Q: Pat, could I get your recommendation on the BMO Canadian High Dividend Covered Call ETF (TSX: ZWC)? Thanks.

A: BMO Canadian High Dividend Covered Call ETF, $18.36, symbol ZWC on Toronto (Units outstanding: 21.1 million; Market cap: $387.4 million; www.bmo.com/gam/ca/investor/products/etfs), focuses on mostly high-quality Canadian stocks. Its top holdings are BCE at 4.2%; Pembina Pipeline, 4.0%; CIBC, 3.8%; Enbridge, 3.7%; Nutrien, 3.6%; Telus… Read More

Savvy acquisitions set to spur their dividends

BANK OF NOVA SCOTIA $69 (Toronto symbol BNS; Income-Growth Portfolio, Finance sector; Shares outstanding: 1.2 billion; Market cap: $82.8 billion; Dividend yield: 4.9%; Dividend Sustainability Rating: Above Average; www.scotiabank.com) is the third-largest of Canada’s five big banks with assets of $946.7 billion.
Bank of Nova Scotia last raised its… Read More

Updating BCE Inc., Bank of Montreal and Emera Inc.

BCE INC. $51 (Toronto symbol BCE; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 898.0 million; Market cap: $45.8 billion; Price-to-sales ratio: 2.0; Dividend yield: 5.8%; TSINetwork Rating: Above Average; www.bce.ca) stands to gain from the new trade agreement between the U.S., Mexico and Canada (called… Read More

Canadian ETF growth maintains its pace

Canadian ETF assets are still growing. At the end of August 2018, there were 621 ETFs in Canada, with assets under management of $163.7 billion. Total assets were 22% higher than a year earlier. They were almost double the total asset value recorded at the… Read More