U.S. activist investor has plans for Canada’s Open Text

U.S. activist investor has plans for Canada’s Open Text

A Member of Pat McKeough’s Inner Circle recently asked for his opinion on a Canadian software specialist that has attracted an activist investor from the U.S.

Open Text has a broad international market for its software, but the activist investor aims to raise the company’s… Read More

Dividend Advisor Hotline – Friday, May 18, 2018

SUN LIFE FINANCIAL INC., $55.83, Toronto symbol SLF, provides several financial services, including life insurance, individual wealth management and institutional asset management. Its clients are spread across North America and Asia.

With the June 2018 payment, the company will increase its quarterly dividend by 4.4%, to… Read More

Here’s our Pick of the Month

BROADRIDGE FINANCIAL SOLUTIONS $115.09 New York symbol BR; TSINetwork Rating: Average) (201-714-3000; www.broadridge.com; Shares outstanding: 116.7 million; Market cap: $13.6 billion; Dividend yield: 1.3%) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.
Broadridge is trading near new all-time highs this week after… Read More

Stock Pickers Digest Hotline – Friday, May 11, 2018

SYMANTEC CORP., $19.52, symbol SYMC on Nasdaq, sells computer-security technology, including antivirus and email-filtering software, to businesses and consumers.

The stock dropped 32% today after the company unexpectedly said it was looking into unspecified financial issues. It also warned it may have to amend financial results… Read More

Q: Pat: What do you think of Open Text? I also read that it’s the target of an activist investor.

A: Open Text, $47.10, symbol OTEX on Toronto (Shares outstanding: 263.1 million; Market cap: $12.5 billion; www.opentext.com), develops, markets, licenses and supports collaboration and enterprise-information-management software for corporate clients. That software stores, finds, and distributes information across corporate intranet and extranet networks as well as… Read More

Updating Broadridge Financial Solutions Inc.

BROADRIDGE FINANCIAL SOLUTIONS INC. $107 (New York symbol BR; High-Growth Dividend Payer Portfolio, Finance sector; Shares o/s: 116.7 million; Market cap: $12.5 billion; Divd. yield: 1.4%; Dividend Sustainability Rating: Above Average; www.broadridge.com) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.
Investor communications… Read More