canadian
A: Danavation Technologies, $0.36, symbol DVN on the Canadian Securities Exchange (CSE) (Shares outstanding: 102.2 million; Market cap: $36.8 million; www.danavation.com), is a Canadian-based Internet of Things (IoT) technology company....
A: Evolve Global Healthcare Enhanced Yield Fund, $22.85, symbol LIFE on Toronto (Units outstanding: 5.3 million; Market cap: $121.1 million; www.evolveetfs.com), aims to track the Solactive Global Healthcare 20 Index Canadian Dollar Hedged Index.
LIFE invests primarily in the stock holdings of that index....
LIFE invests primarily in the stock holdings of that index....
RioCan shocked investors in late 2020 when it cut its distribution after promising to maintain the rate. COVID-19 lockdowns, particularly in Ontario, hurt the REIT’s cash flow and led to its decision to cut the payment.
While disappointing, the move was prudent as the new annual distribution rate of $0.96 a unit (which still gives you a solid 4.3% yield) is a much more sustainable payout.
Meantime, RioCan’s strategy to focus on six major cities—Toronto, Ottawa, Montreal, Edmonton, Calgary and Vancouver—positions it for long-term growth as the pandemic eases and immigration levels rebound....
While disappointing, the move was prudent as the new annual distribution rate of $0.96 a unit (which still gives you a solid 4.3% yield) is a much more sustainable payout.
Meantime, RioCan’s strategy to focus on six major cities—Toronto, Ottawa, Montreal, Edmonton, Calgary and Vancouver—positions it for long-term growth as the pandemic eases and immigration levels rebound....
Loblaw operates in one of Canada’s most competitive industries—one undergoing disruption by both technology and new entrants to the industry. The COVID-19 pandemic has only accelerated the pace of that disruption.
However, the company has invested heavily over the last few years in a number of key initiatives—from modernizing its inventory systems and supply chains, to expanding its e-commerce capabilities, loyalty programs, and telemedicine services.
These investments paid off in a big way last year during the pandemic....
However, the company has invested heavily over the last few years in a number of key initiatives—from modernizing its inventory systems and supply chains, to expanding its e-commerce capabilities, loyalty programs, and telemedicine services.
These investments paid off in a big way last year during the pandemic....
RUSSEL METALS $34 is a buy. The company (Toronto symbol RUS; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 62.3 million; Market cap: $2.1 billion; Dividend yield: 4.5%; Dividend Sustainability Rating: Above Average; www.russelmetals.com) has paid regular quarterly dividends of $0.38 a share since the third quarter of 2014; the annual rate of $1.52 yields a high 4.5%.
Russel and Japan’s Marubeni-Itochu Tubulars America have now agreed to combine their respective Canadian OCTG/line pipe businesses....
Russel and Japan’s Marubeni-Itochu Tubulars America have now agreed to combine their respective Canadian OCTG/line pipe businesses....
These two leading U.S. foodmakers continue to adjust their product portfolios as consumers shift to healthier products. However, relying on acquisitions to expand adds to their risk.
KRAFT HEINZ CO. $40 is a hold. The firm (Nasdaq symbol KHC, Conservative-Growth Dividend Payer Portfolio; Consumer sector; Shares outstanding: 1.2 billion; Market cap: $48.0 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Average; www.kraftheinzcompany.com) is a leading maker of processed foods....
KRAFT HEINZ CO. $40 is a hold. The firm (Nasdaq symbol KHC, Conservative-Growth Dividend Payer Portfolio; Consumer sector; Shares outstanding: 1.2 billion; Market cap: $48.0 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Average; www.kraftheinzcompany.com) is a leading maker of processed foods....
These two Canadian retailers continue to rebound strongly from COVID-19. That’s largely because they are leaders in their niche markets. We like that they’re sharing their success with investors through dividend hikes.
NORTH WEST COMPANY $35 is a buy. The company (Toronto symbol NWC; High-Growth Payer Portfolio, Consumer sector; Shares o/s: 48.5 million; Market cap: $1.7 billion; Divd....
NORTH WEST COMPANY $35 is a buy. The company (Toronto symbol NWC; High-Growth Payer Portfolio, Consumer sector; Shares o/s: 48.5 million; Market cap: $1.7 billion; Divd....
MANULIFE FINANCIAL CORP. $24 is a buy. The insurer (Toronto symbol MFC; Conservative-Growth Payer Portfolio; Finance sector; Shares outstanding: 1.9 billion; Market cap: $45.6 billion; Dividend yield: 4.7%; Dividend Sustainability Rating: Above Average; www.manulife.ca) last raised its quarterly dividend by 12.0% with the March 2020 payment....
CANOE EIT INCOME FUND $11.92 (Toronto symbol EIT.UN; Units o/s: 124.7 million; Market cap: $1.5 billion; Divd. yield: 10.1%; www.canoefinancial.com) is a closed-end fund that invests in a portfolio of dividend paying stocks. Canadian stocks account for 59.3% of its holdings, followed by the U.S....
Stock markets, especially in the developed world, continued their rise in May. Commodity-producing nations, including Canada, lead the way. Notably, ETFs holding gold and oil producers were some of the big winners for the month.
On the other hand, decliners in the month included a number of high-flying tech, Internet, and biotech ETFs....
On the other hand, decliners in the month included a number of high-flying tech, Internet, and biotech ETFs....