This insurance spinoff has promise

Brookfield Asset Management recently spun off its little-known insurance business—Trisura Group.

Unlike bigger insurance companies and brokerage firms focused on providing individual life, health and property insurance, Trisura sells specialized policies to businesses. That coverage includes protection against class-action lawsuits and product warranty claims.

Trisura… Read More

Cost cuts spur Thomson’s earnings

THOMSON REUTERS CORP. $56 (Toronto symbol TRI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 711.6 million; Market cap: $39.8 billion; Price-to-sales ratio: 3.6; Dividend yield: 3.2%; TSINetwork Rating: Above Average; www.thomsonreuters.com) sells specialized information products to banks, brokerage firms, lawyers and tax accountants. It also… Read More

Updates on Telus, TD Bank and Pengrowth Energy

TELUS $46.88 (Toronto symbol T; Shares outstanding: 594.0 million; Market cap: $27.9 billion; TSINetwork Rating: Above Average; Divd. yield: 4.2%; www.telus.com) owns 65% of Telus International. Formed in 2005, this business operates call centres on behalf of corporate clients in North America, Central America, Europe… Read More

Dividend Advisor Hotline – Friday, July 28, 2017

GENUINE PARTS CO., $83.93, New York symbol GPC, sells replacement auto parts through 1,100 outlets under the NAPA banner; its distribution business serves 4,900 independent stores in North America, Australia and New Zealand. Genuine also distributes industrial parts, office products and electrical equipment.
The company increased… Read More

U.S. deal to spur TD profit

TD BANK $60.42 (Toronto symbol TD; Shares outstanding: 1.9 billion; Market cap: $112.8 billion; TSINetwork Rating: Above Average; Dividend yield: 3.6%; www.td.com) owns 42.35% of TD Ameritrade Holding Corp. (Nasdaq symbol AMTD), one of the largest online brokerage firms in the U.S.
The bank and Ameritrade… Read More