Spinoffs & Takeovers Hotline – Friday, January 26, 2024

TRIMBLE INC., $50.98, symbol TRMB on Nasdaq, mainly provides advanced GPS positioning systems for auto fleets and other business clients. It also sells connectivity, modelling, analytics and autonomous driving solutions.

The company serves a range of industries, including civil engineering, construction, agriculture, natural resources, transportation and… Read More

A Yield to Caution: Pizza Pizza Royalty Corp.

PIZZA PIZZA ROYALTY CORP. $14.35 (Toronto symbol PZA; Shares outstanding: 24.6 million; Market cap: $353.0 million; Dividend yield: 6.3%; www.pizzapizza.ca) holds certain trademarks and trade names used by Pizza Pizza restaurants in Canada.
Those exclusive names are licensed to Pizza Pizza for 99 years. In return, it pays… Read More

A new buy for growth and income

This month we’re adding AltaGas to our regular TSI Dividend Advisor coverage.
This natural gas pipeline operator and processor shifted its focus to the U.S. following a big acquisition in 2018. Since then, it has sold less-important assets to pay down the loans it needed to fund the… Read More

Tamarack Valley now yields 3.8%

Tamarack Valley now yields 3.8%

A Member of Pat McKeough’s Inner Circle asked for his advice on Tamarack Valley, a junior oil and gas company active in Western Canada.

Pat likes the company’s cheap valuation and its relatively solid dividend, but warns the company needs higher oil and gas prices to… Read More

Q: Hello, Pat. I’ve been quite content in my investments knowing that your professional decisions have been very good. What do you think of Keyera Corp.? Thanks.

A: Keyera Corp., $32.86, symbol KEY on Toronto (Shares outstanding: 229.2 million; Market cap: $7.5 billion; www.keyera.com), engages in the gathering and processing of natural gas; and the transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the U.S.

The company operates in… Read More