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You Can See Our Income-Seeking Portfolio For June 2025 Here.
This month we update our Portfolio for Income-Seeking Investors.
In light of the current market volatility, investors are paying more attention to dividend yields (dividends paid per share divided by the current stock price)....
TC ENERGY CORP. $71 (www.tcenergy.com) is a buy. The company now plans to spend $900 million U.S. to expand its gas pipeline system that supplies natural gas to power plants in the U.S. Midwest. That will let it tap into growing demand for power by datacentres that run energy-intensive artificial intelligence programs....
Teck Resources has now completed its plan to focus solely on its copper and zinc projects. That should let it tap into the growing need for these metals for electric-powered vehicles (EVs). Moreover, the metals it ships from its facilities in Canada comply with the U.S.-Mexico-Canada trade agreement....
EMERA INC. $61 is a buy. The company (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 295.9 million; Market cap: $18.0 billion; Price-to-sales ratio: 2.5; Dividend yield: 4.8%; TSINetwork Rating: Average; www.emera.com) owns Nova Scotia Power, that province’s main electricity supplier, as well as Teco Energy, which supplies electricity and natural gas in Tampa Bay, Florida....
RIOCAN REAL ESTATE INVESTMENT TRUST $17 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 292.7 million; Market cap: $5.0 billion; Price-to-sales ratio: 4.0; Distribution yield: 6.8%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 177 shopping centres and mixed-use properties.
The Hudson’s Bay Company (HBC) is now closing its 96 department stores....
METRO INC. $107 is a buy. The supermarket and drugstore operator (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 222.0 million; Market cap: $23.8 billion; Price-to-sales ratio: 1.1; Dividend yield: 1.4%; TSINetwork Rating: Average; www.metro.ca) continues to benefit from its broad range of food, drugs and more, as well as the “Buy Canadian” trend....
New U.S. tariffs on imported goods have weighed on the shares of these two railways. However, both are doing a good job controlling their costs, which should continue to fuel their earnings.
CANADIAN PACIFIC KANSAS CITY LTD. $102 is a buy. The company (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 930.5 million; Market cap: $94.9 billion; Price-to-sales ratio: 6.4; Dividend yield: 0.9%; TSINetwork Rating: Above Average; www.cpkcr.com) ships freight over a 32,190-kilometre rail network that connects major hubs in Canada, the U.S....
CANADIAN PACIFIC KANSAS CITY LTD. $102 is a buy. The company (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 930.5 million; Market cap: $94.9 billion; Price-to-sales ratio: 6.4; Dividend yield: 0.9%; TSINetwork Rating: Above Average; www.cpkcr.com) ships freight over a 32,190-kilometre rail network that connects major hubs in Canada, the U.S....
Saputo shares are up as it looks like Canada will defend the domestic dairy industry during negotiations for any new North American trade deal. Even if foreign import quotas are eased, driving down prices, the company’s large presence in Canada and the U.S....
TOROMONT INDUSTRIES LTD. $112 is a buy. The company (Toronto symbol TIH; Aggressive Growth Portfolio; Manufacturing sector; Shares outstanding: 81.3 million; Market cap: $9.1 billion; Price-to-sales ratio: 1.8; Dividend yield: 1.9%; TSINetwork Rating: Extra Risk; www.toromont.com) distributes a broad range of Caterpillar and other branded industrial equipment in eastern Canada and the Eastern Seaboard of the U.S....
SUNCOR ENERGY INC. $47 is a buy. Canada’s largest integrated oil producer (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.2 billion; Market cap: $56.4 billion; Price-to-sales ratio: 1.1; Dividend yield: 4.9%; TSINetwork Rating: Average; www.suncor.com) produced a record 853,200 barrels a day in the first quarter of 2025, up 2.1% from 835,300 barrels a year earlier....