Dividend Advisor Hotline – Friday, June 7, 2019

ALGONQUIN POWER & UTILITIES CORP., $16.28, Toronto symbol AQN, operates through two main businesses: the Liberty Power Group produces and sells electricity from 39 clean energy facilities across North America; and the Liberty Utilities Group provides regulated electricity, natural gas, water distribution and wastewater collection… Read More

Updating Bank of Montreal and General Electric Co.

BANK OF MONTREAL $99 (Toronto symbol BMO; Income-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 640.1 million; Market cap: $64.0 billion; Dividend yield: 3.8%; Dividend Sustainability Rating: Highest; www.bmo.com) raised its quarterly dividend by 4.2% starting with the February 2019 payment. Investors now receive $1.00 a share, up… Read More

Good time to buy Canada’s big banks

The shares of Canada’s big five banks have moved down recently, mainly due to fears that a slowing economy and rising interest rates will cut demand for new loans. However, each of the five continue to lower their costs and expand outside of Canada. That… Read More