IGM’s outlook outshines its Power family

Investors in Great-West, IGM and their parent company Power Corp. enjoy high, sustainable dividend yields. For new buying, however, we prefer IGM and its parent.
GREAT-WEST LIFECO INC. $35 is a hold. The company (Toronto symbol GWO; Conservative Growth Payer Portfolio, Finance sector; shares outstanding: 931.9 million; Market… Read More

Two blue-chip stocks: one a buy, one a hold

Loblaw and Great-West are leading competitors in their respective markets; look for that to cut your ongoing risk. Still, for now, we see Great-West as a hold, while Loblaw remains a buy.
LOBLAW COMPANIES, $117.23, is a buy. The retailer (Toronto symbol L; Shares o/s: 322.7 million; Market cap:… Read More

Use our updates to enhance your portfolio

RIOCAN REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 309.1 million; Market cap: $5.6 billion; Price-to-sales ratio: 4.7; Distribution yield: 5.7%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 202 shopping centres and… Read More

Weak markets offset acquisition

GREAT-WEST LIFECO INC. $33 is a hold. Canada’s second-largest life insurer (Toronto symbol GWO; Conservative Growth Payer Portfolio, Finance sector; shares outstanding: 931.8 million; Market cap: $30.7 billion; Dividend yield: 5.9%; Dividend Sustainability Rating: Above Average; www.greatwestlifeco.com) last raised its quarterly dividend with the December 2021 payment. Investors now… Read More

Rising rates add risk for GWO

GREAT-WEST LIFECO INC. $37 is a hold. The insurer (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; shares outstanding: 927.7 million; Market cap: $34.3 billion; Price-to-sales ratio: 0.6; Dividend yield: 4.7%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) has now completed its $4.4 billion purchase… Read More