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TC ENERGY CORP. $70 is a top pick for 2025. The pipeline giant (Toronto symbol TRP; Income-Growth Payer Portfolio, Utilities sector; Shares outstanding: 1.04 billion; Market cap: $72.8 billion; Dividend yield: 4.9%; Dividend Sustainability Rating: Highest; www.tcenergy.com) cut the quarterly dividend by 14.3% after the spinoff of its oil pipeline business as South Bow Corp. (Toronto symbol SOBO). However, with the April 2025 payment, the company raised your quarterly dividend by 3.3%. The new annual rate of $3.40 yields a high 4.9%.
Despite concerns of a slowing economy and lower consumer spending, American Express’s shares have jumped over 30% in the past year, hitting a new all-time high of $363 in October.
That impressive gain is mainly because Amex caters to higher-income clients, who are less likely to cut their spending on travel and entertainment. That high-quality client base also keeps the company’s credit losses down.
That impressive gain is mainly because Amex caters to higher-income clients, who are less likely to cut their spending on travel and entertainment. That high-quality client base also keeps the company’s credit losses down.
3M COMPANY $165 remains a buy for long-term gains. The company (New York symbol MMM; Income-Growth Portfolio, Manufacturing sector; Shares outstanding: 531.2 million; Market cap: $87.6 billion; Dividend yield: 1.8%; Dividend Sustainability Rating: Average; www.3m.com) spun off its Health Care division as a separate firm, called Solventum Corp. (New York symbol SOLV), on April 1, 2024. Due to the spinoff, 3M cut your quarterly dividend by 53.6% with the June 2024 payment. However, with the March 2025 payment, it raised the dividend by 4.3%. The annual rate of $2.92 a share yields 1.8%.
THOMSON REUTERS CORP. $213 is a buy. The company (Toronto symbol TRI; Conservative-Growth Dividend Payer Portfolio, Manufacturing Sector; Shares o/s: 449.7 million; Market cap: $95.8 billion; Dividend yield: 1.6%; Dividend Sustainability Rating: Highest; www.thomsonreuters.com) sells specialized information and software to the legal, tax and accounting fields. It also owns the Reuters news service.
With the March 2025 payment, Thomson raised your quarterly dividend by 10.2%. The new annual rate of $2.38 U.S. a share yields 1.6%.
With the March 2025 payment, Thomson raised your quarterly dividend by 10.2%. The new annual rate of $2.38 U.S. a share yields 1.6%.
Both Molson and Saputo are cutting their costs in response to slowing sales. Those savings will help protect their dividends. However, uncertainty over tariffs adds to their risk.
These two fast-food chains continue to invest in their stores and menus, which is helping them draw more customers. Both have also just announced dividend increases.
This month, we are updating our WSSF Aggressive Growth Portfolio for Investors.
This portfolio is a good starting point for investors who need income. It’s also a starting point for conservative investors, since regular dividends are an indicator of investment quality.
Check our Ratings
All investors should invest mainly in stocks from our “Average” or higher TSINetwork Ratings.
This portfolio is a good starting point for investors who need income. It’s also a starting point for conservative investors, since regular dividends are an indicator of investment quality.
Check our Ratings
All investors should invest mainly in stocks from our “Average” or higher TSINetwork Ratings.
RTX CORP. $176 is a buy. The company (New York symbol RTX; Conservative-Growth Payer Portfolio; Manufacturing sector; Shares outstanding: 1.4 billion; Market cap: $246.4 billion; Dividend yield: 1.5%; Dividend Sustainability Rating: Above Average; www.rtx.com) has three divisions: Collins Aerospace makes aircraft control systems, navigation equipment and cabin interiors (33% of revenue in the latest quarter, 44% of earnings); Pratt & Whitney makes jet engines (36%, 26%); and Raytheon makes a variety of military equipment such as missile defence and radar systems (31%, 30%).
These two legacy technology firms have moved up lately as they add artificial intelligence (AI) features to their existing products. Their rising earnings also bode well for even more dividend increases.
CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST $15 is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Cyclical-Growth Payer Portfolio; Manufacturing & Industry sector; Units outstanding: 723.8 million; Market cap: $10.9 billion; Distribution yield: 5.1%; Dividend Sustainability Rating: Above Average; www.choicereit.ca) owns 703 properties, with 68.1 million square feet of retail, industrial, mixed-use and residential space. Investors also benefit from its high 97.8% occupancy rate. George Weston Ltd. (Toronto symbol WN) owns 61.7% of the trust.