Dividend Advisor Hotline – Friday, August 2, 2019

SNC-LAVALIN GROUP INC., $17.81, Toronto symbol SNC, is a leading Canadian engineering and construction company that specializes in large-scale infrastructure projects such as roads, bridges, transit systems and water-treatment plants.

To conserve cash for debt repayments, SNC is cutting its quarterly dividend by 80.0%. Starting with… Read More

Pipeline shortages boost CN

CANADIAN NATIONAL RAILWAY CO. $125 (Toronto symbol CNR; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 721.4 million; Market cap: $90.2 billion; Price-to-sales ratio: 6.1; Dividend yield: 1.7%; TSINetwork Rating: Above Average; www.cn.ca) operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country, and passes… Read More

High rail demand set to spur earnings jump

High rail demand set to spur earnings jump

This company’s broad geographic presence in North America, including the Atlantic, Pacific and Gulf of Mexico coasts, gives it a competitive advantage. Earnings have risen 31.1% since 2014 as the company focuses on efficiency at the same time it invests in new locomotives and tracks.

The… 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

Dividend increase: CN Rail

CANADIAN NATIONAL RAILWAY CO. $113 (Toronto symbol CNR; Conservative Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 726.0 million; Market cap: $82.0 billion; Dividend yield: 1.9%; Dividend Sustainability Rating: Highest; www.cn.ca) operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country, and reaches the U.S. Midwest… Read More