canadian
NORTH WEST COMPANY $52 is a buy. This retailer (Toronto symbol NWC; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 47.7 million; Market cap: $2.5 billion; Dividend yield: 3.1%; Dividend Sustainability Rating: Above Average; www.northwest.ca) sells food and everyday products and services at 229 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%....
These two leading retailers continue to cut their selling prices. That continues to spur customer traffic and to lift their earnings. Moreover, both have long histories of annual dividend hikes.
LOBLAW COMPANIES LTD. $181 is a buy. This retail giant (Toronto symbol L; Conservative-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 303.6 million; Market cap: $55.0 billion; Dividend yield: 1.1%; Dividend Sustainability Rating: Highest; www.loblaw.ca) operates 1,113 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills....
LOBLAW COMPANIES LTD. $181 is a buy. This retail giant (Toronto symbol L; Conservative-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 303.6 million; Market cap: $55.0 billion; Dividend yield: 1.1%; Dividend Sustainability Rating: Highest; www.loblaw.ca) operates 1,113 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills....
TSI in the Globe & Mail: Here are 5 companies planning 2025 spinoffs and scoring high Dividend Sustainability marks.
The Bank of Canada and other central banks are now cutting their benchmark lending rates as inflation returns to pre-pandemic levels.
That’s good news for utility stocks like Fortis, which carry large debt loads to finance investments in new power plants and other projects....
That’s good news for utility stocks like Fortis, which carry large debt loads to finance investments in new power plants and other projects....
RUSSEL METALS INC., $44.24, is a buy. Through their shares, investors tap one of North America’s largest metals distribution companies, with a growing focus on value-added processing.
The company carries on business in three segments: metals service centres, energy field stores and steel distributors....
The company carries on business in three segments: metals service centres, energy field stores and steel distributors....
K-BRO LINEN INC., $36.96, symbol KBL on Toronto, is the largest owner and operator of laundry and linen processing facilities in Canada. K-Bro operates across Canada and the U.K. and provides a range of linen services to healthcare institutions, hotels and other commercial accounts that include the processing, management and distribution of general linen and operating room linen.
K-Bro currently operates ten processing facilities and two distribution centres under two distinctive brands, including K-Bro Linen Systems Inc....
K-Bro currently operates ten processing facilities and two distribution centres under two distinctive brands, including K-Bro Linen Systems Inc....
TC ENERGY INC., $69.65, Toronto symbol TRP, is a buy.
On October 1, 2024, the company completed the spinoff of its oil pipeline business as separate company South Bow Corp. (see below). Investors received 0.2 of a South Bow share for every TC share they held....
On October 1, 2024, the company completed the spinoff of its oil pipeline business as separate company South Bow Corp. (see below). Investors received 0.2 of a South Bow share for every TC share they held....
Long-time readers know that we aim to keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to bolster investor gains. Here are two buys that stand out this month:
GEN DIGITAL INC., $29.44, is a buy. The firm (Nasdaq symbol GEN; TSINetwork Rating: Extra Risk) (gendigital.com; Shares o/s: 616.2 million; Market cap: $18.1 billion; Dividend yield: 1.7%) is the parent company for several security-related consumer brands, including Norton, LifeLock, and Avast, in addition to Avira, AVG, and CCleaner.
Gen continues to attract new customers....
GEN DIGITAL INC., $29.44, is a buy. The firm (Nasdaq symbol GEN; TSINetwork Rating: Extra Risk) (gendigital.com; Shares o/s: 616.2 million; Market cap: $18.1 billion; Dividend yield: 1.7%) is the parent company for several security-related consumer brands, including Norton, LifeLock, and Avast, in addition to Avira, AVG, and CCleaner.
Gen continues to attract new customers....
Like most silver stocks, Hecla Mining is heavily influenced by silver prices. But we think the direction of silver prices—and for Hecla shares—is upward. Meanwhile, the company has made a good addition to its board of director.
HECLA MINING, $5.62, is a buy. This silver and gold miner with four mines (New York symbol HL; TSINetwork Rating: Extra Risk) (www.hecla-mining.com; Shares outstanding: 637.0 million; Market cap: $3.6 billion; Dividend yield: 0.3%) has just added a new member to its board of directors—one with a Canadian connection.
The company has appointed Jill Satre to the board, effective October 16, 2024....
HECLA MINING, $5.62, is a buy. This silver and gold miner with four mines (New York symbol HL; TSINetwork Rating: Extra Risk) (www.hecla-mining.com; Shares outstanding: 637.0 million; Market cap: $3.6 billion; Dividend yield: 0.3%) has just added a new member to its board of directors—one with a Canadian connection.
The company has appointed Jill Satre to the board, effective October 16, 2024....
CHEMED CORP., $557.95, symbol CHE on New York, operates two wholly owned subsidiaries: VITAS Healthcare and Roto-Rooter. The two units are in distinctly different businesses and have completely separate operations.
VITAS (65% of sales) is the largest provider of end-of-life hospice services in the U.S., and Roto-Rooter (35%) is the nation’s leading provider of plumbing and drain-clearing services.
In April 2024, VITAS acquired Covenant Health and Community Services Inc.'s hospice assets and assisted living facility for $85.0 million in cash....
VITAS (65% of sales) is the largest provider of end-of-life hospice services in the U.S., and Roto-Rooter (35%) is the nation’s leading provider of plumbing and drain-clearing services.
In April 2024, VITAS acquired Covenant Health and Community Services Inc.'s hospice assets and assisted living facility for $85.0 million in cash....