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Topics Library Archives

Updating Our High-Growth Payers: Cisco Systems

CISCO SYSTEMS INC. $48 is a buy. The company (Nasdaq symbol CSCO; High-Growth Dividend Payer Portfolio, Manufacturing sector; Shares outstanding: 4.1 billion; Market cap: $196.8 billion; Dividend yield: 3.3%; Dividend Sustainability Rating: Above Average; www.cisco.com) makes hardware and software to link and manage computer networks.
With the April 2024 payment,… Read More

Telus’s dividend looks sustainable

High-yielding utility stocks like Telus have suffered in the past few months as investors shift to bonds. High interest rates are also adding to their debt servicing costs. However, rates will probably come down in the next few months. As well, Telus’s improving cash flow… Read More

TNL expands in Asia

TRAVEL + LEISURE CO. $46 is a buy. The company (New York symbol TNL; Cyclical-Growth Payer Portfolio, Consumer sector; Shares outstanding: 71.0 million; Market cap: $3.3 billion; Dividend yield: 4.3%; Dividend Sustainability Rating: Average; www.travelandleisureco.com) is now the world’s largest vacation-ownership and exchange company with more than 245 timeshare… Read More

Use these updates to boost your returns: T. Rowe Price, Emera & Gen Digital

T. ROWE PRICE GROUP INC. $111 is a buy. The asset manager (Nasdaq symbol TROW; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 223.7 million; Market cap: $24.8 billion; Dividend yield: 4.5%; Dividend Sustainability Rating: Above Average; www.troweprice.com) provides financial advice and products to individuals and institutions worldwide.
T. Rowe… Read More

CN still sees higher 2024 earnings

CANADIAN NATIONAL RAILWAY CO. $168 is a buy. Canada’s largest railway (Toronto symbol CNR; Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 637.6 million; Market cap: $107.1 billion; Dividend yield: 2.0%; Dividend Sustainability Rating: Highest; www.cn.ca) raised your quarterly dividend by 7.0% with the March 2024 payment. The… Read More

Market dominance protects your dividends

Dividend-seeking investors tend to shy away from small-cap stocks as they feel their payments are less secure than large cap firms. However, these two small caps dominate their niche markets, which offsets your risk.
CALIAN GROUP LTD. $55 is a buy. The company (Toronto symbol CGY; High-Growth Dividend… Read More

68 years of rising dividends

PROCTER & GAMBLE CO. $163 is a buy. The stock (New York symbol PG; Income-Growth Portfolio, Consumer sector; Shares outstanding: 2.4 billion; Market cap: $391.2 billion; Dividend yield: 2.5%; Dividend Sustainability Rating: Highest; www.pg.com) is one of the world’s largest makers of household and personal-care goods.
With the May 2024… Read More

Loyal customers make Starbucks a buy

These two U.S. beverage-related stocks are taking steps to improve their long-term sales. We still like the outlook for both, as these actions should let them keep raising your dividends. However, we feel Starbucks, with its strong customer loyalty and international growth plans, is less… Read More

These bank dividends still look solid

Accounting rules are forcing these two banks to set aside more funds for potential loan defaults in the current high interest rate environment. While that has hurt their earnings and pushed up their dividend payout ratios, savings from recent cost cuts should improve those ratios… Read More

Buy quality assets at a discount: Power Corp

POWER CORP. OF CANADA $37 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 652.2 million; Market cap: $24.1 billion; Dividend yield: 6.1%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) has several primary investments, including controlling stakes in Canadian financial services firms Great-West… Read More

Distribution hikes are a sign of confidence

These two REITs focus mainly on retail shopping malls, which adds risk. However, their high-quality properties continue to attract new tenants and help retain existing ones. As a result, both REITs recently raised their distributions.
RIOCAN REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto symbol… Read More

A Yield to Caution: Automotive Properties REIT

AUTOMOTIVE PROPERTIES REIT $10 (Toronto symbol APR.UN; Units outstanding: 39.7 million; Market cap: $397.0 million; Dividend yield: 8.0%; www.automotivereit.ca) is a real estate investment trust that owns 77 commercial properties across cities in Ontario, Saskatchewan, Manitoba, Alberta, B.C. and Quebec.
The REIT’s properties offer 2.9 million square feet… Read More

Spinoff will unlock Baxter’s value

Medical device maker Baxter will soon spin off its kidney care business as a separate firm. That should help unlock some of its value, in part because the stock market finds it easier to value “pure-play” firms that focus on a single business. Longer-term, the… Read More

Nordstrom is now a takeover target

NORDSTROM INC. $19 remains a hold. The company (New York symbol JWN; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 160.1 million; Market cap: $3.0 billion; Price-to-sales ratio: 0.2; Dividend yield: 4.0%; TSINetwork Rating: Extra Risk; www.nordstrom.com) owns and operates 359 department stores in the U.S. Those locations sell… Read More

Three more updates to protect your returns

NEWELL BRANDS INC. $7.04 remains a hold. The company (Nasdaq symbol NWL; Aggressive Growth and Income Portfolios, Consumer sector; Shares outstanding: 414.3 million; Market cap: $2.9 billion; Price-to-sales ratio: 0.4; Dividend yield: 4.0%; TSINetwork Rating: Average; www.newellbrands.com) makes a wide range of consumer and household products such as… Read More

R&D improves FICO scores

FAIR ISAAC CORP. $1,193 remains a buy for highly aggressive investors. The company (New York symbol FICO; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 24.9 million; Market cap: $29.7 billion; Price-to-sales ratio: 19.4; Dividend suspended June 2017; TSINetwork Rating: Average; www.fico.com) spends a high 11% on… Read More