canadian
ROYAL BANK OF CANADA, $170.98, Toronto symbol RY, is a buy.
The bank continues to benefit from its March 2024 purchase of the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC) for $15.5 billion.
HSBC operates 130 branches that mainly cater to businesses in industries that trade and bank internationally....
The bank continues to benefit from its March 2024 purchase of the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC) for $15.5 billion.
HSBC operates 130 branches that mainly cater to businesses in industries that trade and bank internationally....
Hudbay Minerals expanding copper and gold production has now positioned it as a leading player in the mining sector.
ENBRIDGE INC. $60 is a buy. The company (Toronto symbol ENB; Income-Growth Payer Portfolio, Utilities sector; Shares outstanding: 2.2 billion; Market cap: $132.0 billion; Dividend yield: 6.3%; Dividend Sustainability Rating: Highest; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada eastward as well as to the U.S....
Canadian Tire gets 15% of the goods it sells from the U.S., so it’s vulnerable to potential tariffs and counter tariffs. However, the company is confident it can replace most of those items from suppliers in Canada and other countries. Meanwhile, investors will continue to benefit from regular dividend hikes and share buybacks.
CANADIAN TIRE CORP....
CANADIAN TIRE CORP....
NORTH WEST COMPANY $48 is a buy. This retailer (Toronto symbol NWC; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 48.4 million; Market cap: $2.3 billion; Dividend yield: 3.3%; Dividend Sustainability Rating: Above Average; www.northwest.ca) sells food and everyday products and services at 227 stores, mainly in northern communities across Canada, as well as in Alaska, the South Pacific and the Caribbean.
With the October 2024 payment, North West raised your quarterly dividend by 2.6%....
With the October 2024 payment, North West raised your quarterly dividend by 2.6%....
Both of these financial firms are leaders in their niche markets, which helps cut their risk and lets them reward investors with regular dividend increases.
T. ROWE PRICE GROUP INC. $105 is a buy. The company (Nasdaq symbol TROW; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 222.6 million; Market cap: $23.4 billion; Dividend yield: 4.8%; Dividend Sustainability Rating: Above Average; www.troweprice.com) is a leading seller of mutual funds and wealth management services.
The company will raise your quarterly dividend by 2.4% with the March 2025 payment....
FINANCIAL 15 SPLIT CORP. $9.41 (Toronto symbol FTN; Shares o/s: 59.8 million; Market cap: $562.7 million; Dividend yield: 16.1%; www.quadravest.com) holds shares of 15 big Canadian and U.S. financial companies.
These include Bank of Nova Scotia, TD Bank, Manulife, Sun Life, National Bank, Bank of America, Citigroup, Goldman Sachs, JP Morgan and Wells Fargo.
Financial 15 yields a very high 16.1%....
These include Bank of Nova Scotia, TD Bank, Manulife, Sun Life, National Bank, Bank of America, Citigroup, Goldman Sachs, JP Morgan and Wells Fargo.
Financial 15 yields a very high 16.1%....
RIOCAN REAL ESTATE INVESTMENT TRUST, $19.41, Toronto symbol REI.UN, is a top pick for 2025.
The REIT owns all or part of 178 shopping centres and mixed-use properties with a net leasable area of 32.2 million square feet. Its occupancy rate is a high 98.0%.
RioCan cut its monthly distribution by 33.3% to $0.96 a unit (on an annual basis) in February 2021 as retailers shut down due to the COVID-19 pandemic....
The REIT owns all or part of 178 shopping centres and mixed-use properties with a net leasable area of 32.2 million square feet. Its occupancy rate is a high 98.0%.
RioCan cut its monthly distribution by 33.3% to $0.96 a unit (on an annual basis) in February 2021 as retailers shut down due to the COVID-19 pandemic....
LOBLAW COMPANIES LTD., $175.89, Toronto symbol L, is a buy.
The company operates 1,131 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills.
In March 2014, it purchased the Shoppers Drug Mart chain for $12.3 billion in cash and shares....
The company operates 1,131 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills.
In March 2014, it purchased the Shoppers Drug Mart chain for $12.3 billion in cash and shares....
Canadian Apartment Properties REIT is seeing strong occupancy rates across its diversified portfolio, and it’s raising its distribution.