Read More

Topics Library Archives

Updating your Conservative-Growth Payers: Power Corp. of Canada

POWER CORP. OF CANADA $39 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 649.2 million; Market cap: $25.3 billion; Dividend yield: 5.8%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) holds controlling stakes in Canadian financial services firms Great-West Lifeco (insurance) and IGM… Read More

AbbVie’s new drugs will spur your dividend

Sales of drug maker AbbVie’s main product, Humira, have suffered lately due to competition from generic versions. However, recent acquisitions have strengthened the pharmaceutical giant’s development portfolio; that bodes well for more dividend increases.
ABBVIE INC. $176 is a buy. The company (New York symbol ABBV; High-Growth Dividend… Read More

PepsiCo faces two challenges

PEPSICO INC. $168 is a hold. The company (Nasdaq symbol PEP; Conservative-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 1.4 billion; Market cap: $235.2 billion; Dividend yield: 3.2%; Dividend Sustainability Rating: Above Average; www.pepsico.com) is the world’s second-largest soft-drink maker after Coca-Cola. Its other brands include Frito-Lay snacks, Gatorade… Read More

Use these key updates to build your returns

CALIAN GROUP LTD. $56 is a buy. The company (Toronto symbol CGY; High-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 11.9 million; Market cap: $666.4 million; Dividend yield: 2.0%; Dividend Sustainability Rating: Above Average; www.calian.com) provides business services to the healthcare, defence, security, aerospace, engineering, agriculture and… Read More

High R&D will boost Gen Digital

GEN DIGITAL INC. $25 is a buy. The company (Nasdaq symbol GEN; High-Growth Dividend Payer Portfolio, Consumer sector; Shares o/s: 626.1 million; Market cap: $15.7 billion; Dividend yield: 2.0%; Dividend Sustainability Rating: Average; www.gendigital.com) owns several security-related consumer brands, including Norton, LifeLock, and Avast, in addition to Avira, AVG,… Read More

Solid purchase for Broadridge

BROADRIDGE FINANCIAL SOLUTIONS INC. $203 is a buy. The company (New York symbol BR; High-Growth Payer Portfolio, Finance sector; Shares outstanding: 118.2 million; Market cap: $24.0 billion; Dividend yield: 1.6%; Dividend Sustainability Rating: Above Average; www.broadridge.com) is best known for processing and distributing proxies and regulatory filings. It last… Read More

Fast-food giants continue to expand in China

Even though China’s economic growth as slowed lately, these two fast-food giants continue to expand in that country. We feel these investments will ultimately pay off, which will let them keep raising their dividends.
STARBUCKS CORP. $75 is a buy for aggressive investors. The company (Nasdaq symbol SBUX;… Read More

Two high-quality REITs for dependable income

When investing in retail-focused REITs, investors should pay close attention to the quality of their properties as well as their tenants—both directly affect their distributions. Here are two REITs to count on for steady monthly payments.
RIOCAN REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto… Read More

Canadian Utilities boosts its ESG score

CANADIAN UTILITIES LTD. $31 is a buy. The distributor of electricity and natural gas (Toronto symbol CU; Income Growth Portfolio, Utilities sector; Shares outstanding: 271.3 million; Market cap: $8.4 billion; Dividend yield: 5.8%; Dividend Sustainability Rating: Above Average; www.canadianutilities.com) last raised your quarterly dividend with the March 2024 payment… Read More

A Yield to Caution

BMO INTERNATIONAL DIVIDEND ETF $24 (Toronto symbol ZDI; Units outstanding: 21.2 million; Market cap: $508.8 million; Dividend yield: 4.05%; www.bmoetfs.ca) offers exposure to a portfolio of high-yield dividend-paying companies in developed markets. The fund excludes North American firms.
The fund started up in November 2014. Its MER is… Read More

This insurer is rewarding investors

The shares of insurance giant Manulife have jumped 30% in the past year. That’s largely because it sold some of its slower-growth assets and is using the cash to reward investors with more share buybacks and dividend increases. Higher interest rates have also boosted the… Read More