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BROADRIDGE FINANCIAL SOLUTIONS INC., $198.98, is a buy. The company, symbol BR on New York, serves the investment industry in three main areas: investor communications, securities processing, and transaction clearing.

Broadridge is best known for processing and distributing proxies and regulatory filings for nearly every publicly traded U.S....
IMPERIAL OIL LTD., $78.50, Toronto symbol IMO, is a buy.

The company gets over 90% of its production from oil sands operations in Alberta. Imperial also has conventional oil and natural gas operations in the West and holds stakes in offshore projects in Atlantic Canada.

Its other operations include three refineries (one in Alberta, two in Ontario) and a petrochemical plant in Sarnia, Ontario.

Imperial is now raising your quarterly dividend by 20.0% with the April 2024 payment, to $0.60 a share from $0.50....
MCDONALD’S CORP., $289.47, New York symbol MCD, is your #1 Conservative Buy for 2024.

The company is the world’s largest fast-food chain with over 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries.

McDonald’s continues to benefit from strong U.S....
BCE INC., $50.52, Toronto symbol BCE, is your #1 Income Buy for 2024.

The company is Canada’s largest traditional telephone service provider. It has 2.02 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces....

You Can See Our Income-Seeking Portfolio For March 2024 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)....

MOLSON COORS CANADA INC. $82 (www.molsoncoors.com) is still a hold. The beer brewer recently completed the sale of its 57.5% stake in Truss, which makes and sells non-alcoholic, cannabis-infused beverages in Canada, to its partner in the venture, Tilray Brands Inc....
Finning’s earnings generally depend on cyclical commodities, particularly crude oil and copper. We think their prices will resume their upward direction in the next few years. Moreover, increasing government spending on infrastructure projects helps offset that cyclical risk.


FINNING INTERNATIONAL INC....

TC ENERGY CORP. $51 is a buy. The company (Toronto symbol TRP; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.03 billion; Market cap: $52.5 billion; Price-to-sales ratio: 3.3; Dividend yield: 7.3%; TSINetwork Rating: Above Average; www.tcenergy.com) operates a pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S....
MAPLE LEAF FOODS INC. $26 is a hold. The company (Toronto symbol MFI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 122.5 million; Market cap: $3.2 billion; Price-to-sales ratio: 0.7; Dividend yield: 3.2%; TSINetwork Rating: Average; www.mapleleaffoods.com) opened two new processing facilities in 2022: a poultry plant in London, Ontario (at a cost of $772 million) and a bacon plant in Winnipeg, Manitoba (at a cost of $182 million)....

TORONTO-DOMINION BANK $80 is a buy. The lender (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $144.0 billion; Price-to-sales ratio: 2.8; Dividend yield: 5.1%; TSINetwork Rating: Above Average; www.td.com) cancelled its deal to acquire First Horizon Corporation (New York symbol FHN) for $13.4 billion U.S....