Dividend Advisor Hotline – Friday, February 19, 2021

INTACT FINANCIAL CORP., $144.33, Toronto symbol IFC, is a buy.

The company is Canada’s largest provider of property and casualty insurance. Intact insures more than five million individuals and businesses. Its major brands are Intact Insurance, Canada BrokerLink and belairdirect.

Intact last raised its quarterly dividend by… Read More

Now’s a good time to buy these REITs

The market plunge in the wake of the COVID-19 crisis lowered prices for most REITs. That’s because the pandemic forced many businesses to temporarily close. This hurt rent collection for REITs, and cut cash available for distributions. However, these two REITs remain attractive thanks to… Read More

RioCan REIT offers a high 9.9% yield

RioCan REIT offers a high 9.9% yield

The market plunge in the wake of the COVID-19 crisis lowered prices for most REITs as the pandemic forced many businesses to temporarily close. That hurt rent collection and cut cash available for distributions.

However, this REIT’s distribution payments look secure thanks to high-quality properties… Read More

RioCan’s malls still vital despite pandemic

RioCan’s units have suffered as COVID-19 prompts more consumers to shop online instead of at its malls. However, most of its tenants provide essential products and services. That strengthens the reliability of their rental payments and will let RioCan maintain its current distribution rate.
RIOCAN REAL… Read More

RioCan cuts its risk

RIOCAN REAL ESTATE INVESTMENT TRUST, $14.06, is a buy. The REIT (Toronto symbol REI.UN; Units o/s: 317.7 million; Market cap: $4.4 billion; TSINetwork Rating: Average; Divd. yield: 10.2%; www.riocan.com) offers you a stake in 221 shopping centres and other properties across Canada. They include 15 projects… Read More

Hold off on new buying

ISHARES S&P/TSX REIT INDEX ETF, $14.53, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets you tap all 21 Canadian real estate investment trusts in the S&P/TSX REIT Index. Investors pay a MER of 0.61%, and the REIT fund gives you a.. Read More