atco
Here are TSI’s conglomerate dividend leaders, selected to deliver sustainable returns and growth as well as the potential for their holding company discounts to disappear.
ATCO LTD. (class I non-voting) is a buy. The company (Toronto symbols ACO.X [class I non-voting] $51 and ACO.Y [class II voting] $51; Income Portfolio, Utilities sector; Shares outstanding: 112.2 million; Market cap: $5.7 billion; Price-to sales ratio: 1.1; Dividend yield: 4.0%; TSINetwork Rating: Above Average; www.atco.com) gets most of its earnings from its 52.5% ownership of Canadian Utilities (Toronto symbol CU), which operates power and gas utilities in Alberta and Australia....
We’ve often said that growth by acquisition is riskier than growth from a company’s existing operations. That’s because the buyer of something rarely knows as much about it as the seller. That knowledge gap exposes the buyer to an above-average risk of unpleasant surprises.
Of course, some companies do a better job than others when acquiring assets....
Of course, some companies do a better job than others when acquiring assets....
RIOCAN REAL ESTATE INVESTMENT TRUST $17 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 292.7 million; Market cap: $5.0 billion; Price-to-sales ratio: 4.0; Distribution yield: 6.8%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 177 shopping centres and mixed-use properties.
The Hudson’s Bay Company (HBC) is now closing its 96 department stores....
Canadian Utilities and its parent company ATCO get most of their earnings from regulated power utilities in Canada. That gives them plenty of steady cash flows for dividends. They also have little exposure to U.S. tariffs.
CANADIAN UTILITIES LTD....
CANADIAN UTILITIES LTD....
PROCTER & GAMBLE CO., $166.91, New York symbol PG, is a buy.
The company is one of the world’s largest makers of household and personal-care goods. Major brands include Tide (laundry detergent), Pampers (diapers), Gillette (razors), Crest (toothpaste) and Vicks (cold remedies).
Procter will now raise your quarterly dividend by 5.0%....
The company is one of the world’s largest makers of household and personal-care goods. Major brands include Tide (laundry detergent), Pampers (diapers), Gillette (razors), Crest (toothpaste) and Vicks (cold remedies).
Procter will now raise your quarterly dividend by 5.0%....
A key rule of our three-part Successful Investor strategy is to spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; and Utilities).
This has two main benefits: a) It keeps you from investing too heavily in any industry or sector that is headed into a period of big losses; and b) By spreading your investments out more widely, it also improves your chances of latching onto a market superstar—a stock that will wind up producing two or five or 10 times more profit than average.
ISHARES S&P/TSX GLOBAL BASE METALS ETF $16.86 (Toronto symbol XBM; TSINetwork ETF Rating: Aggressive; Market cap: $230.9 million) tracks the S&P/TSX Global Base Metals Index....
This has two main benefits: a) It keeps you from investing too heavily in any industry or sector that is headed into a period of big losses; and b) By spreading your investments out more widely, it also improves your chances of latching onto a market superstar—a stock that will wind up producing two or five or 10 times more profit than average.
ISHARES S&P/TSX GLOBAL BASE METALS ETF $16.86 (Toronto symbol XBM; TSINetwork ETF Rating: Aggressive; Market cap: $230.9 million) tracks the S&P/TSX Global Base Metals Index....
CANADIAN PACIFIC KANSAS CITY LTD., $99.86, Toronto symbol CP, is still a buy for long-term gains.
The company took its current form in April 2023 when it acquired U.S.-based railway Kansas City Southern (KCS).
CP paid $31 billion U.S. in cash and shares for KCS....
The company took its current form in April 2023 when it acquired U.S.-based railway Kansas City Southern (KCS).
CP paid $31 billion U.S. in cash and shares for KCS....
Utility stocks like Fortis (see page 31) remain solid choices for investors looking to lower tariff-related risk.
Here are three more utilities that we feel are excellent choices for most portfolios. All of them are expanding their rate-regulated businesses, which will help them profit from increasing demand for electricity to power EVs and AI datacentres....
Here are three more utilities that we feel are excellent choices for most portfolios. All of them are expanding their rate-regulated businesses, which will help them profit from increasing demand for electricity to power EVs and AI datacentres....
CANADIAN UTILITIES LTD. $34 (www.canadianutilities.com) is a buy. The company distributes electricity and natural gas in Alberta and Australia. It also owns or invests in power plants in Canada, Mexico, Australia and Chile....