Just a slow comeback from the Verizon scare, and the realization from blue chip investors that the dividend is pure joy given the stability of the core businesses that BCE enjoys.
A couple months back, at around the $42 mark, the yield on BCE was just a little over 5%. Can't go wrong with a tele-stalwart paying that kind of a dividend, and from one that dropped $6 almost overnight on a competition scare.
So, you have a stock that dropped $6 on a scare, the scare didn't bear fruit and now you have a stock that has $6 left in the tank just to make it back to where it was (15%), and that pays you 5% to hang around until it happens.
Byron, regardless from where the shares are issued/bought, I wasn't happy to learn that the 1% discount-to-market was rescinded for the DRIP.
What's disappointing is that there was no notice of this change, I had to do a little digging to come up with the news, which wasn't revealed to DRIP investors. Which begs the question, is the treasury dry of shares available for issuance under the DRIP?
BNS still has their DRIP in place, with the 2% discount-to-market applicable to the DRIP.
Disclosure : I own both.
Strange, you state that you don't take advice from message boards........yet Stockhouse's board is gospel to you.
Again, what do you care? You're not a shareholder, you're a genius for having sold your 100 share just before earnings release and the subsequent tumble. That is if you're to be believed. Then again, they were your statements, placed publicly for all to see.
It's hard to be a "shareholder activist", Blurts, when you're not even a shareholder. You do get that.....right?
Well, if it's none of my business (or anyone else's for that matter), then don't post what you do when you do it in a public forum.
You don't own BBD.b, you've no skin in the game. Come on back and yap at $3.60 when you're back in. Of course, when you get back in, or if you get back in, is none of my business (even though you post it for all to see on a public message board).
You certainly are a prize specimen, Blurts.
A wide range of estimates given ranging from $1.46-$2.01. Given that the year end was Oct. 31, the focus will most likely be on annual profits rather than quarterly. We've had somewhat of a preview with the AMTD activity over the past couple of months, but that's a drop in the financial bucket for TD as a whole.
I'm still miffed that the 1% discount to market for the DRIP has been cancelled. Then again, this is a dead board.
BittyBit, your new alias should be "duckfart".
After all, you're full of air and not much else. Better run if you don't want to miss your bus.
Still a DumDum.........
at the New Jersey Transit Authority Lost and Found, looking for the mittens he forgot on the bus the other day.
This is probably the first day in recent memory that he hasn't inundated this board with at least five aliases (each one as dumb and transparent as the last).
Blurts, you can't even spell my name right when it's right there in front of you.
For good yield, buy some BCE. For good guaranteed return, buy some TRP.PR.D.
Blurts has gone from :
"okay i'm converted i'll buy back into it ?? i give up what price would you suggest i buy it at"
"I'll buy back in at $3.60."
Why not just move on, Blurts? You can get some nice TransCanada preferred series 7's for $25/share. Guaranteed capital and a 4% return, paid quarterly. It's plain that you're not cut out for risk, so why do you bother?
You post the same stuff over and over and over and over and over and over, ad infinitum.
Funny, you ineptness with "Moday" required an "n" key, yet you have not problems spelling "moron".
I think you need more than just a new keyboard, Grimmy.
but then again so was his goose after losing a load on LEH, C and TD.
C'mon, BittyBit.......front and centre. LOL
Still a complete and utter DumDum.......