Four stealth dividend growth stocks, a trio of ETF turnarounds and what a $5.5-billion fund manager is buying and selling: What you need to know in investing this week

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

Four stealth dividend growth stocks, a trio of ETF turnarounds and what a $5.5-billion fund manager is buying and selling: What you need to know in investing this week (subscribers) GlobeInvestor

For Renato Anzovino, yield is overrated, John Heinzl writes. When the portfolio manager at Heward Investment Management Inc. is hunting for promising stocks, he’s more interested in a company’s dividend growth. The yield may be modest, but if the dividend is growing, it’s often a bullish sign.

The strategy has produced solid results. Since the Heward Canadian Dividend Growth Fund launched a decade ago, it has posted an annualized total return − including dividends – of 9.85 per cent through June 30. That tops the total annualized return – also including dividends – of the S&P/TSX Composite Index by about two percentage points.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

globeinvestor Good insights

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines