holding company

All four of these power and gas utilities reported lower earnings for the second quarter of 2018. Moreover, rising interest rates have hurt their appeal among income-seeking investors. Higher rates will also increase their borrowing costs as they raise funds for new projects.


Even so, most of their revenue comes from regulated operations....

POWER CORP. $29.33 (Toronto symbol POW; Shares o/s: 414.4 million; Market cap: $14.1 billion; TSINetwork Rating: Above Average; Dividend yield: 5.2%; 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 Corp....

POWER CORP. $30 (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 415.9 million; Market cap: $12.5 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) holds a diversified group of businesses, including Great-West and IGM Financial.


The company raised its quarterly dividend by 6.6% with the June 2018 payment....

On July 1, 2016, Hertz Global Holdings spun off its equipment-rental business as Herc Holdings, and handed out shares in the new company to its existing shareholders. Hertz Global Holdings then continued on as a car rental company.

Since the split, Hertz (car rentals) has struggled and the stock is now down about 67%....

POWER CORP. $30.07 (Toronto symbol POW; Shares o/s: 414.4 million; Market cap: $14.1 billion; TSINetwork Rating: Above Average; Dividend yield: 5.1%; 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.


In the quarter ended March 31, 2018, earnings per share rose 17.1%, to $0.82 from $0.70 a year earlier....

INTACT FINANCIAL $96.47 (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (416-341-1464; www.intactfc.com; Shares outstanding: 139.2 million; Market cap: $13.4 billion; Dividend yield: 2.9%) is Canada’s largest provider of property and casualty insurance....

POWER CORP. $29.36 (Toronto symbol POW; Shares outstanding: 414.4 million; Market cap: $13.9 billion; TSINetwork Rating: Above Average; Dividend yield: 4.9%; 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.


In the quarter ended December 31, 2017, Power Corp.’s earnings per share rose 1.1%, to $0.90 from $0.89 a year earlier.


Power Financial’s assets include 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....

ENBRIDGE INC. $39 (Toronto symbol ENB; Income-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 1.65 billion; Market cap: $64.4 billion; Dividend yield: 6.9%; Dividend Sustainability Rating: Highest; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S....

A: Brookfield Property Partners LP, $26.49, symbol BPY.UN on Toronto (Units outstanding: 687.5 million; Market cap: $18.2 billion; www.brookfieldpropertypartners.com), owns, operates and invests in commercial real estate worldwide.

Brookfield Asset Management (symbol BAM.A on Toronto) first sold shares of Brookfield Property Partners to the public in April 2013....

One of the keys to investing success is to spread your money out across most if not all of the five main economic sectors (Manufacturing, Resources, the Consumer sector, Finance and Utilities).

However, you want more than to simply avoid steep losses. To improve your chances of making money, you need to take diversification a step further....