Updating your Conservative-Growth Payers: Power Corp. of Canada

POWER CORP. OF CANADA $39 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 649.2 million; Market cap: $25.3 billion; Dividend yield: 5.8%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) holds controlling stakes in Canadian financial services firms Great-West Lifeco (insurance) and IGM… Read More

Earnings are up 20.7% at Intact Financial

Earnings are up 20.7% at Intact Financial

Higher premiums from personal lines and commercial business also drove revenue 6.2% higher in the most recent quarter.

What’s more, a 10% dividend increase and sharply higher earnings signal a strong future ahead. The shares are up 20.7% this year and 119.1% over the last five… Read More

Intact’s acquisitions help it thrive

Intact Financial is now close to its recent, all-time high—and the shares are up a spectacular 411% since we first recommended them at $42.95 in our April 2010 issue. We think this Power Buy is poised to keep moving even higher for you, our subscribers.
INTACT FINANCIAL, $219.30, is… Read More

Both are down, but one is a buy

On August 3, 2021, the old L Brands holding company (old New York symbol LB) split into two separate firms: Victoria’s Secret and Bath & Body Works. Investors received one new share of Victoria’s Secret for every three shares of L Brands they held. L.. Read More

These utilities tap into rising power demand

Demand for electrical power in Canada continues to rise due to several factors. Those include an expanding population and the shift to electric-powered cars. Moreover, the construction of new datacentres to handle power-intense artificial intelligence will also spur electricity demand.
A good way for investors to… Read More