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INTACT FINANCIAL CORP. $201 is a buy. The company (Toronto symbol IFC; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 175.3 million; Market cap: $35.2 billion; Dividend yield: 2.0%; Dividend Sustainability Rating: Above Average; www.intactfc.com) is Canada’s largest property and casualty insurance provider.

With the March 2022 payment, Intact raised its quarterly dividend for investors by 9.9%, to $1.00 a share from $0.91....

2 min read

Pat McKeough

Dividend Stocks

CN Rail raises its dividend again

CANADIAN NATIONAL RAILWAY CO. $158 is a buy. The company (Toronto symbol CNR; Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 671.0 million; Market cap: $106.0 billion; Dividend yield: 2.0%; Dividend Sustainability Rating: Highest; www.cn.ca) operates Canada’s largest railway....

1 min read

Pat McKeough

Dividend Stocks

Upgrades means more cash for dividends

In the past few years, BCE and Telus have invested large sums on upgrades to their wireless and high-speed Internet networks. These big projects are now coming to an end, which will free up more cash for dividends.

BCE INC. $62 is a buy. The company (Toronto symbol BCE; Income-Growth Portfolio, Utilities sector; Shares o/s: 911.9 million; Market cap: $56.5 billion; Dividend yield: 5.9%; Dividend Sustainability Rating: Highest; www.bce.ca) is Canada’s largest traditional telephone service provider....

2 min read

Pat McKeough

Dividend Stocks

These banks can handle a slowdown

Canada’s Big Five banks maintained their regular dividend payments during two of the biggest financial shocks in the past 20 years—the 2008-2009 financial crisis, and the COVID-19 pandemic. Even though the global economy may slow in 2023, we expect these two banks will continue to raise their dividends this year and beyond.

BANK OF MONTREAL $133 is a buy. The bank (Toronto symbol BMO; Income-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 677.1 million; Market cap: $90.1 billion; Dividend yield: 4.3%; Dividend Sustainability Rating: Highest; www.bmo.com) will raise its quarterly dividend for shareholders with the February 2023 payment....

3 min read

Pat McKeough

Dividend Stocks

Lower costs support 3M’s dividend

3M COMPANY $113 remains a buy for long-term gains. The diversified manufacturer (New York symbol MMM; Income-Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 549.2 million; Market cap: $62.1 billion; Dividend yield: 5.3%; Dividend Sustainability Rating: Above Average; www.3m.com) last increased its quarterly dividend with the March 2022 payment, to $1.49 a share, up 0.7% from $1.48....

1 min read

Pat McKeough

Dividend Stocks

Long dividend histories add to their appeal

Both of these U.S. firms have a long history of rewarding investors with annual dividend increases. Notably, each is a leader in its industry, which further cuts your risk.

PFIZER INC. $45 is a buy. The company (New York symbol PFE; Income-Growth Dividend Payer Portfolio, Manufacturing sector; Shares outstanding: 5.6 billion; Market cap: $252.0 billion; Dividend yield: 3.6%; Dividend Sustainability Rating: Highest; www.pfizer.com) is one of the world’s largest makers of prescription drugs....

2 min read

Pat McKeough

Dividend Stocks

New assets will lift Emera’s dividend

EMERA INC. $54 is a buy. The company (Toronto symbol EMA; Income Growth Portfolio, Utilities sector; Shares outstanding: 256.5 million; Market cap: $13.9 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Highest; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....

1 min read

Pat McKeough

Dividend Stocks

Earn high income from green energy

Globally, governments are increasing subsidies for renewable energy projects. That’s good news for investors in these two firms—it lifts the cash flow of their new solar and wind projects and provides more cash for dividends.

BROOKFIELD RENEWABLE PARTNERS LP $39 is a buy. The partnership (Toronto symbol BEP.UN; High-Growth Dividend Payer Portfolio, Utilities sector; Units outstanding: 275.3 million; Market cap: $10.7 billion; Distribution yield: 4.4%; Dividend Sustainability Rating: Above Average; www.bep.brookfield.com) owns 227 hydroelectric generating stations, 117 wind farms, 118 solar facilities, and 8,234 distributed generation and energy storage sites.

With the March 2022 payment, Brookfield raised its quarterly distribution by 5.0% to $0.32 U.S....

2 min read

Pat McKeough

Dividend Stocks

A Yield to Caution

BOSTON PIZZA ROYALTIES INCOME FUND $17 (Toronto symbol BPF.UN; Units outstanding: 21.5 million; Market cap: $365.5 million; Dividend yield: 7.2%; www.bpincomefund.com) holds certain trademarks and trade names used by Boston Pizza restaurants in Canada.

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

1 min read

Pat McKeough

Dividend Stocks

Your top income picks for 2023

For 2023, we’ve selected Canadian Tire, Procter & Gamble and Choice Properties REIT as our top three picks for dividend investors.

All three are in a strong position to maintain or increase their dividends, even if the economy slows this year....

4 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.

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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.

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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.