BANK OF MONTREAL $75 – Toronto symbol BMO

BANK OF MONTREAL $75 (Toronto symbol BMO; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 644.3 million; Market cap: $48.3 billion; Price-to-sales ratio: 2.9; Dividend yield: 4.4%; TSINetwork Rating: Above Average; www.bmo.com) is selling its U.S. retirement-services division to OneAmerica Financial Partners for… Read More

Updating IGM Financial Inc., Bank of Montreal and Loblaw Companies Ltd.

IGM FINANCIAL INC. $40 (Toronto symbol IGM; Conservative Growth Portfolio, Finance sector; Shares outstanding: 248.5 million; Market cap: $9.9 billion; Price-to-sales ratio: 3.4; Dividend yield: 5.6%; TSINetwork Rating: Above Average; www.igmfinancial.com) had $136.0 billion of assets under management as of June 30, 2015. That’s down… Read More

GREAT-WEST LIFECO $32.20 – Toronto symbol GWO

GREAT-WEST LIFECO $32.20 (Toronto symbol GWO; Shares outstanding: 999.5 million; Market cap: $32.7 billion; TSINetwork Rating: Above Average; Yield: 3.8%; www.greatwestlifeco.com) is Canada’s largest insurance company. It also offers mutual funds and wealth management. Power Financial owns 68.1% of Great-West.

Excluding costs to integrate Irish Life,… Read More

Irish acquisition spurs Great-West

Great-West completed its $1.75-billion purchase of Irish Life Group, Ireland’s largest pension manager and life insurance provider, in July 2013. Great-West has a long history of operating in Ireland, which cuts this deal’s risk. Moreover, Irish Life is immediately adding to Great-West’s earnings. GREAT-WEST LIFECO… Read More

GREAT-WEST LIFECO $30.31 – Toronto symbol GWO

GREAT-WEST LIFECO $30.31 (Toronto symbol GWO; Shares outstanding: 951.5 million; Market cap: $29.0 billion; TSINetwork Rating: Above Average; Yield: 4.1%; www.greatwestlifeco.com) is Canada’s largest insurance company. It also offers mutual funds, retirement planning and wealth management. Power Financial owns 68.2% of Great-West.

In the quarter ended… Read More

Great-West grows in Ireland

Great-West just closed its $1.75-billion purchase of Irish Life Group, Ireland’s largest pension manager and life insurance provider, with one million clients and $50 billion of assets under management. Great-West has a long history of operating in Ireland, which cuts this deal’s risk. It expects… Read More

GREAT-WEST LIFECO $24.20 – Toronto symbol GWO

GREAT-WEST LIFECO $24.20 (Toronto symbol GWO; Shares outstanding: 950.5 million; Market cap: $23.0 billion; TSINetwork Rating: Above Average; Dividend yield: 5.1%) is Canada’s largest insurance company, with $532.0 billion in assets under administration. It also sells mutual funds, retirement-planning and wealth management services. Power Financial… Read More

Smart growth spurs Great-West Lifeco

Dear safe-money investor, Great-West continues to report gains at all of its divisions. That’s mainly because of its conservative approach to expansion. This has kept it out of variable annuities and other stock-market-linked products that would require it to meet big… Read More

Go beyond the big banks with these four

When you select finance-sector investments, we recommend that you begin with Canada’s big-five banks due to their long record of profits and rising dividends.

We then recommend diversifying your holdings with non-bank finance stocks like these four. Conservative investors should stick with Great-West and IGM. More… Read More