Enjoy a 7.1% yield from Extendicare Inc.

Enjoy a 7.1% yield from Extendicare Inc.

This company enjoyed a major benefit during COVID-19 uncertainty as more than 90% of its long-term-care business was government funded. The recent sale of its retirement living operations will help the firm focus on its core segments.

The stock trades at 28.1 times the company’s 2023… Read More

Here are key updates on 3 dividend payers

CAE INC. $25 remains a buy for long-term gains. The company (Toronto symbol CAE; Conservative-Growth Payer Portfolio, Manufacturing sector; Shares outstanding: 317.9 million; Market cap: $7.9 billion; Dividend suspended in March 2020; Dividend Sustainability Rating: Average; www.cae.com) suspended its $0.11-a-share quarterly dividend in 2020 as COVID-19 hurt demand for… Read More

Get a huge 7.1% yield from Extendicare Inc.

Get a huge 7.1% yield from Extendicare Inc.

This company enjoyed a major benefit during COVID-19 uncertainty as more than 90% of its long-term care business was government funded. The recent sale of its retirement living operations will help the firm focus on its core segments.

EXTENDICARE INC. (Toronto symbol EXE; www.extendicare.com) owns and… Read More

These two are less risky than they appear

These two small-cap firms entail higher risk than larger companies such as banks and utilities. However, strong positions in their niche markets support their current high dividends.
NORTH WEST COMPANY $34 is a buy. The company (Toronto symbol NWC; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 47.9 million;… Read More

Enjoy a 6.7% yield from Extendicare Inc.

Enjoy a 6.7% yield from Extendicare Inc.

This company enjoyed a major benefit during COVID-19 uncertainty as more than 90% of its long-term care business was government funded. The recent sale of its retirement living operations will help the firm focus on its core segments.

Meanwhile, the stock trades at 15.5 times the… Read More

Buy these two for their government contracts

Both Calian and Extendicare have a major plus on their side during this time of COVID-19 uncertainty. Specifically, the two get most of their revenue from governments. For Calian, revenue generated from departments and agencies of the Canadian government currently represents about 69% of the… Read More