Telus Corp.

BCE INC. $60.87 (Toronto symbol BCE; Shares outstanding: 868.6 million; Market cap: $52.9 billion; TSINetwork Rating: Above Average; Dividend yield: 4.5%; www.bce.ca) recently agreed to acquire MANITOBA TELECOM $37.67 (Toronto symbol MBT; Shares outstanding: 74.4 million; Market cap: $2.8 billion; TSINetwork Rating: Average; Dividend yield: 3.5%; www.mts.ca)....

TELUS CORP. $41 (www.telus.com) gets most of its revenue from its wireless and regular telephone divisions. In the past few years, it has expanded into other businesses. These include helping doctors and hospitals convert patient records to electronic formats....

IMPERIAL OIL LTD. $41 (www.imperialoil.ca) gets roughly a third of its production from its 71%-owned Kearl oil sands project, 70 kilometres north of Fort McMurray, Alberta. ExxonMobil (New York symbol XOM) holds the remaining 29%; Exxon also owns 69.9% of Imperial....

TELUS $41.50 (Toronto symbol T; Shares outstanding: 593.2 million; Market cap: $24.7 billion; TSINetwork Rating: Above Average; Dividend yield: 4.4%; www.telus.com) has agreed to sell 35% of its Telus International subsidiary to an Asian private equity firm....

TELUS $41.50 (Toronto symbol T; Shares outstanding: 593.2 million; Market cap: $24.7 billion; TSINetwork Rating: Above Average; Dividend yield: 4.4%; www.telus.com) has agreed to sell 35% of its Telus International subsidiary to an Asian private equity firm....

As an Inner Circle member, you’re no doubt familiar with our three-part investment advice. One of those key points is to invest mainly in well-established dividend-paying stocks. (The other two parts are to downplay stocks in the broker/media limelight and spread your money across most if not all the five main economic sectors: Manufacturing & Industry; Resources & Commodities; Consumer; Finance; and Utilities.)

With today’s low interest rates, investors continue to pay a lot of attention to dividend yields....

Dear Reader: Most successful investors describe themselves as buy-and-hold investors. But for many, their strategy is more like buy-and-hold-till-I-get-bored, or until I see or hear about something better on TV or the Internet.

Instead, rather than ―buy and hold‖, we prefer a “buy and watch closely” strategy....

SUNCOR ENERGY INC., $33.84, Toronto symbol SU, has had to reduce production at its main oil sands operations about 25 kilometres north of Fort McMurray, Alberta, due to severe wildfires. In the quarter ended March 31, 2016, these operations accounted for 95% of Suncor’s bitumen production. The fires have also slowed production at the Syncrude oil sands facility, about 35 kilometers north of Fort McMurray. Suncor recently purchased an additional 5.0% interest in the operation. It now owns 53.74% of project. Its latest share purchase was for $937 million. That’s equal to 1.4 times the company’s first quarter cash flow of $682 million, or $0.45 a share....

MANITOBA TELECOM SERVICES $37.43 (Toronto symbol MBT; Shares outstanding: 78.3 million; Market cap: $2.9 billion; TSINetwork Rating: Average; Dividend yield: 3.5%; www.mts.ca) has attracted a $3.1 billion takeover offer from BCE Inc. (see page 38). Under the deal, Manitoba Tel shareholders can choose either $40 in cash or 0.6756 shares of BCE for every MBT share they hold. However, BCE plans to limit its overall cash spending, so most Manitoba Tel investors will likely receive 55% of their payout in stock and the remainder in cash....

MANITOBA TELECOM SERVICES $37.43 (Toronto symbol MBT; Shares outstanding: 78.3 million; Market cap: $2.9 billion; TSINetwork Rating: Average; Dividend yield: 3.5%; www.mts.ca) has attracted a $3.1 billion takeover offer from BCE Inc. (see page 38). Under the deal, Manitoba Tel shareholders can choose either $40 in cash or 0.6756 shares of BCE for every MBT share they hold. However, BCE plans to limit its overall cash spending, so most Manitoba Tel investors will likely receive 55% of their payout in stock and the remainder in cash....