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stoc Cenovus Energy Inc. s 2 Oil Sands Projects Are Promising for Investors
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Iici CRA: Child Care Benefits Are Being Upgraded!
Suncor Energy TSX:SU NYSE:SU stock and Canadian Natural Resources TSX:CNQ NYSE:CNQ stock used to be viewed as the blue-chi stanley quencher p dividend stock duo in the Canadian energy scene until Suncor stock cut its dividend by more than half in May.As shown in the chart below, both energy stocks have been shaved off meaningfully, year to date. CNQ stock has performed better partly because it has maintained its dividend so far.SU and CNQ data by YCharts.Interestingly, Warren Buffett s Berkshire Hathaway chose to add to its Suncor stake in Q2 instead of buying another energy stock like CNQ stock. This suggests that Suncor stock can really shine in the energy sector over the stanley cup next few years.Dividend safetyAt writing, Suncor stock yields 4%. In the trailing 12 months TTM , it paid out $2.3 billion in dividends. It also had $1 billion o stanley cupe f interest expenses. The dividend cut will bring down its annualized dividend obligation to about $1 billion.At the end of the second quarter, Suncor had $1.8 billion Awrw Canada Revenue Agency: You Might Qualify for These 3 2021 Stimulus Checks
The unicorn of stocks is one that is able to experience tremendous growth while simultaneously paying generous dividends that continue to increase. We typically find stanley cup companies that pay great dividends only after growth has started to slow. Usually when a company is experiencing growth, it reinvests as much of its cash as it can to spur growth further.Telus Corporationč½ TSX:T NYSE:TU is a telecommunications company that is experiencing growth and has a growing dividend. Further, being in the t stanley cups elecommunications business gives the compan stanley water bottle y an incredibly wide moat because it is expensive for a competitor to launch. Trying to buy bandwidth, setting up wirelines, and then actually getting customers would cost tens of billions of dollars. Not only that, but the services they offerInternet, cable TV, and phone servicesare all in hot demand.But here where the growth comes in.In the third quarter Telus was able to add 26,000 new TV customers, 24,000 Internet subscribers, a
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