Dividend Advisor Hotline – Friday, December 3, 2021

TORONTO-DOMINION BANK, $95.59, Toronto symbol TD, is a buy.

Canada’s banking regulator—the Office of the Superintendent of Financial Institutions (OFSI)—has lifted the restrictions on capital distributions it placed on banks and insurers in March 2020 due to COVID-19 uncertainty.

That’s why TD is now raising your dividend… Read More

Faster networks will fuel this dividend

U.S. telecommunications giant Verizon recently sold its Internet media business as it shifts its focus to building out its ultrafast 5G wireless networks. Despite the high cost of these projects, the additional revenue and profits should let Verizon keep raising your dividend.

Get a 4.5% yield from Verizon

Get a 4.5% yield from Verizon

Subscriber growth and higher-value subscribers led to a 10.8% jump in revenue for this company during the most-recent quarter. 

The firm is selling its media businesses which have struggled in the face of strong competition. That will let it focus on its main wireless and high-speed… Read More

Verizon’s narrower focus will pay off

Verizon is now selling its media businesses, primarily its popular websites like Yahoo, AOL and Huffington Post. They have struggled in the face of strong competition from Google and Facebook. The sale will let Verizon focus on expanding its main wireless and high-speed Internet services… Read More