oil prices
Oil prices dropped earlier this year in part because of a slowing Chinese economy. While they have recently started to climb, they remain down considerably from the spike following Russia’s invasion of Ukraine. Regardless, the dividends of these two major producers look secure thanks to their high-quality properties.
CHEVRON CORP....
CHEVRON CORP....
Oil prices shot up to over $120 U.S. a barrel in the wake of Russia’s invasion of Ukraine but have since eased to around $84 U.S. Despite that drop, Cenovus continues to pay down its debt. That improving balance sheet also sets you up for even higher dividends and buybacks, even if oil falls to $45 U.S.
CENOVUS ENERGY INC....
CENOVUS ENERGY INC....
IMPERIAL OIL LTD., $69.74, is a buy. The company (Toronto symbol IMO; Shares outstanding: 584.2 million; Market cap: $41.5 billion; TSINetwork Rating: Average; Dividend yield: 2.9%; www.imperialoil.ca) gets about 90% of its production from oil sands operations in Alberta....
IMPERIAL OIL LTD. $65 is a buy. This company (Toronto symbol IMO; Conservative and Income Growth Portfolios, Resources sector; Shares outstanding: 584.2 million; Market cap: $38.0 billion; Price-to-sales ratio: 0.7; Dividend yield: 3.1%; TSINetwork Rating: Average; www.imperialoil.ca) gets about 90% of its production from oil sands operations in Alberta....
Petro-Canada was Canada’s second largest integrated oil company. Its production centred on Western Canada before its sale to Suncor.
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CAMPBELL SOUP CO., $46.05, New York symbol CPB, is a buy for long-term gains.
Campbell last raised your quarterly dividend with the February 2021 payment. Investors now receive $0.37 a share, up 5.7% from $0.35. The new annual rate of $1.48 yields a solid 3.2%.
Under its new strategic plan, which began in 2018, Campbell sold most of its international and refrigerated-foods businesses....
Campbell last raised your quarterly dividend with the February 2021 payment. Investors now receive $0.37 a share, up 5.7% from $0.35. The new annual rate of $1.48 yields a solid 3.2%.
Under its new strategic plan, which began in 2018, Campbell sold most of its international and refrigerated-foods businesses....
CAE INC., $28.80, Toronto symbol CAE, remains a buy for long-term gains.
The company is a leading maker of flight simulators for commercial and military aircraft. It also operates pilot-training schools in over 35 countries and makes mannequins and other medical-simulators for training health professionals.
CAE continues to gain as air travel volumes return to pre-pandemic levels....
The company is a leading maker of flight simulators for commercial and military aircraft. It also operates pilot-training schools in over 35 countries and makes mannequins and other medical-simulators for training health professionals.
CAE continues to gain as air travel volumes return to pre-pandemic levels....
Despite a recent decision by OPEC to cut production, crude oil prices are still down about 10% since the start of 2023. That’s largely due to slowing economic growth in China, even after lifting most COVID-19 restrictions. High interest rates have also increased fears of a slowdown in the U.S....
IMPERIAL OIL LTD., $62.34, Toronto symbol IMO, is a buy.
This company gets about 90% of its production from oil sands operations in Alberta. Imperial also has conventional oil and natural gas operations in the West and holds stakes in offshore projects in Atlantic Canada.
Its other operations include three refineries (one in Alberta, two in Ontario) and a petrochemical plant in Sarnia, Ontario.
With the July 2023 payment, Imperial will raise your quarterly dividend by 13.6%, to $0.50 a share from $0.44....
This company gets about 90% of its production from oil sands operations in Alberta. Imperial also has conventional oil and natural gas operations in the West and holds stakes in offshore projects in Atlantic Canada.
Its other operations include three refineries (one in Alberta, two in Ontario) and a petrochemical plant in Sarnia, Ontario.
With the July 2023 payment, Imperial will raise your quarterly dividend by 13.6%, to $0.50 a share from $0.44....