Investing

Investing Idea - Dividend Growth

  • Last Updated:
  • Feb 25th, 2024 5:45 pm
Deal Addict
Feb 26, 2017
2902 posts
4581 upvotes
Blubbs wrote: It's up 8.6% from one year ago, they raised more than once over that span. It's in the press release, I checked.
I was looking at it from the point of view that they raise every 2 quarters which has been the pattern in the past but probably not how Telus looks at it. I'm getting a bit different figures than you. With two more dividends at 0.3162 this year I get dividends of 1.2548 this year comparted to 1.165 last year. Overall I'm getting 7.8% dividend growth which would meet the 7-10% guidance.

Q1-21 11-Mar-21 01-Apr-21 $0.3112
Q4-20 11-Dec-20 04-Jan-21 $0.3112
Q3-20 10-Sept-20 01-Oct-20 $0.29125
Q2-20 10-Jun-20 02-Jul-20 $0.29125
Q1-20 11-Mar-20 01-Apr-20 $0.29125
Q4-19 11-Dec-19 02-Jan-20 $0.29125
Deal Fanatic
Mar 21, 2013
6154 posts
10805 upvotes
Canada
Chance7652 wrote: I was looking at it from the point of view that they raise every 2 quarters which has been the pattern in the past but probably not how Telus looks at it. I'm getting a bit different figures than you. With two more dividends at 0.3162 this year I get dividends of 1.2548 this year comparted to 1.165 last year. Overall I'm getting 7.8% dividend growth which would meet the 7-10% guidance.

Q1-21 11-Mar-21 01-Apr-21 $0.3112
Q4-20 11-Dec-20 04-Jan-21 $0.3112
Q3-20 10-Sept-20 01-Oct-20 $0.29125
Q2-20 10-Jun-20 02-Jul-20 $0.29125
Q1-20 11-Mar-20 01-Apr-20 $0.29125
Q4-19 11-Dec-19 02-Jan-20 $0.29125
Thanks, I didn't calculate, just looked at the headline of their press release.

https://www.globenewswire.com/news-rele ... -2021.html
Deal Fanatic
User avatar
Jan 19, 2005
5203 posts
2486 upvotes
Vancity
areyoukiddingme2k13 wrote: Hey all,
Just wondering what the best move is when one of these dividend stocks goes through the roof. I'm sitting on about a 300% gain in Airboss. Should I just hang on as is and watch the dividend (hopefully) increase to match the increased earnings, or should I trim position and reallocate?
I'm also sitting on the same gain on BOS. Its P/E isn't too bad. The current price has a lot of support. I've never had a 10 bagger in my life (was close once), so I'm hoping to get one. I don't have too many shares in it. I'll wait until it hits my goal, or 0. Face With Tears Of Joy
signature closed for renovation
Deal Addict
Feb 26, 2017
2902 posts
4581 upvotes
areyoukiddingme2k13 wrote: Hey all,
Just wondering what the best move is when one of these dividend stocks goes through the roof. I'm sitting on about a 300% gain in Airboss. Should I just hang on as is and watch the dividend (hopefully) increase to match the increased earnings, or should I trim position and reallocate?
I try to stick with the strategy on letting my winners run but I did sell 1/3 of Apple at 116 after it tripled for me. I'm also going to add that selling AAPL is a move that's so far cost me money...
Deal Addict
User avatar
Jan 23, 2018
1136 posts
1570 upvotes
The Dawg Pound
areyoukiddingme2k13 wrote: Hey all,
...should I trim position and reallocate?
I think you should sell it to me at your original cost base so that you don't have to pay any capital gains taxes
Newbie
Jun 8, 2015
81 posts
147 upvotes
Vancouver, BC
threadhead wrote: I think you should sell it to me at your original cost base so that you don't have to pay any capital gains taxes
Face With Tears Of Joy
Deal Expert
Dec 5, 2006
16788 posts
12572 upvotes
Markham
Could anyone recommend a good dividend ETF for RRSP and TFSA? Like hold and forget type for say 5-10 years

I am thinking ZDV

Ask for someone who doesn't want individual stocks.
Deal Expert
User avatar
Sep 19, 2004
26763 posts
9333 upvotes
where I belong
smartie wrote: Could anyone recommend a good dividend ETF for RRSP and TFSA? Like hold and forget type for say 5-10 years

I am thinking ZDV

Ask for someone who doesn't want individual stocks.
There are few Dividend threads already on RFD, do a search and ideas are in there
Also few blogs cover it
but I believe all of them are probably near 52w high's

