BCE Inc. (BCE.TO)

Has been in his portfolio forever. Dividend of 5.4%. Feels they are getting more competitive with Telus (T-T) and Rogers (RCI.B-T). Over time the stock should do pretty well and will increase their dividends.

Likes telecom sector because of its predictable cash flows and not a lot of risk to the economic cycle. If he had to choose between Bell and Telus (T-T) he would probably choose Telus, which has been more predictable from a dividend standpoint. Bell gives you a 5% yield.

Have been 8 dividend increases in the last 16 quarters. Currently yielding north of 5.25% in a marketplace where you get 2% on a 10 year government bond. There are some catalysts for this company including playing catch-up to the competition on their subscribers.

Is this range bound? If so what are the lower and upper ranges? Are there any catalysts in the foreseeable future that will propel it higher? Looking at the chart, he would say it is not range bound at all but is really a long term hold. Dividend yield of over 5%. Prefers Telus (T-T) which has gotten approval to change its non-voting shares for common shares on a one to one basis.

Was in a downward trend and formed a nice little base pattern. Above $43 you will have an uptrend.

Wire line business did poorly and he thinks this will change as IPTV rolls out and the footprint will get to about 68%. Wireless and media did very, very well in the last quarter and will continue to do well. Expects there will be more clarity in February, which is their 4^th quarter. Fairly valued and there is some opportunity for it to go slightly higher. Doesn’t think the NHL lockout affects them that much.

Is this a good choice for a steady income for a retiree? A report just came out that if smart phones get to 70% as an installed base in Internet, the growth of this company will slow down sharply, competition will be tough and it will be tougher to grow earnings as quickly, and therefore the dividends. He feels there is no chance for the dividends on this company to get cut.

He evacuated the telco space some time ago. There are better places in the telco space outside of Canada. They all had a bit of a pullback. The dividend is safe and they are not doing anything difficult. You can buy them as they pullback into support. You can either trade or hold a core position.

(A Top Pick Dec 9/11. Up 11.78%.) Expecting further dividend increases so he likes it. Good stock to hold in this environment.

Safe and it will give you your dividend. Doesn’t think there is much growth in earnings. Attractive yield. No growth in wireline and wireless is getting squeezed a little bit on the margin side. Some of the telcos fell today because they went ex-dividend.

(A Top Pick Dec 15/11. Up 8.33%.)

5.4% dividend. Great history of raising dividends 4 times in the last two years. Great cash flow generation. Not worried about them chasing Astral.

Incredibly strong balance sheet. Now coming back with some other kind of Astral take-out. It needs to be a ‘net benefit’ to Canadians. He feels the stock still has some downside before he would pick it up. Pick it up at the 52 week low.

Has another offer on the table to acquire Astral Media (ACM.B-T) as content is going to be very important in the future. Competitors have concerns that there is too much concentration in media. Feels it plays more into their long-term plan rather than having an immediate impact on the stock.

Earns so much free cash flow that it still increases dividends.