acquisition
TORONTO-DOMINION BANK $78 (Toronto symbol TD; Income-Growth Payer Portfolio; Finance sector; Shares outstanding: 1.83 billion; Market cap: $142.7 billion; Dividend yield: 3.8%; Dividend Sustainability Rating: Highest; www.td.com) is Canada’s second-largest bank after Royal Bank, with total assets of $1.32 trillion.
TD gets 55% of its earnings from its Canadian retail business, which operates 1,100 branches....
TD gets 55% of its earnings from its Canadian retail business, which operates 1,100 branches....
ROYAL BANK OF CANADA $105 (Toronto symbol RY; Income-Growth Portfolio, Finance sector; Shares outstanding: 1.4 billion; Market cap: $147.0 billion; Dividend yield: 3.9%; Dividend Sustainability Rating: Highest; www.rbc.com) is Canada’s largest bank with assets of $1.38 trillion....
Pembina Pipeline continues to enjoy our Above-Average Dividend Sustainability Rating. That reflects, in part, its unbroken record of dividend payments since converting from an income trust in October 2010.
The company’s expansion into the U.S....
The company’s expansion into the U.S....
A: Goodfood Market Corp., $2.90, symbol FOOD on Toronto (Shares outstanding: 58.1 million; Market cap: $175.5 million; www.makegoodfood.ca), is a Canadian meal kit company....
AltaGas is now focused on high-growth U.S. opportunities. That follows the company’s move to set up its Canadian businesses as AltaGas Canada and sell shares in the new firm to the public. The proceeds helped AltaGas pay for a big U.S. utility to spur its cash flow.
The company will likely sell its remaining stake in AltaGas Canada rather than hand it to shareholders as a special dividend....
The company will likely sell its remaining stake in AltaGas Canada rather than hand it to shareholders as a special dividend....
BROADRIDGE FINANCIAL SOLUTIONS $133.20 New York symbol BR; TSINetwork Rating: Average) (201-714-3000; www.broadridge.com; Shares outstanding: 116.1 million; Market cap: $15.4 billion; Dividend yield: 1.5%) has completed the acquisition of the retirement plan custody and trust assets of TD Ameritrade Trust Company, a subsidiary of TD Ameritrade Holding Corp....
CIMAREX ENERGY $49.76 (New York symbol XEC; TSINetwork Rating: Extra Risk) (303-295-3995; www.cimarex.com; Shares outstanding: 101.4 million; Market cap: $5.2 billion; Dividend yield: 1.6%) produces and explores for natural gas and oil....
RUSSEL METALS $20.76 (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (905-819-7777; www.russelmetals.com; Shares outstanding: 62.1 million; Market cap: $1.3 billion; Dividend yield: 7.3%) is one of North America’s largest metal distributors....
IAMGOLD $4.83 (Toronto symbol IMG; TSINetwork Rating: Speculative) (1-888-464-9999; www.iamgold.com; Shares outstanding: 468.0 million; Market cap: $2.2 billion; No dividends paid) has reportedly attracted some takeover interest from China National Gold Group Corp., that country’s second-biggest gold miner.
The global gold-mining industry has, in fact, seen two recent acquisition deals: Barrick Gold (symbol ABX on Toronto) paid $6 billion U.S....
The global gold-mining industry has, in fact, seen two recent acquisition deals: Barrick Gold (symbol ABX on Toronto) paid $6 billion U.S....