond the positions I already hold in Emera and Fortis). I am considering taking a position in either Canadian Utilities or Capital Power. Both have similar yields and dividend growth over the past 5 years. Which of the two would you favour, and why? This is for a long-term income focused account.
Many thanks,
Brian
I would like to expand my utilities exposure (beyond the positions I already hold in Emera and Fortis). I am considering taking a position in either Canadian Utilities or Capital Power. Both have similar yields and dividend growth over the past 5 years. Which of the two would you favour, and why? This is for a long-term income focused account.
Many thanks,
Brian
- Park Lawn Corporation (PLC)
- Enbridge Inc. (ENB)
- CCL Industries Inc. Unlimited Class B Non-Voting Shares (CCL.B)
- WSP Global Inc. (WSP)
- Stantec Inc. (STN)
- Capital Power Corporation (CPX)
- Descartes Systems Group Inc. (The) (DSG)
- TMX Group Limited (X)
- Primo Water Corporation (PRMW)
- Leon's Furniture Limited (LNF)
- GDI Integrated Facility Services Inc. Subordinate Voting Shares (GDI)
- WELL Health Technologies Corp. (WELL)
- Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
- Dye & Durham Limited (DND)
Q: I tried to pull a stock list of B+ companies based on your reviews. Your thought on investing as an equal weight portfolio with a 5 year horizon.
Thank you!
Thank you!
Q: I am thinking of trading IFC for CPX. Looking for a better overall investment. Does this make sense?
Bryan
Bryan
Q: Bought CU over CPX because of long history and large capital program to move CPX off coal.
Surprised Alberta power rates are good given their economy is languishing. Which do you see as the better option going forward for steady income and likely dividend increases above inflation rate (unlike CU of late)? Thanks.
Surprised Alberta power rates are good given their economy is languishing. Which do you see as the better option going forward for steady income and likely dividend increases above inflation rate (unlike CU of late)? Thanks.
Q: Can I get your opinion of CPX using FTS as a benchmark. I own FTS and would like to add to the sector or should I just add to FTS?
Carl
Carl
- BCE Inc. (BCE)
- Power Corporation of Canada Subordinate Voting Shares (POW)
- Fortis Inc. (FTS)
- SmartCentres Real Estate Investment Trust (SRU.UN)
- Capital Power Corporation (CPX)
- Dream Industrial Real Estate Investment Trust Subscription Receipts (DIR.R)
Q: After selling some growth stocks, I'm looking to add 3 income stocks to my Rif. Can you rate your preference on the 1st 4 and then the last 2. Thanks
Q: Is there a reason for the significant drop in price today? Is this a buying opportunity?
Q: What is the reason for the sudden drop in price of the stock? The financials seem good and everyone likes it, so why the drop?
Thank you.
Thank you.
Q: Hi 5i,
I am up 55% on CPX, enjoyed the income however would it be wise to upgrade the overall quality of the investment in utilities to FTS or AQN? Understanding the income would be less but payout ratios look better in FTS or AQN and once interest rates rise the debt burden of CPX might become a issue.
I am up 55% on CPX, enjoyed the income however would it be wise to upgrade the overall quality of the investment in utilities to FTS or AQN? Understanding the income would be less but payout ratios look better in FTS or AQN and once interest rates rise the debt burden of CPX might become a issue.