I held Fortis common for many years and then sold it for 100% gain at one point and ploughed part of the profits into Fortis Preferred Series G which are currently yielding 7.65%. Market price goes up and down, currently at $20 which is a 20% discount of the $25 redemption price if FTS ever decides to call them. For me, they’re about $2000 in the green, but who cares? I have no plans to ever sell them. I just collect my dividends., FTS common has been beaten up, so maybe I’ll go back into the common shares in this cycle.
Hi Mike, I have about 3% of my portfolio in FTS and CU. I've been wanting to sell CU for a while and your video convinced me. Thanks for the information.
I hold FTS and it’s hard to stay committed when it’s getting clobbered by nearly every index last 5 -10 years. But a great asset to hold in a future 2008-09 type market downturn. I like it as a hedge against that. Thanks for the video.
FTS all the way. It's more expensive but as you showed there is a reason for it: revenue and earnings are growing steadily while CU seems to be having some issues. If CU paid a much higher dividend--say 7%--and you had a short timeframe (like near or already in retirement) then CU might look more attractive since you don't need growth for way out into the future buit want it soon/now and it would take FTS a long time to grow enough to surpass the income flow you'd get from CU. Or if you somehow had reason to believe that CU will turn it around and so is a bargain right now then it would also make sense to buy. Not sure what you would know that the market does not though.
Great video Mike. My Canadian Utilities 😉 exposure are FTS, EMA, CPX, BEP.un, BIP.un...FTS is my #1 under that sector...just placed an open order last week to get rid of my last AQN shares. Already sold 75% of my AQN.TO position over the last half year...
Thank you Guy! I quickly sold AQN following my investment rule. I took the hit and moved on. I give a lot of value about the "time" spent in the penalty box (looking at losers in my brokerage account for too long). Therefore, I try to make it as short as possible!
Actually I hold AQN and just got more shares due to the conversion of AQNU, and I think I will add more AQN on a dip. I like the sale of their interest in AY and I think the activist investor Starboard’s restructuring plans will bear fruit. Meanwhile I can sit back and collect 7.23% yield. Aim of the game is to buy low and collect the income, right?
@@bill2p I still see this as a risky play as many "fallen companies" stay dead money. I'm still not convinced AQN will turn everything around. Getting 7% yield is great, but it's less great when it comes with destruction of your capital :-).
Hey Mike, thanks for the analysis, great as always. Fortis is definitely a better choice, which I opted out for. It’s a very stable stock, not the greatest growth though. A lot of people buy it instead of bonds in their portfolios, your thoughts?
I think it's a mistake to see "stable companies" like bonds. You either want fixed income in your portfolio or stocks. If you just chase income and you forget about the asset type, you will get burnt. Both can be in a portfolio (stocks and bonds). I mentioned to my DSR members there was a play to make on bonds at the beginning of the year since rates are expected to fall (and therefore, bond prices would rise). However, if bonds are not part of your strategy, then they should not be in your portfolio (that is also true for stocks). It's about volatility and risk management :-)
Thanks for the video, I own fortis across multiple accounts, total share price appreciation over the last 5 years is 3.6%, ouch, getting a 4% dividend but that’s it. Hydro one has lower yield but much better share price appreciation over the same period, 75%. CU is down -19% and EMA -7%. Within utilities space, I have my own basket, FTS, EMA, CU, CPX, H, BEP, ALA, some NPI and unfortunately some AQN 😢
@@DividendGuy I know it has lower yield, but share price appreciation covers a lot more than 4% yield. Total return on any given day unless of cause you need the income.
Merci pour l’analyse. Je cherche à ajouter de ce secteur dans mon portefeuille. Je vais creuser d’avantage cette option. Pour un francophone qui se débrouille en anglais, tu es une de mes meilleurs options. Le langage, le débit et la prononciation c’est parfait à écouter. J’améliore mes connaissances en investissement et mon oreille à l’écoute anglophone.
