acquisition

DOREL INDUSTRIES INC. $17 (Toronto symbol DII.B; High-Growth Payer Portfolio; Consumer sector; Shares outstanding: 32.4 million; Market cap: $550.8 million; Dividend yield: 9.4%; Dividend Sustainability Rating: Above Average; www.dorel.com) makes ready-to-assemble home and office furniture; juvenile products such as car seats, strollers, high chairs, beds and cribs; and bicycles and other sporting goods.


The company last raised its dividend in 2012 when it doubled that quarterly payment to $0.30 U.S....

INTERNATIONAL BUSINESS MACHINES CORP. $133 (New York symbol IBM; Conservative Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 908.8 million; Market cap: $120.9 billion; Dividend yield: 4.7%; Dividend Sustainability Rating: Above Average; www.ibm.com) is one of the world’s largest computer companies, with operations in over 175 countries.


Starting with the June 2018 payment, IBM raised its quarterly dividend by 4.7%, to $1.57 a share from $1.50....
We’ve selected CIBC, Cisco Systems and Choice Properties REIT as our top dividend picks for 2019. All three stocks offer high yields, and will likely increase their dividends this year. What’s more, each trades at an attractive multiple to its projected earnings or cash flow.


CANADIAN IMPERIAL BANK OF COMMERCE $110 (Toronto symbol CM; Income-Growth Portfolio, Finance sector; Shares outstanding: 442.9 million; Market cap: $48.7 billion; Dividend yield: 4.9%; Dividend Sustainability Rating: Highest; www.cibc.com) is the smallest of Canada’s big five banks, with assets of $597.1 billion.


It last raised its quarterly dividend with the October 2018 payment....
A: BTB REIT, $4.58, symbol BTB.UN on Toronto (Units outstanding: 55.3 million; Market cap: $253.3 million; www.btbreit.com), owns 65 retail, office and industrial properties in Quebec and eastern Ontario. Together, they comprise over 5.2 million square feet of leasable area....
Open Text’s sound balance sheet has helped fund a health-care software acquisition and should add to earnings that were already up 26.7% in the latest quarter.

CHIPOTLE MEXICAN GRILL $514.82 (New York symbol CMG; TSINetwork Rating: Extra Risk) (303-595-4000; www.chipotle.com; Shares outstanding: 27.8 million; Market cap: $14.3 billion; No dividends paid) has introduced a collection of “lifestyle bowls,” available exclusively through its mobile app and website....
LEON’S FURNITURE LTD. $15.04 (Toronto symbol LNF; TSINetwork Rating: Average) (416-243-7880; www.leons.ca; Shares outstanding: 76.4 million; Market cap: $1.2 billion; Dividend yield: 3.7%) has steadily increased the number of stores under its Leon’s banner from 27 in 2003 to today’s 86.


In March 2013, the company nearly quadrupled in size with its $700 million purchase of The Brick, its main rival....
We have lots of attractive long-term buys among the stocks we cover, and overall we’re positive about the long-term outlook for stocks, in general. We feel just as strongly about the need to diversify.


That’s why we’ve chosen three top picks for 2019 from our Stock Pickers Digest recommendations....
RESMED INC. $117 (New York symbol RMD; Manufacturing & Industry sector; Shares outstanding: 142.7 million; Market cap: $16.7 billion; Dividend yield: 1.3%; Takeover Target Rating: Medium; www.resmed.com) designs, manufactures and distributes CPAP (nasal continuous positive airway pressure) medical devices....