BMO strategist makes two changes to his North American Dividend Income guided portfolio

top links

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

BMO chief strategist Brian Belski updated his North American Dividend income Guided Portfolio,

“Our North American Dividend Income Guided Portfolio was up 3.8 per cent in August, outperforming its blended dividend aristocrats benchmark by 94 basis points. 19 of our 30 names posted positive returns in August. UnitedHealth, Royal Bank and Apple were top performers. These gains were slightly offset by weakness from Canadian Tire, QSR and Microsoft. Performance: August = up 0.9 per cent; Year-to-date = 3.3 per cent; Changes = Add: Wells Fargo (WFC) in place of LyondellBasel (LYB)”

The list is now Telus Corp., Verizon Communications Inc., Canadian Tire Corp. Ltd., Restaurant Brands Inte