transcontinental

TC Transcontinental is a leader in flexible packaging in the United States, Canada and Latin America. It is also Canada’s largest printer.

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ARCHER DANIELS MIDLAND CO., $62.00, New York symbol ADM, is still a hold.

The company processes corn, wheat, soybeans, flax seed and other crops into a variety of food ingredients such as flour, oils and sweeteners. It’s also a leading producer of ethanol from corn, a gasoline additive that reduces harmful emissions.

With the February 2024, payment, Archer raised your quarterly dividend by 11.1%, to $0.50 a share from $0.45....
THOMSON REUTERS CORP., $213.15, Toronto symbol TRI, is a buy.

The company now focuses on selling specialized information and software to the legal, tax and accounting fields. That follows the sale of 55% of its Refinitiv financial information business to Blackstone Group LP (New York symbol BX) on October 1, 2018, for $17 billion (all amounts except share price in U.S....

Thanks to a new cost-cutting plan, Transcontinental’s shares have rebounded nearly 40% since falling to $10 in November 2023. While the company remains vulnerable to an economic slowdown, it stands to gain as inflation eases and interest rates start to decline, possibly later this year....
We first recommended Canadian Pacific Railway (now called Canadian Pacific Kansas City) in the first issue of The Successful Investor in January 1995.

The stock moved up for our subscribers in the late 1990s, though much more slowly than Internet and technology stocks....
BANK OF NOVA SCOTIA, $63.32, Toronto symbol BNS, remains a buy.

Bank of Nova Scotia last raised your quarterly dividend with the July 2023 payment. Investors now receive $1.06 a share, up 2.9% from $1.03. The new annual rate of $4.24 yields a high 6.7%.

In the past few years, Bank of Nova Scotia has narrowed its international focus to four countries in Latin America—Mexico, Peru, Colombia and Chile....
BANK OF NOVA SCOTIA, $61.99, Toronto symbol BNS, remains a buy.

In the past few years, Bank of Nova Scotia has narrowed its international focus to four countries in Latin America—Mexico, Peru, Colombia and Chile. Those four markets—which the bank refers to as “the Pacific Alliance”—have favourable long-term demographics....
Shares of Transcontinental are down 30% in the past year on slowing demand at its commercial printing business. However, it continues to expand its packaging business, which cuts its exposure to the cyclical printing market. It’s also doing a good job controlling costs, which will let it keep paying its current dividend rate.


TRANSCONTINENTAL INC....
FINNING INTERNATIONAL INC., $36.86, Toronto symbol FTT, is a buy.

The company sells and services Caterpillar-brand heavy equipment in Western Canada, South America and the U.K.

With the June 2023 payment, Finning raised your quarterly dividend by 5.9%, to $0.25 a share from $0.236....
TELUS CORP., $24.79, Toronto symbol T, is still your #1 Income Buy for 2023.

The company is Canada’s second-largest wireless carrier (after BCE) with 12.16 million subscribers. It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.

With the July 4, 2023, payment, Telus increased your quarterly dividend by 3.6%, to $0.3636 a share from $0.3511....

TRANSCONTINENTAL INC. $15 is still a buy for aggressive investors. The company (Toronto symbol TCL.A; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 86.9 million; Market cap: $1.3 billion; Price-to-sales ratio: 0.4; Dividend yield: 6.0%; TSINetwork Rating: Average; www.tctranscontinental.com) is Canada’s leading commercial printer....