Lower costs set stage for dividend hike

MANULIFE FINANCIAL CORP. $24 is a buy. The insurer (Toronto symbol MFC; Conservative-Growth Payer Portfolio; Finance sector; Shares outstanding: 1.9 billion; Market cap: $45.6 billion; Dividend yield: 4.7%; Dividend Sustainability Rating: Above Average; www.manulife.ca) last raised its quarterly dividend by 12.0% with the March 2020… Read More

Canadian sector funds: 1 buy, 1 hold

Last month we recommended some international ETFs—but at the same time, we noted that Canadian investors often have a bias for investing in their home markets. And we agree with that bias—we still recommend that most Canadians hold the bulk of their portfolios in Canadian… Read More

These insurers offer you income and growth

Business for our two top Canadian insurance recommendations remains steady, although COVID-19 has slowed their share-price growth. Still, both firms should rebound quickly once the coronavirus outbreak eases. That will lift the value of their shares. Meanwhile, each insurer offers you a high, sustainable dividend… Read More

Sun Life’s stable dividend adds to its appeal

Sun Life remains a great choice for investors seeking reliable dividends during the COVID-19 pandemic. The company continues to add high-quality businesses, particularly overseas. That should let it keep raising your payments.
SUN LIFE FINANCIAL INC. $53 is a buy. The stock (Toronto symbol SLF; Conservative-Growth Dividend Payer… Read More

Dividend Advisor Hotline – Friday, June 19, 2020

TRANSCONTINENTAL INC., $14.67, Toronto symbol TCL.A, is a buy for aggressive investors.

The company is Canada’s leading commercial printer. It also makes plastic packaging for consumer and industrial products.

With the April 2020 payment, Transcontinental raised your quarterly dividend by 2.3%. Investors now receive $0.225 a share,… Read More