dividend growth

The major Canadian and U.S. stock markets, while still subject to volatility, continue to offer attractive returns for investors—especially if you buy the top stocks. All in all, we think that if you can afford to stay in the market for several years or longer, now is a good time for new buying....

FORTIS INC., $54.36, Toronto symbol FTS, is a buy.

The company is the main supplier of electrical power in Newfoundland and PEI. Fortis also owns electrical utilities across Canada, the U.S. and the Caribbean. In addition, the company distributes natural gas in British Columbia, Arizona and New York State.

Fortis is now raising your quarterly dividend by 4.4%....

A: BMO International Dividend ETF, $21.63, symbol ZDI on Toronto (Units outstanding: 20.1 million; Market cap: $434.8 million; www.bmoetfs.cawww.bmoetfs.ca), offers exposure to a portfolio of high-yield dividend-paying companies in developed markets....

The major Canadian and U.S. stock markets, while still subject to volatility, continue to offer attractive returns for investors—especially if you buy the top stocks. All in all, we think that if you can afford to stay in the market for several years or longer, now is a good time for new buying....

The major Canadian and U.S. stock markets, while still subject to volatility, continue to offer attractive returns for investors—especially if you buy the top stocks. All in all, we think that if you can afford to stay in the market for several years or longer, now is a good time for new buying....

A: Capital Power Corp., $42.52, symbol CPX on Toronto (Shares outstanding: 116.5 million; Market cap: $5.0 billion; www.capitalpower.com) is one of Canada’s largest independent electrical power producers, with its 29 facilities across North America offering 7,500 megawatts of power.

Capital Power continues to expand both its power-generation capacity, as well as its long-term guaranteed energy sales contracts.

In September 2022, the company completed the acquisition of the Midland Cogeneration facility in Midland, Michigan, in a 50/50 joint venture partnership with Manulife Investment Management.

The partners paid $894 million U.S....

You can see our Income-Seeking Portfolio for March 2023 here.

Our WSSF Portfolio for Income-Seeking Investors gives recommendations on stocks with a history of dividends, plus dividend growth potential.


In addition to yield, earnings and p/e ratios, we show you how much each company has raised (or cut) its dividend in the past five years in the third column from the right in the table below.


Please note that among our Utility recommendations, we indicate with footnotes which of three main utility industries each company operates in: Telecommunications, Electric or Pipeline.


Each segment faces its own challenges....

ISHARES CANADIAN SELECT DIVIDEND INDEX ETF $28.00 (Toronto symbol XDV) lets you hold 30 of the highest-yielding Canadian stocks. The ETF also considers dividend growth and payout ratios to make its selections.


The weight of any one stock holding is limited to 10% of the fund’s assets....

The major Canadian and U.S. stock markets, while still subject to volatility, continue to offer attractive returns for investors—and especially if you buy the top stocks. All in all, we think that if you can afford to stay in the market for several years or longer, now is a good time for new buying....

The major Canadian and U.S. stock markets, while still subject to volatility, have moved back up since their initial COVID-19 drop. Nonetheless, we think that if you can afford to stay in the market for several years or longer, now is still a good time for new buying....