Updating Great-West Lifeco, Bank of Nova Scotia and TransCanada Corp.

GREAT-WEST LIFECO $34.40 (Toronto symbol GWO; shares outstanding: 990.0 million; Market cap: $34.1 billion; TSINetwork Rating: Above Average; Dividend yield: 4.3%; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial (Toronto symbol MFC). It also offers mutual funds, retirement planning and wealth management services.

The company… Read More

Top holdings add appeal

POWER CORP. $30.69 (Toronto symbol POW; Shares o/s: 414.4 million; Market cap: $14.5 billion; TSINetwork Rating: Above Average; Dividend yield: 4.7%; www.powercorporation. com) is a holding company with a diversified list of businesses. It holds its financial assets through its 65.6%-owned Power Financial.

In the quarter… Read More

Two Power family members: 1 buy & 1 hold

These two businesses of Power Financial are leaders in their respective industries. That cuts the risk for each and lets them both pay high, sustainable dividends. Still, for new buying, we prefer IGM over Great-West.

GREAT-WEST LIFECO INC. $35 (Toronto symbol GWO; Conservative-Growth Payer Portfolio, Finance… Read More

Q: Hi. I have held Canoe EIT Income Fund for many years and its dividend payout of around 10% is attractive. I’d like to hear what you think of the fund. Many thanks.

A: Canoe EIT Income Fund, $11.93 symbol EIT.UN on Toronto (Units outstanding: 90.1 million; Market cap: $1.1 billion; www.canoefinancial.com), changed its name from EnerVest Diversified Income Trust in November 2013. The stock symbol remained the same.
Canoe EIT is a closed-end fund that invests in a.. Read More

Top assets pay dividends

POWER CORP. $28.82 (Toronto symbol POW; Shares outstanding: 414.4 million; Market cap: $13.5 billion; TSINetwork Rating: Above Average; Dividend yield: 5.0%; www. powercorporation.com) is a diversified holding company. It holds its financial assets through its 65.6%-owned Power Financial.
In the quarter ended March 31, 2017, Power… Read More

It’s a good fit for Great-West

GREAT-WEST LIFECO $33.58 (Toronto symbol GWO; shares outstanding: 986.4 million; Market cap: $33.2 billion; TSINetwork Rating: Above Average; Dividend yield: 4.4%; www.greatwestlifeco.com) is Canada’s secondlargest insurance company, after Manulife Financial (Toronto symbol MFC). It also offers mutual funds, retirement planning and wealth management services.
The company… Read More