Topics

These two beverage makers continue to raise their dividends. However, their shares will likely remain in a narrow range as they cope with changing consumer tastes and increasingly strong competition.

MOLSON COORS CANADA INC. is a hold. The brewer (Toronto symbols TPX.A $69 and TPX.B $69; Conservative Growth Payer Portfolio, Consumer sector; Shares o/s: 211.9 million; Market cap: $14.6 billion; Dividend yield: 3.5%; Dividend Sustainability Rating: Average; www.molsoncoors.com) raised your quarterly dividend with the March 2024 payment by 7.3%, to $0.44 U.S....

2 min read

Pat McKeough

Dividend Stocks

Pure-play shift will benefit these two

These two subsidiaries of Power Corp. are re-focusing on their main businesses. That should appeal to investors, who tend to prefer pure-play companies. Even so, we feel IGM is the better buy right now.

GREAT-WEST LIFECO INC. $39 is a hold. The company (Toronto symbol GWO; Conservative Growth Payer Portfolio, Finance sector; shares outstanding: 932.4 million; Market cap: $36.4 billion; Dividend yield: 5.7%; Dividend Sustainability Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest life insurer after Manulife Financial....

2 min read

Pat McKeough

Dividend Stocks

Kraft may sell Oscar Mayer

KRAFT HEINZ CO. $32 is a buy. The company (Nasdaq symbol KHC, Conservative-Growth Dividend Payer Portfolio; Consumer sector; Shares o/s: 1.2 billion; Market cap: $38.4 billion; Dividend yield: 5.0%; Dividend Sustainability Rating: Average; www.kraftheinzcompany.com) is a leading producer of processed foods....

1 min read

Pat McKeough

Dividend Stocks

Genuine Parts is still the better pick

High interest rates and inflation are prompting more drivers to hang on their current cars instead of buying new ones. That’s good new for these two firms, which cater to the car repair market. However, we still prefer Genuine Parts, as higher interest rates increase the risk of loan writedowns at Snap-On’s financial services division.

GENUINE PARTS CO....

2 min read

Pat McKeough

Dividend Stocks

Lower payout is more sustainable

DREAM OFFICE REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto symbol D.UN; Cyclical-Growth Dividend Payer Portfolio; Manufacturing sector; Units outstanding: 19.4 million; Market cap: $349.2 million; Dividend yield: 5.6%; Dividend Sustainability Rating: Average; www.dream.ca) owns 28 office properties, including two under development....

1 min read

Pat McKeough

Dividend Stocks

Get high returns with these green power stocks

Despite Innergex’s recent dividend cut, the move gives the company more room to invest in new projects that should lead to higher dividends in the next few years. Brookfield’s new deal with Microsoft will also let it keep raising its distributions.

INNERGEX RENEWABLE ENERGY INC....

2 min read

Pat McKeough

Dividend Stocks

A Yield to Caution: RealtyMogul Apartment Growth REIT

REALTYMOGUL APARTMENT GROWTH REIT is a private REIT (more on those below) with around $263 million in assets. The company pays quarterly distributions that yield a high 4.5%. The REIT has a 1.25% management fee.

RealtyMogul invests in apartment buildings; it currently owns nine properties in seven U.S....

1 min read

Pat McKeough

Dividend Stocks

Enbridge’s high yield looks solid

We often remind investors that a high yield may be a warning sign that all is not well with the company and its future dividend payments are at risk.

After Enbridge’s recent dividend increase, the stock now yields a high 7.6%. Even so, that yield looks sustainable, as the company’s regulated businesses give it plenty of steady cash flow to service its debt and invest in new projects....

2 min read

Pat McKeough

How To Invest

Hi, Pat. May I have your take on the VanEck Vectors Social Sentiment ETF? Not sure how it’s doing, but I think it takes an interesting approach to picking stocks. Thank you.

A: VanEck Vectors Social Sentiment ETF, $21.04, symbol BUZZ on New York (Units outstanding: 2.9 million; Market cap: $58.9 million; www.vaneck.com), holds 76 stocks, each with a market cap of $5 billion or more; each also generates social media attention.

The fund tracks the BUZZ NextGen AI U.S....

2 min read

Pat McKeough

How To Invest

May I have your comments on MasTec (NYSE: MTZ)? Thank you.

A: MasTec Inc., $109.64, symbol MTZ on New York (Shares outstanding: 79.5 million; Market cap: $8.6 billion; Manufacturing & Industry sector; TSINetwork Rating: Average; www.mastec.comwww.mastec.com), is a leading infrastructure construction company operating mainly throughout North America and across a range of industries.

The company operates through five segments: (1) Communications; (2) Clean Energy and Infrastructure; (3) Power Delivery; (4) Oil and Gas; and (5) Other.

The company’s primary activities include the following.

Building, installing, maintaining and upgrading communications, energy, utility and other infrastructure;
Developing power delivery infrastructure, including transmission, distribution, environmental planning and compliance systems;
Manufacturing pipeline infrastructure, including for natural gas, water and carbon capture sequestration pipelines;
Developing heavy civil and industrial infrastructure, including roads, bridges and rail; and providing environmental remediation services.

Notably, MasTec has played a significant role in several key infrastructure projects....

3 min read

Pat McKeough

Testimonials

The cornerstones of Pat’s strategy–value, diversification and timelines–make his newsletter, The Successful Investor, highly profitable while minimizing risk. His advice is no-nonsense, down-to-earth and based on solid research. You’ll know what to invest in and what to avoid.

Chuck Chakrapani, PhD
Investors Association of Canada
The older I get the better dividends look. For retirees and would-be retirees who want to sleep at night, I can’t think of a better source of information on reliable growing dividend income than Pat McKeough’s newsletter, Dividend Advisor.

Jonathan Chevreau
Financial Post Columnist
As a manager of more than $500 million in mutual funds, I have access to the best brokerage research available in this country. But I still take time to read Pat McKeough’s premium newsletters

John Sartz
I appreciate the 25 years of above market returns I received by following your advice. at least 95% of my investment decisions were based on TSI recommendations.

Chuck J.
Subscriber since 1996. Inner Circle Member Since 2006
The newsletters I receive in Inner Circle Pro are fantastic! I have been following Pat’s advice for years and everything he has said has been amazing. His commentaries are brilliant, insightful, educational, rational and balanced. My returns are almost double the TSE and I have referred many of my friends who have switched over to your services.

Walter H.
Inner Circle Pro subscriber

Browse Premium Topics

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.