Get a 4.3% yield from Canadian Tire Corp.

Get a 4.3% yield from Canadian Tire Corp.

Improved sales of automotive parts and services as well as household and sporting goods led to a 12.4% revenue jump for this company during the most-recent quarter.

Higher loan-loss provisions and operating costs hurt earnings but the company plans to close unprofitable stores and cut expenses.

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 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 current downturn it has indirectly spurred highlight… Read More

We see one of these new ETFs as a buy

This month we highlight both a copper exchange traded fund from Horizons and a high-income ETF from Harvest Portfolio Group.
HORIZONS COPPER PRODUCERS INDEX ETF $20.20 (Toronto symbol COPP) aims to track the Solactive North American Listed Copper Producers Index. This index invests in copper mining firms that are… Read More

Earnings jumped 16.1% at Canadian Tire Corp.

Earnings jumped 16.1% at Canadian Tire Corp.

Improved in-store sales offset reduced online sales and led to a 15.5% revenue increase for this company during the most-recent quarter.

An ongoing efficiency improvement plan and new sales initiatives should help to boost the bottom line and solid dividend.

The stock trades at just 8.6 times… Read More

Canadian Tire takes on Lululemon

CANADIAN TIRE CORP. (class A) is a buy. The retailer (Toronto symbols CTC $320 and CTC.A $164; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 60.8 million; Market cap: $10.3 billion; Price-to-sales ratio: 0.6; Dividend yield: 4.0%; TSINetwork Rating: Above Average; www.canadiantire.ca) plans to launch over 12,000 new private-label… Read More