Dividends

EFN.PR.C : Convert or Hold?

It will be recalled that EFN.PR.C will reset At 6.210% effective June 30, 2019. EFN.PR.C was announced 2014-2-26 as a FixedReset, 6.50%+481, but was not added to HIMIPref™ at that time as the company did not have a credit rating. The company received an initial rating from DBRS on 2015-9-24 and H ...

MFC.PR.L : No Conversion to FloatingReset

Manulife Financial Corporation has announced (on June 5): that after having taken into account all election notices received by the June 4, 2019 deadline for conversion of its currently outstanding 8,000,000 Non-cumulative Rate Reset Class 1 Shares Series 15 (the “Series 15 Preferred Shares”) ( ...

Maxed out your RRSP and TFSA? What’s next? Non-registered investments vs. HISAs or GICs

So, you’ve maxed out your registered retirement savings plan (RRSP) and tax-free savings account (TFSA). Maybe you’re a diligent saver. Or you’ve just sold a home or a business. Maybe you’ve inherited wealth. Whatever the reason, you’ve got additional money to invest. And if you were thin ...

CM.PR.K Relatively Strong on Excellent Volume

Canadian Imperial Bank of Commerce has announced: that it has completed the offering of 10 million Non-cumulative Rate Reset Class A Preferred Shares Series 51 (Non-Viability Contingent Capital (NVCC)) (the “Series 51 Shares”) priced at $25.00 per share to raise gross proceeds of $250 million. ...

CM.PR.Y Relatively Strong on Excellent Volume

Canadian Imperial Bank of Commerce has announced: that it has completed the offering of 10 million Non-cumulative Rate Reset Class A Preferred Shares Series 51 (Non-Viability Contingent Capital (NVCC)) (the “Series 51 Shares”) priced at $25.00 per share to raise gross proceeds of $250 million. ...

TD.PF.M Outperforms Market on Modest Volume

The Toronto Dominion Bank’s new issue closed today without an announcement on their website. TD.PF.M is a FixedReset 5.10%+356, NVCC, announced 2019-5-24. It will be tracked by HIMIPref™ and has been assigned to the FixedReset (Discount) subindex. The issue traded 680,093 shares today in a rang ...

TA Downgraded to P-4(high) by S&P

On March 26, S&P placed TA on Creditwatch-Negative: Calgary, Alta.-based TransAlta Corp. has announced that it entered into an agreement with Brookfield Renewable Partners L.P. with respect to the partial sale of TransAlta’s Alberta hydro assets. As part of this transaction, TransAlta will iss ...

PIC.PR.A To Get Bigger

Strathbridge Asset Management Inc. has announced: Premium Income Corporation (the “Fund”) is pleased to announce that it is undertaking an overnight treasury offering of Preferred Shares and Class A Shares. The sales period for the overnight offering will end at 9:00 am EST tomorrow, June 4, 20 ...

MAPF Performance : May, 2019

Malachite Aggressive Preferred Fund’s Net Asset Value per Unit as of the close May 31, 2019, was $8.1061. Returns to May 31, 2019 Period MAPF BMO-CM “50” Preferred Share Index TXPR*Total Return CPD – according to Blackrock One Month -5.01% +% -3.00% N/A Three Months -5.92% +% -3. ...

14 Canadian Dividend Growth Stocks Increasing Dividends

Disclosure: Some of the links below are affiliate links (AL), meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase. See disclaimer. Each month I update readers of all the dividend increases in the Canadian Dividend All-Star List (Canadian comp ...