RE:RE:RE:RE:Really Don't Get ItJayBanks,
Thanks for the sector assessment - it is very helpful. I agree that the Mcan looks to be about the best in the Canadian sector. I have NRZ and AGNC in the US - they pay very well also (9-10% dividends) but there is exchange risk.
I think the entire sector will likely get caught in a bit of yield squeeze but they should be OK.
The majority of my portfolio in blue chip that pays on average about 5.5% dividends. My screach for higher yields have led me to some covered call etf's. I like ZWU in the utility sector. it pays around 7.5%. ZWK is a US bank covered call ETF that pays approx. 6% dividend.
My other (more risky stocks) are CHE.UN, PRM, EIT.UN and BGI.UN- all pay above 8%.
As a general rule, I try to limit my expose to any one of the higher risk companies to a max. of 2% of my portfolio.
As you noted BCE is a great stock. BNS, CM, BCE, ENB, MFC, CU and CPX are the cornerstones of my portfolio. I have being shifting over more and more to utilities - the electification of the auto sector is good news for utilities. I have been concerned about oil and gas but I think Putin's misadventure in Ukraine has given the sector extended the run for this sector for a few more years.