Home Capital launches buyback plan

HOME CAPITAL GROUP INC. $17 (Toronto symbol HCG; Aggressive Growth Portfolio, Finance sector; Shares o/s: 80.3 million; Market cap: $1.4 billion; Price-to-sales ratio: 3.5; Dividend suspended in May 2017; TSINetwork Rating: Speculative; www.homecapital.com) plans to buy back up to $300 million of its shares through a Dutch… Read More

Diversify with these non-bank financials

Most investors typically hold two, three or more of the big five Canadian banks. That makes sense given their steady profit growth and rising dividends. They also give investors exposure to a wide variety of financial services, including mutual funds, retirement planning and insurance.
Even so,… Read More