. Year-to-date, the share price has been steadily climbing higher and is up 21 per cent. With a current yield of 3.2 per cent, the company has a conservative payout ratio, suggesting its quarterly dividend is sustainable with room to grow. There are seven buy recommendations on the stock with an anticipated total return of over 20 per cent. Quebec-based Boralex develops and operates renewable energy power generating facilities in Canada, the U.S.
. When a company raises its dividend, it isn’t just putting more money in shareholders’ pockets. It’s also sending a signal that the business is doing well and has the growing revenues and cash flows to sustain the dividend at the new, higher level. He looks at three stocks that just boosted their dividends: Capital Power Corp., A&W Royalties, and SmartCentres REIT. .
as one-ticket solutions to building a portfolio continues to grow in Canada amid their surging popularity . Four new such “asset allocation” ETFs started trading Tuesday on the Toronto Stock Exchange: three from RBC iShares, bringing the bank’s total offerings in the space to five, and one from CI Financial. Vanguard Group at the start of last year was the first in Canada to launch asset allocation ETFs, funds that provide a diversified portfolio of stocks and bonds that automatically rebalance to stay in line with an investor’s risk profile.