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LEON’S FURNITURE LTD. $24 is a buy for aggressive investors. The furniture retailer (Toronto symbol LNF; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 78.3 million; Market cap: $1.9 billion; Dividend yield: 2.7%; Dividend Sustainability Rating: Average; www.leons.ca) last increased your quarterly dividend with the January 2021 payment....
T. ROWE PRICE GROUP INC. $157 is a buy. The seller of mutual funds (Nasdaq symbol TROW; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 226.9 million; Market cap: $35.6 billion; Dividend yield: 2.8%; Dividend Sustainability Rating: Above Average; www.troweprice.com) last raised its quarterly dividend by 20.0% in March 2021....
Canada’s banking regulator recently lifted the freeze on bank and insurer dividend hikes it imposed at the start of the COVID-19 pandemic. As a result, Manulife and Sun Life have now rewarded investors with special dividends. We expect recent acquisitions and other moves will also let them raise your regular dividend payments in 2022.
MANULIFE FINANCIAL CORP....
MANULIFE FINANCIAL CORP....
Big telecommunication providers, like BCE and AT&T, remain great picks for income-seeking investors—their regulated businesses generate plenty of cash flow for dividends even when interest rates rise. The launch of new 5G wireless services also sets them up for new growth.
BCE INC....
BCE INC....
KRAFT HEINZ CO. $36 is a hold. The foodmaker (Nasdaq symbol KHC, Conservative-Growth Dividend Payer Portfolio; Consumer sector; Shares outstanding: 1.2 billion; Market cap: $43.2 billion; Dividend yield: 4.4%; Dividend Sustainability Rating: Average; www.kraftheinzcompany.com) cut its quarterly dividend by 36.5% with the March 2019 payment, to $0.40 a share from $0.63....
Molson and Saputo are adding new products to their portfolios as demand for their legacy products slows. These moves will help them maintain their dividends. However, their short-term outlook remains uncertain.
MOLSON COORS CANADA INC. is still a hold. The beer brewer (Toronto symbols TPX.A $65 and TPX.B $63; Conservative Growth Payer Portfolio, Consumer sector; Shares o/s: 216.7 million; Market cap: $13.7 billion; Dividend yield: 2.6; Dividend Sustainability Rating: Average; www.molsoncoors.com) has now resumed regular quarterly payments of $0.34 U.S....
MOLSON COORS CANADA INC. is still a hold. The beer brewer (Toronto symbols TPX.A $65 and TPX.B $63; Conservative Growth Payer Portfolio, Consumer sector; Shares o/s: 216.7 million; Market cap: $13.7 billion; Dividend yield: 2.6; Dividend Sustainability Rating: Average; www.molsoncoors.com) has now resumed regular quarterly payments of $0.34 U.S....
TEXAS INSTRUMENTS INC. $178 is a buy. The company (Nasdaq symbol TXN; High-Growth Dividend Payer Portfolio, Manufacturing sector; Shares outstanding: 924.0 million; Market cap: $164.5 billion; Dividend yield: 2.6%; Dividend Sustainability Rating: Above Average; www.ti.com) makes analog computer chips, which convert touch, sound and pressure into the electronic signals that computers can understand.
With the November 2021 payment, the company raised your quarterly dividend by 12.7%....
With the November 2021 payment, the company raised your quarterly dividend by 12.7%....
The best green energy producers, like Innergex and Brookfield, secure long-term contracts for their wind and solar projects. That cuts investor risk and provides steady cash flow for dividends.
INNERGEX RENEWABLE ENERGY INC. $18 is a buy. The company (Toronto symbol INE; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 192.8 million; Market cap: $3.5 billion; Dividend yield 4.0%; Dividend Sustainability Rating: Above Average; www.innergex.com) lets you tap 38 hydroelectric plants, 32 wind farms and 7 solar fields.
In February 2020, Innergex formed an alliance with Hydro-Quebec to expand its renewable energy businesses....
INNERGEX RENEWABLE ENERGY INC. $18 is a buy. The company (Toronto symbol INE; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 192.8 million; Market cap: $3.5 billion; Dividend yield 4.0%; Dividend Sustainability Rating: Above Average; www.innergex.com) lets you tap 38 hydroelectric plants, 32 wind farms and 7 solar fields.
In February 2020, Innergex formed an alliance with Hydro-Quebec to expand its renewable energy businesses....
WESTSHORE TERMINALS INVESTMENT CORP. $27 (Toronto symbol WTE; Shares outstanding: 63.3 million; Market cap: $1.7 billion; Dividend yield: 3.7%; www.westshore.com) operates a coal storage and loading terminal at Roberts Bank, B.C.
Westshore ships both metallurgical coal (for steelmaking) and thermal coal (for power plants)....
Westshore ships both metallurgical coal (for steelmaking) and thermal coal (for power plants)....
For 2022, we’ve once again selected three top picks for dividend-seeking investors. All three provide you with sustainable, above-average yields. What’s more, we expect they will continue to raise their payments for many years to come.
ALGONQUIN POWER & UTILITIES CORP....
ALGONQUIN POWER & UTILITIES CORP....