These two renewable power providers continue to invest in new projects and upgrades. That will help them benefit from rising power demand, including from AI datacentres; it will also support their high dividend yields.

PIZZA PIZZA ROYALTY CORP. $16 (Toronto symbol PZA; Shares outstanding: 33.4 million; Market cap: $534.4 million; Dividend yield: 5.9%; 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. In return, it pays the royalty fund 6% of the revenues from its pizza restaurants (9% from Pizza 73 restaurants). There are 696 Pizza Pizza and 104 Pizza 73 outlets across the country.

Dividends from oil companies tend to be less reliable than payments from other industries. That’s because their revenue and cash flow depend on volatile commodity prices.


To cut your risk, we recommend investors stick with integrated oil producers like Suncor as its refineries benefit from lower crude prices. The company is also improving its efficiency and cutting its operating costs, which will help it avoid trimming its dividend when oil prices decline.

We first recommended AbbVie in August 2020 at $97.70 a share.


Of course, we liked that it was a spinoff. Over the years, we’ve found that spinoffs are about as close as you can get to a sure thing in investing. Statistics show that after a company sets up one (or more) of its businesses as a separate entity and “spins it off,” the shares of both the parent and the spinoff generally do better than comparable firms for a number of years, if not decades.

Understanding our recommendations: Power Buy—These stocks are our top choices for new buying now. We feel each currently offers the best combination of fundamentals (earnings, sales, cash flow and so on) plus external factors (industry trends and the current share price) to give it a chance of above-average gains