monthly dividend
PIZZA PIZZA ROYALTY CORP. $14.35 (Toronto symbol PZA; Shares outstanding: 24.6 million; Market cap: $353.0 million; Dividend yield: 6.3%; 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....
Those exclusive names are licensed to Pizza Pizza for 99 years....
This month we’re adding AltaGas to our regular TSI Dividend Advisor coverage.
This natural gas pipeline operator and processor shifted its focus to the U.S. following a big acquisition in 2018. Since then, it has sold less-important assets to pay down the loans it needed to fund the purchase.
AltaGas also gets most of its revenue from rate-regulated businesses, as well as take-or-pay contracts with annual adjustments linked to inflation....
This natural gas pipeline operator and processor shifted its focus to the U.S. following a big acquisition in 2018. Since then, it has sold less-important assets to pay down the loans it needed to fund the purchase.
AltaGas also gets most of its revenue from rate-regulated businesses, as well as take-or-pay contracts with annual adjustments linked to inflation....
Tamarack Valley reported 60% higher cash flow while it now yields 3.8% from its existing oil and gas production.
CISCO SYSTEMS INC., $53.76, Nasdaq symbol CSCO, is a buy.
Through the stock, investors tap a global producer of hardware and software that links and manages computer networks.
Cisco last raised your quarterly dividend with the April 2023 payment....
Through the stock, investors tap a global producer of hardware and software that links and manages computer networks.
Cisco last raised your quarterly dividend with the April 2023 payment....
ROYAL BANK OF CANADA, $122.85, Toronto symbol RY, is a buy.
Canada’s largest bank by market capitalization raised your quarterly dividend by 2.3% with the August 2023 payment. Investors now receive $1.35 a share instead of $1.32. The new annual rate of $5.40 yields a solid 4.4%.
The bank continues to benefit from higher interest income on its loans due to higher interest rates....
Canada’s largest bank by market capitalization raised your quarterly dividend by 2.3% with the August 2023 payment. Investors now receive $1.35 a share instead of $1.32. The new annual rate of $5.40 yields a solid 4.4%.
The bank continues to benefit from higher interest income on its loans due to higher interest rates....
The shares of oil and gas stocks remain high as energy demand remains 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....
A: Keyera Corp., $32.86, symbol KEY on Toronto (Shares outstanding: 229.2 million; Market cap: $7.5 billion; www.keyera.com), engages in the gathering and processing of natural gas; and the transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the U.S.
The company operates in the oil and gas industry between the upstream segment, which includes oil and gas exploration and production, and the downstream segment, which includes the refining, distribution and retail marketing of the end product.
Keyera is organized into three operating segments:
The company operates in the oil and gas industry between the upstream segment, which includes oil and gas exploration and production, and the downstream segment, which includes the refining, distribution and retail marketing of the end product.
Keyera is organized into three operating segments:
- Gathering and Processing. Keyera owns and operates raw gas gathering pipelines and processing plants, which collect and process natural gas, remove waste products and separate the economic components—primarily NGLs....
TRANSALTA RENEWABLES INC. $13 is a hold. The company (Toronto symbol RNW; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 266.9 million; Market cap: $3.5 billion; Dividend yield: 7.2%; Dividend Sustainability Rating: Above Average; www.transaltarenewables.com) owns 26 wind and solar farms, 11 hydroelectric facilities, eight natural gas generation plants, two solar power facilities, a natural gas pipeline and one battery storage facility....
TRANSALTA RENEWABLES INC., $13.24, Toronto symbol RNW, is now a hold.
The company owns 26 wind and solar farms, 11 hydroelectric facilities, eight natural gas generation plants, two solar power facilities, a natural gas pipeline and one battery storage facility....
The company owns 26 wind and solar farms, 11 hydroelectric facilities, eight natural gas generation plants, two solar power facilities, a natural gas pipeline and one battery storage facility....
FREEHOLD ROYALTIES LTD., $13.68, symbol FRU on Toronto, holds the oil and natural gas rights on 6.4 million acres of land, mostly in Alberta and Saskatchewan, but also in British Columbia, Manitoba and Ontario. It has 900,000 acres of land in North Dakota, Louisiana and Texas.
The company collects royalties from over 380 oil and gas producers operating over 18,000 wells on its land....
The company collects royalties from over 380 oil and gas producers operating over 18,000 wells on its land....