Q: Pat, could I get your recommendation on the BMO Canadian High Dividend Covered Call ETF (TSX: ZWC)? Thanks.

A: BMO Canadian High Dividend Covered Call ETF, $18.36, symbol ZWC on Toronto (Units outstanding: 21.1 million; Market cap: $387.4 million; www.bmo.com/gam/ca/investor/products/etfs), focuses on mostly high-quality Canadian stocks. Its top holdings are BCE at 4.2%; Pembina Pipeline, 4.0%; CIBC, 3.8%; Enbridge, 3.7%; Nutrien, 3.6%; Telus… Read More

New U.S. assets spur Pembina

Pembina’s $9.7 billion purchase of Veresen Inc. late last year has already proven a great fit for the company: Veresen’s U.S. exposure and its assets, including a 50% stake in the Alliance natural-gas pipeline, have broadened Pembina’s operations. Veresen should also continue to boost Pembina’s… Read More

New projects will spur their dividends

PEMBINA PIPELINE CORP. $45 (Toronto symbol PPL; High-Growth Dividend Payer Portfolio; Utilities sector; Shares outstanding: 504.3 million; Market cap: $22.7 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Above Average; www.pembina.com) owns pipelines that carry almost all of B.C.’s oil and half of Alberta’s conventional oil. Its network also… Read More

Pembina and Innergex are both buys

PEMBINA PIPELINE $45.01 (Toronto symbol PPL; Shares outstanding: 502.4 million; Market cap: $22.6 billion; TSINetwork Rating: Average; Dividend yield: 3.9%; www.pembina.com) owns pipelines that carry almost all of B.C.’s oil and half of Alberta’s conventional oil. In addition, its network transports 30% of Western Canada’s natural… Read More

Four dividend ETFs—four strategies

Rising interest rates mean dividend-paying stocks and fixed-income instruments must increasingly compete for investor interest. However, sustainable dividends still offer an attractive and growing income stream for investors (see supplement on page 50).
Here are four ETFs that provide exposure to Canadian, U.S. and international dividend… Read More

Our top three picks for 2018

Dear safe-money investor:

We’ve selected our top picks for 2018—one stock, one real estate investment trust (REIT) and one exchange-traded fund (ETF). Each offers an attractive combination of growth prospects and a reasonable price.

We feel that investors will profit the most by holding a well-balanced… Read More

Pembina offers low-risk growth and income

PEMBINA PIPELINE CORP. $43 (Toronto symbol PPL; High-Growth Dividend Payer Portfolio; Utilities sector; Shares outstanding: 503.0 million; Market cap: $21.6 billion; Dividend yield: 5.0%; Dividend Sustainability Rating: Above Average; www.pembina.com) owns pipelines that carry almost all of B.C.’s oil and half of Alberta’s conventional oil… Read More