Toronto-Dominion Bank
The shares TD Bank have dropped 24% from their recent peak of $109 in February 2022. That’s mainly because rising interest rates have forced it set aside more funds for potential loan defaults. At the same time, higher interest rates could trigger a recession, which would cut demand for new loans....
TD 1ST PREFERRED CLASS A SERIES 1 $17 (Toronto symbol TD.PF.A) is a preferred-share issue from TD Bank (symbol TD on Toronto).
The TD Series 1 preferreds yield 5.3%. That’s higher than the 4.5% offered by the bank’s common shares.
Note, though, that preferred shares behave more like long-term, fixed-income instruments than short-term instruments....
The TD Series 1 preferreds yield 5.3%. That’s higher than the 4.5% offered by the bank’s common shares.
Note, though, that preferred shares behave more like long-term, fixed-income instruments than short-term instruments....
The large U.S.-based fund manager Fidelity has steadily expanded its ETF offerings—both in its home market and in Canada. Here’s a look at two of the six new Fidelity funds recently launched in the Canadian market.
FIDELITY GLOBAL INNOVATORS ETF $10.92 (NEO Exchange symbol FINN) invests globally in companies that the managers feel stand to benefit from the application of new technologies or that employ innovative business models.
The ETF launched on May 19, 2023, and holds $46.4 million in assets....
FIDELITY GLOBAL INNOVATORS ETF $10.92 (NEO Exchange symbol FINN) invests globally in companies that the managers feel stand to benefit from the application of new technologies or that employ innovative business models.
The ETF launched on May 19, 2023, and holds $46.4 million in assets....
High interest rates mean dividend-paying stocks must increasingly compete for investor interest with bonds and other fixed-income instruments. However, focusing on sustainable dividends still offers an attractive and growing income stream for investors—as long as you avoid the riskier strategies that some ETF managers use to boost their yields (see supplement on page 60).
Here are three ETFs that aim to provide high-yield exposure to Canadian, as well as U.S., dividend payers.
VANGUARD FTSE CANADIAN HIGH DIVIDEND ETF $42.00 (Toronto symbol VDY; TSINetwork ETF Rating: Aggressive; Market cap: $2.1 billion) tracks the FTSE Canada High Dividend Yield Index....
The top Canadian companies to invest in are mainly blue chip stocks with a proven history of success. Learn what to look for in these stocks now.
ENBRIDGE INC., $54.69, Toronto symbol ENB, is a buy.
The company operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to 3.8 million consumers in Ontario.
With the March 2023 payment, Enbridge will raise your quarterly dividend by 3.2%....
The company operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to 3.8 million consumers in Ontario.
With the March 2023 payment, Enbridge will raise your quarterly dividend by 3.2%....
TD BANK, $89.53, (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $162.4 billion; TSINetwork Rating: Above Average; Divd. yield: 4.0%; www.td.com) is a buy. In 2015, the bank purchased retailer Nordstrom Inc.’s (New York symbol JWN) credit card portfolio....
HOME CAPITAL GROUP INC., $42.55, Toronto symbol HCG, remains a hold.
The company is a mortgage lender serving borrowers who fail to meet the stricter standards of Canada’s big banks and other larger, traditional lenders.
The stock shot up 58% this week after the company accepted a friendly takeover offer of $44.00 a share from Smith Financial Corp....
The company is a mortgage lender serving borrowers who fail to meet the stricter standards of Canada’s big banks and other larger, traditional lenders.
The stock shot up 58% this week after the company accepted a friendly takeover offer of $44.00 a share from Smith Financial Corp....
TD BANK, $87.91, (Toronto symbol TD; Shares outstanding: 1.8 billion; Market cap: $158.1 billion; TSINetwork Rating: Above Average; Dividend yield: 4.1%; www.td.com) has formed a new alliance with Canada Post.
Under the deal, TD will offer personal loans through Canada Post outlets....
Under the deal, TD will offer personal loans through Canada Post outlets....
TORONTO-DOMINION BANK $81 is a buy. The lender (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $145.8 billion; Price-to-sales ratio: 3.3; Dividend yield: 4.4%; TSINetwork Rating: Above Average; www.td.com) has formed a new alliance with Canada Post.
Under the deal, TD will offer personal loans through Canada Post outlets....
Under the deal, TD will offer personal loans through Canada Post outlets....