Savings will cut ShawCor’s debt

SHAWCOR LTD. $16 (Toronto symbol SCL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 70.1 million; Market cap: $1.1 billion; Price-to-sales ratio: 0.8; Dividend yield: 3.8%; TSINetwork Rating: Average; acquired Edmonton-based ZCL Composites in April 2019. That firm makes fibreglass-reinforced plastic underground tanks… Read More

Aggressive stocks have a key role to play

Aggressive stocks, such as those featured in the portfolio on page 80, can lead to big returns. However, due to the risky or cyclical nature of their businesses, investment in higher-growth stocks can also produce big losses. That’s why you should limit your aggressive holdings… Read More

Dividend Advisor Hotline – Friday, March 15, 2019

GREAT-WEST LIFECO INC., $31.41, Toronto symbol GWO, is Canada’s second-largest insurance company, after Manulife Financial (Toronto symbol MFC). It also offers mutual funds and wealth management services.

Starting with the March 2019 payment, the company raised its quarterly dividend by 6.2%, to $0.413 a share from… Read More