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ARCHER DANIELS MIDLAND CO. $89 is a buy. The stock (New York symbol ADM; High-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 559.6 million; Market cap: $49.8 billion; Dividend yield: 1.8%; Dividend Sustainability Rating: Above Average; www.adm.com) processes corn, wheat, soybeans, flax seed, peanuts and other crops into a variety of food ingredients.
With the March 2022 payment, Archer Daniels raised its quarterly dividend by 8.1%....
With the March 2022 payment, Archer Daniels raised its quarterly dividend by 8.1%....
These two senior technology companies are shifting into faster-growing fields. Those moves brighten their long-term prospects and should lead to more dividend hikes in the years to come.
INTEL CORP. $48 is a buy. The company (Nasdaq symbol INTC); Conservative Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 4.1 billion; Market cap: $196.8 billion; Dividend yield: 3.0%; Dividend Sustainability Rating: Above Average; www.intel.com) is the world’s leading maker of computer chips.
With the March 2022 payment, Intel raised your quarterly dividend by 5.0%....
PRIMARIS REAL ESTATE INVESTMENT TRUST $15 is a buy. The REIT (Toronto symbol PMZ.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 98.3 million; Market cap: $1.5 billion; Distribution yield: 5.3%; Dividend Sustainability Rating: Average; www.primarisreit.com) owns 35 enclosed and open air shopping malls in Canada....
H&R and Choice Properties continue to shed their less-important holdings. Focusing on their top properties helps supports their current distributions, and sets the stage for future increases.
H&R REAL ESTATE INVESTMENT TRUST $13 is a top pick for 2022. The REIT (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 288.4 million; Market cap: $3.7 billion; Distribution yield: 4.0%; Dividend Sustainability Rating: Average; www.hr-reit.com) recently spun off most of its retail properties, including all of its enclosed shopping malls, to a new publicly traded REIT (called Primaris REIT, see box) that it created with the Healthcare of Ontario Pension Plan (HOOPP).
H&R unitholders received one unit of Primaris for every four H&R units they held....
H&R REAL ESTATE INVESTMENT TRUST $13 is a top pick for 2022. The REIT (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 288.4 million; Market cap: $3.7 billion; Distribution yield: 4.0%; Dividend Sustainability Rating: Average; www.hr-reit.com) recently spun off most of its retail properties, including all of its enclosed shopping malls, to a new publicly traded REIT (called Primaris REIT, see box) that it created with the Healthcare of Ontario Pension Plan (HOOPP).
H&R unitholders received one unit of Primaris for every four H&R units they held....
TD 1ST PREFERRED CLASS A SERIES 1 $23.05 (Toronto symbol TD.PF.A) is a preferred share issue from TD Bank (symbol TD on Toronto).
The TD Series 1 preferreds yield 4.0%. That’s higher than the 3.5% offered by the bank’s common shares.
Note, though, that preferred shares behave more like long-term fixed-income instruments than short-term instruments....
The TD Series 1 preferreds yield 4.0%. That’s higher than the 3.5% offered by the bank’s common shares.
Note, though, that preferred shares behave more like long-term fixed-income instruments than short-term instruments....
Pipeline operator Pembina continues to rebound from its March 2020 low of $15.27 as the economy re-opens following COVID-19 shutdowns. Despite the pandemic, the company held its dividend.
As well, a new deal to sell 40% of its Western Canadian gas processing to U.S.-based private equity investor KKR will let Pembina reward its investors with higher dividends and share buybacks later this year.
PEMBINA PIPELINE CORP....
As well, a new deal to sell 40% of its Western Canadian gas processing to U.S.-based private equity investor KKR will let Pembina reward its investors with higher dividends and share buybacks later this year.
PEMBINA PIPELINE CORP....
HONDA MOTOR CO. LTD. ADRs $28 (www.honda.com) is a buy. The company is Japan’s second-largest carmaker, and the world’s biggest motorcycle maker. Honda plans to spend $1.1 billion (net of government grants) over the next six years to upgrade its plants in the province of Ontario to produce electric-powered vehicles (EVs)....
Verizon continues to roll out its ultrafast 5G wireless networks. The extra speed these systems offer will help the company attract new users and drive up revenue as more devices connect to the Internet (called the “Internet of Things”). The higher earnings will also give Verizon more room to reward investors with dividend increases.
VERIZON COMMUNICATIONS INC....
VERIZON COMMUNICATIONS INC....
BROADRIDGE FINANCIAL SOLUTIONS INC. $151 is a buy. The company (New York symbol BR; Aggressive Growth Portfolio, Finance sector; Shares o/s: 116.8 million; Market cap: $17.6 billion; Price-to-sales ratio: 3.2; Divd. yield: 1.7%; TSINetwork Rating: Average; www.broadridge.com) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.
In its fiscal 2022 second quarter, ended December 31, 2021, revenue rose 19.4%, to $1.26 billion from $1.05 billion a year earlier....
In its fiscal 2022 second quarter, ended December 31, 2021, revenue rose 19.4%, to $1.26 billion from $1.05 billion a year earlier....
OTIS WORLDWIDE CORP. $76 is a buy. The company (Conservative Growth Portfolio; Manufacturing & Industry sector; Shares outstanding: 425.0 million; Market cap: $32.3 billion; Price-to-sales ratio: 2.2; Dividend yield 1.3%; TSINetwork Rating: Average; www.otis.com) is the world’s largest maker of elevators and escalators.
In response to Russia’s invasion of Ukraine, Otis has stopped taking new elevator and escalator orders from customers in that country....
In response to Russia’s invasion of Ukraine, Otis has stopped taking new elevator and escalator orders from customers in that country....