Get a 4.7% yield from Transcontinental Inc.

Get a 4.7% yield from Transcontinental Inc.

Asset sales and reduced demand because of COVID-19 led to a 19.4% revenue drop for this company during the most-recent quarter. 

However, its ongoing shift to packaging should cut long-term risk and help support the dividend. 

TRANSCONTINENTAL INC. (Toronto symbol TCL.A; www.tctranscontinental.com) is Canada’s leading commercial printer… Read More

Three key updates to boost your returns

SNAP-ON INC. $147 is still a hold. The company (New York symbol SNA; Conservative-Growth Dividend Payer Portfolio, Manufacturing sector; Shares outstanding: 54.9 million; Market cap: $8.1 billion; Dividend yield: 2.9%; Dividend Sustainability Rating: Above Average; www.snapon.com) makes tools for auto mechanics and sells them through a fleet of franchised… 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