Blue chip ETFs focus on Canada

Blue chip ETFs focus on Canada

These two blue chip ETFs hold mostly large-capitalization, widely traded stocks on the Canadian exchange. Both funds mirror, or track, the performance of major stock market indexes as opposed to narrower ones focused on resources or themes, such as solar power or biotech.
Blue chip ETFs… Read More

Get 4.6% yield from Suncor Energy

Get 4.6% yield from Suncor Energy

Despite a 5.9% rise in average daily oil production in the most recent quarter, Suncor Energy’s benchmark price for oil sands crude fell 5.2%. This led to an 8.0% revenue decline, although the final number still beat the consensus forecast.

The stock trades at just 4.9… Read More

Dividend Advisor Hotline – Friday, March 1, 2024

LOBLAW COMPANIES LTD., $145.13, Toronto symbol L, is a buy.

The company operates 1,104 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills.

In March 2014, it purchased the Shoppers Drug Mart chain for $12.3 billion in cash and shares. Shoppers operates 1,351… Read More