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TOROMONT INDUSTRIES LTD. $113 is a buy. The company (Toronto symbol TIH; High-Growth Dividend Payer Portfolio; Manufacturing & Industry sector; Shares outstanding: 82.4 million; Market cap: $9.3 billion; Dividend yield: 1.5%; Dividend Sustainability Rating: Above Average; www.toromont.com) distributes a range of industrial equipment, including Caterpillar machinery, in eastern Canada....

1 min read

Pat McKeough

Dividend Stocks

High new car prices spurred their earnings

These two firms continue to benefit as high interest rates and rising new car prices prompt drivers to repair their current vehicles. Both also have a long history of rising dividends. Even so, we prefer Genuine for your new buying.

GENUINE PARTS CO....

2 min read

Pat McKeough

Dividend Stocks

Brookfield gains from new businesses

BROOKFIELD RENEWABLE PARTNERS L.P. $34 is a buy. The partnership (Toronto symbol BEP.UN; High-Growth Dividend Payer Portfolio, Utilities sector; Units outstanding: 662.6 million; Market cap: $22.5 billion; Distribution yield: 5.2%; Dividend Sustainability Rating: Above Average; www.bep.brookfield.com) owns 232 hydroelectric generating stations, 133 wind farms, 157 solar facilities, and 6,339 distributed generation and energy storage sites.

With the March 2023 payment, Brookfield raised its quarterly distribution by 5.5%, to $0.3375 U.S....

1 min read

Pat McKeough

Dividend Stocks

High-quality properties support their payouts

These two REITs own some of the best properties in Canada’s biggest cities. Despite the disruptions caused by the work from home and online shopping trends, those high-quality holdings should continue to attract tenants and let these REITs keep raising your distributions.

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $17 is a buy. The REIT (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 139.8 million; Market cap: $2.4 billion; Distribution yield: 10.6%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) owns 200 office buildings and 13 properties under development, mainly in major Canadian cities....

2 min read

Pat McKeough

Dividend Stocks

A Yield to Caution: Pizza Pizza Royalty Corp.

PIZZA PIZZA ROYALTY CORP. $14.35 (Toronto symbol PZA; Shares outstanding: 24.6 million; Market cap: $353.0 million; Dividend yield: 6.3%; www.pizzapizza.ca) holds certain trademarks and trade names used by Pizza Pizza restaurants in Canada.

Those exclusive names are licensed to Pizza Pizza for 99 years....

1 min read

Pat McKeough

Dividend Stocks

A new buy for growth and income

This month we’re adding AltaGas to our regular TSI Dividend Advisor coverage.

This natural gas pipeline operator and processor shifted its focus to the U.S. following a big acquisition in 2018. Since then, it has sold less-important assets to pay down the loans it needed to fund the purchase.

AltaGas also gets most of its revenue from rate-regulated businesses, as well as take-or-pay contracts with annual adjustments linked to inflation....

3 min read

Pat McKeough

How To Invest

Here’s our WSSF Income-Seeking Portfolio for December 2023

You Can See Our WSSF Income-Seeking Portfolio For December Here.

We designed our TSINetwork Ratings to give you an idea of the investment qual...

1 min read

Pat McKeough

Dividend Stocks

Updating your Income stocks: Stanley Black & Decker, Quacker Chemical, & Viatris

STANLEY BLACK & DECKER INC. $90 (www.stanleyblackanddecker.com) is a buy. The company is one of the world’s largest makers of hand and power tools....

1 min read

Pat McKeough

Growth Stocks

This star performer can still go higher

Motorola Solutions recently hit a new all-time high of $323, and is now up a whopping 740% since the old Motorola Inc. spun off its cellphone business as a separate firm in January 2011. The remaining operations, which make police radios and related equipment, became Motorola Solutions....

2 min read

Pat McKeough

Value Stocks

Loan losses below pre-COVID levels

AMERICAN EXPRESS CO. $164 is a buy. The company (New York symbol AXP, Conservative Growth Portfolio, Finance sector; Shares outstanding: 747.2 million; Market cap: $122.5 billion; Price-to-sales ratio: 2.1; Dividend yield: 1.5%; TSINetwork Rating: Average; www.americanexpress.com) issues two types of cards: traditional credit cards, which let users carry a balance; and charge cards, which have no pre-set spending limit, although cardholders must pay off their balances each month....

1 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.