canadian

ISHARES CANADIAN SELECT DIVIDEND INDEX ETF $31.65 (Toronto symbol XDV) lets you hold 30 of the highest-yielding Canadian stocks. The ETF also considers dividend growth and payout ratios to make its selections.


The weight of any one stock holding is limited to 10% of the fund’s assets....
We still recommend that most Canadians hold the bulk of their portfolios in dividend-paying Canadian stocks, or ETFs that hold those stocks. (And that includes our #1 ETF pick for 2022, see column at right.)


Meanwhile, though, investors could also hold stocks or ETFs in other market segments to add growth and diversification to their portfolios....
Holding the shares of companies providing Consumer staples is a great way for investors to balance the risk of their more-cyclical resources and manufacturing holdings. That’s because sales of food and beverages tend to remain steady no matter what the economy is doing.


We have a high opinion of the following: four leaders in the Canadian consumer staples segment....
The Successful Investor is highlighting three stocks as your top picks for new buying in 2022. One is from the newsletter’s Conservative portfolio, the second from its Aggressive portfolio and the third from its Income portfolio.


All three stocks performed well in 2020 and 2021 despite COVID-19 disruptions....
A: We generally feel that most investors should hold the bulk of their investment portfolios in conservative securities from well-established companies. This means holding a total of 15 to 25 well-established, dividend-paying stocks, chosen mainly from our “Average” or higher ratings, and spreading your holdings out across most if not all of the five main economic sectors.

However, some investors choose to add more aggressive or speculative stocks to their holdings in their pursuit of bigger, faster gains....
CP Rail has been one of our favourite stocks over the past two decades. In fact, we made it the #1 Conservative Buy for our flagship newsletter The Successful Investor in 2019, 2020 and 2021. Our confidence has been rewarded: In the past three years, the stock has gained an impressive 88.9% compared to just 41.7% for the S&P/TSX Composite Index.

We feel CP’s merger with U.S.-based railway Kansas City Southern will push the stock even higher over the next few years.

While big takeovers like this always entail risk, the purchase will greatly extend CP’s reach in the U.S....
BANK OF MONTREAL, $143.11, Toronto symbol BMO, remains a buy.

Canada’s banking regulator—the Office of the Superintendent of Financial Institutions (OFSI)—recently lifted the restrictions on capital distributions it placed on banks and insurers in March 2020 due to COVID-19 uncertainty.

As a result, Bank of Montreal is raising your dividend by 25.5%....
CANADIAN PACIFIC RAILWAY $93.19, is still a buy. The company (Toronto symbol CP; shares outstanding: 929.7 million; Market cap: $87.2 billion; Rating: Above Average; Dividend yield: 0.8%) has now completed the first stage of its $31 billion acquisition of U.S.-based Kansas City Southern.


CP has deposited its KCS shares into an independent voting trust while the U.S....
The major Canadian and U.S. stock markets have moved back up since their initial COVID-19 drop. Nonetheless, we think that if you can afford to stay in the market for several years or longer, now is still a good time for new buying. We see ETFs as one way for you to profit from the continuing rise, while at the same time cutting your risk.


The best of these funds offer a diversified group of stocks and charge you low management fees....
IMPERIAL OIL LTD., $46.58, is a buy. The company (Toronto symbol IMO; Shares o/s: 695.6 million; Market cap: $32.8 billion; TSINetwork Rating: Average; Dividend yield: 2.3%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company after Canadian Natural Resources (No....