acquisition

These two U.S.-based tech leaders continue to shift to new fields as demand for their legacy products decline. Those moves are starting to pay off in the form of higher earnings and stock prices. Their success will also give them more cash to keep raising their dividends.


MICROSOFT CORP....
BROOKFIELD RENEWABLE PARTNERS L.P. $40 (Toronto symbol BEP.UN; High-Growth Dividend Payer Portfolio, Utilities sector; Units outstanding: 310.1 million; Market cap: $12.4 billion; Dividend yield: 6.5%; Dividend Sustainability Rating: Above Average; www.bep.brookfield.com) has interests in 217 hydroelectric generating stations, 537 solar facilities, 77 wind farms, four biomass facilities and three natural gas-fired power plants.


The company raised its quarterly distribution by 5.0%, with the March 2018 payment....
A: K92 Mining, $0.88, symbol KNT on the Toronto Venture Exchange (Shares outstanding: 176.2 million; Market cap: $155.1 million; www.k92mining.com), is focused on its Kainantu gold mine located in the Eastern Highlands province of Papua New Guinea....
A: Recipe Unlimited Corp., $27.24, symbol RECP on Toronto, (Shares outstanding: 62.4 million; Market cap: $1.7 billion; www.cara.com) changed its name from Cara Operations (symbol CAO) in May 2018. Like Canadian Tire, it has a long history in Canada....
In the past few years, Canadian Tire has acquired several retail chains, including the Forzani Group (sporting goods) and Mark’s (casual clothing). Those new businesses have helped it compete with bigger U.S.-based retailers such as Walmart and Costco.

Canadian Tire’s latest acquisition—clothing maker Helly Hansen—seemed to catch investors by surprise and the stock fell 7%....
FORTIVE CORP. $78 (New York symbol FTV; Manufacturing sector; Shares outstanding: 348.6 million; Market cap: $27.2 billion; Dividend yield: 0.4%; Takeover Target Rating: Medium; www.fortive.com) took its current form in July 2016 when Danaher Corp....

The U.S. Supreme Court recently lifted limits on the U.S. sports betting market.


Since 1992, a federal ban has effectively restricted legal sports betting to Nevada. The Professional and Amateur Sports Protection Act (PASPA) outlawed betting on football, basketball, baseball and other sports across the country....

TENNECO INC. $46 (New York symbol TEN; Manufacturing & Industry sector; Shares outstanding: 51.4 million; Market cap: $2.4 billion; Dividend yield: 2.2%; Takeover Target Rating: Medium; www.tenneco.com) is a leading maker of auto parts....
Varian Medical Systems started up in 1948 as Varian Associates. Later, in 1965, it acquired Eimac Products and changed the name of that vacuum-tube maker to Varex Imaging. Today Varex is a leading maker of X-ray equipment for medical and industrial users.


In fact, on January 20, 2017, Varian set Varex up as a separate company....