monthly dividend
FINNING INTERNATIONAL INC. $24 is still a buy. The company (Toronto symbol FTT; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 164.6 million; Market cap: $4.0 billion; Dividend yield: 3.4%; Dividend Sustainability Rating: Above Average; www.finning.com) The company sells and services Caterpillar-brand heavy equipment in Western Canada, South America and the U.K.
Finning last raised your quarterly dividend in June 2019....
Finning last raised your quarterly dividend in June 2019....
Procter & Gamble has been a terrific holding for our subscribers. Not only has it paid dividends for 129 years—and increased its payout annually for the past 63—the stock is also up an impressive 40% in the past year.
We’re confident the company will continue to add to the value for investors as savings from its ongoing cost-control plan frees up cash for new investments....
We’re confident the company will continue to add to the value for investors as savings from its ongoing cost-control plan frees up cash for new investments....
CHEVRON CORP. $110 remains a buy for investors. The leading integrated oil and gas producer (New York symbol CVX; Cyclical-Growth Dividend Payer Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $209.0 billion; Dividend yield: 4.3%; Dividend Sustainability Rating: Above Average; www.chevron.com) last raised your quarterly dividend by 6.2% with the March 2019 payment....
TOROMONT INDUSTRIES LTD. $71 is a buy. The company (Toronto symbol TIH; High-Growth Dividend Payer Portfolio; Manufacturing & Industry sector; Shares o/s: 81.8 million; Market cap: $5.8 billion; Dividend yield: 1.5%; Dividend Sustainability Rating: Above Average; www.toromont.com) distributes a range of industrial equipment, including Caterpillar machinery, in eastern Canada....
To protect value for investors, these two leading supermarket chains continue to adapt to a hugely competitive retail environment with smart acquisitions and cost controls. That puts them in a strong position to keep enhancing your returns with rising stock prices and dividends.
LOBLAW COMPANIES LTD....
LOBLAW COMPANIES LTD....
Canadian Utilities and parent company ATCO give investors two ways to buy essentially the same businesses. Still, income seekers should pick Canadian Utilities for its impressive dividend, while value investors should go with ATCO for its more modest p/e.
CANADIAN UTILITIES LTD....
CANADIAN UTILITIES LTD....
POWER CORP. $34 is still a buy. The holding company (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 377.4 million; Market cap: $12.8 billion; Dividend yield: 4.8%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) last raised its quarterly dividend by 6.0% with the June 2019 payment....
Lower interest rates in the U.S.—along with the possibility of more rate cuts in 2020—continue to limit earnings growth for these two lenders. However, investors continue to benefit from their strong businesses: demand for new loans remains high, while their loan losses remain low; and both continue to cut costs, providing the kind of solid earnings they need to keep rewarding you with higher dividends.
J.P....
J.P....
INTEL CORP. $66 is still a buy for our subscribers. The company (Nasdaq symbol INTC; Conservative Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 4.1 billion; Market cap: $283.8 billion; Dividend yield: 2.0%; Dividend Sustainability Rating: Above Average; www.intel.com) is the world’s leading maker of computer chips.
Intel has paid dividends continuously since 1992....
Intel has paid dividends continuously since 1992....
These two firms are using acquisitions to expand. While that adds risk for investors, their new businesses are solid and will spur your dividend increases for years to come.
INNERGEX RENEWABLE ENERGY INC. $19 is a buy. The stock (Toronto symbol INE; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 139.4 million; Market cap: $2.6 billion; Dividend yield 3.7%; Dividend Sustainability Rating: Above Average; www.innergex.com) lets you tap 37 hydroelectric plants, 26 wind farms and five solar power fields....
INNERGEX RENEWABLE ENERGY INC. $19 is a buy. The stock (Toronto symbol INE; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 139.4 million; Market cap: $2.6 billion; Dividend yield 3.7%; Dividend Sustainability Rating: Above Average; www.innergex.com) lets you tap 37 hydroelectric plants, 26 wind farms and five solar power fields....