dividend stocksExcellent previous posts on where BCE might be headed. It sure does seem like it's big capital appreciaiotn dyas are behind them and it really has become just an income stock.I suspect it will stay below $60 for at least a few years to come.
As I've mentioned, my wife & I are dividend income/growth investors so total return doesn't really matter. We genertae way more dividend income than we need for all expenses. So far we have been using the extra dividends for early inheritance for the kids and grandkids, extra charity donations, and buying more of what we already own,
What tha means is we are happy with our holdings as long as we don;t get any divy cuts and continue to get at least minor 2-3% increases each year.
It's an interesitng time for us, as I now feel that we have enough of each of our 12 main holdings other than our 4 banks. (which we need to add a bit more to at some point). So in the next couple years, we have to make a decision on what to do with the extra dividend cash we receive.
I did an analysis and I'm starting to think about just putting it into VDY, It's a really simple, easy option.
Anyway, I build a couple tables that update automatically to each day's final price. (see below). We don;t own any VDY but I added it to the tables for comparison purposes. I was actually quite shocked by how poorly many of the big divy payers have performed price wise. Makes me think that if I was a total return investor, I'd probably just buy a couple ETFs, like XAW, VEQT, and VDY.
Interesitng stuff.
Ciao
Sarge
| Ticker | | 18.01.01 | | Curr | | Chg% |
| BCE | | 60.38 | | 50.52 | | -16.33 |
| BMO | | 100.49 | | 124.66 | | 24.05 |
| BNS | | 81.12 | | 63.26 | | -22.02 |
| CPX | | 24.62 | | 36.22 | | 47.12 |
| EMA | | 46.98 | | 46.75 | | -0.49 |
| ENB | | 49.32 | | 46.03 | | -6.67 |
| KEY | | 35.32 | | 31.83 | | -9.88 |
| PPL | | 45.51 | | 45.18 | | -0.73 |
| RY | | 102.65 | | 131.01 | | 27.63 |
| T | | 23.79 | | 23.64 | | -0.63 |
| TD | | 73.40 | | 79.88 | | 8.83 |
| TRP | | 61.07 | | 50.48 | | -17.34 |
| | | | | | | |
| VDY | | 34.69 | | 41.47 | | 19.54 |
| Ticker | | 14.01.01 | | Curr | | Chg% |
| BCE | | 46.00 | | 50.52 | | 9.83 |
| BMO | | 70.81 | | 124.66 | | 76.05 |
| BNS | | 66.43 | | 63.26 | | -4.77 |
| CPX | | 21.30 | | 36.22 | | 70.05 |
| EMA | | 30.57 | | 46.75 | | 52.93 |
| ENB | | 46.44 | | 46.03 | | -0.88 |
| KEY | | 31.97 | | 31.83 | | -0.44 |
| PPL | | 37.42 | | 45.18 | | 20.74 |
| RY | | 71.41 | | 131.01 | | 83.46 |
| T | | 18.28 | | 23.64 | | 29.32 |
| TD | | 50.06 | | 79.88 | | 59.57 |
| TRP | | 48.54 | | 50.48 | | 4.00 |
| | | | | | | |
| VDY | | 30.15 | | 41.47 | | 37.55 |