Here are key updates on 3 dividend payers

Article Excerpt

CAE INC. $25 remains a buy for long-term gains. The company (Toronto symbol CAE; Conservative-Growth Payer Portfolio, Manufacturing sector; Shares outstanding: 317.9 million; Market cap: $7.9 billion; Dividend suspended in March 2020; Dividend Sustainability Rating: Average; www.cae.com) suspended its $0.11-a-share quarterly dividend in 2020 as COVID-19 hurt demand for its flight simulators. However, you can expect it to resume dividend payments in the next few months as air travel volumes recover. The company is now teaming up with Australian airline Qantas Group to build and operate a new pilot training centre in Sydney, Australia. CAE has not yet said how much it will invest in this project, but the new alliance is for 15 years. The facility should open in 2024. CAE is still a buy. EXTENDICARE INC. $7.04 remains a buy. The company (Toronto symbol EXE; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 88.8 million; Market cap: $625.2 million; Dividend yield: 6.8%; Dividend Sustainability Rating: Average; www.extendicare.com) owns and operates long-term care homes and retirement living communities. Extendicare continues to…