It's been anything but calm in the market and political scene since 2026 rolled in.
The latest major news is the Supreme Court ruled the bulk of President Trump's tariff hikes are illegal so he has downshifted so far while repayment of those tariffs into the billions is next in the courts with companies lining up to be repaid.
The current US and Israel conflict with Iran is driving up oil prices and once again, US moves are making me pay more with higher gas prices today. Hopefully for the short term depending how long that war will last with several Middle East countries engaged as well.
On the flip side, Canada's oil related companies will see more revenue for now. I own a few of those stocks such as Suncor, SU and TC Energy, TRP.
Currently, I'm looking to add to Keyera Corp, KEY-TO, one of that largest midstream oil and gas companies in Canada and ships to the US. With an ex-dividend date of March 16th, 2026 and a current yield of 4.11%, the Distributable Cash flow is around 60% which is what I like to see.
All the Big Banks of Canada had good earnings reports recently. I like to focus on a laggard bank with these reports which has room for price growth but didn't happen this time around. All the big banks increased their dividends except Bank of Nova Scotia, BNS so far this year.
There are many bank related ETFs out there, ranging from capital gains focused with low yields to high and very high yield. A buyers choice depending on how much risk one wants to take on.
One of these I hold for the income is ZWB, BMO Covered Call Canadian Banks with monthly distributions and a growth spurt of 33% within the last year. Top holding is ZEB, which gained about 50% this past year, assisted in that gain.
New with BMO, is a lineup of 16 ETFs; Targeted distribution range cash flow units with monthly distributions. An example is ZWB I mentioned above but with a ticker of ZWB.T (T for target cashflow units). Interesting and I'll be researching those. Being new, there are no distribution amounts updated or performance on the BMO site. I'll wait for BMO to update on distributions.
Sagicor Financial Company, SFC-TO, I mentioned in a previous post has an ex-dividend date of March 27th. SFC will be a new addition to the portfolio which pays it's dividend in USD with a current yield of 4%. Sagicor has been in the investing news of late and hopefully a profitable pick to hold for the long term.
Mid month, I'll be looking at Capital Power, CPX-TO along with South Bow Corporation, SOBO-TO, which has been moving up in price recently. South Bow being the pipeline related spin-off from TC Energy and now in talks with the US to further expand it's pipeline network into the western States.
With the stocks, I like to read up on the monthly stock carry-overs and additional picks by Bank investing pros like Mr. Mokhtari, CIBC's chief marketing technician and compare with other sources to see the latest news on the stocks in my portfolio and others that are interesting enough to add to my watchlist. The above is not investing advise, just my personal opinions and goals.
