Buy these two for their government contracts

Both Calian and Extendicare have a major plus on their side during this time of COVID-19 uncertainty. Specifically, the two get most of their revenue from governments. For Calian, revenue generated from departments and agencies of the Canadian government currently represents about 69% of the… Read More

Vaccines help boost its cash flow

EXTENDICARE INC. $8.23 remains a buy. The operator of long-term care homes (Toronto symbol EXE; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 89.5 million; Market cap: $736.6 million; Dividend yield: 5.8%; Dividend Sustainability Rating: Average; www.extendicare.com) continues to pay monthly distributions of $0.04 a.. Read More

Get a 6.0% yield from Extendicare

Get a 6.0% yield from Extendicare

Expanded service and contract offerings led to an 18.6% revenue bump for this company in the quarter ended March 31.  

COVID-19 has pressured the share price but earnings are up sharply and the company’s business is deemed an essential service.

EXTENDICARE INC. (Toronto symbol EXE; www.extendicare.com)… Read More

Here are key updates for income investors

NORTONLIFELOCK INC. $28 is a buy. The company (Nasdaq symbol NLOK; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 591.9 million; Market cap: $16.6 billion; Dividend yield: 1.8%; Dividend Sustainability Rating: Average; www.nortonlifelock.com) sold its Enterprise Security business to Broadcom (Nasdaq symbol AVGO) in late… Read More

Vaccines cut Extendicare’s risk

EXTENDICARE INC. $6.59 remains a buy. The operator of long-term care homes (Toronto symbol EXE; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 89.5 million; Market cap: $589.8 million; Dividend yield: 7.3%; Dividend Sustainability Rating: Average; www.extendicare.com) continues to pay monthly distributions of $0.04 a share, for an annual… Read More