investment

You Can See Our CWA REIT & Trust Portfolio For March 2024 Here.


The federal government’s tax on income-trust distributions took effect on January 1, 2011....
While rising interest rates have increased the appeal of bonds and hurt REITs in the past year, Choice Properties and RioCan remain excellent ways for investors to earn income. We see both as buys.


CHOICE PROPERTIES REIT, $13.45, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/s: 327.9 million; Market cap: $9.7 billion; TSINetwork Rating: Average; Dividend yield: 5.6%; www.choicereit.ca) owns 705 retail, industrial, office space and residential properties with 66.1 million square feet of gross leasable area....
Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S. unless those funds are also registered with provincial securities commissions. (Moreover, some Canadian mutual funds are only available in a limited number of provinces.)


Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S....
A: Definity Financial Corp., $44.53, symbol DFY on Toronto (Shares outstanding: 114.9 million; Market cap: $5.2 billion; www.definityfinancial.com), is the new name for the holding company of Economical Insurance, Family Insurance Solutions, Petline Insurance, and Sonnet Insurance.

Definity was created as part of Economical Insurance’s demutualization plan to convert from a mutual insurance company, owned by its policyholders, to a company owned by shareholders.

On November 17, 2021, the holding company went public, selling shares of its stock at $22 each.

At the same time as its IPO, Definity closed private share placements with HOOPP (Healthcare of Ontario Pension Plan) and Swiss Re Investments Holding Company....
Here’s a question I’ve heard from a number of investors recently: “Pat, I know you advise against using stop-loss orders as a general rule. However, should we make an exception in unusual times like today?”

A stop-loss order or “stop” is simply a standing order with a broker to sell a stock you own if it falls to a price you choose....
LOBLAW COMPANIES LTD., $144.60, Toronto symbol L, is a buy.

The company operates 1,104 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills.

In March 2014, it purchased the Shoppers Drug Mart chain for $12.3 billion in cash and shares....

You Can See Our Income-Growth Dividend Payer Portfolio For March 2024 Here.


You can’t fake a record of dividends....
MOLSON COORS CANADA INC. is a hold. The brewer (Toronto symbols TPX.A $84 and TPX.B $85; Conservative Growth Payer Portfolio, Consumer sector; Shares o/s: 213.3 million; Market cap: $18.1 billion; Dividend yield: 2.8%; Dividend Sustainability Rating: Average; www.molsoncoors.com) will raise your quarterly dividend with the March 2024 payment by 7.3%, to $0.44 U.S....
Here are two small-cap firms using acquisitions and spinoffs to improve their prospects. These moves should give them more room to increase their dividends.


LEON’S FURNITURE LTD. $21 is a buy. The retailer (Toronto symbol LNF; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 68.0 million; Market cap: $1.4 billion; Dividend yield: 3.4%; Dividend Sustainability Rating: Average; www.leons.ca) operates 303 stores that sell furniture and home appliances, mainly under the Leon’s, The Brick, and Appliance Canada banners.


With the January 2024 payment, the company raised your quarterly dividend by 12.5%, to $0.18 a share from $0.16....
These two U.S. telecom firms have now completed major upgrades to their wireless networks. Those upgrades should help them attract new users. As well, the lower capital spending bodes well for dividend increases.


AT&T INC. $17 is a buy. The company (New York symbol T; Income-Growth Portfolio, Utilities sector; Shares outstanding: 7.2 billion; Market cap: $122.4 billion; Dividend yield: 6.5%; Dividend Sustainability Rating: Above Average; www.att.com) is the largest wireless (cellphone) carrier in the U.S., with 241.5 million subscribers....