TD
BMO COVERED CALL CANADIAN BANKS ETF $23.26 (Toronto symbol ZWB) holds shares of Canada’s six largest banks (CIBC, TD Bank, Bank of Montreal, Bank of Nova Scotia, Royal Bank and National Bank).
The fund started up in January 2011....
The fund started up in January 2011....
A: Hamilton Enhanced Canadian Bank ETF, $28.52, symbol HCAL on Toronto, (Units outstanding: 13.5 million; Market cap: $385.0 million; www.hamiltonetfs.com), aims to track the Solactive Canadian Bank Mean Reversion Index.
This index invests in the biggest six Canadian banks—TD, Bank of Montreal, Royal Bank, CIBC, Bank of Nova Scotia and National Bank....
This index invests in the biggest six Canadian banks—TD, Bank of Montreal, Royal Bank, CIBC, Bank of Nova Scotia and National Bank....
TD BANK, $105.17, is a buy. The bank (Toronto symbol TD; Shares outstanding: 1.8 billion; Market cap: $188.2 billion; TSINetwork Rating: Above Average; Dividend yield: 3.4%) has rewarded investors now that Canada’s banking regulator has lifted the restrictions on dividends and share buybacks that were imposed due to COVID-19 economic concerns.
As a result, TD raised your dividend by 12.7% starting with the January 2022 payment....
As a result, TD raised your dividend by 12.7% starting with the January 2022 payment....
We have singled out two stocks and one ETF as your #1 buys for 2022. Each offers investors long-term growth prospects at a reasonable price. Meanwhile, all three have successfully weathered the pandemic over the last couple of years and are poised for solid gains as economic growth rebounds.
BANK OF NOVA SCOTIA, $93.10, is a #1 Buy for 2022. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $112.1 billion; TSINetwork Rating: Above Average; Dividend yield: 4.3%; www.scotiabank.com) is Canada’s third largest bank.
Bank of Nova Scotia continues to reverse last year’s big increase in loan-loss provisions as the pandemic eases and the economy re-opens....
BANK OF NOVA SCOTIA, $93.10, is a #1 Buy for 2022. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $112.1 billion; TSINetwork Rating: Above Average; Dividend yield: 4.3%; www.scotiabank.com) is Canada’s third largest bank.
Bank of Nova Scotia continues to reverse last year’s big increase in loan-loss provisions as the pandemic eases and the economy re-opens....
ALGONQUIN POWER & UTILITIES CORP., $17.86, Toronto symbol AQN, is a top pick for 2022.
The company has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services in Canada, the U.S., Chile and Bermuda; and the Renewable Power Group produces electricity from about 40 clean-energy plants in North America.
Algonquin last raised your quarterly dividend with the July 2021 payment....
The company has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services in Canada, the U.S., Chile and Bermuda; and the Renewable Power Group produces electricity from about 40 clean-energy plants in North America.
Algonquin last raised your quarterly dividend with the July 2021 payment....
SUNCOR ENERGY INC., $34.08, Toronto symbol SU, remains a buy.
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
Recent accidents at the Syncrude and Firebag oil sands projects cut the company’s oil production by 195,000 barrels per day in December 2021....
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
Recent accidents at the Syncrude and Firebag oil sands projects cut the company’s oil production by 195,000 barrels per day in December 2021....
FACTSET RESEARCH SYSTEMS INC., $427.11, symbol FDS on New York, is a leading provider of financial data and portfolio analytics to investment firms worldwide.
On December 27, 2021, FactSet announced that it would acquire CUSIP Global Services for $1.93 billion in cash....
On December 27, 2021, FactSet announced that it would acquire CUSIP Global Services for $1.93 billion in cash....
In addition to the top picks for 2022 and beyond that we feature this issue (including our #1 pick), we recommend the following three ETFs. All are poised to move up this year and to help you tap key market segments. For myriad reasons (see the Supplement on pages 19 and 20), each of the funds could significantly add to your 2022 returns.
First, we still feel that virtually all Canadians should have, say, 20% to 30% of their portfolio in U.S....
First, we still feel that virtually all Canadians should have, say, 20% to 30% of their portfolio in U.S....
ISHARES CANADIAN SELECT DIVIDEND INDEX ETF $31.65 (Toronto symbol XDV) lets you hold 30 of the highest-yielding Canadian stocks. The ETF also considers dividend growth and payout ratios to make its selections.
The weight of any one stock holding is limited to 10% of the fund’s assets....
The weight of any one stock holding is limited to 10% of the fund’s assets....
TORONTO-DOMINION BANK $101 is a buy. The lender (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $181.8 billion; Price-to-sales ratio: 4.2; Dividend yield: 3.5%; TSINetwork Rating: Above Average; www.td.com) is rewarding investors now that Canada’s banking regulator has lifted the restrictions on dividends and share buybacks that were imposed due to COVID-19 economic concerns.
As a result, TD will now raise your dividend by 12.7%....
As a result, TD will now raise your dividend by 12.7%....