Dividends

New Issue: CWB FixedReset, 6.00%+404, NVCC-Compliant

Canadian Western Bank has announced: its intent to issue $100 million non-cumulative 5-year rate reset First Preferred Shares Series 9 (Non-Viability Contingent Capital (NVCC)) (the “Series 9 Preferred Shares”). The offering will be underwritten on a bought deal basis by a syndicate led by Nat ...

50 top Canadian stock picks for 2019 as chosen by the pros

Last year was a rough one for investors, with markets turning in their worst performance in 10 years. And volatility promises to be a constant challenge for investors in 2019. But where there is upheaval there is also opportunity, and the drop in valuations means there are potential bargains to be ...

New Issue: TD FixedReset 5.20%+327, NVCC-Compliant

The Toronto-Dominion Bank has announced (although not yet on their website): a domestic public offering of Non-Cumulative 5-Year Rate Reset Preferred Shares (non-viability contingent capital (NVCC)), Series 22 (the “Series 22 Shares”). TD has entered into an agreement with a group of underwrite ...

DFN.PR.A To Get Bigger

Quadravest has announced: Dividend 15 Split Corp. (the “Company”) is pleased to announce it will undertake an offering of Preferred Shares and Class A Shares of the Company. The offering will be co-led by National Bank Financial Inc., CIBC World Markets Inc., Scotia Capital Inc. and RBC Capital ...

Are annuities, bonds or GICs best for an 80-year-old’s money?

Q: My wife and I receive about $2,500 a month each in pensions. Plus, we each have about $75,000 in our TFSA accounts and about $180,000 in our RIF accounts. I have never been a fan of bonds, so for the last few years, I have invested in higher yield shares and ETFs. This has proved very successf ...

New Issue: CM FixedReset, 5.20%+331, NVCC-compliant

The Canadian Imperial Bank of Commerce has announced: that it had entered into an agreement with a group of underwriters led by CIBC Capital Markets for an issue of 10 million Basel III-compliant Non-cumulative Rate Reset Class A Preferred Shares Series 49 (Non-Viability Contingent Capital (NVCC)) ...

PIC.PR.A To Get Bigger

Strathbridge Asset Management 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, January 15, 201 ...

6 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 ...

PWF.PR.T : Convert or Hold?

It will be recalled that PWF.PR.T will reset at 4.215% effective January 31, 2019. PWF.PR.T is a FixedReset, 4.20%+237, that commenced trading 2013-12-11 after being announced 2013-12-2. It is tracked by HIMIPref™ and is assigned to the FixedReset Discount subindex. The most logical way to analyz ...

2018's Hedge Fund Winners and Losers?

Alan Mirabella of Bloomberg reports, Hedge Funds Lost Almost 6% Last Year as Markets Roiled Managers:Hedge funds posted a loss of 5.7 percent last year as managers struggled to capitalize on volatility and were roiled by political uncertainty.For December, funds lost 1.9 percent, according to preli ...