Enjoy a high 6.2% yield from H&R REIT

Enjoy a high 6.2% yield from H&R REIT

REITs typically distribute a significant portion of their income to investors as dividends, which can provide a steady stream of passive income for your retirement or other needs.

What’s more, investing in REITs allows diversification within the real estate sector. REITs own and manage various types… Read More

These top REITs are poised for a rebound

These two REITs own some of the best properties in Canada’s biggest cities. Despite the disruptions caused by the work from home and online shopping trends, those high-quality holdings should continue to attract tenants.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST, $15.66, is a buy. The REIT (Toronto symbol… Read More

Low-margin deals hurt Kyndryl

KYNDRYL HOLDINGS INC. $25 is still a hold. The company (New York symbol KD; Conservative Growth, Manufacturing & Industry sector; Shares outstanding: 230.5 million; Market cap: $5.8 billion; Price-to-sales ratio: 0.4; No dividend paid; TSINetwork Rating: Average; www.kyndryl.com) helps corporate and government clients manage their datacentres.
On November 3,… Read More

GE’s three-way breakup is now complete

Conglomerate General Electric has completed its plan, first announced in 2021, to split into three public companies.
The first stage occurred on January 3, 2023 when General Electric investors received one share of medical equipment subsidiary GE HealthCare for every three GE shares they held. Parent… Read More

Dividend Advisor Hotline – Friday, June 21, 2024

BCE INC., $44.65, Toronto symbol BCE, is still a buy.

The company is Canada’s largest traditional telephone service provider. It has 1.98 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.50 million high-speed Internet users and 2.08 million fibre-optic TV subscribers… Read More

Lower costs should lift these two

Apparel maker VF has dropped about 80% since its spun off its jeanswear business (Kontoor) in May 2019, while the new firm has gained over 65%. We still like VF, as it is now aggressively cutting its costs. That should lift its profits and stock… Read More

IBM has a better short-term outlook

IBM has a long history of transforming itself in response to rapid changes in computer technology. In the past few years, it has shifted it focus to its cloud operations, which let users go online to access data files and computer applications stored on remote… Read More