Q: Pat: Aimia’s earnings came out recently and the stock briefly plunged. What I can’t understand is how to interpret the earnings. The headline is that Aimia lost $57.2 million. But the adjusted earnings show a substantial profit, and cash flow is great, too. Cheers.

A: Aimia Inc., $9.26, symbol AIM on Toronto (Shares outstanding: 152.3 million; Market cap: $1.4 billion; www.aimia.com), is a recommendation of our Stock Pickers Digest newsletter.
The company owns and operates Aeroplan, Canada’s largest loyalty program. The plan has over 5 million members who collect Aeroplan… Read More

TD is a dividend leader

Like most Canadian banks, TD has consistently raised its dividend over the last 20 years. The bank’s continued success at finding new areas for revenue growth should sustain those increases.

TORONTO-DOMINION BANK $60 (Toronto symbol TD; Income Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 1.9… Read More

TD is a dividend leader

Like most Canadian banks, TD has consistently raised its dividend over the last 20 years. The bank’s continued success at finding new areas for revenue growth should sustain those increases.

TORONTO-DOMINION BANK $60 (Toronto symbol TD; Income Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 1.9… Read More

Buy Aimia, hold on to Reitmans

REITMANS (CANADA) LTD. $6.52 (Toronto symbol RET.A; TSINetwork Rating: Extra Risk) (514-384- 1140; www.reitmans.com; Shares outstanding: 64.6 million; Market cap: $412.6 million; Dividend yield: 3.1%) owns 719 women’s clothing stores across Canada.
Those outlets are divided among several brands: Reitmans (307 stores), Penningtons (130), Addition Elle… Read More

Nordstrom thrives with Aimia

AIMIA INC. $8.41 (Toronto symbol AIM; TSINetwork Rating: Extra Risk) (514-897-6800; www.aimia.com; Shares outstanding: 152.3 million; Market cap: $1.3 billion; Dividend yield: 9.5%) owns and operates Canada’s largest loyalty program, Aeroplan.

Apart from that main business, Aimia offers services to help companies set up their… Read More

AIMIA INC. $8.44

AIMIA INC. $8.44 (Toronto symbol AIM; TSINetwork Rating: Extra Risk) (514-897-6800; www.aimia.com; Shares outstanding: 152.3 million; Market cap: $1.3 billion; Dividend yield: 9.5%) owns and operates Aeroplan, Canada’s largest loyalty program.

In the U.K., Aimia owns Nectar, that country’s biggest loyalty program. It also has… Read More