Here are key updates on 3 dividend payers

MOLSON COORS CANADA INC. is still a hold. The company (Toronto symbols TPX.A $74 and TPX.B $67; Conservative Growth Payer Portfolio, Consumer sector; Shares outstanding: 216.9 million; Market cap: $14.5 billion; Dividend yield: 2.9%; Dividend Sustainability Rating: Average; www.molsoncoors.com) is the world’s fifth-largest beer brewer. Its main brands include… Read More

Higher costs offset re-opening gains

MOLSON COORS CANADA INC. remains a hold. The company (Toronto symbols TPX.A $66 and TPX.B $72; Conservative Growth and Income Portfolios, Consumer sector; Shares outstanding: 216.7 million; Market cap: $15.6 billion; Price-to-sales ratio: 1.1; Dividend yield: 2.7%; TSINetwork Rating: Average; www.molsoncoors.com) is the world’s fifth-largest beer brewer. Its… Read More

Earnings rise 102.5% at Molson Coors Canada Inc.

Earnings rise 102.5% at Molson Coors Canada Inc.

The firm continues to benefit from its purchase of SABMiller’s stake of MillerCoors as revenues climbed 14.2% in the latest quarter.

However, some COVID-19 challenges remain and beer consumption is slowing, which is forcing the company to cut costs.

Meanwhile, the B class shares trade at 12.9… Read More

Here are three key updates on your portfolio

OTIS WORLDWIDE CORP. $76 is a buy. The company (Conservative Growth Portfolio; Manufacturing & Industry sector; Shares outstanding: 425.0 million; Market cap: $32.3 billion; Price-to-sales ratio: 2.2; Dividend yield 1.3%; TSINetwork Rating: Average; www.otis.com) is the world’s largest maker of elevators and escalators.
In response to Russia’s invasion of… Read More

Use our updates to enhance your portfolio

ANDREW PELLER LTD. (A shares) is still a buy. The company (Toronto symbols ADW.A $7.33 and ADW.B $9.64; Income Portfolio, Consumer sector; Shares o/s: 43.1 million; Market cap: $315.9 million; Price-to-sales ratio: 0.9; Dividend yield: 3.4%; www.andrewpeller.com) is Canada’s second-largest wine producer after Arterra Wines.
In its fiscal 2022… Read More

New products will help protect these dividends

Molson and Saputo are adding new products to their portfolios as demand for their legacy products slows. These moves will help them maintain their dividends. However, their short-term outlook remains uncertain.
MOLSON COORS CANADA INC. is still a hold. The beer brewer (Toronto symbols TPX.A $65 and TPX.B… Read More