Earnings are up 20.7% at Intact Financial

Earnings are up 20.7% at Intact Financial

Higher premiums from personal lines and commercial business also drove revenue 6.2% higher in the most recent quarter.

What’s more, a 10% dividend increase and sharply higher earnings signal a strong future ahead. The shares are up 20.7% this year and 119.1% over the last five… Read More

These utilities tap into rising power demand

Demand for electrical power in Canada continues to rise due to several factors. Those include an expanding population and the shift to electric-powered cars. Moreover, the construction of new datacentres to handle power-intense artificial intelligence will also spur electricity demand.
A good way for investors to… Read More

Power hikes its dividend

POWER CORP., $36.86, is a buy. The conglomerate (Toronto symbol POW; Shares o/s: 600.8 million; Market cap: $24.3 billion; Rating: Above Average; Yield: 6.1%) has several primary investments, including controlling stakes in Canadian financial services firms Great-West Lifeco (insurance) and IGM Financial (mutual funds). It also owns 15.5% of… Read More

Buy quality assets at a discount: Power Corp

POWER CORP. OF CANADA $37 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 652.2 million; Market cap: $24.1 billion; Dividend yield: 6.1%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) has several primary investments, including controlling stakes in Canadian financial services firms Great-West… Read More