Get a 4.6% yield from Russel Metals

Get a 4.6% yield from Russel Metals

A new agreement to combine operations with a rival will help the firm compete in a more challenging energy market.

The firm already has a large client base and it should soon have a more diverse product offering and business platform.

RUSSEL METALS INC. (Toronto symbol RUS;… Read More

Q: Hi, Pat. My question relates to the Horizons Active Preferred Share ETF. Compared to holding the preferred shares of individual companies, does an ETF like this provide any advantages? Is this the best one to buy if you want to buy such an ETF? Thanks!

A: Preferred shares behave more like long-term fixed-income instruments rather than short-term instruments. So, while short-term interest rates are still relatively low, the outlook for long-term interest rates is less certain.

The underlying credit quality of preferred share issuers can be a negative factor in some… Read More

These two are shifting to better businesses

Both of these information providers are shifting their focus to more-promising businesses. That bodes well for their future earnings, which should also support their dividends.
THOMSON REUTERS CORP. $108 remains a buy. The company (Toronto symbol TRI; Conservative Growth Portfolio, Consumer sector; Shares o/s: 495.7 million; Market cap:… Read More