Not necessarily have to be Monthly, but similar idea
best-etf-create-monthly-dividend-stream-2382969/
canadian-monthly-dividend-stocks-2258876/
Which Credit Cards to sign up? >> Jerry's Mega Thread of Credit Cards Q&A
Deal Addict
Feb 26, 2017
2902 posts
4581 upvotes
This is interesting. NYS:T it looks like will be cutting their dividend as part of the Time Warner spin off / merger with Discovery.

https://seekingalpha.com/article/442934 ... vidend-cut

I've owned nys:t a couple times but while it always looks cheap I've never felt like they had a coherent strategy. I think this shows how a high yield and stagnant earnings can lead to a dividend cut even if the dividend is well covered (their payout was around 60%). The growth part of dividend growth investing is very important.
Deal Addict
Dec 13, 2010
2506 posts
1280 upvotes
ON
Oh, I guess that's why the stock took a dive mid-day.
Deal Fanatic
User avatar
Dec 14, 2010
7113 posts
9300 upvotes
Chance7652 wrote: This is interesting. NYS:T it looks like will be cutting their dividend as part of the Time Warner spin off / merger with Discovery.

https://seekingalpha.com/article/442934 ... vidend-cut

I've owned nys:t a couple times but while it always looks cheap I've never felt like they had a coherent strategy. I think this shows how a high yield and stagnant earnings can lead to a dividend cut even if the dividend is well covered (their payout was around 60%). The growth part of dividend growth investing is very important.
Absolutely. And it’s tricky, because businesses that large take a while to turn around. Another company that I am wonder if it will turn around or have the same fate is IBM. Their acquisition of Red Hat has helping to improve results, and dividends continue to grow, but earnings have been on a downtrend for a while.

Other two giants that I could see facing similar issue (struggle to grow and seling businesses to remain competitive) are XOM and CVX.


Rod
Build a comprehensive portfolio based on Investing and Trading strategies. Check out these threads and join the discussion:
Investing strategy based on dividend growth

Trading strategy based on Graham principles.
Deal Addict
Feb 26, 2017
2902 posts
4581 upvotes
rodbarc wrote: Absolutely. And it’s tricky, because businesses that large take a while to turn around. Another company that I am wonder if it will turn around or have the same fate is IBM. Their acquisition of Red Hat has helping to improve results, and dividends continue to grow, but earnings have been on a downtrend for a while.

Other two giants that I could see facing similar issue (struggle to grow and seling businesses to remain competitive) are XOM and CVX.


Rod
I'm editing this as I think my original post was confusing...

This might create a buying opportunity if it drops enough. Assuming the Dividend for nys:t goes from .52 to .30 which is around what I've been reading it will go (they are guiding a 40-45% payout). The current price is around 29 and the spin off shares from what I've been reading will be worth about $7 to holders of nys:t. This would be taken off as a dividend/distribution. This lowers the share price to around $22 after the spin off which at a .30 dividend would give around a 5.5% yield and also give shares in Time Warner / Discovery which could either be held or sold.

Its the 'its not as bad as it looks investing strategy :)'. Management still would be a concern as they've added a lot of debt and destroyed a lot of shareholder value with the DirectTV and Time Warner acquisitions. This looks a bit like tse:ALA to me who also made a lot of bad moves but also got really cheap but had good assets.
Newbie
Oct 8, 2020
44 posts
13 upvotes
Anyone use VGRO ETF here? If yes - are you getting another second ETF to invest more? Which one better?
Newbie
Oct 28, 2008
72 posts
17 upvotes
Toronto
Please take a look XGRO ETF almost same little exposure diffrence
Newbie
Dec 5, 2016
89 posts
108 upvotes
Any thoughts on using Stock Rover as the platform to pull company quality and valuation? Or is FAST Graphs still superior?

Pricing for Stock Rover seems to be better if you're willing to commit for 2 years.
Deal Addict
Feb 26, 2017
2902 posts
4581 upvotes
Anyone looking at tse:QSR? Its looking like decent value to me in Fastgraphs based on historical PE.

I could also probably talk myself into ENGH, CNR and NFI (not a dividend growth stock as they cut last year) right now.
Member
Mar 1, 2016
453 posts
442 upvotes
Hi @rodbarc

Any thought on whether KEY is still fairly valued at this point? I started a position in my TFSA in mid-April for a long-term hold and it has run up 30% since then. I’d like to add more but I am a bit hesitant given how quickly it has run-up.
Last edited by BigDurian on Jun 4th, 2021 8:17 pm, edited 1 time in total.

Top

Thread Information

There is currently 1 user viewing this thread. (0 members and 1 guest)