Power Corp (POW)

HI there,

POW is one of our Dividend Bull List stocks and we really like what the company is doing. While dividend growth has paused because of the cap on dividend raises imposed by the OSFI, POW is well positioned to raise once that cap is listed. It went through a period of dividend stagnation during the Financial Crisis (much like all financial stocks) but importantly, never cut the dividend. It is a reliable income stock with attractive payout ratios.

Check out our report for more thoughts but yeah, we certainly like this one.

Mat

Of note, I own POW.