Investing in stocks: The hidden drawbacks of split-share corporations

Investing in stocks: The hidden drawbacks of split-share corporations

Split-share corporations come with inherent drawbacks that can hand investors unexpected and unwelcomed costs before they’d planned
Split-share corporations: they’re just one of the areas that Pat McKeough’s Inner Circle can tap into our investment research. Members also get to ask investment questions of Pat and his… Read More

Q: Hello, Pat. I have held Park Lawn Corp. for the past year. What are you views on this company in light of the COVID-19 environment? Thank you.

A: Park Lawn Corporation, $19.98, symbol PLC on Toronto (Shares outstanding: 28.9 million; Market cap: $581.0 million; www.parklawncorp.com), is a funeral home, cemetery, and cremation services provider with operations throughout North America.

The company owns and operates 114 cemeteries, 39 crematoriums, and 109 funeral homes; it… Read More

Enbridge locks in your value

ENBRIDGE INC. $38.63, is a buy. The company (Toronto symbol ENB; Shares outstanding: 2.0 billion; Market cap: $78.2 billion; TSINetwork Rating: Above Average; Dividend yield: 8.4%; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas… Read More

Vietnam will pay off for you

VANECK VECTORS VIETNAM ETF, $10.33, is a buy for aggressive investors. The emerging market ETF (New York symbol VNM) lets you tap Vietnamese companies and foreign firms that get a significant share of their revenue from the Southeast Asian nation.
Your top holdings through the ETF are Vingroup (conglomerate), 8.4%;… Read More

Great time for you to buy

TC ENERGY INC., $57.86, is a buy. The company (Toronto symbol TRP; Shares o/s: 939.8 million; Market cap: $54.4 billion; TSINetwork Rating: Above Average; Dividend yield: 5.6%; www.transcanada.com) generates steady cash flow for investors mainly through its 92,600-kilometre pipeline network; it pumps natural gas from Alberta to eastern… Read More

Hold Canada’s top REITs

ISHARES S&P/TSX REIT INDEX ETF, $13.33, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets you tap all 19 Canadian real estate investment trusts in the S&P/TSX REIT Index.
Investors pay a reasonable MER of 0.61%, and the REIT fund gives you a.. Read More