Dividends

Did HOOPP Exploit the Danish Tax System?

Zach Dubinsky of CBC News reports that Ontario health-care workers' pension has up to $430M at stake in Danish tax dispute:One of Canada's largest pension funds has been hauled into court in Denmark in a dispute about whether it improperly claimed hundreds of millions of dollars in tax rebates on D ...

FixedReset Prospectuses Are Imprecise!

As we all know, FixedResets will reset their dividend every five years based on the Government of Canada Five Year yield (“GOC-5 rate” or “GOC-5 yield”) and therefore the prospectus for each issue needs to include information regarding exactly how that yield is determined. The prospectus fo ...

TA.PR.J : Convert or Hold?

It will be recalled that TA.PR.J will reset at 4.988% effective September 30, 2019 TA.PR.J is a FixedReset, 5.30%+380, that commenced trading 2014-8-14 after being announced 2014-8-6. It is tracked by HIMIPref™ and has been assigned to the Scraps index on credit concerns. It was recently downgrad ...

8 Lessons I Learned from One of My Worst Dividend Growth Investments, A 5-Part Series. Lessons 3 & 4

Disclosure: Some of the links below are affiliate links (AL), meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase. See disclaimer. They say the hardest lessons in life are learned through experience. Well let’s just say a 38.6% loss in about ...

BSC.PR.C : Partial Call For Redemption

The Bank of Nova Scotia has announced: BNS Split Corp. II (the “Company”) announced today that it has called 34,446 Preferred Shares for cash redemption on September 20, 2019 (in accordance with the Company’s Articles of Incorporation, as amended) representing approximately 7.70% of the outst ...

BAM.PF.F : Convert Or Hold?

It will be recalled that BAM.PF.F will reset at 4.029% effective October 1, 2019 BAM.PF.F is a FixedReset, 4.50%+286, that commenced trading 2014-6-5 after being announced 2014-5-27. It is tracked by HIMIPref™ and is assigned to the FixedReset – Discount subindex. The most logical way to analyz ...

EFN.PR.E : Convert or Hold?

It will be recalled that EFN.PR.E will reset at 5.903% effective September 30, 2019 EFN.PR.E is a FixedReset, 6.40%+472, that was announced 2014-6-2 but not immediately tracked by HIMIPref™ as it was unrated. Coverage commenced in September, 2015 after the company’s preferreds were rated Pfd-3 ...

ALA.PR.G : Convert or Hold

It will be recalled that ALA.PR.G will reset at 4.242% effective September 30, 2019 ALA.PR.G is a FixedReset, 4.75%+306, that commenced trading 2014-7-3 after being announced 2014-6-23. Notice of extension was announced 2019-8-29. The issue is tracked by HIMIPref™ but relegated to the Scraps subi ...

DC.PR.B / DC.PR.D : Convert or Hold?

It will be recalled that DC.PR.B will reset at 5.284% effective September 30, 2019 DC.PR.B is a FixedReset, 5.688%+410, that commenced trading 2009-9-15 with a 6.75% coupon after being announced 2009-8-25. It reset to 5.688% effective 2014-09-30. I made no recommendation regarding conversion. It is ...

Looking for the most stable stock investments for your portfolio? Start with blue chips

Blue chip stocks are some of the most stable stock investments—and here’s how to find the top ones for a conservative portfolio A company with a long-term record of paying dividends is generally one that is most deserving of the “blue chip” label in the traditional sense. Dividends, after a ...