investment

Commercial Metals Company is benefitting from strong North American demand for its major product lines but there is plenty of uncertainty about its prospects.

AT&T Inc. offers a huge 6.3% yield as keeps adding subscribers and upgrading its ultrafast networks – it’s still cheap at just 7.6 times forecast earnings.

Sun Life Financial and Manulife Financial offer 4.8% and 4.5% yields while trading at very reasonable multiples of forecast earnings.

CANADIAN PACIFIC KANSAS CITY, $115.78, is a buy. The company (Toronto symbol CP; shares outstanding: 932.7 million; Market cap: $106.1 billion; Rating: Above Average; Dividend yield: 0.7%) ships freight over a 32,190-kilometre rail network....

A: Ingersoll Rand Inc., $98.60, symbol IR on New York, (Shares outstanding: 403.4 million; Market cap: $39.8 billion; www.ingersollrand.com), offers a broad range of air, gas, liquid, and solid flow technologies, providing services and solutions to increase industrial productivity, efficiency, and sustainability.

The company manufactures one of the broadest and most complete ranges of compressors, pump, vacuum and blower products in its markets....

CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST, $14.21, is a top pick for 2024.

Choice is Canada’s biggest REIT, with 702 retail, industrial and residential properties totalling 65.9 million square feet of gross leasable area. Its occupancy rate is a high 98.0%....

You Can See Our Conservative Growth Dividend Payer Portfolio for August 2024 Here.

You can’t fake a record of dividends....

POWER CORP. OF CANADA $39 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 649.2 million; Market cap: $25.3 billion; Dividend yield: 5.8%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) holds controlling stakes in Canadian financial services firms Great-West Lifeco (insurance) and IGM Financial (mutual funds)....

It now looks like the U.S. Federal Reserve will cut its benchmark interest rate in the next few months. Lower rates would ease the pressure on borrowers looking to renew mortgages and other loans at these two leading U.S. banks. They will also have to pay out less to attract depositors....

When investing in retail-focused REITs, investors should pay close attention to the quality of their properties as well as their tenants—both directly affect their distributions. Here are two REITs to count on for steady monthly payments.


RIOCAN REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto symbol REI.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 300.5 million; Market cap: $5.4 billion; Distribution yield: 6.2%; Dividend Sustainability Rating: Average; www.riocan.com) owns all or part of 188 shopping centres and other properties across Canada, including nine under development....