Power pays you a special dividend

POWER CORP. $41 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 676.5 million; Market cap: $27.7 billion; Dividend yield: 4.4%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) is a holding company with a diversified list of businesses. Its primary investments are controlling… Read More

Buy for spinoff gains and higher income

H&R REIT’s net asset value (NAV)—the market value of its properties minus any mortgage liabilities—stood at $22.77 a share as of September 30, 2021. That’s 33.9% more than the current trading price of the units.
To narrow that gap, H&R now plans to spin off its… Read More

Here are key updates on 3 dividend payers

SNAP-ON INC. $202 is still a hold. The company (New York symbol SNA; Conservative-Growth Dividend Payer Portfolio, Manufacturing sector; Shares o/s: 53.7 million; Market cap: $10.8 billion; Dividend yield: 2.4%; Dividend Sustainability Rating: Above Average; www.snapon.com) makes tools for auto mechanics and industrial customers.
Starting with the December 2020 payment,… Read More

Colombia’s future holds promise but also risks

Despite its decades-long image as a violent, drug-cartel-controlled country, Colombia entered a new phase of stability in 2016 when the government signed a peace accord with the FARC guerilla group.
Since then, the Colombian economy has fared relatively well compared to its peers in South America. The… Read More

A Yield to Caution

ABERDEEN ASIA-PACIFIC INCOME FUND $3.18 (Toronto symbol FAP; Shares outstanding: 50.7 million; Market cap: $161.2 million; Dividend yield: 8.5%; www.aberdeenstandard.com) invests in foreign currency bonds, mostly from Australia and Asian countries. The fund’s MER is a very high 1.18%.
Note that Asian countries also issue… Read More

Here are key updates on 3 dividend payers

INTEL CORP. $56 remains a buy. The computer chip maker (Nasdaq symbol INTC; Conservative-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 4.0 billion; Market cap: $224.0 billion; Dividend yield: 2.5%; Dividend Sustainability Rating: Above Average; www.intel.com) last raised your quarterly dividend by 5.3%… Read More