Lower costs set stage for dividend hike

MANULIFE FINANCIAL CORP. $24 is a buy. The insurer (Toronto symbol MFC; Conservative-Growth Payer Portfolio; Finance sector; Shares outstanding: 1.9 billion; Market cap: $45.6 billion; Dividend yield: 4.7%; Dividend Sustainability Rating: Above Average; www.manulife.ca) last raised its quarterly dividend by 12.0% with the March 2020… Read More

Two Canadian ETFs hold most of Canada’s best stocks

Two Canadian ETFs hold most of Canada’s best stocks

Today, we look at two Canadian ETFs that hold many of the Canadian stocks we recommend for 2021. iShares S&P/TSX 60 Index ETF and iShares Canada Select Dividend Index ETF mirror, respectively, sub-indexes holding the 60 most-heavily trades stocks and 30 of the highest-yielding dividend stocks… Read More

Canadian sector funds: 1 buy, 1 hold

Last month we recommended some international ETFs—but at the same time, we noted that Canadian investors often have a bias for investing in their home markets. And we agree with that bias—we still recommend that most Canadians hold the bulk of their portfolios in Canadian… Read More

These insurers offer you income and growth

Business for our two top Canadian insurance recommendations remains steady, although COVID-19 has slowed their share-price growth. Still, both firms should rebound quickly once the coronavirus outbreak eases. That will lift the value of their shares. Meanwhile, each insurer offers you a high, sustainable dividend… Read More