Thursday, April 2, 2020

Dividend Paying Picks in the COVID Selloff

Financial Post: Stock yields are looking juicy, but beware of looming dividend cuts.

So far, reviewed several bank, REITs, oil and gas as well as pipelines.  

Purchased:
CM, BNS locking in yields of 8% 
BPY (Brookfield Property) and locking in 10%
A flyer on IPL with knowledge that the dividend could be cut but still paid a decent dividend to wait (yes oil has decreased to below $4.00 for WCS, emphasis on the "wait")

The scorecard to follow....

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