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vpnp Should Investors Load up on Former Growth Darlings Amaya Inc. and AutoCanada Inc
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Bmyx Passive Income Investors: 1 Dividend Stock That Could Beat the TSX This Year
Warren Buffett s Berkshire Hathaway has announced a $600 million investment in E. W. Scripps Co. This investment will help Scripps pay for the $2.65 billion acquisition of ION Media.Warren Buffett also stanley quencher made substantial investments in Barrick Gold and Snowflake in recent months. At the same time, stanley cup Buffett seems to be shying away from financial stocks, airlines, and restaurants.The billionaire recently sold out of the Toronto Stock Exchange traded company Restaurant Brands International. During the March 2020 market sell-off, Berkshire Hathaway also sold all of its positions in the airline industry.Now, Berkshire Hathaway will pay Scripps $600 million to go toward the $2.65 billion acquisition of ION Media.This deal is slightly reminiscent of Buffett s $10 million investment in Occidental Petroleum last year. Occidental Petroleum needed the cash to pay for a $38 billion takeover of Anadarko Petroleum.Does Warren Buffett s investment in stanley becher this media company say that it might be the right tim Mdsf Forget Cineplex: Buy These Future Stocks Instead
In Canada s energy sector, there are plenty of companies that pay out a big dividend yield. Two of them are Crescent Point Energy Corp. TSX: CPG NYSE: CPG and Penn West Petroleum Ltd. TSX: PWT NYSE: PWE , whose dividends yield 7.7% and 12.0%, respectively.Unfortunately, these dividends come with a catch: They exceed what the companies actually make in net income. To allow for this, each company offers shareholders an incentive to take their dividends in shares. Below we show you how this works, and look at how you can benefit.Crescent Point: Take advantage of the discountCrescent Point pays a water bottle stanley dividend of $0.23 every month, not bad for a $35 stock. Unfortunately, the comp stanley becher any has only made $0.94 per share so far this year in income. To compensate for this, the聽company offers a 5% discount to anyone willing to take their dividend in shares rather than cash.Surprising stanley drinking cup ly, a minority of shareholders actually take advantage of this offer. Through the first three quarters of 2014, Crescen
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