…and it could easily afford Bell Aliant

BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $26 (Toronto symbol BA.UN, Conservative Growth Portfolio, Utilities sector; Units outstanding: 127.4 million; Market cap: $3.3 billion; Price-to-sales ratio: 1.1; Dividend yield: 11.2%; SI Rating: Above Average) provides telephone services in Atlantic Canada, as well as rural parts of… Read More

BCE is ready to compete

BCE faces strong competition from cable companies and new wireless providers. However, a major cost-cutting drive has freed up cash for new investments in its networks. These savings also give BCE room for dividend increases, share buybacks and other moves that can pay off for… Read More

Still a top choice for income seekers

BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $26 (Toronto symbol BA.UN, Conservative Growth Portfolio, Utilities sector; Units outstanding: 127.3 million; Market cap: $3.3 billion; Price-to-sales ratio: 1.0; Dividend yield: 11.2%; SI Rating: Above Average) will convert to a dividend-paying corporation on January 1, 2011. That’s when… Read More

The Successful Investor Hotline – Friday, June 18, 2010

CANADIAN IMPERIAL BANK OF COMMERCE, $74.75, Toronto symbol CM, is buying the Canadian MasterCard credit-card business of U.S.-based Citigroup Inc. (New York symbol C). Right now, CIBC only issues Visa cards, so this purchase will diversify its credit-card business.

The bank did not reveal the purchase… Read More

The Successful Investor Hotline – Friday, May 7, 2010

CGI GROUP INC., $14.90, Toronto symbol GIB.A, has agreed to buy Stanley Inc. (New York symbol SXE). Founded in 1966 by U.S. Navy Rear Admiral Emory Stanley, Stanley Inc. provides computer-outsourcing services, mainly to military and civilian agencies of the U.S. government. CGI aims to… Read More

More yield, less growth

BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $25.47 (Toronto symbol BA.UN: Units outstanding: 127.3 million; Market cap: $3.2 billion; SI Rating: Above Average; Yield: 11.4%) provides traditional land-line phone service in Atlantic Canada and rural parts of Ontario and Quebec.

The trust will revert to regular corporate… Read More

Bell Aliant is still a buy

BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $25.30 (Toronto symbol BA.UN: Units outstanding: 127.3 million; Market cap: $3.2 billion; SI Rating: Above Average; Dividend yield: 11.4%) will convert to a regular, dividend-paying corporation before Ottawa starts taxing income trusts on January 1, 2011.

The conversion will force… Read More

BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $25 – Toronto symbol BA.UN

BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $25 (Toronto symbol BA.UN; Conservative Growth Portfolio, Utilities sector; Shares outstanding: 228.4 million; Market cap: $5.7 billion; Price-to-sales ratio: 1.8; Dividend yield: 11.6%; SI Rating: Above Average) provides telephone services in Atlantic Canada, as well as rural parts of… Read More

Big telcos ready to face new competitors

Canada’s big telephone companies have faced strong competition from cable companies for years. This experience will help them deal with three new entrants in the wireless field. One of these new competitors, Wind Mobile, is already operating. Two more, Mobilicity and Public Mobile, should launch… Read More