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ATCO LTD. (class I non-voting) is a buy. The company (Toronto symbols ACO.X [class I non-voting] $50 and ACO.Y [class II voting] $50; Income-Growth Portfolio, Utilities sector; Shares outstanding: 112.2 million; Market cap: $5.6 billion; Dividend yield: 3.7%; Dividend Sustainability Rating: Above Average; www.atco.com) gets most of its earnings from its 52.5% stake in Canadian Utilities Ltd (Toronto symbol CU). It also owns ATCO Structures & Logistics, which supplies temporary buildings to construction, mining and energy-exploration firms, and a 40% stake in Neltume Ports, which operates 18 ports in South America.
Pipeline companies are great picks for income-seeking investors, as their regulated operations give them plenty of cash flow for new investments and dividend payments. We like the outlook for both of the following, but we prefer Pembina for your new buying.
These leading insurance companies continue to generate strong profits, particularly from their Asian operations. That lets them reward you with regular dividend hikes.
TELUS CORP. $23 a buy. The company (Toronto symbol T; Income-Growth Portfolio, Utilities sector; Shares outstanding: 1.5 billion; Market cap: $34.5 billion; Dividend yield: 7.2%; Dividend Sustainability Rating: Highest; www.telus.com) is Canada’s largest wireless carrier with 14.18 million subscribers. It also sells landline phone, Internet, TV, and security services in B.C., Alberta and eastern Quebec.


With the July 2025 payment, Telus raised your quarterly dividend by 3.5%, to $0.4163 a share from $0.4023.
These two office REITs stand to gain as the shift to remote work during the pandemic continues to wind down. They are also selling their less-desirable properties. That should let them maintain their current distribution rates.
BMO INTERNATIONAL DIVIDEND ETF $27 (Toronto symbol ZDI; Units outstanding: 25.6 million; Market cap: $691.2 million; Dividend yield: 3.7%; www.bmoetfs.ca) offers exposure to a portfolio of high-yield, dividend-paying companies in developed markets. The fund excludes North American firms.


The ETF started up in November 2014. Its MER is a reasonable 0.44%.
Oil giant Chevron recently completed its acquisition of rival Hess Corp. That gives it access to a highly promising offshore field near Guyana and bolsters its already high-quality reserves.


Here’s another plus: savings from the merger boosts cash flow and lets Chevron keep hiking your dividend annually, as it has the past 38 years.
This month, we are updating our WSSF Portfolio for Income-Seeking 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.
QUAKER CHEMICAL CORP. $145 (www.quakerhoughton.com) remains a buy. The company makes specialty chemicals and lubricants for industrial uses. With the October 2025, Quaker will increase your quarterly dividend by 4.7%, to $0.508 from $0.485 a share. The new annual rate of $2.032 yields 1.4%. The company has now raised that annual rate each year for the past 16 years.
Despite the new tariffs and the elimination of the de minimis exemption that lets shipments valued at less than $800 enter the U.S. duty free, eBay’s shares are up 60% since the start of 2025. That’s mainly due to its leading position with collectors of high-value sneakers and jewellery. A new AI shopping tool should also spur its earnings—and the stock—higher over the next few years.