canadian

Finning International began paying dividends in 1970. At current prices, the stock is now in the middle of the wide range between $15 and $35 that it has stayed in for the past 10 years. While in that range, it doubled its dividend, although a sluggish economy and weak commodity prices held back its earnings....

Investing in mutual funds for beginners: Here are some of the best ways to do it—and also what to avoid

Top dividend stocks are a key part of a successful portfolio—but watch out that you don’t “reach for yield”

Canadian banks offer investors above-average dividend yields, low-to-moderate p/e’s; and above-average potential for long-term capital gains.

We think that overall, most investors should hold the bulk of their portfolios in high-quality U.S. and Canadian stocks—or ETFs that hold those shares. But if you’re looking to add growth to your portfolio, here are some niche ETFs we recommend for your new buying.

International Dividend-Paying Stocks

Our first ETF niche primarily appeals to investors in two ways: International dividend payers generally have p/e and other valuations that are cheaper than U.S....

This month we consider two new high-interest savings ETFs, which compete with money market funds. We also offer you a look at a hedge fund ETF from AGF.


In our August 2019 issue, we initially analyzed high rate savings ETFs from Purpose Investments....

SPDR S&P 500 ETF $328 (New York symbol SPY) lets you hold the stocks of the S&P 500 Index; they’re major U.S. companies chosen based on market cap, liquidity and industry.


The fund’s highest-weighted stocks offer a lot of appeal for investors: Apple, 4.7% of assets; Microsoft, 4.5%; Alphabet, 3.1%; Amazon.com, 3.0%; Facebook, 1.9%; Berkshire Hathaway, 1.7%; JPMorgan Chase, 1.6%; Johnson & Johnson, 1.4%; and Visa, 1.2%.


But the ETF also gives you a solid 1.7% yield, while charging you a very low 0.10% MER....

MAPLE LEAF FOODS INC. $25 is still a hold. The processed-meat producer (Toronto symbol MFI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 124.4 million; Market cap: $3.1 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.4%; TSINetwork Rating: Average; www.mapleleaffoods.com) continues to invest heavily in the fast-growing meat substitute market to add value for investors....

Despite persistently low oil and gas prices, you should continue to hold Resource stocks in your portfolio (as much as 15% of the total). To cut your risk, however, investors should stick with producers—like Cenovus and Encana—that have high-quality properties and low operating costs.


CENOVUS ENERGY INC....

Investors will benefit from Molson Coors’s plan to transform its business in the face of weaker demand for beer from baby boomers and millennials. Central to that strategy is a joint venture focused on producing cannabis-infused drinks. Despite Molson’s recent writedown of that cannabis investment, the new products are set to drive sales and let the company continue to raise your dividend.


MOLSON COORS CANADA INC....