Steeles Royal
Toronto Escorts

BCE

Coolsin000

LEGENDARY
Apr 21, 2019
5,539
8,175
113
How low do you think this will go?
That dividend is looking really juicy.
I already have a fair bit but could add more.
I get the feeling that the market will fall even more this coming weekend. Especially when US government might shut down on Saturday?

It is going to be a bloody autumn.
 
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John_Jacob

Well-known member
Nov 23, 2022
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Yup, absolutely everything you said is true! BCE @ 7.2% dividend or BNS @6.68% with substantially less risk of a cut...

BCE is down only 20% (TSX 12%) though...sigh. Just don't know.

Bought BNS.
 

angrymime666

Well-known member
May 8, 2008
1,006
566
113
everything is down except my H and SU and FTS.(edit just check and everything is down except SU) :(

Im tempted with BCE as I have a position with them, but I am hesitant that dividend payout is more then they can handle since their payout ratio is over %150. got burned with AQN and way back when corus. learnt a lesson on unsustainable payouts.

Im also considering CPX although their payout(%130) is higher than I would like it to be but Im a fan of utilities.

TD or BNS probably in the next quarter. perhaps ADN if it drops to a price mark that works for me.
 
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Gators

Active member
Apr 9, 2023
271
225
43
everything is down except my H and SU and FTS.

Im tempted with BCE as I have a position with them, but I am hesitant that dividend payout is more then they can handle since their payout ratio is over %150. got burned with AQN and way back when corus. learnt a lesson on unsustainable payouts.

Im also considering CPX although their payout(%130) is higher than I would like it to be but Im a fan of utilities.

TD or BNS probably in the next quarter. perhaps ADN if it drops to a price mark that works for me.
I stay away from bank. BCE is tempting. Watching it closely.
 
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niniveh

Well-known member
Jun 8, 2009
1,146
247
63
Telcos, pipelines, banks etc are ALL tanking. Will continue to tank until the Fed/BoC declare a pause, then sometime thereafter reverse the interest rate trend.
Keep your powder dry. A time will come to start loading up on bluechips very very cheap.
 

Michael Lots

Active member
Jan 3, 2020
168
136
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Telcos, pipelines, banks etc are ALL tanking. Will continue to tank until the Fed/BoC declare a pause, then sometime thereafter reverse the interest rate trend.
Keep your powder dry. A time will come to start loading up on bluechips very very cheap.
You mean the stock market as a whole will continue to tank until rates pause right? Lol
 

John_Jacob

Well-known member
Nov 23, 2022
2,174
1,640
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Fine fine...but to be fair you said Fed/BoC and I took that as North America, which would mean Tech is taking the biggest hit of all!!! LOL
Not I, niniveh but given BoC generally has to follow the US Fed, fair enough. IIRC tech (in the US & hence Canada) has been taking a hit for some time.
 

Goodoer

Well-known member
Feb 20, 2004
2,776
1,531
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GTA & Thereabouts...
Ingrained into me is to not try and time the market... Yet I want to time the market on my kids' RESPs... The horizon is 4 and 6 years... My chicken-shit gut is to buy Government bonds.
 
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John_Jacob

Well-known member
Nov 23, 2022
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Pure opinion b
Ingrained into me is to not try and time the market... Yet I want to time the market on my kids' RESPs... The horizon is 4 and 6 years... My chicken-shit gut is to buy Government bonds.
Pure opinion but I think in 4 years BCE, and others, will have recovered quite nicely.

Do you buy government bonds directly or through ETFS/funds?
 

Carvher

Well-known member
Apr 13, 2010
910
628
93
Seems like dividend cut is in process of being factored in. If it doesn't happen and rates peak, it should go up a fair bit from here.
But who knows? It's a hold here IMO.
 
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Darts

Well-known member
Jan 15, 2017
23,061
11,176
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Seems like dividend cut is in process of being factored in. If it doesn't happen and rates peak, it should go up a fair bit from here.
But who knows? It's a hold here IMO.
BCE is a regulated utility guaranteed a rate of return. So, is the regulated return inadequate?
 
Ashley Madison
Toronto Escorts