We have key updates on your dividend payers: Intact Financial Corp., Calian Group Ltd. and Newell Brands Inc.

Article Excerpt

INTACT FINANCIAL CORP. $151 is a buy. The company (Toronto symbol IFC; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 143.0 million; Market cap: $21.6 billion; Dividend yield: 2.2%; Dividend Sustainability Rating: Above Average; www.intactfc.com) will raise its quarterly dividend with the March 2020 payment. Investors will then receive $0.83 a share, up 9.2% from $0.76. The new annual rate of $3.32 yields 2.2%. In a bid to add value for investors, the company acquired OneBeacon Insurance Group for $1.7 billion U.S. in September 2017. The Minnesota-based insurance holding company focuses on property-casualty insurance. The stock has gained over 50% since the OneBeacon acquisition. Even so, the shares trade at a reasonable 18.6 times Intact’s forecast 2020 earnings of $8.12 a share. CALIAN GROUP LTD. $46 is a buy. The company (Toronto symbol CGY; High-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding; 7.9 million; Market cap: $363.4 million; Dividend yield: 2.4%; Dividend Sustainability Rating: Above Average; www.calian.com) has two main operations: Business and Technology Services (70% of revenue) provides…