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Updating your Conservative-Growth Payers: Canadian National Railway Co.

CANADIAN NATIONAL RAILWAY CO. $132 is a buy. The company (Toronto symbol CNR; Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 615.5 million; Market cap: $81.2 billion; Dividend yield: 2.7%; Dividend Sustainability Rating: Highest; www.cn.ca) is Canada’s largest railway. Its 30,250-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.

With the March 2025 payment, CN raised your quarterly dividend by 5.0%, to $0.8875 a share from $0.845. The new annual rate of $3.55 yields 2.7%.

1 min read

Pat McKeough

Dividend Stocks

New products set to fuel AbbVie’s dividend

AbbVie continues to take steps to reduce its reliance on its blockbuster drug Humira, which recently lost its patent protection. The company’s new drugs and savvy acquisitions should spur its earnings and let it keep raising your dividend.

2 min read

Pat McKeough

Dividend Stocks

Ziply should spur BCE’s growth

BCE INC. $33 is a buy for long-term gains. The company (Toronto symbol BCE; Income-Growth Portfolio, Utilities sector; Shares outstanding: 932.5 million; Market cap: $30.8 billion; Dividend yield: 5.3%; Dividend Sustainability Rating: Above Average; www.bce.ca), to conserve cash for debt repayments, cut your quarterly dividend by 56.1% with the July 2025 payment. Investors now receive $0.4375 a share instead of $0.9975. The new annual rate of $1.75 still yields a solid 5.3%.

BCE recently completed its $5.01 billion purchase of Ziply Fiber, which offers high-speed Internet access and telephone services through a fibre-optic network in Washington State, Oregon, Idaho and Montana.

1 min read

Pat McKeough

Dividend Stocks

Use these key updates to build your returns

RESTAURANT BRANDS INTERNATIONAL INC. $101 is a buy for aggressive investors. The fast-food operator (Toronto symbol QSR, High-Growth Dividend Payer Portfolio; Consumer sector; Shares outstanding: 454.8 million; Market cap: $45.9 billion; Dividend yield: 3.5%; Dividend Sustainability Rating: Above Average; www.rbi.com) raised your quarterly dividend by 6.9% with the April 2025 payment. The annual rate of $2.48 U.S. yields 3.5%.

Restaurant Brands has formed a new joint venture with CPE, an alternative asset manager based in Beijing. This business intends to expand the number of Burger King stores in China from 1,250 today to 2,500 by 2030, and to over 4,000 five years after that.

2 min read

Pat McKeough

Dividend Stocks

Strong markets fuel its earnings

T. ROWE PRICE GROUP INC. $102 is a buy. The company (Nasdaq symbol TROW; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 218.2 million; Market cap: $22.3 billion; Dividend yield: 5.0%; Dividend Sustainability Rating: Above Average; www.troweprice.com) is a leading seller of mutual funds and wealth management services.

T. Rowe Price last raised your quarterly dividend by 2.4% with the March 2025 payment. The new annual rate of $5.08 a share yields a high 5.0%.

1 min read

Pat McKeough

Dividend Stocks

Expect your income from these banks to rise

Despite uncertainty over tariffs and a slowing economy, the shares of these two leading U.S. banks continue to hit new highs. That’s due to their diverse source of revenue, which cuts their risk. Their rising earnings should also give them more room for dividend increases.

2 min read

Pat McKeough

Dividend Stocks

Wealth management bolsters their dividends

These two Canadian insurers remain great picks for income-seeking investors, particularly as their wealth management businesses benefit as more baby boomers retire over the next few years. Their growing operations in Asia are also a long-term plus.

3 min read

Pat McKeough

Dividend Stocks

Enbridge plans to ship more oil to U.S.

ENBRIDGE INC. $67 is a buy. The pipeline giant (Toronto symbol ENB; Income-Growth Payer Portfolio, Utilities sector; Shares outstanding: 2.2 billion; Market cap: $147.4 billion; Dividend yield: 5.6%; Dividend Sustainability Rating: Highest; www.enbridge.com) last raised your quarterly dividend with the March 2025 payment by 3.0%; the new annual rate of $3.77 yields a high 5.6%.

