I would hold. BCE is the bluest of blue chips with a great dividend and an oligopoly position (unless the Harperites screw it up with the foreign competition crap).Do you have any thoughts on continue to hold or sell?
Teachers could have grabbed the company for a measly $42.75 per share. Any takeover now will cost at least $50 per share.40.18 today on TSE, slightly down
I strongly second what is above...which is really a controlled dividend re-investment plan. Instead of blindly re-investing in whatever is generating the income, whenever it happens, you can increase the odds of success by using some of that discipline to "buy low" from some sort of value perspective.If the dividends from your stocks are spare cash it may be prudent
to reinvest them with the expansion of an income portfolio in mind. A portfolio
of 10--20 income stocks should have the flexibility for a monthly DRIP for
selective stocks. Lets say your portfolio comprises a mix of telecom stocks
like BCE, TELUS and Rogers, pipeline stocks such as Pembina and Keyera,
utility stocks including Northland Power and Brookfield renewable energy and
various oil and gas income trusts. At a time when your energy trusts are
trading at a discount while pipeline and utility stocks are getting pricey it
could be a good idea to put all your extra cash into your energy trusts until
they finally reach your target prices.
I'll hope that all *MY* old teachers are, at least. For any reason at all.Teachers must be kicking themselves now.
I'm deep in the money on BCE.BCE hits all time high. Everybody holding BCE stock to-day is in the money.
Plus, you get a nice dividend every quarter. Teachers had a chance to buy all of BCE at $42.75 a share, instead they dumped their BCE stock at $24.00. How dumb is that?I'm deep in the money on BCE.
Dividend is reinvested for now. I started buying when the bottom fell out on the buyout offer back in 2008.Plus, you get a nice dividend every quarter. Teachers had a chance to buy all of BCE at $42.75 a share, instead they dumped their BCE stock at $24.00. How dumb is that?
i'd pick calloway reit over any of the above. all new properties with low future capex expenditures to worry about. also quality of anchor tenants are worry free for the most part.Just want to add that some REITs are excellent choices to an income
portfolio. Boardwalk REIT and Northern Property REIT IMO should
be core holdings for risk-averse investors. Other good REITs I know of
are Crombie, Transglobe and Northwest Healthcare Prop REIT.
Not a REIT I follow but I do know Calloway is well regarded by investors and analysts.i'd pick calloway reit over any of the above. all new properties with low future capex expenditures to worry about. also quality of anchor tenants are worry free for the most part.