monthly dividend

The shares of oil and gas stocks remain high as energy demand stays strong. We continue to recommend that most investors maintain some exposure to the oil and gas industry as part of a balanced portfolio. But, to cut risk, you should stick with producers that have positive cash flow even in times of low energy prices....

PIZZA PIZZA ROYALTY CORP. $13.28 (Toronto symbol PZA; Shares outstanding: 32.9 million; Market cap: $436.9 million; Dividend yield: 7.0%; 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....

K-BRO LINEN INC., $36.96, symbol KBL on Toronto, is the largest owner and operator of laundry and linen processing facilities in Canada. K-Bro operates across Canada and the U.K. and provides a range of linen services to healthcare institutions, hotels and other commercial accounts that include the processing, management and distribution of general linen and operating room linen.

K-Bro currently operates ten processing facilities and two distribution centres under two distinctive brands, including K-Bro Linen Systems Inc....

High interest rates boost bond yields—and their appeal with investors. Conversely, those high or rising rates can hurt the appeal of high-yield utilities, and their shares, since utilities are then forced to pay higher interest on their debt. However, with interest rates falling in Canada, and poised to fall in the U.S., the outlook for high-quality utilities is attractive for investors seeking high dividend yields and growth prospects.


Below we discuss two utilities ETFs....

BIRD CONSTRUCTION INC., $24.97, symbol BDT on Toronto, is a Toronto-based construction company that provides contracting services to various commercial, institutional, retail, residential, water, energy, and civil sectors. It operates in all Canadian provinces.

Bird announced on June 10, 2024, that it’s acquiring Jacob Bros Construction for $135 million....

The shares of oil and gas stocks remain high as energy demand stays strong. We continue to recommend that most investors maintain some exposure to the oil and gas industry as part of a balanced portfolio. But, to cut risk, you should stick with producers that have positive cash flow even in times of low energy prices....

EXCHANGE INCOME CORP. $47 (Toronto symbol EIF; Shares outstanding: 47.2 million; Market cap: $2.2 billion; Dividend yield: 5.6%; www.exchangeincomecorp.ca) operates in aviation and manufacturing.


The Aviation unit (60% of its revenue) serves communities in Manitoba, Ontario, Nunavut and eastern Canada through regional airlines....

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 government.

On January 3, 2024, Trimble announced it had completed the sale of its water monitoring assets to Badger Meter Inc....

ALTAGAS LTD., $27.08, Toronto symbol ALA, is a buy.

The company processes, transports, stores and markets natural gas for producers. It also operates natural gas utilities and is a power generator, with gas-fired, coal-fired, wind, biomass and hydroelectric plants.

Almost all of AltaGas’ assets are now in the U.S....

The shares of oil and gas stocks remain high as energy demand stays strong. We continue to recommend that most investors maintain some exposure to the oil and gas industry as part of a balanced portfolio. But, to cut risk, you should stick with producers that have positive cash flow even in times of low energy prices....