Topics
KRAFT HEINZ CO. $36 is a buy. The company (Nasdaq symbol KHC, Conservative-Growth Dividend Payer Portfolio; Consumer sector; Shares outstanding: 1.2 billion; Market cap: $48.0 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Average; www.kraftheinzcompany.com) is a leading producer of processed foods....
Walmart has long history of successfully adapting to changing consumer trends. For example, it’s now aggressively expanding its online shopping operations with robotic equipment. That will help keep its costs down and let it keep raising your dividend, something it’s done each of the past 50 years.


WALMART INC....
MICROSOFT CORP. $338 is a buy. The software giant (Nasdaq symbol MSFT; High-Growth Dividend Payer Portfolio; Manufacturing sector; Shares o/s: 7.5 billion; Market cap: $2.5 trillion; Dividend yield: 0.8%; Dividend Sustainability Rating: Highest; www.microsoft.com) last raised your quarterly dividend by 9.7% in December 2022, to $0.68 a share from $0.62....
EMERA INC. $55 is a buy. The company (Toronto symbol EMA; Income-Growth Portfolio, Utilities sector; Shares outstanding: 271.7 million; Market cap: $14.9 billion; Dividend yield: 5.0%; Dividend Sustainability Rating: Highest; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....
ARCHER DANIELS MIDLAND CO. $87 is a buy. The company (New York symbol ADM; High-Growth Payer Portfolio, Manufacturing sector; Shares outstanding: 544.6 million; Market cap: $47.4 billion; Dividend yield: 2.1%; Dividend Sustainability Rating: Above Average; www.adm.com) processes corn, wheat, soybeans, flax seed and other crops into a variety of food ingredients such as flour, oils and sweeteners.


With the March 2023 payment, Archer Daniels raised its quarterly dividend by 12.5%....
These two leading U.S. banks recently passed the Federal Reserve’s latest stress test, which measures how financial firms would cope with a jump in unemployment, falling stock prices and other unfavourable developments. As a result, they both raised their dividends....
These top Canadian insurers continue to use acquisitions to expand into new markets and to enhance their current businesses. That bodes well for investors, as the additional earnings should lead to more and higher dividend increases.


MANULIFE FINANCIAL CORP....
NORTH WEST COMPANY $33 is a buy. The company (Toronto symbol NWC; High-Growth Payer Portfolio, Consumer sector; Shares o/s: 47.8 million; Market cap: $1.6 billion; Divd. yield: 4.6%; Divd. Sustainability Rating: Above Average; www.northwest.ca) sells food and everyday products and services at 223 stores, mainly in northern communities across Canada, as well as in Alaska, the South Pacific and the Caribbean.


North West last raised its quarterly dividend 2.4% in October 2022, to $0.38 a share from $0.37....
According to Statistics Canada, grocery prices rose 9.1% in June 2023 compared to June 2022. A good way to offset those costs is by investing in these two leading food retailers. Note: both continue to raise their dividends.


LOBLAW COMPANIES LTD....
TRANSALTA RENEWABLES INC. $13 is a hold. The company (Toronto symbol RNW; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 266.9 million; Market cap: $3.5 billion; Dividend yield: 7.2%; Dividend Sustainability Rating: Above Average; www.transaltarenewables.com) owns 26 wind and solar farms, 11 hydroelectric facilities, eight natural gas generation plants, two solar power facilities, a natural gas pipeline and one battery storage facility....