merger
In 2022, CN failed in its attempt to acquire U.S. railway Kansas City Southern; KCS later merged with rival Canadian Pacific. However, CN used the termination fee it received from KCS to increase its dividend and buy back shares. The company’s strong focus on efficiency will also push its earnings higher.
CANADIAN NATIONAL RAILWAY CO....
CANADIAN NATIONAL RAILWAY CO....
These U.S. industrial firms continue to increase their earnings despite rising raw material and labour costs. That should also let them keep raising their dividends. However, right now, we prefer RTX for your new buying.
RTX CORP. $86 is a buy. The company (New York symbol RTX; Conservative-Growth Payer Portfolio; Manufacturing sector; Shares outstanding: 1.5 billion; Market cap: $129.0 billion; Dividend yield: 2.7%; Dividend Sustainability Rating: Above Average; www.rtx.com) recently changed its name from Raytheon Technologies Corp....
RTX CORP. $86 is a buy. The company (New York symbol RTX; Conservative-Growth Payer Portfolio; Manufacturing sector; Shares outstanding: 1.5 billion; Market cap: $129.0 billion; Dividend yield: 2.7%; Dividend Sustainability Rating: Above Average; www.rtx.com) recently changed its name from Raytheon Technologies Corp....
CANADIAN PACIFIC KANSAS CITY LTD., $109.93, Toronto symbol CP, is your #1 Conservative Buy for 2023.
The company took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed its acquisition of U.S.-based railway Kansas City Southern.
CP paid $31 billion U.S....
The company took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed its acquisition of U.S.-based railway Kansas City Southern.
CP paid $31 billion U.S....
RTX CORP. $87 is still a buy. The company (New York symbol RTX; Conservative-Growth Payer Portfolio; Manufacturing sector; Shares outstanding: 1.5 billion; Market cap: $130.5 billion; Price-to-sales ratio: 1.8; Dividend yield: 2.7%; TSINetwork Rating: Above Average; www.rtx.com) recently changed its name from Raytheon Technologies Corp....
These green energy firms have either cut their dividends or frozen them to conserve cash for new projects and acquisitions. Even so, their current payouts—and high yields—look sustainable.
ALGONQUIN POWER & UTILITIES CORP. $11 is a buy for long-term gains. The company (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 688.7 million; Market cap: $7.6 billion; Dividend yield: 5.2%; Dividend Sustainability Rating: Average; www.algonquinpower.com) has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services in Canada, the U.S., Chile and Bermuda; and the Renewable Power Group produces electricity from about 47 clean-energy plants in North America.
To conserve cash for its planned purchase of Kentucky Power Co....
ALGONQUIN POWER & UTILITIES CORP. $11 is a buy for long-term gains. The company (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 688.7 million; Market cap: $7.6 billion; Dividend yield: 5.2%; Dividend Sustainability Rating: Average; www.algonquinpower.com) has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services in Canada, the U.S., Chile and Bermuda; and the Renewable Power Group produces electricity from about 47 clean-energy plants in North America.
To conserve cash for its planned purchase of Kentucky Power Co....
Oil and gas stocks moved up as the U.S. and other economies recovered after the pandemic. The war in Ukraine also spurred prices. Prices have softened lately on fears of slowing global economies, but we still recommend that most investors maintain exposure to the oil and gas industry as part of a balanced portfolio....
VALMONT INDUSTRIES INC., $277.52, symbol VMI on New York, is a leader in designing and manufacturing highly engineered products and services for the global infrastructure and agriculture markets.
Its infrastructure products include light standards, traffic lights, sign structures, bridge structures, mass transit poles, etc....
Its infrastructure products include light standards, traffic lights, sign structures, bridge structures, mass transit poles, etc....
CANADIAN PACIFIC KANSAS CITY LTD. $105 is your #1 Conservative Buy for 2023. The company (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 931.1 million; Market cap: $97.8 billion; Price-to-sales ratio: 10.5; Dividend yield: 0.7%; TSINetwork Rating: Above Average; www.cpkcr.com) took its current form on April 14, 2023, when Canadian Pacific Ltd....
CANADIAN PACIFIC KANSAS CITY LTD., $104.03, Toronto symbol CP, is your #1 Conservative Buy for 2023.
The company took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed its acquisition of U.S.-based railway Kansas City Southern.
CP paid $31 billion U.S....
The company took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed its acquisition of U.S.-based railway Kansas City Southern.
CP paid $31 billion U.S....
FLOWSERVE CORP., $35.71, symbol FLS on New York, manufactures industrial pumps, valves, and other machinery, for several industries that use difficult-to-handle or corrosive fluids. These include power, oil and gas, chemicals, and several others. It operates facilities in more than 300 locations worldwide, selling its products in over 50 countries.
In February 2023, Flowserve announced that it would acquire Velan Inc....
In February 2023, Flowserve announced that it would acquire Velan Inc....