Hey there - could you please consider comparing BIP, BEP, CPX. While none have the longevity of Fortis/Emera - they seem to all have decent returns for the time they've been in operation.
are their any such things as Canadian Dividend Aristocrat ETF's??? probably not eh? 😮💨 When I compared all my SB Mutual Funds for my RDSP? The CDN Dividend Fund was BY-FAR the Safest of them all? in all the years the funds existed in every bad year? the CDN Dividend Fund had BY-FAR the smallest hit? and! BTW its preformed BY-FAR the best of all the funds over the long-term. Now I seen or read somewhere this has something to do with the fact that they are Dividend Funds/Paying Companies??? thats a Fact as far as the SB CDN Dividend Fund is concerned. I hope someday my situation will change that I can instead use ETF's instead? Man a CDN Dividend Aristocrat ETF would be amazing don't you think??? it would be excellent growth + VERY SAFE, like The Holy Grail! 😇 of investing you would think
My choice was Fortis as well and see no reason to change that. This kind of comparison is most helpful - thank you
I held Fortis common for many years and then sold it for 100% gain at one point and ploughed part of the profits into Fortis Preferred Series G which are currently yielding 7.65%. Market price goes up and down, currently at $20 which is a 20% discount of the $25 redemption price if FTS ever decides to call them. For me, they’re about $2000 in the green, but who cares? I have no plans to ever sell them. I just collect my dividends., FTS common has been beaten up, so maybe I’ll go back into the common shares in this cycle.
Hi Mike, I have about 3% of my portfolio in FTS and CU. I've been wanting to sell CU for a while and your video convinced me. Thanks for the information.
There is nothing better than investing with conviction :-) I'm glad I could help!
Great video!!
Glad you enjoyed it
great comparison between 2 stocks and very informative ,,, good educational tutor .... I have owned Fortis for a long time
Thx Paul! Is there any stocks you would like me to cover in the future?
Fortis 👍🏻
I hold FTS and it’s hard to stay committed when it’s getting clobbered by nearly every index last 5 -10 years. But a great asset to hold in a future 2008-09 type market downturn. I like it as a hedge against that. Thanks for the video.
I see FTS as my “deluxe bond”. I have other stocks to generate growth. This one brings stability.
FTS is my biggest utility holding about 5% of my portfolio but I also hold EMA CPX BEP.
Great list!!
FTS all the way. It's more expensive but as you showed there is a reason for it: revenue and earnings are growing steadily while CU seems to be having some issues.
If CU paid a much higher dividend--say 7%--and you had a short timeframe (like near or already in retirement) then CU might look more attractive since you don't need growth for way out into the future buit want it soon/now and it would take FTS a long time to grow enough to surpass the income flow you'd get from CU. Or if you somehow had reason to believe that CU will turn it around and so is a bargain right now then it would also make sense to buy. Not sure what you would know that the market does not though.
In the end, it's always about total return :-) FTS show a more stable and predictable growth so far.
Great video Mike. My Canadian Utilities 😉 exposure are FTS, EMA, CPX, BEP.un, BIP.un...FTS is my #1 under that sector...just placed an open order last week to get rid of my last AQN shares. Already sold 75% of my AQN.TO position over the last half year...
Thank you Guy! I quickly sold AQN following my investment rule. I took the hit and moved on. I give a lot of value about the "time" spent in the penalty box (looking at losers in my brokerage account for too long). Therefore, I try to make it as short as possible!
Actually I hold AQN and just got more shares due to the conversion of AQNU, and I think I will add more AQN on a dip. I like the sale of their interest in AY and I think the activist investor Starboard’s restructuring plans will bear fruit. Meanwhile I can sit back and collect 7.23% yield. Aim of the game is to buy low and collect the income, right?
@@bill2p I still see this as a risky play as many "fallen companies" stay dead money. I'm still not convinced AQN will turn everything around. Getting 7% yield is great, but it's less great when it comes with destruction of your capital :-).
I have fortis for over 10 years great stock
Holding stable companies is always a good move :-)
What is your 10 year progress average income growth, let’s assume you invested $10,000 ?
