Here are two high-growth buys—one is new!

These renewable power providers sell mostly under long-term supply contracts. The steady cash flows from those agreements support their high yields and cut your risk.
BROOKFIELD RENEWABLE PARTNERS LP $39 is a buy. The partnership (Toronto symbol BEP.UN; High-Growth Dividend Payer Portfolio, Utilities sector; Units outstanding: 275.2 million;… Read More

Enjoy a 4.9% yield from H&R REIT

Enjoy a 4.9% yield from H&R REIT

Spinoffs tend to work out well as investors generally prefer “pure-play” companies that focus on a single business.

This REIT’s retail property spinoff has enhanced its appeal. In addition, the spinoff has let the REIT raise its monthly dividend payment.

The Growing Power of Dividends

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The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks.

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H&R REIT (Toronto symbol HR.UN; www.hr-reit.com)… Read More

A Yield to Caution

PIZZA PIZZA ROYALTY CORP. $12.71 (Toronto symbol PZA; Shares outstanding: 24.6 million; Market cap: $312.7 million; Dividend yield: 6.4%; 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

Two new ETFs for Canadian investors

This month we highlight an ETF from Fidelity that invests in companies involved in the development of the metaverse. That’s in addition to an ETF from Horizons that invests in Canadian utility companies.
FIDELITY TOTAL METAVERSE INDEX ETF $9.42 (Toronto symbol FMTV) invests globally in companies that contribute to… Read More

Pembina hikes its dividend

PEMBINA PIPELINE, $46.38, is a buy. The company (Toronto symbol PPL; Shares outstanding: 554.3 million; Market cap: $26.1 billion; TSINetwork Rating: Average; Dividend yield: 5.4%; www.pembina.com) operates pipelines that carry half of Alberta’s conventional oil and almost all of B.C.’s oil. Investors also gain exposure to the company’s facilities… Read More

We see one of these new ETFs as a buy

This month we highlight both a copper exchange traded fund from Horizons and a high-income ETF from Harvest Portfolio Group.
HORIZONS COPPER PRODUCERS INDEX ETF $20.20 (Toronto symbol COPP) aims to track the Solactive North American Listed Copper Producers Index. This index invests in copper mining firms that are… Read More

Focus on high yields that are sustainable

High-yielding ETFs have appeal for income-seeking investors. The income they provide can also provide a buffer in declining markets. However, you need to look closely at the strategies that let those ETFs pay their high yields—and whether they are worth the risks.
Below we look at… Read More

Q: Hi, Pat and team, what are your thoughts on Whitecap Resources (TSX:WCP)? They seem to check a lot of boxes for me in the small-cap energy sector. I know you warn of risks of growth by acquisition. What’s your take? Cheers!

A: Whitecap Resources Inc., $9.51, symbol WCP on Toronto (Shares outstanding: 626.3 million; Market cap: $6.1 billion; www.wcap.ca), produces and explores for oil and natural gas in Western Canada. Oil makes up 74% of its daily output; the remaining 26% is gas.

In the three months… Read More

Two new ETFs for Canadian investors

This month, we highlight two actively managed ETFs from Middlefield Group that were recently converted from closed-end funds.
MIDDLEFIELD INNOVATION DIVIDEND ETF $11.43 (Toronto symbol MINN) invests in companies that derive a major portion of their revenue from products or services related to major technological innovations.
The ETF is actively… Read More