Rob Wessel was on BNN Bloomberg today to discuss our expectations for Canadian bank dividend increases and the performance of our Hamilton Enhanced Canadian Bank ETF (HCAL), which ended its first year as the top performing Canadian bank ETF. Please click here to watch the interview.
Hamilton ETFs
Banques canadiennes : Jusqu’où les dividendes peuvent-ils aller ? (Et HCAL surperforme)
Les dividendes des banques canadiennes, à notre avis, sont sur le point d’augmenter – beaucoup. En août, avant la saison des bénéfices du troisième trimestre, nous avons soutenu qu’il n’y avait aucune justification politique au maintien du moratoire sur les augmentations des dividendes (voir « Banques canadiennes : Pourquoi le BSIF devrait lever son plafond de dividendes maintenant »). À ce moment, les bénéfices et les capitaux avaient…
Canadian Banks: How High Can Dividends Go? (and HCAL Outperforms)
Canadian bank dividends, in our view, are poised to rise – a lot. In August, before Q3 earnings season, we argued there was no policy rationale for the continuing moratorium on dividend increases (see “Canadian Banks: Why OSFI Should Lift its Dividend Cap Now”). At the time, earnings and capital were already at all time highs. Moreover, the banks had set aside an enormous ~$21.4 bln…
HCAL Ends First Year as Top Performing Canadian Bank ETF
TORONTO, October 19, 2021 – Hamilton Capital Partners Inc. (“Hamilton ETFs“) is pleased to announce that in its first year ended October 14, 2021, the Hamilton Enhanced Canadian Bank ETF (“HCAL“) had a total return of 60.4%, making it the top performing Canadian bank ETF over this period[1]. HCAL is also one of the highest yielding Canadian bank ETFs with a current indicated yield of 4.95%,…
Hamilton ETFs Announce Changes to Rebalancing Methodology of Hamilton Canadian Bank Mean Reversion Index ETF and Hamilton Enhanced Canadian Bank ETF
TORONTO, October 18, 2021 – Hamilton Capital Partners Inc. (“Hamilton ETFs”) announced today a change in the rebalancing methodology of two exchange-traded funds, Hamilton Canadian Bank Mean Reversion Index ETF (“HCA”) and Hamilton Enhanced Canadian Bank ETF (formerly, Hamilton Canadian Bank 1.25x Leverage ETF, “HCAL” and together with HCA, the “ETFs” and each an “ETF”). Hamilton ETFs is the trustee, manager and portfolio advisor of the…
Hamilton ETFs Announces September 2021 Distributions
TORONTO, September 21, 2021 – Hamilton Capital Partners Inc. (“Hamilton ETFs”) is pleased to announce the cash distributions for its suite of financial services ETFs, all of which trade on the Toronto Stock Exchange, for the period ended September 30, 2021. Regular cash distributions The ex-dividend date for these distributions is anticipated to be September 28, 2021, for all unitholders of record on September 30,…
Banques canadiennes : Bénéfices/capitaux records ; toujours dans le catalyseur n°2 (T3 2021 en graphiques)
Les tendances en matière de bénéfices au troisième trimestre pour les banques canadiennes ont de nouveau été solides, avec des bénéfices et des niveaux de capital records, tandis que la thèse d’investissement des “trois catalyseurs” – normalisation des bénéfices, libération des réserves et augmentation des marges – que nous avons exposée pour le secteur en février continue de se dérouler presque exactement comme prévu[1]. Nous pensons…
Canadian Banks: Record Earnings/Capital; Still in Catalyst #2 (Q3 2021 in Charts)
Q3 earnings trends for the Canadian banks were again strong with record earnings and capital levels, while the ‘three catalyst’ investment thesis – normalization of profits, reserve releases and higher margins – we laid out for the sector in February continues to play out almost exactly as predicted[1]. We believe the banks are still supported by Catalyst #2. Before we discuss Canadian bank results in more…
Financial Post Opinion: Canada’s big banks are stronger than ever, and should be allowed to raise dividends
The Financial Post published our comment on why we believe OSFI should allow dividend increases now as there are no policy reasons to support the ongoing moratorium. Click here to read the full article in the Financial Post.
Banques canadiennes : Pourquoi le BSIF devrait lever son plafond de dividendes maintenant
Avant d’expliquer pourquoi le BSIF, l’organisme de réglementation canadien, devrait lever son plafond sur les dividendes dès que possible, nous aimerions souligner le lancement récent du FNB amélioré vente d’options d’achat couvertes multisectorielles Hamilton (symbole : HDIV), un portefeuille équipondéré de sept FNB d’options d’achat couvertes établis dont la composition sectorielle correspond en général à celle du S&P/TSX 60. HDIV utilise un effet de levier modeste de 25 % pour soutenir des rendements…
Questions et réponses sur HDIV (FNB amélioré vente d’options d’achat couvertes multisectorielles Hamilton)
1. Quels types d’investisseurs devraient considérer le FNB amélioré vente d’options d’achat couvertes multisectorielles Hamilton, ou HDIV ? HDIV est conçu pour les investisseurs à long terme qui cherchent un revenu mensuel plus élevé et une diversification sectorielle. Le fonds utilise un effet de levier modeste de 25 % pour améliorer le rendement des dividendes et le potentiel de rendement accru. Lors de son lancement, HDIV…
Hamilton ETFs Announces Monthly Distributions for August 2021
TORONTO, August 23, 2021 – Hamilton Capital Partners Inc. (“Hamilton ETFs”) is pleased to announce the cash distributions for its ETFs with monthly payouts, all of which trade on the Toronto Stock Exchange, for the month ended August 31, 2021. The ex-dividend date for these distributions is anticipated to be August 30, 2021, for all unitholders of record on August 31, 2021. The distributions will be…