CAE Inc.
SNAP-ON INC., $162, is still a high-quality hold for your portfolio.
The company (New York symbol SNA; Conservative-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 54.9 million; Market cap: $8.9 billion; Dividend yield: 2.7%; Dividend Sustainability Rating: Above Average; www.snapon.com) makes tools for auto mechanics and sells them through a fleet of franchised vans that visit garages....
The company (New York symbol SNA; Conservative-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 54.9 million; Market cap: $8.9 billion; Dividend yield: 2.7%; Dividend Sustainability Rating: Above Average; www.snapon.com) makes tools for auto mechanics and sells them through a fleet of franchised vans that visit garages....
Canadian Tire faces the same kind of competition from online sellers that other brick-and-mortar retailers do. Still, its investors continue to thrive. That’s partly because the company has diversified beyond its main stores. In fact, thanks to extra earnings from those new operations, it has just announced its 16th dividend hike for investors since 2004.
CANADIAN TIRE CORP....
CANADIAN TIRE CORP....
INTACT FINANCIAL CORP., $138, is a buy. The stock (Toronto symbol IFC; High-Growth Dividend Payer Portfolio, Finance sector; Shares o/s: 139.2 million; Market cap: $19.2 billion; Dividend yield: 2.2%; Dividend Sustainability Rating: Above Average; www.intactfc.com) gives you exposure to Canada’s largest provider of property and casualty insurance.
In March 2019, Intact raised your quarterly dividend by 8.6%, to $0.76 a share from $0.70....
In March 2019, Intact raised your quarterly dividend by 8.6%, to $0.76 a share from $0.70....
T. ROWE PRICE GROUP INC., $124, is a buy for the Financial sector portion of your portfolio. The company (Nasdaq symbol TROW; High-Growth Dividend Payer Portfolio, Finance sector; Shares o/s: 236.5 million; Market cap: $29.3 billion; Divd yield: 2.5%; Dividend Sustainability Rating: Highest; www.troweprice.com) is a leading seller of mutual funds and wealth management services.
With the March 2019 payment, the company raised your quarterly dividend by 8.6%, to $0.76 a share from $0.70....
With the March 2019 payment, the company raised your quarterly dividend by 8.6%, to $0.76 a share from $0.70....
LEON’S FURNITURE LTD., $16, is a buy. The retailer (Toronto symbol LNF; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 77.6 million; Market cap: $1.2 billion; Dividend yield: 3.5%; Dividend Sustainability Rating: Above Average; www.leons.ca) last raised its quarterly payment for investors by 16.7% in October 2018, to $0.14 a share from $0.12....
Many of you avoid smaller firms such as these three (including Leon’s—see box) due to their higher risk and lower liquidity. However, each of the three small caps on this page is a leader in its niche market. That helps protect your dividends.
CALIAN GROUP LTD....
CALIAN GROUP LTD....
Newell and General Mills have adopted new strategies in light of weaker demand for their main products. We believe that will ultimately lift earnings and protect your current dividend income. Restructuring has already handed investors in one of those companies a 20% gain this year....
Canada’s top insurance firms remain great choices for investors seeking reliable dividends. They’re also a great way for you to tap into fast-growing Asian demand for insurance and wealth management services.
SUN LIFE FINANCIAL INC. $61 is also a buy. The stock (Toronto symbol SLF; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 587.6 million; Market cap: $35.8 billion; Dividend yield: 3.6%; Dividend Sustainability Rating: Above Average; www.sunlife.ca) lets investors tap Canada’s third-largest life insurance company by market cap, behind Manulife Financial (No....
SUN LIFE FINANCIAL INC. $61 is also a buy. The stock (Toronto symbol SLF; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 587.6 million; Market cap: $35.8 billion; Dividend yield: 3.6%; Dividend Sustainability Rating: Above Average; www.sunlife.ca) lets investors tap Canada’s third-largest life insurance company by market cap, behind Manulife Financial (No....
NORTONLIFELOCK INC., $25, is a buy for investors. The company (Nasdaq symbol NLOK; High-Growth Divd. Payer Portfolio, Consumer sector; Shares o/s: 623.3 million; Market cap: $15.6 billion; Divd. yield: 2.0%; Divd. Sustainability Rating: Average; www.nortonlifelock.com) has now changed its name from Symantec (old symbol SYMC) following the sale of its Enterprise Security business to Broadcom for $10.7 billion....
High dividend yields can be a red flag for investors. Those impressive values often indicate that the current payment may be in danger. However, our exclusive Dividend Sustainability Rating helps investors avoid unpleasant surprises. Here are two high-yielding stocks that we still have immense confidence in....