BMO chief investment strategist Brian Belski’s performance report on his North American Dividend Growth portfolio provided informative commentary on market conditions for equity income investors,
The top five holdings in the dividend growth portfolio are Enbridge Inc., Bank of America, Toronto-Dominion Bank, TC Energy Corp. and JP Morgan Chase & Co. The bottom five performers for the quarter were Brookfield Infrastructure Corp., Target Corp., BCE Inc., Telus Corp and Emera Inc. The top five performers were all non-Canadian - Amgen Inc., Comcast Corp., UnitedHealth Group, Cisco Systems Inc. and LyondellBasell Industries.