Enbridge now plans to expand the capacity of its Mainline pipeline, which pumps crude oil from Alberta to refineries in the U.S. Midwest, by 5%. It will also lift capacity for its U.S.-based Flanagan South Pipeline.

1 min read

Pat McKeough

Dividend Stocks

We like these two as alternatives to bonds

The outlook for these high-yielding utility stocks continues to improve, as lower interest rates increase their appeal relative to bonds. Rising power demand from AI datacentres also enhances their long-term prospects.

2 min read

Pat McKeough

Dividend Stocks

High renewal rate lowers RioCan’s risk

RIOCAN REAL ESTATE INVESTMENT TRUST $19 is a top pick for 2025. The REIT (Toronto symbol REI.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units o/s: 295.0 million; Market cap: $5.6 billion; Dist. yield: 6.1%; Dividend Sustainability Rating: Average; www.riocan.com) increased your monthly distribution by 4.3% with the March 2025 payment. The new annual rate of $1.158 yields a solid 6.1%.

The shopping mall owner continues to do a good job of getting its existing tenants to renew their leases. In the third quarter of 2025, the retention rate was 92.7%, up from 92.0% a year earlier.

1 min read

Pat McKeough

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Investors Association of Canada
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Cannabis

Spinoffs

One of the ways a company can try to unlock its own hidden value is by creating a separate company out of a corporate subsidiary. The parent company can either sell stock in the new company to the public, or spin it off—hand the stock out to its own investors.

Dividend Stocks

Dividend stocks make cash payouts that serve as a way for companies to share the wealth they’ve accumulated. These payouts are drawn from earnings and cash flow and paid to the shareholders of the company. Typically, these dividends are paid quarterly, although they may be paid annually or even monthly as well.

ETFs

What are ETFs?

ETF is an acronym for exchange traded fund. These exchange traded funds are used to track indexes as closely as possible, since investors cannot actually buy an index outright.

Value Stocks

What are value stocks?

One of the sweetest and most profitable pleasures of successful investing is to buy high-quality “value stocks” (or stocks that are reasonably priced, if not cheap, in relation to its sales, earnings or assets), then hold on to them as mainstream investors recognize the value and push up the share price.

Blue Chip Stocks

Blue chip stocks are big, well-established, dividend-paying corporations with strong business prospects. These are companies that also have sound management that should be able to make the right moves to keep competing successfully in a changing marketplace.

Penny Stocks

A penny stock in general trades for under five dollars a share, and as the name implies, sometimes for pennies. Most of the time they’re young companies, or start-ups in speculative markets like mining or technology.

Growth Stocks

Growth stocks are companies that are likely to have sales and earnings growth well above market average. Frequently they pay few, if any, dividends. Instead they typically reinvest any extra cash flow to promote further growth. Chosen wisely—according to Pat McKeough’s advice—high-quality growth-oriented stocks can be worthwhile additions to most well-diversified portfolios.

Wealth Management

Wealth management is the practice of putting your savings to work so that it continues to grow over your lifetime and will also benefit your heirs. Wealth management encompasses many different areas of investing like long term investment planning and retirement planning.

Mining Stocks

Mining stocks are investments in companies that produce or explore for minerals. Some of these minerals include uranium, coal, molybdenum (which is used in steelmaking), copper, silver and gold. They are affected by fluctuating commodity prices in addition to their own business and operating risks.

How To Invest

Pat McKeough has been making investing for beginners simple—and profitable—by helping investors make big gains for more than 25 years. His advice to beginning investors is the same as it is for all investors: buy high-quality, mostly dividend paying stocks (or ETFs that hold these stocks) and evenly spread your investments over the five main economic sectors (Resources, Manufacturing, Finance, Utilities and Consumer). Pat also believes investors should avoid stocks in the broker/media limelight and focus on those with hidden or little-noticed assets.

Energy Stocks

What are energy stocks?

Businesses that work in the extraction, refining and delivery of energy sources such as natural gas, oil, uranium and coal, are considered energy stocks.