Narrower focus works for Telus

Dear Client:
Telus—unlike its main competitors, BCE and Rogers—prefers to concentrate on its core telecom businesses instead of diversifying into other areas such as TV broadcasting and sports teams. That strategy has let it focus on improving customer service and getting subscribers to buy more services… Read More

A Yield to Caution

DIVIDEND 15 SPLIT CORP. $10.74 (Toronto symbol DFN; Shares outstanding: 43.9 million; Market cap: $471.5 million; Dividend yield: 11.2%; www.puremultifamily.com) holds shares of 15 big Canadian companies. These include BCE, Bank of Nova Scotia, Thomson Reuters, Loblaw Cos., Sun Life Financial, Enbridge and Telus. It… Read More

ATCO LTD. ACO.X $39 and ACO.Y $39

ATCO LTD. (Toronto symbols ACO.X [class I non-voting] $39 and ACO.Y [class II voting] $39; Income Portfolio, Utilities sector; Shares outstanding: 115.0 million; Market cap: $4.5 billion; Price-to-sales ratio: 1.1; Dividend yield: 2.9%; TSINetwork Rating: Above Average; www.atco.com) gets most of its earnings from its… Read More

Hi Pat: What do you think of Dividend 15 Split Corp.? The yield is about 9% and holds the top 15 financial corporations in Canada. I know the banks don’t have a 9% yield so I am not sure how these work. Please provide your recommendation. Thank you!

Dividend 15 Split Corp., $12.30, symbol DFN on Toronto (Shares outstanding: 13.6 million; Market cap: $167.3 million; www.dividend15.com), is a split-share investment corporation that holds shares of 15 companies: BCE Inc., CI Financial Corporation, Bank of Nova Scotia, Thomson Reuters, National Bank of Canada, TransAlta… Read More

Your comments on Dividend 15 Split Corp. would be appreciated. The return looks impressive and it holds many of the stocks you recommend. Keep up the good work, I’ve been in the Inner Circle for years and have profited nicely. Many thanks.

Dividend 15 Split Corp., $11.69, symbol DFN on Toronto (Shares outstanding: 11.2 million; Market cap: $131.2 million), is a split-share investment corporation that holds shares of 15 companies: BCE Inc., CI Financial Corporation, AGF Management, TransAlta Corporation, SunLife Financial, Canadian Imperial Bank of Commerce, TransCanada… Read More