canadian
BANK OF MONTREAL, $146.32, Toronto symbol BMO, is still a buy.
With the February 2025 payment, the bank will raise your quarterly dividend by 2.6%, to $1.59 a share from $1.55. The new annual rate of $6.36 yields a high 4.3%. Bank of Montreal also announced a new plan to buy back up to 20 million of its common shares (2.7% of the total outstanding).
On February 1, 2023, the bank completed its acquisition of Bank of the West from France’s BNP Paribas for $13.8 billion U.S
Bank of the West provides a variety of retail and commercial banking services to over 1.8 million customers in 24 U.S....
With the February 2025 payment, the bank will raise your quarterly dividend by 2.6%, to $1.59 a share from $1.55. The new annual rate of $6.36 yields a high 4.3%. Bank of Montreal also announced a new plan to buy back up to 20 million of its common shares (2.7% of the total outstanding).
On February 1, 2023, the bank completed its acquisition of Bank of the West from France’s BNP Paribas for $13.8 billion U.S
Bank of the West provides a variety of retail and commercial banking services to over 1.8 million customers in 24 U.S....
TORONTO-DOMINION BANK, $73.51, Toronto symbol TD, remains a buy for patient, income-seeking investors.
The bank recently settled charges over lapses in the anti-money laundering processes at its U.S. retail banking operations. As a result, it paid a fine of $3.09 billion U.S.
The settlement also imposed an asset cap on TD’s U.S....
The bank recently settled charges over lapses in the anti-money laundering processes at its U.S. retail banking operations. As a result, it paid a fine of $3.09 billion U.S.
The settlement also imposed an asset cap on TD’s U.S....
Companies that pay regular and growing dividends have performed very well over time when compared to the broad market indices.
A strategy such as selecting stocks with a long history of uninterrupted dividend growth—as represented by the S&P 500 Dividend Aristocrats—has resulted in gains of 11.8% per year over the past 30 years; this compares to 10.9% for the S&P 500 Index....
A strategy such as selecting stocks with a long history of uninterrupted dividend growth—as represented by the S&P 500 Dividend Aristocrats—has resulted in gains of 11.8% per year over the past 30 years; this compares to 10.9% for the S&P 500 Index....
This month we highlight the Canadian listing of a very popular U.S. ETF from JP Morgan, as well as another listing of a “quality equity” fund from BMO.
JPMorgan US Equity Premium Income Active ETF $26.61 (Toronto symbol JEPI) invests in the shares of U.S....
JPMorgan US Equity Premium Income Active ETF $26.61 (Toronto symbol JEPI) invests in the shares of U.S....
The U.S. has been the leading economy in the world for many decades, and the stock market has outperformed international markets for the past 15 years. Despite the challenges posed by its big deficits, plus uncertainty posed by the upcoming Trump administration’s policies, top U.S....
Dividend-paying companies have done well over the longer term, although the recent performance of this group lagged the main market indexes. That’s because higher interest rates on fixed-income investments made their dividends less attractive to income investors....
BetaPro Equal Weight Canadian REIT 2x Daily Bull ETF $16.88 (Toronto symbol HREU) aims to use a combination of derivatives and debt to offer daily returns that correspond to twice the daily gains of the Solactive Equal Weight Canada REIT Index....
IMPERIAL OIL, $100.29, is a #1 Buy for 2024. The company (Toronto symbol IMO; Shares o/s: 523.4 million; Market cap: $53.6 billion; TSINetwork Rating: Average; Yield: 2.4%; www.imperialoil.ca) gets about 99% of its production from oil sands operations in Alberta....
POWER CORP., $47.27, is a buy. The conglomerate (Toronto symbol POW; Shares outstanding: 590.9 million; Market cap: $30.2 billion; Rating: Above Average; Dividend yield: 4.8%) holds controlling stakes in Canadian financial services firms Great-West Lifeco (insurance) and IGM Financial (mutual funds)....
EXTENDICARE INC., $10.62, is a buy. The company (symbol EXE on Toronto), owns and operates long-term care homes. Investors also tap the company’s ParaMed Home Health Care branches. ParaMed provides nursing care and other forms of assistance to clients who remain in their own homes.
Extendicare has announced that it has entered into an agreement with Revera Inc....
Extendicare has announced that it has entered into an agreement with Revera Inc....