acquisition
EDGEWELL PERSONAL CARE $74 (New York symbol EPC; Consumer sector; Shares outstanding: 57.4 million; Market cap: $4.2 billion; Takeover Target Rating: Highest; No dividends paid; TSINetwork Rating: Average; www. edgewell.com) began trading in July 2015 after Energizer Holdings, Inc....
Lamb Weston is the latest in a long line of spinoff successes that have produced strong gains for their investors and their parent companies. Since Conagra spun off this leading frozen-potato operation in 2016, the stock has jumped over 50%. Shares in its parent company have also risen.
We feel both companies have more growth ahead....
We feel both companies have more growth ahead....
ALGONQUIN POWER & UTILITIES $13.43 (Toronto symbol AQN; Shares outstanding: 273.3 million; Market cap: $5.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.4%; www.algonquinpower.com) completed its biggest acquisition to date in January 2017—the $3.4 billion purchase of Missouri-based Empire District Electric.
In the quarter ended June 30, 2017, Empire pushed up Algonquin’s revenue by 103.5%, to $453.2 million from $222.8 million a year earlier....
In the quarter ended June 30, 2017, Empire pushed up Algonquin’s revenue by 103.5%, to $453.2 million from $222.8 million a year earlier....
INTACT FINANCIAL CORP. $101 (Toronto symbol IFC; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 131.0 million; Market cap: $13.2 billion; Dividend yield: 2.5%; Dividend Sustainability Rating: Above Average; www.intactfc.com) began operating in 1809....
ENBRIDGE INC. $51 (Toronto symbol ENB; Income- Growth Dividend Payer Portfolio, Utilities sector; Shares o/s 1.6 billion; Market cap: $81.6 billion; Divd. yield: 4.8%; Dividend Sustainability Rating: Highest; www.enbridge. com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S....
Calian and Chemtrade operate in cyclical industries, which adds risk. What’s more, they have relied on acquisitions to expand. However, their new businesses should continue to spur their growth—and their dividends.
CALIAN GROUP LTD. $28 (Toronto symbol CGY; High-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; s/o: 7.5 million; Market cap: $210.0 million; Dividend yield: 4.0%; Dividend Sustainability Rating: Above Average; www.calian.com) has two main divisions: Business and Technology Services (which supplies 75% of the company’s revenue) provides engineers, health care workers and other skilled professionals on a contract basis; and Systems Engineering (25% of revenue) sells hardware and software for testing, operating and managing satellite and other communication systems.
Calian pays a quarterly dividend of $0.28 for a high 4.0% yield....
CALIAN GROUP LTD. $28 (Toronto symbol CGY; High-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; s/o: 7.5 million; Market cap: $210.0 million; Dividend yield: 4.0%; Dividend Sustainability Rating: Above Average; www.calian.com) has two main divisions: Business and Technology Services (which supplies 75% of the company’s revenue) provides engineers, health care workers and other skilled professionals on a contract basis; and Systems Engineering (25% of revenue) sells hardware and software for testing, operating and managing satellite and other communication systems.
Calian pays a quarterly dividend of $0.28 for a high 4.0% yield....
BROOKFIELD RENEWABLE PARTNERS L.P. $44 (Toronto symbol BEP.UN; High-Growth Dividend Payer Portfolio, Utilities sector; Units outstanding: 296.7 million; Market cap: $13.1 billion; Dividend yield: 5.3%; Dividend Sustainability Rating: Above Average; www.brookfieldrenewable....
United Technologies has a long history of successful acquisitions. They include its 2012 purchase of Goodrich. That aircraft-equipment maker has helped the company increase its manufacturing contracts.
UTX stock moved down recently in response to media reports the company now aims to buy Rockwell Collins Inc....
UTX stock moved down recently in response to media reports the company now aims to buy Rockwell Collins Inc....