Q: Hello Pat: I’ve been following your advice since the mid-nineties. Throughout the good and the bad, my portfolio has held up very well. I would like your opinion on the following stocks: Oceaneering International, Inc. (OII) NYSE, Brighthouse Financial, Inc. (BHF) Nasdaq, Ship Finance International Limited (SFL) NYSE, and ADRs of ING Group, NYSE. Thanks again!

A: Oceaneering International, $15.15, symbol OII on New York (Shares outstanding: 98.5 million; Market cap: $1.5 billion; www.oceaneering.com), is a deep-water oilfield services company. Its ROV segment builds and operates remotely operated vehicles (ROVs); Subsea Products builds custom subsea hardware; and Subsea Projects has vessels… Read More

5 top Canadian dividend stocks to invest in

5 top Canadian dividend stocks to invest in

Here are 5 Canadian dividend stocks we recommend holding in your portfolio
One of the key points in our three-part investment advice is to invest mainly in well-established dividend-paying stocks. Successful investors pay a lot of attention to dividend yields from Canadian dividend stocks. Dividends can… Read More

Q: Hi, Pat. My question relates to the Horizons Active Preferred Share ETF. Compared to holding the preferred shares of individual companies, does an ETF like this provide any advantages? Is this the best one to buy if you want to buy such an ETF? Thanks!

A: Preferred shares behave more like long-term fixed-income instruments rather than short-term instruments. So while short-term interest rates are still relatively low, the outlook for long-term interest rates is less certain.

The underlying credit quality of preferred share issuers can be a negative factor in some… Read More

Good time to buy Canada’s big banks

The shares of Canada’s big five banks have moved down recently, mainly due to fears that a slowing economy and rising interest rates will cut demand for new loans. However, each of the five continue to lower their costs and expand outside of Canada. That… Read More

Dividend Advisor Hotline – Friday, January 4, 2019

PFIZER INC., $43.00, New York symbol PFE, is one of the world’s largest makers of prescription drugs. Its top-selling brands include Lyrica (epilepsy), Celebrex (arthritis pain), Prevnar (pneumonia) and Enbrel (rheumatoid arthritis).

Starting with the March 2019 payment, Pfizer will increase its quarterly dividend by 5.9%,… Read More

Five North American ETF buys and one sell

The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.
Of… Read More

Asset sales bolster BNS

BANK OF NOVA SCOTIA $68.27 (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $83.5 billion; TSINetwork Rating: Above Average; Dividend yield: 5.0%; www.scotiabank.com) is Canada’s third-largest bank with total assets of $998.5 billion.
The bank continues to shrink its operations in the Caribbean as part of its… Read More