Saputo expands beyond dairy

SAPUTO INC. $41 is still a hold. The dairy producer (Toronto symbol SAP; High-Growth Payer Portfolio, Consumer sector; Shares o/s: 410.4 million; Market cap: $16.8 billion; Divd. yield: 1.7%; Dividend Sustainability Rating: Above Average; www.saputo.com) raised its quarterly dividend by 2.9% with the September 2020… Read More

Here are key updates on our dividend payers: Archer Daniels Midland, NortonLifeLock and Saputo

ARCHER DANIELS MIDLAND CO. $50 is a buy. The stock (New York symbol ADM; High-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 556.1 million; Market cap: $27.8 billion; Dividend yield: 3.0%; Dividend Sustainability Rating: Above Average; www.adm.com) processes corn, wheat, soybeans, flax seed, peanuts and other crops into… Read More

Restaurant closures hurt Saputo

SAPUTO INC. $35 is still a hold. The company (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 408.7 million; Market cap: $14.3 billion; Price-to-sales ratio: 1.0; Dividend yield: 2.1%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products, including milk, butter… Read More