I’m up 60% not including dividends 👍
Thank you for the video
Hey Mike, thanks for the analysis, great as always. Fortis is definitely a better choice, which I opted out for. It’s a very stable stock, not the greatest growth though. A lot of people buy it instead of bonds in their portfolios, your thoughts?
I think it's a mistake to see "stable companies" like bonds. You either want fixed income in your portfolio or stocks. If you just chase income and you forget about the asset type, you will get burnt. Both can be in a portfolio (stocks and bonds). I mentioned to my DSR members there was a play to make on bonds at the beginning of the year since rates are expected to fall (and therefore, bond prices would rise). However, if bonds are not part of your strategy, then they should not be in your portfolio (that is also true for stocks). It's about volatility and risk management :-)
@@DividendGuy Thanks very much for your insights.
Very helpful information. Thanks, Mike!
I'm glad I helped Tanya!
How about Visa vs MC?
That’s a good video idea! Thx!
i really like the way you explain things 🔥 and by the way go habs go keep him in your videos
Thx! I hope Habs will be back in the playoffs next year… but it’s more hope than being realistic! Haha
Can you do something like this for Industrials, Energy and Real-estate sectors for the Canadian market? Merci!
You bet! Do you have any stocks in mind?
@@DividendGuy Industrials: CNR,FTT,HPS,TFII,TIH,TRI,WCN. Energy: CNQ vs ???. Real-estate: GRT vs ????
FTS, ftw!!
Loved this video. I have Fortis shares
Thx my friend! do you own any other utilities?
Great comp video! How does Emera compare to Fortis?
Thanks for the video, I own fortis across multiple accounts, total share price appreciation over the last 5 years is 3.6%, ouch, getting a 4% dividend but that’s it. Hydro one has lower yield but much better share price appreciation over the same period, 75%. CU is down -19% and EMA -7%.
Within utilities space, I have my own basket, FTS, EMA, CU, CPX, H, BEP, ALA, some NPI and unfortunately some AQN 😢
I like Hydro One too, it doesn’t get enough attention
@@DividendGuy I know it has lower yield, but share price appreciation covers a lot more than 4% yield. Total return on any given day unless of cause you need the income.
Merci pour l’analyse. Je cherche à ajouter de ce secteur dans mon portefeuille. Je vais creuser d’avantage cette option. Pour un francophone qui se débrouille en anglais, tu es une de mes meilleurs options. Le langage, le débit et la prononciation c’est parfait à écouter. J’améliore mes connaissances en investissement et mon oreille à l’écoute anglophone.
Merci :-) tu peux aussi ajouter les captions, ça peut aider :-)
Hey there - could you please consider comparing BIP, BEP, CPX. While none have the longevity of Fortis/Emera - they seem to all have decent returns for the time they've been in operation.
I've done videos on all of three already on the channel. You can have a look at them :-)
@@DividendGuy Ok thanks, I'll have a look.
Instead of buying CU just buy Atco. They own CU
Good point! But I still prefer FTS!
@@DividendGuyI'm in on fts, bip, atco
The worst of the worst is AQN......
That was definitely a big fail. But I got to learn a lot from that bad trade!
are their any such things as Canadian Dividend Aristocrat ETF's??? probably not eh? 😮💨
When I compared all my SB Mutual Funds for my RDSP? The CDN Dividend Fund was BY-FAR the Safest of them all? in all the years the funds existed in every bad year? the CDN Dividend Fund had BY-FAR the smallest hit? and! BTW its preformed BY-FAR the best of all the funds over the long-term.
Now I seen or read somewhere this has something to do with the fact that they are Dividend Funds/Paying Companies??? thats a Fact as far as the SB CDN Dividend Fund is concerned.
I hope someday my situation will change that I can instead use ETF's instead? Man a CDN Dividend Aristocrat ETF would be amazing don't you think??? it would be excellent growth + VERY SAFE, like The Holy Grail! 😇 of investing you would think
Hey! Yes, Canadian dividend aristocrats ETFs exist (check on Google, Blackrock has one :-) . However, it's not perfect (nothing is :-) ).