acquisition

BCE INC. $59.67 (Toronto symbol BCE; Shares outstanding: 870.9 million; Market cap: $53.6 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%; www.bce.ca) is Canada’s largest telephone service provider, with 6.5 million customers in Ontario, Quebec and the Atlantic provinces....

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $36.93 (Toronto symbol AP.UN; Units outstanding: 84.7 million; Market cap: $3.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.1%; www. alliedreit.com) owns 155 office buildings, mainly in major Canadian cities....

These two alcoholic-beverage makers continue to cut costs and adapt to increasingly health-conscious consumers, who drink less. That improved efficiency enhances the long-term prospects for each, but we prefer Molson Coors for new buying.


DIAGEO PLC ADRs $117 (New York symbol DEO; Conservative Growth Portfolio, Consumer sector; ADRs outstanding: 629.2 million; Market cap: $73.6 billion; Priceto-sales ratio: 5.2; Dividend yield: 2.7%; TSINetwork Rating: Above Average; www.diageo.com) is the world’s largest premium alcoholic-beverage company....

INTERNATIONAL FLAVORS & FRAGRANCES INC. $132 (www.iff.com) makes over 38,000 compounds that improve the taste of food and the smell of consumer products. In the fourth quarter of 2016, IFF’s sales rose 6.6%, to $762.6 million from $715.6 million a year earlier....

Pat McKeough recently replied to a member of his Inner Circle asking for an opinion on the niche lumber specialist. The company’ s seen earnings and sales slip on weak demand, but the it also faces another significant risk, says Pat....

A: Altius Minerals Corp., $12.39, symbol ALS on Toronto, (Shares outstanding: 43.3 million; Market cap: $541.7 million; www.altiusminerals.com), owns a portfolio of royalty interests in 15 operating mines in Canada and one in Brazil....

LIQUOR STORES N.A. LTD. $9.09 (Toronto symbol LIQ; Shares outstanding: 27.7 million; Market cap: $251.8 million; Dividend yield: 4.0%; www.liquorstoresna.ca) is North America’s largest publicly traded liquor store operator, with 252 outlets. Of that total, 213 are in Canada—178 in Alberta, and 34 in B.C....

DOREL INDUSTRIES INC. $30 (Toronto symbol DII.B; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 32.3 million; Market cap: $969.0 million; Dividend yield: 5.3%; Dividend Sustainability Rating: Above Average; www.dorel.com) makes a range of items: readyto-assemble home and office furniture; juvenile products such as car seats, strollers, high chairs, toddler beds and cribs; and bicycles and other sporting goods.


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

BROADRIDGE FINANCIAL $68.36 (New York symbol BR; TSINetwork Rating: Average) (201-714-3000; www. broadridge.com; Shares outstanding: 118.3 million; Market cap: $8.0 billion; Dividend yield: 1.9%) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.


The company has now announced another acquisition....

Recently, TSI Dividend Advisor reported on TransCanada’s completed acquisition of U.S.-based Columbia Pipeline Group. Combined with other projects underway, Columbia’s operations have spurred the company’s revenue and earnings, and should give TransCanada more cash for dividends....