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

Top telecoms give you income and growth

Telecommunications form an integral part of economic infrastructure. But at the same time, strict licensing standards and high capital requirements result in considerable barriers to entry for new rivals. Meanwhile, top telecommunication companies offer strong cash flow, attractive p/e’s, rising dividends and growth prospects.
Below we… Read More

IBM teams up with Verizon

IBM, $139.18, is still a buy. The stock (New York symbol IBM; Shares outstanding: 896.3 million; Market cap: $123.2 billion; TSINetwork Rating: Above Average; Yield: 4.7%) is one of the world’s largest computer companies, with operations in over 175 countries.
IBM paid $34 billion for… 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.