monthly dividend
The coronavirus has highlighted the importance of big technology companies to the overall economy as employees shift to working from home. That trend will likely continue after the crisis as businesses gain from higher employee productivity and satisfaction.
Here are two leading tech firms that are poised to profit from that trend, and reward you with higher dividends.
MICROSOFT CORP....
T. ROWE PRICE GROUP INC. $93 is a buy for the Financial sector portion of your portfolio. The company (Nasdaq symbol TROW; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 236.0 million; Market cap: $21.9 billion; Dividend yield: 3.9%; Dividend Sustainability Rating: Highest; www.troweprice.com) is a leading seller of mutual funds and wealth management services.
With the March 2020 payment, T....
With the March 2020 payment, T....
These two REITs have recently completed multi-year restructuring plans that shifted their focus to much more promising properties. Moreover, both have held your distributions steady during their restructuring, and we feel they’re poised to add to your income following the current COVID-19 crisis.
H&R REAL ESTATE INVESTMENT TRUST $8.46 is a buy. Through your units in this REIT (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 286.7 million; Market cap: $2.4 billion; Dividend yield: 16.3%; Dividend Sustainability Rating: Above Average; www.hr-reit.com) you tap income from 455 properties: 33 office buildings, 311 retail developments, 87 industrial buildings and 24 residential properties....
H&R REAL ESTATE INVESTMENT TRUST $8.46 is a buy. Through your units in this REIT (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 286.7 million; Market cap: $2.4 billion; Dividend yield: 16.3%; Dividend Sustainability Rating: Above Average; www.hr-reit.com) you tap income from 455 properties: 33 office buildings, 311 retail developments, 87 industrial buildings and 24 residential properties....
Stock prices have dropped sharply in anticipation of a much wider spread of the coronavirus, and the deep economic setback that could result from its spread. That could happen—no one can predict the future. However, most sharp market downturns are temporary. Due to modern medicine and technology, the coronavirus impact is unlikely to get so big that it brings on a long-lasting stock-market decline.
Our advice is that if your stock holdings made sense for you a few weeks ago, in light of your investment goals, financial circumstances and temperament, then you should hang on to them.
You should also continue to follow our three-pronged Successful Investor strategy: Invest mainly in established companies; spread your money out across the five main economic sectors; and downplay or avoid stocks that are in the broker/media limelight.
But most important—with yields on many stocks currently so much higher than before the COVID-19 tumult and with many companies cutting their dividends—income investors need to pay close attention to our Dividend Sustainability Ratings.
In this, your latest issue of Dividend Advisor, you’ll also find several high-yielding stocks we recommend for new buying....
Our advice is that if your stock holdings made sense for you a few weeks ago, in light of your investment goals, financial circumstances and temperament, then you should hang on to them.
You should also continue to follow our three-pronged Successful Investor strategy: Invest mainly in established companies; spread your money out across the five main economic sectors; and downplay or avoid stocks that are in the broker/media limelight.
But most important—with yields on many stocks currently so much higher than before the COVID-19 tumult and with many companies cutting their dividends—income investors need to pay close attention to our Dividend Sustainability Ratings.
In this, your latest issue of Dividend Advisor, you’ll also find several high-yielding stocks we recommend for new buying....
We designed our Dividend Sustainability Rating to help our readers zero in on companies that can continue to pay you dividends (or even raise them) during economic downturns.
The COVID-19 coronavirus outbreak has already forced many firms to cut or suspend their dividends....
The COVID-19 coronavirus outbreak has already forced many firms to cut or suspend their dividends....
TELUS $51.39 is a #1 Buy for 2020. The stock (Toronto symbol T; Shares outstanding: 607.2 million; Market cap: $32.6 billion; TSINetwork Rating: Above Average; Dividend yield: 4.5%; www.telus.com) lets you tap Canada’s third-largest wireless carrier after Rogers Communications (No....
CENOVUS ENERGY, $9.32, is a buy for the Resources segment of your portfolio. The company (Toronto symbol CVE; Shares o/s: 1.2 billion; Market cap: $11.5 billion; TSINetwork Rating: Average; Dividend yield: 2.7%; www.cenovus.com) owns 100% of the Christina Lake and Foster Creek oil sands properties in Alberta....
Loblaw investors saw its e-commerce revenue top $1 billion in 2019. That’s almost double the retailer’s 2018 revenue, yet it represents just 2% of annual sales. The impressive growth online highlights the expanding prospects for investors but also Loblaw’s success in adapting to rapidly changing consumer demands and the proliferation of online competitors.
The company’s own online presence includes new services such as home ordering and in-store pickup or delivery....
The company’s own online presence includes new services such as home ordering and in-store pickup or delivery....
TC ENERGY INC., $73.25, is a buy. The company (Toronto symbol TRP; Shares o/s: 939.0 million; Market cap: $68.8 billion; TSINetwork Rating: Above Average; Dividend yield: 4.4%; 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 Canada and the U.S....
Oil and gas prices remain under pressure, but we still believe most investors benefit from maintaining some exposure to the industry as part of a balanced portfolio. Now more than ever, however, you should stick to producers with positive cash flow—despite low energy prices....