r/dividendscanada

Enbridge

For the people who don't know, Enbridge transports oil and provides heating and electricity. And, since winter is approaching, everybody will need more heating which will increase the bills for the gas. I don't know about everybody else but my house uses enbridge and that's what I'm going off of. I own a bit of enbridge and I'm adding more to my position because it pays an amazing dividend and, it's down 16% in the past 6 months. Lmk in the comments your opinion on Enbridge and if you're going to buy!

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u/Live_Inspection9395 — 9 days ago

Out of Curiosity In this Rare/Unlikely Scenario…

If somebody, in their TFSA had enough money from however or got lucky off of some growth stocks or meme stocks and adjusted their portfolio to provide enough dividends to cover all expenses that they could stop working.

This could be somebody living by themselves, very low expenses and maybe had enough to pay off a mortgage.

Could they technically live an income tax free life not having to file every year seeing how everything is coming in on their TFSA? Would there be any exceptions somewhere?

I’ve wondered if a scenario like this could work.

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u/Optimal_Bottle_1479 — 8 days ago

BCE TELUS RCI ... what the hell is this

seriously, every damn day just getting destroyed.... is this the shorts just pounding them down ?

market up and bond yields down last 2 days yet these keep going down...

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u/jimmylikes11 — 9 days ago

Am I making a mistake maxing my non-reg with VDY?

I figure this sub would give me a different opinion given its dividend focus.

This is specific to my non-reg account only as my other registered accounts are maxed with common ETFs and not the point of discussion.

I am in my low-30s, and my non-reg is all VDY. I do not need or spend the dividends and re-invest it. My avg cost on it is in the 50s

Main reason was for the tax benefits of said eligible dividends as my normal income is ok (100-130k)

What should I be deciding if say instead of VDY I redeploy it to my other typical ETFs? (*EQT ones). Past ~3 years VDY has killed it even from a capital gains perspective and did better than my typical *EQT ones from a YoY perspective

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u/Optimal_Foundation17 — 8 days ago

How many is too many?

I have 12 dividend stocks in my tfsa and 12 dividend stocks in my nonregistered portfolio. I'm old. 2 of my tfsa stocks are done and I will sell them. Now do I find two more stocks or but the money in the remaining 10 stocks. My intention with the sale is to increase my average yield. Any strong feelings?

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u/safetyrazorandrye — 8 days ago
▲ 12 r/dividendscanada+1 crossposts

Whitecap (WCP.TO)

All time highs, currently sitting at 3.99% yearly dividend pay. what do you all think of this stock now? i bought at under 10 dollars (now trading above 18$) and its now oddly become a big percentage of my portfolio. I read theyve made lots of money last quarter (700mil) and theyre slowly becoming the constant big player like enbridge suncor etc, but a part of me wants to sell 30% because its no longer that heavy compounder it used to be.

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u/OkJuggernaut7127 — 8 days ago

ETF DRIP @ TD Direct Investing and RBC

Back in late August I switched my two registered accounts from RBC Direct Investing to TD Direct Investing. Both accounts only hold XDIV ETF. Everything’s in order and even the dividend payments from end of August were transferred to TD. But this month I still haven’t received the dividend payments in my TD accounts. I already enrolled in DRIP for both but didn’t find any dividend related activities. When I was with RBC the DRIP for XDIV was usually completed in 1-2 business days. How long does the DRIP process usually take at TD?

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u/Q5409 — 9 days ago

How much risk am I actually taking by holding LBS?

Hello everyone,

I’m trying to better understand the relationship between LBS (Life & Banc Split Corp.) and its underlying holdings.

My basic understanding is that LBS owns mainly Canadian banks and insurance companies. If I’m bullish on the underlying banks/insurers over the long term, I would expect LBS to benefit as well. But I’m trying to understand the risks beyond simply whether the underlying assets go up or down.

If the underlying banks and insurance companies increase in value, how likely is it that LBS itself could still decline?

Can someone explain in simple terms how closely LBS's share price follows the NAV/value of its underlying holdings?

Does the split-share structure create situations where the underlying portfolio is doing well but LBS can still perform poorly?

Is there any realistic scenario where the banks and insurers continue doing well over the long term but LBS shareholders still have a poor long-term outcome?

Thanks

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u/krunalpatel18 — 9 days ago