BCE Inc. (BCE.TO)

Likes their longer-term strategy. Have done well in the wireless area and also in the wire line area where they have a much bigger percentage of their operations than others. The decline in EBITDA is reaching that crucial point this year, where you will start seeing it stabilize or even increase. Have done a very good job in the Fibe TV segment. Their target is to increase earnings to at least 5% a year along with the dividends. Expects you will get 10% overall returns.

Likes it. It is not cheap any more. 5% yield, 15 times earnings. He gets an 8-10% on going rate of return.

A strong hold if you like income. It is unlikely ever to cut its dividend. There are, however, some CRTC issues and he would not buy until this is resolved. Don’t buy unless you are happy with only the dividend.

(A Top Pick April 19/13. Up 7.76%.) This security is bought as a substitute for bonds. Have been very good about increasing the dividends.

Looking at this and other companies in the space, things have changed in this area. We had a situation where wireless was booming and wireline was faltering. Now we seem to be getting into an area where wireless seems to be faltering. Doesn’t seem to be the growth there used to be in wireless. There are better areas to be in. Doesn’t see any upcoming trend on stocks like this. Great yield.

5.2% dividend. He has nothing in the communications area. Dividend is safe. Doesn’t see increases, however due to competitive pressures. Prefers pipelines for income, but you could own this one for income also.

Chart shows that the trend is on the upside and it is trading slightly better than the TSE Composite. Trading below its 20 day moving average. You want to wait until the stock starts showing signs of support. That would probably come close to the $45 level where support was previously indicated.

Had a pretty good run. Suspects some volatility over the summer. TELUS or Rogers probably have a better growth profile. Doesn’t own Rogers or BCE.

7% cash flow yield and dividend. VZ-N is positioned a little better because of being a more pure wireless provider, but both will do well. It’s for a conservative investor.

Trades at about 15 times earnings, great dividend that will continue to grow. You won’t see the same price appreciation. A lot of the costs they took out over the years are done. He would buy more if it fell.

Bought Preferreds in 2011, should caller sell them. He would not buy their preferred shares because of their rating. They are not investment grade. Own the common stock.

You get a 5% dividend. Thinks it is safe. Until we see how the landscape looks in telecom and wireless he would not hold it. Wants to see where there are growth opportunities.

Likes Telcos. Good business to be in. Stock sold off when people sold interest sensitives so he bought. The sort of stock you can sit with and sleep with. He likes BA for the yield as well.

Recently reduced his holdings in his “growth” portfolios. Just raised their dividend giving up 5.2% yield. The issue he has is that a 3^rd of their revenue comes from wireless whereas a company like Telus (T-T) has nearly 60% of revenue from wireless. Wireless is the place to be. He is really impressed with Bell Fibe.

Preferreds versus common? Feels you should Sell the preferreds and buy the common shares. One of the anomalies in the marketplace that has existed since 2007-2008, is the gap between preferred share yields and common shares yields have been very narrow. So his natural inclination is to prefer the common shares where there is growth potential in earnings and dividends and total return potential as opposed to preferred shares which are limited to the upside and vulnerable to rising bond yields.