Dividend safe despite COVID closures

SAPUTO INC. $32 is still a hold. The company (Toronto symbol SAP; High-Growth Payer Portfolio, Consumer sector; Shares o/s: 408.0 million; Market cap: $13.1 billion; Divd. yield: 2.1%; Dividend Sustainability Rating: Above Average; www.saputo.com) is Canada’s largest producer of dairy products. It also operates dairies in the U.S., Australia… Read More

This retailer now leads your food returns

Investors can count food retailers among their best performers since the start of the COVID-19 outbreak in March and as self-isolating shoppers load up on food and other supplies. However, food and beverage producers have struggled with the sudden drop in sales to restaurants.
We still… Read More

Home Capital faces two challenges

HOME CAPITAL GROUP INC. $16 remains a hold for aggressive investors. The stock (Toronto symbol HCG; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 53.0 million; Market cap: $848.0 million; Price-to-sales ratio: 2.0; Dividend suspended in May 2017; TSINetwork Rating: Speculative; www.homecapital.com) lets you tap a mortgage lender serving… Read More

Lower costs should protect your dividends

As demand for their traditional products slows due to changing consumer tastes, Saputo and Molson are cutting their costs. Those savings will help them develop new products, and let them keep raising your dividends.
SAPUTO INC. $33 is still a hold. The company (Toronto symbol SAP; High-Growth Payer… Read More

SNC aims to cut your risk

SNC-LAVALIN GROUP INC. $27 is still a hold. The engineering company (Toronto symbol SNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 175.6 million; Market cap: $4.7 billion; Price-to-sales ratio: 0.5; Divd. yield: 0.3%; TSINetwork Rating: Average; www.snclavalin.com) is following a new strategy that mainly involves exiting… Read More

Saputo needs a new catalyst

SAPUTO INC. $41 is still a hold. Canada’s leading dairy producer (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 407.7 million; Market cap: $16.7 billion; Price-to-sales ratio: 1.2; Dividend yield: 1.7%; TSINetwork Rating: Average; www.saputo.com) continues to face growing competition from plant-based products such as almond… Read More