canadian
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....
MCDONALD’S CORP. $243 is a buy. The fast-food giant (New York symbol MCD; Income-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 746.8 million; Market cap: $181.5 billion; Dividend yield: 2.1%; Dividend Sustainability Rating: Highest; www.mcdonalds.com) now has 39,396 restaurants in about 120 countries....
Canada’s top telecoms recently bought new wireless spectrum (wireless frequencies) under Ottawa’s latest auction. These investments will help them expand the rollout of 5G service to more areas. The faster speeds will also attract new customers, and let these companies keep raising their dividends.
BCE INC....
BCE INC....
Due to the onset of the COVID-19 pandemic in March 2020, Canada’s banking regulator ordered lenders to suspend dividend increases and share buybacks. That let them conserve funds ahead of the anticipated jump in bad loans.
Now that pandemic is easing, CIBC is in a strong position to resume regular dividend increases....
Now that pandemic is easing, CIBC is in a strong position to resume regular dividend increases....
NEWMONT CORP. $55 remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 799.1 million; Market cap: $44.0 billion; Price-to-sales ratio: 3.5; Dividend yield: 2.2%; TSINetwork Rating: Average; www.newmont.com) now plans to move ahead with its Ahafo North gold project in Ghana.
The new mine should produce between 275,000 and 325,000 ounces of gold annually over its projected 13-year life....
The new mine should produce between 275,000 and 325,000 ounces of gold annually over its projected 13-year life....
DANAHER CORP. $325 is a buy. The company (New York symbol DHR; Manufacturing sector; Shares outstanding: 713.9 million; Market cap: $232.0 billion; Dividend yield: 0.3%; Takeover Target Rating: Medium; www.danaher.com) is a leading maker of precision-testing equipment and tools....
While activist investors have a spotty record of success, it’s still worth keeping an eye on them given their focus on finding hidden value. Here are two companies now being targeted by activists. That should benefit all investors. Still, we see just one of the picks as right for your new buying.
CANADIAN NATIONAL RAILWAY CO....
CANADIAN NATIONAL RAILWAY CO....
Both Calian and Extendicare have a major plus on their side during this time of COVID-19 uncertainty. Specifically, the two get most of their revenue from governments. For Calian, revenue generated from departments and agencies of the Canadian government currently represents about 69% of the total....
Exchange-traded funds are well suited to index-tracking investment strategies. And compared to mutual funds, they generally offer investors much lower fees and higher liquidity.
It is therefore not surprising that the total amount of assets held in index ETFs globally are rapidly catching up with index-tracking mutual funds....