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CANOE EIT INCOME FUND $13 (Toronto symbol EIT.UN; Units o/s: 153.9 million; Market cap: $2.0 billion; Divd. yield: 9.2%; www.canoefinancial.com) is a closed-end fund that invests in a portfolio of dividend paying stocks. Canadian stocks account for 51.2% of its holdings, followed by the U.S....
Telus suspended dividend increases in 2020 due to uncertainty caused by COVID-19 lockdowns. Now that the economy is reopening, the company has resumed its pattern of raising the dividend twice a year. In fact, it now aims to increase the annual dividend rate between 7% and 10% from 2023 through the end of 2025.


The company also continues to develop its smaller businesses, which serve the healthcare and agricultural industries....
CEDAR FAIR L.P. $44 (www.cedarfair.com) remains a hold. Cedar Fair has now re-opened all of its amusement parks as more areas relax their COVID-19 restrictions. As a result, revenue in the second quarter of 2022 jumped 127.3%, to $509.49 million from $224.14 million a year earlier....
FedEx’s shares hit a new all-time high of $320 in 2021 as the COVID-19 pandemic continued to prompt consumers to buy more goods online. The stock has moved lower as physical stores re-opened and rising fuel and other costs hurt its earnings. However, a new deal with an activist investor should spur the stock higher in the next few years.


FEDEX CORP....
CHEVRON CORP. $163 is a buy. The company (New York symbol CVX; Conservative Growth Portfolio, Resources sector; Shares outstanding: 2.0 billion; Market cap: $326.0 billion; Price-to-sales ratio: 1.5; Dividend yield: 3.5%; TSINetwork Rating: Average; www.chevron.com) is the second-largest integrated oil producer in the U.S....

HONDA MOTOR CO. LTD. ADRs $27 is a buy. The automaker (New York symbol HMC; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.7 billion; Market cap: $45.9 billion; Price-to-sales ratio: 0.4; Divd. yield: 3.9%; TSINetwork Rating: Above Average; www.honda.com) sold 71,235 vehicles in the U.S....
GENERAL ELECTRIC CO. $77 remains a hold. The conglomerate (New York symbol GE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.1 billion; Market cap: $84.7 billion; Price-to-sales ratio: 1.1; Dividend yield: 0.4%; TSINetwork Rating: Average; www.ge.com) plans to break itself up into three separate companies: GE HealthCare (X-ray equipment, MRI and ultrasound scanners); GE Vernova (renewable energy and power); and GE Aerospace (jet engines and aircraft electronics)....

These two utilities continue to shift their focus away from fossil-fuel power plants to renewable energy projects. Regulators will let them raise power rates to offset those costs, which cuts the risk for investors. Even so, we feel Alliant is in a better position to meet its low-carbon goals than Ameren.


ALLIANT ENERGY CORP....
AMERICAN EXPRESS CO. $159 is a buy. The company (New York symbol AXP, Conservative Growth Portfolio, Finance sector; Shares outstanding: 749.8 million; Market cap: $119.2 billion; Price-to-sales ratio: 2.5; Dividend yield: 2.1%; TSINetwork Rating: Average; www.americanexpress.com) is one of the world’s largest issuers of payment cards.


Despite rising interest rates, Amex’s affluent customers continue to pay their loans on time....
The easing of the pandemic and rising industrial activity are spurring the shares of Howmet and Arconic. However, rising prices for raw materials and labour will hold back their earnings for the next year or two.


HOWMET AEROSPACE INC. $38 is a hold. The company (New York symbol HWM; Manufacturing & Industry sector; Shares outstanding: 415.4 million; Market cap: $15.8 billion; Price-to-sales ratio: 2.9; Dividend yield: 0.2%; TSINetwork Rating: Average; www.howmet.com) makes a range of industrial parts, from jet engine components and fasteners to forged aluminum wheels.


On April 1, 2020, the old Arconic Inc....