acquisition

ALGONQUIN POWER & UTILITIES CORP. $15 (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 490.5 million; Market cap: $7.4 billion; Dividend yield: 4.6%; Dividend Sustainability Rating: Above Average; www.algonquinpower.com) operates through two main businesses: The Liberty Power Group produces and sells electricity from 39 clean energy facilities across North America; and the Liberty Utilities Group provides regulated electricity, natural gas, water distribution and wastewater collection services.


The company last increased its quarterly dividend with the July 2018 payment....

PROCTER & GAMBLE CO. $103 (New York symbol PG; Income-Growth Portfolio, Consumer sector; Shares outstanding: 2.5 billion; Market cap: $257.5 billion; Dividend yield: 2.8%; Dividend Sustainability Rating: Highest; www.pg.com) is one of the world’s largest makers of household and personal-care goods.


Starting with the May 2018 payment, Procter raised its quarterly dividend by 4.0%....

FINNING INTERNATIONAL INC. $23 (Toronto symbol FTT; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 164.6 million; Market cap: $3.8 billion; Dividend yield: 3.5%; Dividend Sustainability Rating: Above Average; www.finning.com) sells and services Caterpillar-brand heavy equipment in Western Canada, South America and the U.K.


Starting with the March 2018 payment, Finning raised its quarterly dividend by 5.2%....

In 2014, Agilent, a long-time favourite of ours, spun off its electronics-testing business (Keysight) as a separate company. The move made sense, as it let Agilent focus on its main medical lab equipment business.


Keysight has mostly stayed in a narrow range since the split, but a recent acquisition has helped push it up nearly 40% since the beginning of the year....

A: Corby Spirit and Wine Ltd., $18.15, symbol CSW.A on Toronto (Shares outstanding: 28.5 million; Market cap: $517.3 million; www.corby.ca) is a Canadian marketer and distributor of both alcoholic spirits and wines.

Pernod Ricard, a global leader in the industry, holds a 51.6% stake in Corby through its wholly owned Canadian subsidiary, Hiram Walker....

A: Cobalt 27 Capital Corp., $3.94, symbol KBLT on the Toronto Venture Exchange (Shares outstanding: 85.3 million; Market cap: $331.9 million; www.cobalt27.com), holds what is believed to be the world’s largest private stockpile of physical cobalt at over 2,900 tonnes....

EXTENDICARE INC. $7.30 (Toronto symbol EXE; TSINetwork Rating: Extra Risk) (905-470-5534; www.extendicare.com; Shares o/s: 88.5 million; Market cap: $642.6 million; Dividend yield: 6.6%) owns 67 senior-care facilities in Canada. Together, they can house 8,950 residents on both a long- and short-term basis....

TRANSCONTINENTAL INC. $17 (Toronto symbol TCL.A; Aggressive Growth Portfolio, Consumer sector; Shares o/s: 87.3 million; Market cap: $1.5 billion; Price-to-sales ratio: 0.5; Dividend yield: 5.2%; TSINetwork Rating: Average; www.tctranscontinental.com) completed its $1.7 billion acquisition of Chicago-based Coveris Americas in May 2018....

CAE expects global air travel volumes to rise 3.6% each year for the next decade. That’s good news for the company, which is the leading supplier of flight simulators and pilot-training services to the airline industry. In fact, CAE has roughly 70% of the global civilian simulator market.


The company also continues to expand its military training operations....

Keyera Corp’s latest quarterly revenue is up 51.9%, and although its focus on one region and one commodity adds risk, a high 6.5% dividend yield boosts its appeal.