Topping up a Position – Corus

12 Responses

  1. May says:

    Too risky for my taste. Also, no capital gain for last 10 years, no dividend increase for almost 3 years and a dividend cut is more likely than a dividend increase in the near future. As I am not very far from retirement, I will avoid this kind of stock.

    I like drip too. But dripping itself is not my goal. I am dripping for DCA purpose. I am completely fine if I could not get dripped. For some stock, it requires too much fund to get a drip, e.g. CP. Collecting the dividend and reinvest is essentially the same as DRIP.

    Recently utility stocks got a hit. I have added some ema and fts.

    • Hey May
      Great points. It may seem risky based on the dividend yield but they have alot of great channels and media sources. Like you said approaching retirement i would probably just stick with blue chips. Nice buys on the utility’s. I saw the dip but wanted to add to one of my 3 lowest sectors. True about certain drips like cp. That would take a tonne of capital.
      Happy new yrs May.

  2. It can be a nice trade from the technical standpoint. The tax loss season is over and you may get a nice bump in January. Cheers!
    Dividend Income Stocks recently posted…Portfolio Value Update – December 2017My Profile

  3. Team CF says:

    We are on the brink of actually selling our position and replacing it with a more “stable” less risky investment for the longer term. The yield is great, but do you really want to own this company in 10 or 20 years? If no, take some gains and get out, if you do, hold on! Best of luck in any case

  4. Urwa Malik says:

    Keep it but It can be a nice trade from the technical standpoint. lots of love

  5. Leo T. Ly says:

    Hapnew year PCI. From the analysis, one of the important things to look at is the company’s free cash flow. This is the number one factor that I would pay close attention to if there is any speculation in a dividend cut. The payout ratio is still pretty healthy to me. I don’t have corus in my portfolio and it’s definitely worth taking a look.

    Happy New Year.
    Leo T. Ly recently posted…Is Bitcoin An Investment Or A Gamble?My Profile

  6. I loved the idea of drip each month. Nevertheless amazing article. Looking forward to read such interesting articles.

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