Since our initial Buy recommendation in May 2019, CIBC has returned between 430% and 450% including reinvested dividends.

Mullen Group is an Alberta-based transportation and logistics company, with a market cap of $2.64 billion. It’s mainly known as a trucking company, but Mullen also provides specialized services related to the energy, mining, forestry, and construction industries in Western Canada. These include water management, fluid hauling, and environmental reclamation.

We recommended the stock in May 2023 at $15.46. The major attractions were a steady share price and a monthly dividend of $0.06 per share ($0.72 a year), which at the time generated a yield of 4.7%. In August 2024, the monthly dividend was raised to $0.07 ($0.84 a year), for a yield of 2.8% at the recent price of $29.75.

The rise in the share price reduced the yield, but those who bought at the time of our original recommendation have a capital gain of 86% to compensate.

Keyera provides services such as gathering, processing, fractionation, storage, transportation, and marketing liquid natural gas (LNG). It does not do any exploration or production.

This was the first ETF launched by Bank of Montreal in 2010 and is a good-sized fund with $222 million in assets. It offers reasonable liquidity and passively follows the Dow Jones Brookfield Global Infrastructure North American Listed Index, with weightings based on the market capitalization of the stocks in the index.

Brookfield operates one of the world’s largest publicly traded platforms for renewable power and decarbonization solutions.  It operates over 40 gigawatts of total installed capacity including  hydroelectric, wind, solar, and utility-scale battery energy storage systems, alongside sustainable solutions like nuclear services (via Westinghouse Electric) and green fuels.