Our food sellers better handle inflation

Statistics Canada recently reported that food prices in Canada rose 10.8% on an annual basis. That’s mainly because food producers are raising their selling prices to offset higher costs for ingredients, transportation and labour.
We feel the best way to profit from higher food prices is… Read More

Key updates for dividend investors

SAPUTO INC. $33 is still a hold. The dairy producer (Toronto symbol SAP; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 418.1 million; Market cap: $13.8 billion; Dividend yield: 2.2%; Dividend Sustainability Rating: Above Average; www.saputo.com) last raised its quarterly dividend by 2.9% with the September 2021 payment. The new… Read More

Lower costs will help Saputo cope

Dairy products maker Saputo recently began a multi-year restructuring plan to improve productivity and help it cope with rising fuel, labour and other costs. It also stands to gain as restaurants see business ramp up following COVID lockdowns. Still, the stock will likely trade in… Read More

Key updates for dividend investors

STANLEY BLACK & DECKER INC. $119 is a buy. The company (New York symbol SWK; Conservative Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 151.0 million; Market cap: $18.0 billion; Dividend yield: 2.7%; Dividend Sustainability Rating: Above Average; www.stanleyblackanddecker.com) is one of the world’s largest makers of hand… Read More

Three key updates to spur your success

SAPUTO INC. $30 is a hold. The company (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 414.4 million; Market cap: $12.4 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.4%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products. It also operates dairies in the U.S.,… Read More