Great News: GICs keep rocketing higher - 5% yield! Oaken Financial is offering 5% yields, the highest GIC rates in 20 years seen in Canada. Outstanding!
And the 1-year GIC will be 4.05%. Both are fully guaranteed by the CDIC.
A 2.6% dividend yield will have to compete with that. And as we know, there is no CDIC guarantee placed underneath Quarterhill. You are on your own, only protected by a Board that has limited skin in the game.
Maybe Quarterhill can invest some of its cash in GICs?