Dividends

Are RRSP contributions worth it at age 70?

Q: We are a retired couple getting very close to converting RSPs to a RIF (my husband has one more year). We have a substantial capital gain to report plus have some room to contribute more to our RSPs. Should we use what we can for contributing to the RSP to offset the capital gain? —Shirley A: ...

FTS.PR.G To Reset To 4.393%

Fortis Inc. has declared: NOTICE OF ANNUAL FIXED DIVIDEND RATE CUMULATIVE REDEEMABLE FIVE-YEAR FIXED RATE RESET FIRST PREFERENCE SHARES, SERIES G NOTICE IS HEREBY GIVEN that Fortis Inc. (the “Corporation”) has calculated the annual fixed dividend rate (the “Annual Fixed Dividend Rate”) for ...

Who cares about a $1 trillion market cap?

Death and taxes are the two certainties in life, but we may be able to add something else to that list: screaming stock market headlines, usually in a large font. According to CNBC, BNN and others, if the market drops by 2% the world is falling apart. When stocks reach new highs, we’re suddenly a ...

Apple’s $1 trillion market cap is nothing but a number

Death and taxes are the two certainties in life, but we may be able to add something else to that list: screaming stock market headlines, usually in a large font. According to CNBC, BNN and others, if the market drops by 2% the world is falling apart. When stocks reach new highs, we’re suddenly a ...

Best way to allocate cash in a $1.4 million retirement portfolio

Q: My wife and I are both 66 years old, retired in British Columbia, and have no kids (that I know of!) We both receive CPP (about $550/monthly each) and full OAS ($470/monthly each). About 10 years ago, we both agreed to get rid of our financial advisor and manage our portfolio ourselves. Out of ...

FTN.PR.A : Semi-Annual Report, 2018

Financial 15 Split Corp has released its Semi-Annual Report to May 31, 2018. Figures of interest are: MER: 1.17% of the whole unit value, “presented to reflect the normal operating expenses of the Company excluding any one time offering expenses.” Average Net Assets: We need this to calculate p ...

ENB.PR.H To Reset At 4.376%

Enbridge Inc. has announced (on August 2): that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series H (Series H Shares) (TSX: ENB.PR.H) on September 1, 2018. As a result, subject to certain conditions, the holders of the Serie ...

Top 10 Canadian Dividend Stocks – August 2018

While we know that the stock market will grow over time, on a day-to-day or even month-to-month basis, the stock market is always changing value due to the daily fluctuation of all the stocks. The opportunities will vary every month and that’s why it’s important to have a systematic approach t ...

FFN.PR.A To Get Bigger

Quadravest has announced: North American Financial 15 Split Corp. (the “Company”) is pleased to announce it will undertake an offering of Preferred Shares and Class A Shares of the Company. The offering will be co-led by National Bank Financial Inc., CIBC, Scotia Capital Inc., RBC Capital Marke ...

MAPF Performance: July, 2018

Malachite Aggressive Preferred Fund’s Net Asset Value per Unit as of the close July 31, 2018, was $10.3615. Returns to July 31, 2018 Period MAPF BMO-CM “50” Preferred Share Index TXPR*Total Return CPD – according to Blackrock One Month +1.07% +1.13% +1.13% N/A Three Months +2.60% ...