What is Pat’s commentary for the week of September 28, 2021

The COVID-19 pandemic and the resulting government-imposed lockdowns hurt Canada’s bricks-and-mortar retailers, except those deemed “essential” like supermarkets and drug stores. Although most regions have since eased their COVID restrictions, customer traffic and sales remain below pre-pandemic levels. However, our long-time favourite, Canadian Tire, is… 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 during and after COVID-19
One of the key points in our three-part investment advice is to invest mainly in well-established dividend-paying stocks. The COVID-19 pandemic and the downturn it spurred in March 2020 highlight… Read More

Dividend Advisor Hotline – Friday, August 20, 2021

BROADRIDGE FINANCIAL SOLUTIONS INC., $174.54, New York symbol BR, is a buy.

The company serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.

With the October 2021 payment, Broadridge will raise your quarterly dividend by 11.3%. Investors will then receive $0.64… Read More

Online sales have offset their store closures

Two of Canada’s oldest retailers—Canadian Tire and Leon’s—continue to thrive even though many of their stores remain closed due to COVID-19 lockdowns. Their success reflects their strong online sales, which will likely remain strong even after bricks-and-mortar stores re-open.
CANADIAN TIRE CORP. (class A) is a.. Read More

Loyal customers fuel this dividend

Canadian Tire’s shares have more than doubled from their March 2020 lows, despite the negative impact of ongoing COVID-19 restrictions in Ontario, Quebec and other major markets. That impressive growth is due to the company’s earlier plan to expand its online operations, along with its… Read More