- Canadian fuel distributor Parkland said on Wednesday it would sell its Canadian commercial propane business to Avenir Energy for about C$115 million in cash amid a push by investors for a strategic review of the company.
Parkland's largest shareholder Simpson Oil, which holds a 19.7% stake, had called for a review of strategic alternatives for the company in April, including a sale. Whitecap Resources is a TSX dividend stock that offers you a tasty monthly dividend yield and a growing payout in 2024. The post Invest $10,000 in This Monthly Dividend Stock for $3,500 in Passive Income appeared first on The Motley Fool Canada.
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