Dividend Advisor Hotline – Friday, June 19, 2020

TRANSCONTINENTAL INC., $14.67, Toronto symbol TCL.A, is a buy for aggressive investors.

The company is Canada’s leading commercial printer. It also makes plastic packaging for consumer and industrial products.

With the April 2020 payment, Transcontinental raised your quarterly dividend by 2.3%. Investors now receive $0.225 a share,… Read More

Hold Canada’s top REITs

ISHARES S&P/TSX REIT INDEX ETF, $13.33, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets you tap all 19 Canadian real estate investment trusts in the S&P/TSX REIT Index.
Investors pay a reasonable MER of 0.61%, and the REIT fund gives you a.. Read More

You get stable income with these bond ETFs

Spurred by the dramatic impact of COVID-19 on the economy, the Bank of Canada has now cut its benchmark interest rate to 0.25% from 1.25%. Whether it continues to hold that rate steady, or cut it further, depends on the country’s economic growth and unemployment… Read More

Insurers still a top choice for income seekers

The COVID-19 outbreak will slow the growth of these top insurance companies, particularly in Asia. The shock to their investment portfolios will also limit their earnings.
However, both firms should rebound quickly once the outbreak eases. That should also let them keep raising your dividends.
MANULIFE FINANCIAL… Read More

Here are three key updates for your portfolio: Briggs & Stratton Corp., Lamb Weston Holdings Inc. and Alliant Energy Corp.

BRIGGS & STRATTON CORP. $2.28 is still a hold. The company (New York symbol BGG; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 42.5 million; Market cap: $96.9 million; Price-to-sales ratio: 0.1; Dividend suspended in March 2020; TSINetwork Rating: Extra Risk; www.briggsandstratton.com) makes lawnmower engines, portable power… Read More