This retailer remains a solid payer

Canadian Tire survived the COVID-19 lockdowns thanks largely to its expanding e-commerce services. As a result, it did not cut its dividend during the pandemic.
Now that lockdowns have ended, the company’s strong brands and new loyalty plans are helping draw customers back to its stores… Read More

Dividend Advisor Hotline – Friday, May 12, 2023

CANADIAN TIRE CORP., $168.28, Toronto symbol CTC.A, is a top pick for 2023.

Investors benefit from the company’s 504 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations. The company’s other operations also enrich its outlook… Read More

Leon’s jumps on spinoff plan

LEON’S FURNITURE LTD. $23 is a buy for aggressive investors. The retailer (Toronto symbol LNF; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 67.9 million; Market cap: $1.6 billion; Price-to-sales ratio: 0.5; Dividend yield: 2.8%; TSINetwork Rating: Average; www.leons.ca) began operating in 1909. It now controls nationwide chains (a… Read More

These retailers have an online advantage

The COVID-19-induced surge in online shopping volumes has slowed with the re-opening of physical stores. That has helped lift the shares of these three retailers.
Even so, each of them continues to trade at an attractive multiple to its earnings, and will probably keep raising its… Read More