Thomson Reuters Corp.

Toronto symbol TRI, divides its operations into two divisions: Markets, which provides financial information products to banks and other financial institutions; and Professional, which sells specialized information to professionals in the legal, accounting, scientific and healthcare fields.


Starting 2018, Thomson Reuters has worked to wind down its financial information business and use the proceeds to reward investors. Thanks to that strategy, its stock has soared 200% in the past five years. We feel Thomson can still go higher as it shifts its focus to niche areas where it has a competitive advantage like legal databases.


THOMSON REUTERS CORP....
BANK OF MONTREAL, $122.61, Toronto symbol BMO, remains a buy.

With the February 2023 payment, Bank of Montreal will raise your quarterly dividend by 2.9%, to $1.43 a share from $1.39. The new annual rate of $5.72 yields a high 4.7%.

In December 2021, the bank agreed to acquire California-based Bank of the West from France’s BNP Paribas for $16.3 billion U.S.

Bank of the West provides a variety of retail and commercial banking services to over 1.8 million customers through 514 branches in 24 states, mainly in the Western and Midwestern regions of the U.S....
PFIZER INC., $51.43, New York symbol PFE, is your #1 Income Buy for 2022.

The company is one of the world’s largest makers of prescription drugs. Its top-selling brands include Eliquis (stroke), Ibrance (breast cancer) and Prevnar (pneumonia).

Pfizer has increased its dividend rate each year since 2011....
LOBLAW COMPANIES LTD., $117.75, Toronto symbol L, is a buy.

The company operates 1,092 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....
Thomson Reuters continues to benefit from a new restructuring plan, which is cutting its costs and improving the appeal of its products. Upcoming sales of its stake in the London Stock Exchange will also give it more cash to reward investors.


THOMSON REUTERS CORP....
A key aspect of our Successful Investor approach is looking for stocks with hidden or underappreciated assets. Those assets include, for example, undervalued real estate holdings as well as the high research spending of technology companies.

Hidden assets also come in the form of businesses that a company can sell or spin off to unlock value for investors....
THOMSON REUTERS CORP. $148 is a buy. The company (Toronto symbol TRI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 485.8 million; Market cap: $71.9 billion; Price-to-sales ratio: 8.4; Dividend yield: 1.6%; TSINetwork Rating: Above Average; www.thomsonreuters.com) sells specialized information (mainly through electronic channels) to professionals in the legal, and tax and accounting fields....
NEWELL BRANDS INC. $20 remains a hold. The consumer products maker (Nasdaq symbol NWL; Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 413.6 million; Market cap: $8.3 billion; Dividend yield: 4.6%; Dividend Sustainability Rating: Above Average; www.newellbrands.com) last raised its quarterly dividend with the June 2017 payment....
THOMSON REUTERS CORP. $122 is still a buy. The company (Toronto symbol TRI; Conservative Growth Dividend Payer Portfolio, Manufacturing sector; Shares outstanding: 486.2 million; Market cap: $59.3 billion; Dividend yield: 1.9%; Dividend Sustainability Rating: Highest; www.thomsonreuters.com) sells specialized information and software to the legal, tax and accounting fields.


Thomson last raised your quarterly dividend with the March 2022 payment....
THOMSON REUTERS CORP. $120 is still a buy. The company (Toronto symbol TRI; Conservative Growth Portfolio, Manufacturing sector; Shares outstanding: 486.2 million; Market cap: $58.3 billion; Price-to-sales ratio: 7.2; Dividend yield: 1.9%; TSINetwork Rating: Above Average; www.thomsonreuters.com) reports that its revenue in the three months ended March 31, 2022, rose 5.7%, to $1.67 billion from $1.58 billion a year earlier (all amounts except share price and market cap in U.S....