Dividend Advisor Hotline – Friday, August 2, 2019

SNC-LAVALIN GROUP INC., $17.81, Toronto symbol SNC, is a leading Canadian engineering and construction company that specializes in large-scale infrastructure projects such as roads, bridges, transit systems and water-treatment plants.

To conserve cash for debt repayments, SNC is cutting its quarterly dividend by 80.0%. Starting with… Read More

Five North American ETF buys and one sell

The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.
Of… Read More

High dollar hurts sales but not 3M’s dividend

3M COMPANY $185 (New York symbol MMM; Income Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 582.3 million; Market cap: $107.7 billion; Dividend yield: 2.9%; Dividend Sustainability Rating: Above Average; www.3m.com) started up in 1902 as the Minnesota Mining & Manufacturing Company.
While it started off making… Read More