Q: My daughter bought shares in Loblaw last year and now with the recent changes has 13 shares of George Weston. She would like to add to her Loblaw shares, but is not sure what to do with her George Weston shares. Would it make sense to sell them and just add to her Loblaw shares or keep both and add to the George Weston holdings?

A: Loblaw Companies, $64.96, symbol L on Toronto (Shares outstanding: 369.0 million; Market cap: $24.0 billion; www.loblaw.ca), transferred its stake in Choice Properties REIT (symbol CHP.UN on Toronto) to its parent company George Weston Ltd., $91.86, symbol WN on Toronto (Shares outstanding: 153.4 million; Market… Read More

Our top dividend stocks for 2019

We’ve selected CIBC, Cisco Systems and Choice Properties REIT as our top dividend picks for 2019. All three stocks offer high yields, and will likely increase their dividends this year. What’s more, each trades at an attractive multiple to its projected earnings or cash flow.

Loblaw is now a pure-play retailer

Loblaw recently transferred its majority stake in Choice Properties REIT to its parent company, George Weston. As a result of that reorganization, Loblaw can now focus exclusively on expanding profits for its main retailing operations.
For example, the company recently launched a new enhanced delivery program… Read More

Each of these is a buy for consumer gains

LOBLAW COMPANIES $62.07 (Toronto symbol L; Shares outstanding: 375.3 million; Market cap: $23.0 billion; TSINetwork Rating: Above Average; Dividend yield: 1.7%; www.loblaw.ca) operates 1,082 supermarkets and 1,335 Shoppers Drug Mart pharmacies across Canada.
On November 1, 2018, Loblaw transferred its stake in Choice Properties REIT (see page 90)… Read More

These REITs feature steady distributions

CHOICE PROPERTIES REIT $12 (Toronto symbol CHP.UN; Cyclical-Growth Payer Portfolio; Manufacturing & Industry sector; Units o/s: 277.2 million; Market cap: $3.3 billion; Divd. yield: 6.2%; Dividend Sustainability Rating: Above Average; www.choicereit.ca) acquired Canadian REIT (old symbol REF.UN) on May 7, 2018. The merger created Canada’s biggest real estate… Read More