Topics

HOWMET AEROSPACE INC. $79 is a hold. The company (New York symbol HWM; Conservative Growth Portfolio, Manufacturing sector; Shares outstanding: 408.2 million; Market cap: $32.2 billion; Price-to-sales ratio: 4.7; Dividend yield: 0.3%; TSINetwork Rating: Average; www.howmet.com) makes a range of industrial parts, from jet engine components and fasteners to forged aluminum wheels.


Howmet continues to see strong demand from makers of commercial aircraft (51% of its revenue)....
Conglomerate General Electric has completed its plan, first announced in 2021, to split into three public companies.


The first stage occurred on January 3, 2023 when General Electric investors received one share of medical equipment subsidiary GE HealthCare for every three GE shares they held....
FEDEX CORP. $296 is a buy. The package delivery firm (New York symbol FDX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 246.1 million; Market cap: $72.8 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.9%; TSINetwork Rating: Average; www.fedex.com) reported 0.8% higher revenue in its fiscal 2024 fourth quarter, ended May 31, 2024, to $22.11 billion from $21.93 billion a year earlier.


FedEx continues to benefit from a new restructuring plan, which includes merging its various units into a single division....
Thanks to investor enthusiasm for artificial intelligence (AI) software, specifically its ability to process huge amounts of data and improve decisionmaking, the class A shares of Alphabet have jumped over 30% since the start of 2024, hitting a new all-time high of $185 in late June.


The technology should improve the quality of its Google search engine, as well as its other platforms such as Android and Chrome....

You Can See Our Income-Growth Dividend Payer Portfolio For July 2024 Here.


You can’t fake a record of dividends....
ROYAL BANK OF CANADA $145 is a buy. The bank (Toronto symbol RY; Income-Growth Payer Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $203.0 billion; Dividend yield: 3.9%; Dividend Sustainability Rating: Highest; www.rbc.com) is Canada’s largest chartered bank by market cap....
Partly due to pressure from an activist investor, Suncor recently shifted its focus to its main oil sands properties in Alberta. The company is also cutting its costs, which will free up more cash to reward investors with higher dividends and share buybacks.


SUNCOR ENERGY INC....

ALTAGAS LTD. $30 is a buy. The company (Toronto symbol ALA; High-Growth Dividend Payer Portfolio; Utilities sector; Shares outstanding: 295.3 million; Market cap: $8.9 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Above Average; www.altagas.ca) last raised your quarterly dividend by 6.3%, with the March 2024 payment to $0.2975 a share from $0.28....
PEMBINA PIPELINE CORP. $50 is a buy. The company (Toronto symbol PPL; High-Growth Dividend Payer Portfolio; Utilities sector; Shares outstanding: 579.5 million; Market cap: $29.0 billion; Dividend yield: 5.5%; Dividend Sustainability Rating: Above Average; www.pembina.com) operates pipelines that carry half of Alberta’s conventional oil and almost all of B.C.’s oil.


The company has paid dividends continuously since 1997....

INTACT FINANCIAL CORP. $227 is a buy. The company (Toronto symbol IFC; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 178.4 million; Market cap: $40.5 billion; Dividend yield: 1.9%; Dividend Sustainability Rating: Above Average; www.intactfc.com) is Canada’s largest property and casualty insurance provider.


With the March 2024 payment, the company raised your quarterly dividend by 10.0%, to $1.21 a share from $1.10....