holding company
A: Altria Group Inc., $49.14, symbol MO on New York (Shares outstanding: 1.9 billion; Market cap: $92.8 billion; www.altria.com), is a U.S.-based holding company that operates in three main areas:
- Smokeable products (cigarettes and cigars) supplied roughly 86% of Altria’s operating profits in 2017....
United Technologies recently completed its acquisition of Rockwell Collins—a rival maker of aircraft parts. Like most big acquisitions, this one adds risk, but it also comes with several long-term benefits. Those include giving United Technologies more clout when negotiating new deals with big aircraft makers such as Boeing and Airbus.
The company now plans to spin off its Otis (elevators) and Carrier (heating and air conditioning) operations as two separate companies....
POWER CORP. $26.00 (Toronto symbol POW; Shares outstanding: 414.4 million; Market cap: $12.4 billion; TSINetwork Rating: Above Average; Dividend yield: 5.9%; www.powercorporation.com) is a holding company with a diversified list of businesses. It holds its financial assets through its 65.6%-owned Power Financial.
Power Financial’s assets include a 67.6% interest in insurer Great-West Lifeco and 61.5% of mutual-fund provider IGM Financial.
Through its 50% stake in Parjointco, Power Financial also holds 55.5% of Swiss-listed Pargesa Holdings SA....
Power Financial’s assets include a 67.6% interest in insurer Great-West Lifeco and 61.5% of mutual-fund provider IGM Financial.
Through its 50% stake in Parjointco, Power Financial also holds 55.5% of Swiss-listed Pargesa Holdings SA....
A: PG&E Corp., $26.53, symbol PCG on New York (Shares outstanding: 517.2 million; Market cap: $14.1 billion; www.pge.com), is a holding company for Pacific Gas and Electric Company, among other nonutility subsidiaries. The company supplies electricity and gas to most of Northern and Central California (population 16 million)....
Emera now plans to raise its annual dividend rate between 4% and 5% each year through 2021. That’s down from its previous aim to raise the dividend 8% annually through 2020.
The company cut that growth target to conserve cash for new projects and pay down debt....
The company cut that growth target to conserve cash for new projects and pay down debt....
If you are able to find undervalued Canadian stocks of companies with a history of sales and earnings, those value stocks can lead to a strong portfolio
INTACT FINANCIAL $102.45 (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (416-341-1464; www.intactfc.com; Shares outstanding: 139.2 million; Market cap: $14.3 billion; Dividend yield: 2.7%) is Canada’s largest provider of property and casualty insurance....
POWER CORP. $27 (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 417.0 million; Market cap: $11.3 billion; Dividend yield: 5.7%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) is a holding company with a diversified list of businesses....
The growing trend toward marijuana legalization has spurred a great deal of investor interest.
POWER CORP. $28.62 (Toronto symbol POW; Shares outstanding: 414.4 million; Market cap: $13.5 billion; TSINetwork Rating: Above Average; Divd. yield: 5.3%; www.powercorporation.com) is a holding company with a diversified list of businesses....