Enjoy a 5.2% yield from Andrew Peller Ltd.

Enjoy a 5.2% yield from Andrew Peller Ltd.

Improved selling prices and re-opening restaurants led to a 5.7% jump in revenue for this company during the most-recent quarter. A cost-cutting program should also help lift earnings again.

Meanwhile, the stock trades at just 7.6 times the company’s 2023 earnings forecast.

ANDREW PELLER LTD. (Toronto symbol… Read More

Key updates for dividend investors

SAPUTO INC. $33 is still a hold. The dairy producer (Toronto symbol SAP; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 418.1 million; Market cap: $13.8 billion; Dividend yield: 2.2%; Dividend Sustainability Rating: Above Average; www.saputo.com) last raised its quarterly dividend by 2.9% with the September 2021 payment. The new… Read More

Get a 4.3% yield from Andrew Peller as restaurants and hotels re-open

Get a 4.3% yield from Andrew Peller as restaurants and hotels re-open

Recovering sales ensured the company endured only a small 0.4% drop in revenue during the most-recent quarter.

Sales should continue rising to pre-COVID-19 levels as it also raises selling prices and cuts costs.

The stock trades at 17.4 times the company’s 2022 earnings forecast.

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ANDREW PELLER LTD. (A… Read More

Use our updates to enhance your portfolio

ANDREW PELLER LTD. (A shares) is still a buy. The company (Toronto symbols ADW.A $7.33 and ADW.B $9.64; Income Portfolio, Consumer sector; Shares o/s: 43.1 million; Market cap: $315.9 million; Price-to-sales ratio: 0.9; Dividend yield: 3.4%; www.andrewpeller.com) is Canada’s second-largest wine producer after Arterra Wines.
In its fiscal 2022… Read More

Andrew Peller Ltd. now yields 3.4%

Andrew Peller Ltd. now yields 3.4%

Holding the shares of companies providing consumer staples is a great way for investors to balance the risk of their more-cyclical resources and manufacturing holdings. That’s because sales of food and beverages tend to remain steady no matter what the economy is doing.

We have a.. Read More