Look beyond Canada’s Big Five banks

For most investors, Canada’s Big Five make up the bulk (if not all) of their Finance sector holdings. As the banks have expanded over the past few decades, owning them gives you exposure to a broad variety of financial services, including wealth management, brokerage and… Read More

Power hikes its dividend

POWER CORP., $41.03, is a buy. The conglomerate (Toronto symbol POW; Shares outstanding: 621.7 million; Market cap: $28.1 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%; www.powercorporation.com) is a holding company with a diversified list of businesses.
Its primary investments are controlling stakes in Great-West Lifeco and IGM Financial. It… Read More

Here are key updates on 3 dividend payers

SNAP-ON INC. $202 is still a hold. The company (New York symbol SNA; Conservative-Growth Dividend Payer Portfolio, Manufacturing sector; Shares o/s: 53.7 million; Market cap: $10.8 billion; Dividend yield: 2.4%; Dividend Sustainability Rating: Above Average; www.snapon.com) makes tools for auto mechanics and industrial customers.
Starting with the December 2020 payment,… Read More