Three of our picks just raised their dividends

IMPERIAL OIL LTD. $39 (Toronto symbol IMO; Cyclical-Growth Dividend Payer Portfolio; Resources sector; Shares outstanding: 847.6 million; Market cap: $33.1 billion; Dividend yield: 1.6%; Dividend Sustainability Rating: Above Average; www.imperialoil.ca) is Canada’s secondlargest integrated oil company, after Suncor Energy. U.S. based ExxonMobil (New York symbol… Read More

Two top financial stocks: 1 buy & 1 hold

We continue to like the long-term outlook for these two important members of the Power Financial family. For new buying, we prefer IGM over Great-West.
GREAT-WEST LIFECO INC. $35 (Toronto symbol GWO; Conservative Growth and Income Portfolios, Fi nance sector; shares outstanding: 989.9 million; Market cap:… Read More

Dividend Advisor Hotline – Friday, May 5, 2017

GREAT-WEST LIFECO INC., $34.47, Toronto symbol GWO, is Canada’s second-largest insurance company, after Manulife Financial (Toronto symbol MFC). It also offers mutual funds, retirement planning and wealth management services.
With the March 2017 payment, the insurer raised its quarterly dividend by 6%, to $0.367 per share… Read More

GWO cuts its costs

GREAT-WEST LIFECO $37.09 (Toronto symbol GWO; s/o: 986.4 million; Market cap: $36.4 billion; TSINetwork Rating: Above Average; Divd. yield: 4.0%; 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 has… Read More

Top assets are a big plus

POWER CORP. $30.79 (Toronto symbol POW; Shares outstanding: 414.4 million; Market cap: $14.6 billion; TSINetwork Rating: Above Average; Dividend yield: 4.4%; www.powercorporation.com) is a diversified holding company. It holds its financial assets through its 65.6%-owned Power Financial.
In the quarter ended December 31, 2016, Power Corp.’s… Read More

Acquisitions add risk for GWO

GREAT-WEST LIFECO INC. $37 (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; s/o: 986.4 million; Market cap: $36.5 billion; p/s ratio: 1.9; Divd. Yield: 4.0%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial. It also offers mutual funds,… Read More

Acquisitions increase their risk exposure

ENBRIDGE INC. $55.27 (Toronto symbol ENB; Shares outstanding: 934.2 million; Market cap: $52.7 billion; TSINetwork Rating: Above Average; Dividend yield: 4.2%; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to over… Read More

Payout Boost: GWO ups dividend

GREAT-WEST LIFECO INC. $37 (Toronto symbol GWO; Conservative-Growth Payer Portfolio, Finance sector; Shares outstanding: 986.4 million; Market cap: $36.5 billion; Dividend Yield: 4.0%; Dividend Sustainability Rating: Above Average; www.greatwestlifeco. com) is Canada’s second-largest insurance company, after Manulife Financial (Toronto symbol MFC). It also offers mutual… Read More