RE:RE:RE:RE:RE:Why the drop today?Agree, CU's divvy, at Friday's close is approx 2.8%. Although we just received an increase of approx ten % in the divvy, it still lags behind both FTS (3.33%) and EMA (3.75%).
What with Ottawa announcing a rate cut of 1/4% recently, I feel this will be good for all three mentioned above, as it appears there will be no rate increases for the foreseeable future.
Anything such as utilities, a few select REIT's, such as REI.UN, HR.UN along with AP.UN will be good assets to hold in most portfolios.
Disclosure, I hold both CU and FTS, as I like to geographically diversify. Also too, I hold REI.UN, and HR.UN.
What is most important, and often overlooked is the current payout ratio.
Can someone out there point me to a good website that provides current and accurate payout ratios for Canadian equities?
Thanks....I'll hang up and listen to your answer.
Best..................SHUMBA