recent acquisitions

BROOKFIELD RENEWABLE PARTNERS L.P. $38 (Toronto symbol BEP.UN; High-Growth Dividend Payer Portfolio, Utilities sector; Units outstanding: 310.0 million; Market cap: $11.8 billion; Dividend yield: 6.9%; Dividend Sustainability Rating: Above Average; www.bep.brookfield.com) has interests in 218 hydroelectric generating stations, 544 solar power fields, 105 wind farms, four biomass facilities and two natural gas-fired power plants.


Brookfield last raised its quarterly distribution by 5.0%, with the March 2018 payment....

The shares of Finning and Toromont have moved down lately in response to lower commodity prices. However, recent acquisitions put both companies in a strong position to expand their earnings when commodity prices rebound.


FINNING INTERNATIONAL INC....

The shares of Canada’s big five banks have moved down recently, mainly due to fears that a slowing economy and rising interest rates will cut demand for new loans. However, each of the five continue to lower their costs and expand outside of Canada. That should spur their future earnings and dividends.


TORONTO-DOMINION BANK $68 (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $122.4 billion; Price-to-sales ratio: 3.4; Dividend yield: 3.9%; TSINetwork Rating: Above Average; www.td.com) gets 56% of its earnings from its Canadian retail business....
FIRSTSERVICE CORP. $92.24 (Toronto symbol FSV; TSINetwork Rating: Extra Risk) (416-960-9500; www.firstservice.com; Shares outstanding: 34.6 million; Market cap: $3.2 billion; Dividend yield: 0.8%) set up its commercial real estate business, Colliers International Group, as a separate company on June 1, 2015....
Our complete guide to spinoffs is ready to download FREE: Spinoff Stock Investigator: All You Need to Know about Reaping the Rewards of Spinoffs.
MOTOROLA SOLUTIONS INC. $132 (New York symbol MSI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 163.5 million; Market cap: $21.6 billion; P/S ratio: 3.1; Divd yield: 1.7%; TSINetwork Rating: Average; www.motorolasolutions.com) makes communications equipment such as radios for police and fire vehicles.


Starting with the January 2019 payment, Motorola raises its quarterly dividend by 9.6%....
CISCO SYSTEMS INC. $47 (Nasdaq symbol CSCO; High-Growth Dividend Payer Portfolio, Manufacturing sector; Shares outstanding: 4.5 billion; Market cap: $211.5 billion; Dividend yield: 2.8%; Dividend Sustainability Rating: Above Average; www.cisco.com) makes hardware and software that links and manages computer networks.


The company paid its first quarterly dividend of $0.06 a share in March 2011....

Rising interest rates generally reduce the appeal of income stocks, including utilities. However, recent acquisitions by these four industry leaders—and their new projects—set them up for years of higher dividends.


CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $31 and CU.X [class B voting] $31; Income Portfolio, Utilities sector; Shares outstanding: 272.1 million; Market cap: $8.4 billion; Price-to-sales ratio: 1.9; Dividend yield: 5.1%; TSINetwork Rating: Above Average; www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia....
BROOKFIELD RENEWABLE PARTNERS L.P. $38 (Toronto symbol BEP.UN; High-Growth Dividend Payer Portfolio, Utilities sector; Units outstanding: 309.9 million; Market cap: $11.8 billion; Dividend yield: 6.6%; Dividend Sustainability Rating: Above Average; www.bep.brookfield.com) has interests in 218 hydroelectric generating stations, 544 solar facilities, 104 wind farms, four biomass facilities and two natural gas-fired power plants....