enbridge
CANADIAN PACIFIC KANSAS CITY LTD., $105.57, Toronto symbol CP, is your #1 Conservative Buy for 2023.
The company took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed its acquisition of U.S.-based railway Kansas City Southern.
CP paid $31 billion U.S....
The company took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed its acquisition of U.S.-based railway Kansas City Southern.
CP paid $31 billion U.S....
Rising interest rates increase the appeal of bonds, which is generally bad news for utilities which must compete with bonds for the attention of income-seeking investors. At the same time, higher interest rates increase borrowing costs for utilities. That further erodes investors’ interest.
However, these three utilities get most of their revenue from rate-regulated operations....
LOBLAW COMPANIES, $118.69, is a buy. The retailer (Toronto symbol L; Shares outstanding: 321.0 million; Market cap: $38.4 billion; TSINetwork Rating: Above Average; Dividend yield: 1.5%; www.loblaw.ca), operates 1,099 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills....
Fortis has a nearly 50-year record of annual dividend increases. That’s mainly because its regulated power utilities provide it with plenty of cash flow to service its debt, invest in new projects and reward investors.
The company expects its new spending plan will let it raise your annual payment by between 4% and 6% each year through 2027....
The company expects its new spending plan will let it raise your annual payment by between 4% and 6% each year through 2027....
High interest rates mean dividend-paying stocks must increasingly compete for investor interest with bonds and other fixed-income instruments. However, focusing on sustainable dividends still offers an attractive and growing income stream for investors—as long as you avoid the riskier strategies that some ETF managers use to boost their yields (see supplement on page 60).
Here are three ETFs that aim to provide high-yield exposure to Canadian, as well as U.S., dividend payers.
VANGUARD FTSE CANADIAN HIGH DIVIDEND ETF $42.00 (Toronto symbol VDY; TSINetwork ETF Rating: Aggressive; Market cap: $2.1 billion) tracks the FTSE Canada High Dividend Yield Index....
ROYAL BANK OF CANADA $129 (www.rbc.com) is a buy. In November 2022, the bank agreed to pay $13.5 billion in cash for the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC)....
TORONTO-DOMINION BANK, $83.80, Toronto symbol TD, remains a buy.
Due to delays securing the necessary regulatory approvals, TD has cancelled its deal to acquire First Horizon Corporation (New York symbol FHN) for $13.4 billion U.S. The purchase would have made TD’s banking operations the sixth largest in the U.S.
As a result, the bank will pay $225 million U.S....
Due to delays securing the necessary regulatory approvals, TD has cancelled its deal to acquire First Horizon Corporation (New York symbol FHN) for $13.4 billion U.S. The purchase would have made TD’s banking operations the sixth largest in the U.S.
As a result, the bank will pay $225 million U.S....
ENBRIDGE, $52.95, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.0 billion; Market cap: $106.4 billion; TSINetwork Rating: Above Average; Dividend yield: 6.7%; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S....
One of the key attractions of exchange-traded funds is the lower fees compared to mutual funds. In addition, as more competitors entered the market, fees on many ETFs continue to drop.
One of the older U.S.-based funds with a large asset base and higher fees is the iSHARES MSCI CANADA ETF $35.03 (New York symbol EWC)....
One of the older U.S.-based funds with a large asset base and higher fees is the iSHARES MSCI CANADA ETF $35.03 (New York symbol EWC)....
SUNCOR ENERGY INC., $42.65, Toronto symbol SU, is a buy.
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. It also operates four refineries (three in Canada and one in Colorado), along with 1,590 Petro-Canada gas stations.
With the December 2022 payment, Suncor raised your quarterly dividend by 10.6%, to $0.52 a share from $0.47....
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. It also operates four refineries (three in Canada and one in Colorado), along with 1,590 Petro-Canada gas stations.
With the December 2022 payment, Suncor raised your quarterly dividend by 10.6%, to $0.52 a share from $0.47....