Diversified Royalty Corp T.DIV

Stuck..no doubt

[Dadsaid2]

Unfortunatly Nedstar has painted a solid arguement.  We seem to be stuck.  Even though the dividend is great and l have done very well over the years timing my sells and rebuys, lm feeling the same frustration.  My position is the lightest in years and trying to find replacement stocks that pay a decent dividend as l love the income and tax credit.  I got TD at $75 and some ENB at $47 but lm a little nervous of the general.market heading into the fall.  Oh well lets hope we see $3+  one day soon!  GLTA

[Martincat]

Two stocks worth checking Dadsaid.....EXCO and CWB....Solid earnings, dividends and share buybacks with potential capital gains in the future.......JMHO!

[nedstar71]

CWB? Maybe still a little possible capital appreciation to squeeze out there but that boat has already been missed and the div is now the weakest of any bank at just over 3%. No way I'd buy it where it's trading now. Better off with LB, high div and still some potential for the same takekover outcome.  Or BNS.  Exco does look interesting.

[Martincat]

I agree that most of the buying has taken place with CWB.....But it is still a good buy if you want to invest in National Bank.  For each share of CWB, you get .45 shares of NA, which is among the best performer in the banking group and will continue likewise long term. JMHO!