suncor
Exchange-traded funds (ETFs) give you a low-cost, flexible alternative to mutual funds. Here are five ETFs we recommend and one to sell.
These two Canadian ETFs track Canada’s best-established indexes and provide low-fee exposure to widely traded blue chip stocks.
Canadian Tire offers a 4.5% yield and has our Highest TSI Dividend Sustainability Rating – it’s a buy and we feel more price gains are on the way
Exchange traded funds (ETFs), including Canadian ETFs, are set up to mirror the performance of a stock market index or subindex.
You pay brokerage commissions to buy and sell these blue chip ETFs. But their low management fees give them a cost advantage.
Suncor Energy offers a strong 4.7% yield as it demonstrates strong operational performance and plenty of integrated resilience against lower oil prices.
The long-term push to sharply cut oil and gas use—including through renewable power generation and electric vehicles (EVs)—will continue. But at the same time, it’s clear that there will be a continuingly prominent role for oil and gas for some time. That means top oil and gas firms will keep profiting—and paying high dividends.
Here are three ETFs that focus on the traditional sources of energy....
Here are three ETFs that focus on the traditional sources of energy....
Both Suncor and Imperial Oil plan to increase their crude oil production in 2025. The higher output will also let them keep rising their dividends.
SUNCOR ENERGY INC. $49 is a buy. This oil producer (Toronto symbol SU; Cyclical-Growth Payer Portfolio, Resources sector; Shares outstanding: 1.3 billion; Market cap: $63.7 billion; Dividend yield: 4.7%; Dividend Sustainability Rating: Above Average; www.suncor.com) is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands....
Imperial Oil recently traded near its all-time high, before falling back with the market downturn. Even so, for our subscribers, that still translates into a whopping 1,406.6% gain since we first recommended the stock as a buy in April 1995!
Nonetheless, we think Imperial can go even higher....
Nonetheless, we think Imperial can go even higher....