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These two makers of tools and related items are aggressively cutting their costs as consumers scale back their spending. Improving their profitability will help protect their current dividend payments and set them up for future gains. Note—we prefer Stanley for your new buying.


STANLEY BLACK & DECKER INC....
When investing in retail-focused REITs, investors should pay close attention to the quality of their properties as well as their tenants—both directly affect their distributions. Here are two REITs to count on for steady monthly payments.


RIOCAN REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto symbol REI.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 300.5 million; Market cap: $5.4 billion; Distribution yield: 6.2%; Dividend Sustainability Rating: Average; www.riocan.com) owns all or part of 188 shopping centres and other properties across Canada, including nine under development....
CANADIAN UTILITIES LTD. $31 is a buy. The distributor of electricity and natural gas (Toronto symbol CU; Income Growth Portfolio, Utilities sector; Shares outstanding: 271.3 million; Market cap: $8.4 billion; Dividend yield: 5.8%; Dividend Sustainability Rating: Above Average; www.canadianutilities.com) last raised your quarterly dividend with the March 2024 payment....
BMO INTERNATIONAL DIVIDEND ETF $24 (Toronto symbol ZDI; Units outstanding: 21.2 million; Market cap: $508.8 million; Dividend yield: 4.05%; www.bmoetfs.ca) offers exposure to a portfolio of high-yield dividend-paying companies in developed markets....
The shares of insurance giant Manulife have jumped 30% in the past year. That’s largely because it sold some of its slower-growth assets and is using the cash to reward investors with more share buybacks and dividend increases. Higher interest rates have also boosted the returns on its fixed-income holdings.


Meantime, Manulife’s outlook continues to improve, particularly as it taps into growing demand for financial services in Asia.


MANULIFE FINANCIAL CORP....

You Can See Our WSSF Aggressive Growth Portfolio For August 2024 Here.


We designed our TSINetwork Ratings to give you an idea of the investment quality an...
SIX FLAGS ENTERTAINMENT CORP. $47 (www.sixflags.com) is a hold. The company took its current form on July 1, 2024, through the all-stock merger of rival amusement park operators Cedar Fair L.P. and Six Flags Entertainment. As the new firm does not pay a dividend, we’re moving it from our Income-Seeking Portfolio to the Aggressive Growth Portfolio. Six Flags Entertainment is a hold.


NCR ATLEOS CORP....
Networking equipment maker Cisco Systems continues to expand its software business. That cuts its reliance on hardware sales, and gives its steady revenue streams. Investors will also benefit from increasing demand for its products as new artificial intelligence programs require the transfer of huge amounts of computer data.


CISCO SYSTEMS INC....
YUM CHINA HOLDINGS INC. $29 is a buy for aggressive investors. The company (New York symbol YUMC; Aggressive Growth Portfolio, Consumer Sector; Shares outstanding: 391.0 million; Market cap: $11.3 billion; Price-to-sales ratio: 1.1; Dividend yield: 2.2%; TSINetwork Rating: Average; www.yumchina.com) is China’s largest fast-food operator with over 14,600 outlets, mainly under the KFC and Pizza Hut banners.


The company recently opened its 200th K-COFFEE outlet in China, which it operates in partnership with Italian coffee maker Lavazza....
IDEXX LABORATORIES INC. $471 is still a hold. The company (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 82.6 million; Market cap: $38.9 billion; Price-to-sales ratio: 10.6; No dividends paid; TSINetwork Rating: Average; www.idexx.com) makes equipment that veterinarians use to detect diseases in animals.


Due to unfavourable currency rates and slowing visits by pet owners, Idexx expects its revenue in 2024 will range from $3.895 billion to $3.965 billion....