Dividends

POW & PWF To Combine, Redeem $350-million Preferreds; S&P Upgrades POW to P-1(low)

Standard & Poor’s has announced: Power Corp. of Canada (PCC) announced its intent to reorganize simplifying its organizational hierarchy by acquiring the remaining public shares of Power Financial Corp. (PFC) that it does not currently own. We are raising our ratings on PCC by one notch, inclu ...

Here’s how to spot the best stocks for DRIP investing

The best stocks for DRIP investing are high-quality, well-managed companies with a history of making dividend payments. Here’s how to find them. Some dividend stocks give their shareholders the opportunity to participate in dividend reinvestment plans (DRIPs). This lets investors use their divide ...

HSE.PR.C : Convert or Hold?

It will be recalled that HSE.PR.C will reset at 4.689% effective December 31, 2019. HSE.PR.C is a FixedReset, 4.50%+313, that commenced trading 2014-12-9 after being announced 2014-12-1. The initial reset rate announcement was quickly determined to be anomalous and eventually corrected. The issue i ...

TRP.PR.A & TRP.PR.F : Convert or Hold?

It will be recalled that TRP.PR.A will reset at 3.479% effective December 31, 2019. TRP.PR.A commenced trading 2009-9-30 after being announced 2009-9-22. It commenced life as a FixedReset, 4.60%+192, that reset to 3.266% effective 2014-12-31. Assiduous Readers may recall that I have blamed the 2014 ...

AZP.PR.B & AZP.PR.C : Convert or Hold?

It will be recalled that AZP.PR.B will reset at 5.739% effective January 1, 2020. AZP.PR.B used to be CZP.PR.B, which used to be EPP.PR.B, and throughout these changes was a FixedReset, 7.00%+418, which commenced trading 2009-11-2 after being announced 2009-10-13. You can’t tell your players with ...

BPO.PR.A : Convert or Hold?

It will be recalled that BPO.PR.A will reset at 4.709% effective January 1, 2020. BPO.PR.A is a FixedReset, 4.75%+315, that commenced trading 2014-10-23 after being announced 2014-10-7. The issue is tracked by HIMIPref™ but relegated to the Scraps index on credit concerns. The most logical way to ...

FFH.PR.C & FFH.PR.D : Convert or Hold?

It will be recalled that FFH.PR.C will reset at 4.709% effective January 1, 2020. FFH.PR.C was issued as a cumulative FixedReset issue, 5.75%+315 that commenced trading 2009-10-5 after being announced 2009-9-29. It reset to 4.578% in 2014. I recommended in favour of conversion to FloatingResets. Th ...

Market Update. US and Canadian markets hit new one year highs in November

The month at a glance All WealthBar portfolios with sizable equity allocation had notable returns in November as all major US indices once again hit new record highs, and the Canadian S&P/TSX surged to a one-year high. In brief: November Market Movers All major US equity indices hit new record hig ...

XTD.PR.A To Get Bigger

Quadravest has announced: TDb Split Corp. (the “Company”) is pleased to announce it has filed a preliminary short form prospectus in each of the provinces of Canada with respect to an offering of Priority Equity Shares and Class A Shares of the Company. The offering will be co-led by National B ...

BCI's Dunatov on the Limits of Diversification

Sarah Jones of top1000funds reports that Stefan Dunatov, head of investment strategy and risk at Canada’s BCI, says long term investors should forget about diversification at the strategic level and instead focus on buying growth beta assets:Dunatov, who joined British Columbia Investment Managem ...