Summary A comparison of the 5, 10, 15, and 20 year returns for the Big 5 Canadian banks shows a clear winner. The banks which have had significant US exposure for several years have fared much better than those which do not or which have only recently entered the US market. Despite the various headwinds/uncertainties [...]
This is my August 2018 FFJ Portfolio dividend income update. The portfolio was created in January 2017 for the purpose of demonstrating how investing in well managed companies with competitive advantages can assist investors in reaching their long-term financial goals without the need to speculate or to chase dividend yield. August was a relative [...]
Constellation Brands is currently awaiting regulatory approval to increase its stake from ~10% to 38% in Canopy Growth, Canada's premier legal cannabis manufacturer. Due to the uncertainty as to how this industry will evolve, I am reluctant to take a direct position in any cannabis producer. I do, however, wish to have some exposure to [...]
Summary Constellation Brands is awaiting regulatory approvals to increase its ownership in Canopy Growth to 38% from ~10% in an effort to capitalize on opportunities in the cannabis industry. The cannabis industry is Canada is undergoing a significant transformation and other major liquor companies are / will enter this space. I am reluctant to invest [...]
Hormel Foods, the maker of SPAM and Skippy Peanut Butter, released its Q3 results on August 23. This article is an update to my February 22 and May 24 articles. Summary HRL is transitioning from low margin commodity related businesses to higher margin branded value added products. Brands with a long history in North [...]
Summary HRL is transitioning from low margin commodity related businesses to higher margin branded value added products. Brands with a long history in North American markets are being well received in international markets. HRL is one of a handful of companies which has increased its dividend for 50+ consecutive years. The dividend yield is low [...]
This is a follow up to my August 21st J.M. Smucker Company article in which I explained how I am employing the use of a conservative call option strategy to generate additional income while I patiently wait for this company's restructuring efforts to pan out. My objective, albeit ambitious, is to generate ~$7,390 in dividend [...]
The J.M. Smucker Company is currently transforming its business and the investment community has not reacted kindly to the speed at which this transformation is occurring and level of progress made to date. As a result, shares have come under pressure. While investors wait for this transformation to generate the desired results, there is a [...]
I have held shares in this company since January 2007 and view its as a core holding and fully intend to continue to add to my current position. The company's stock price, however, has surged subsequent to early July 2018 to the extent where I view the shares as being priced to perfection. Summary This [...]
Summary This high quality Canadian insurance company has grown successfully through multiple acquisitions and is now one of Canada’s largest P&C insurance companies (~17% market share). Growth opportunities in Canada are limited in that the top 5 P&C insurers in Canada have a 48% market share. In 2017, it expanded into the US market but [...]
