Marketing and Communications Giant Omnicom Group Inc. Boosts Quarterly Dividend.

Marketing and communications giant Omnicom Group Inc. (NYSE: OMC) boosted its quarterly dividend 9% or 5 cents to 60 cents per share.

While OMC and other such stocks have taken a beating recently, I still think the Company is an attractive hold and I am taking the 15% drop in price since I first made  mention of the stock on November 30th 2016 in stride. As at the close of business on October 16th, OMC is changing hands for less than 15 times future earnings.

Take a look below to read why I believe in this Company:

A Stock even “MADMEN” Would Love.

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Updated: Scorecard to 2017-09-29

Better late than never.

MMC continues to lead the way with a gain of 60% (excluding dividends) since I first made mention of it in October of 2015. Check the link here to read my analysis of the Company: Boring Is Beautiful: Marsh & McLennan Companies

Marketing juggernaut OMC continues to struggle, but I still believe the Company is an attractive long-term hold for the serious dividend investor. You can read my write-up on the Company here: A Stock even “MADMEN” Would Love.

Check out “My Scorecard” page for how my picks have been faring since first mention.

Happy Investing!

 

 

Toromont Industries Ltd. Bulks Up With Hewitt Group Buy.

Major Canadian Caterpillar dealer Toromont Industries Ltd (TSE: TIH CN) recently announced a deal to acquire Hewitt Group, a large Caterpillar dealer with 45 branches across Eastern Canada and approximately 2,000 employees. The deal was very well received by investors, who sent TIH stock up nearly 5% when the deal was announced on August 28.

You can read the announcement here:

https://www.toromont.com/newsdetails.asp?ReleaseID=1038349

You can click the link below to see my write up on TIH and why I believe it is an attractive investment for the long-term investor:

Heavy Duty Success: Toromont Industries Ltd.

 

 

 

Genuine Parts Company Announces Major European Move and Investors Applaud!

Dividend favorite Genuine Parts Company (NYSE: GPC) announced a near $2B move to enter the European market with a deal to acquire Alliance Automotive Group; sending GPC shares up more than $5 or nearly 6% on the day.

While not cheap, I believe today’s deal makes the company even more attractive for the long-term investor looking for a well-run business operating in an attractive sector.

Check out my original post on GPC from October 2015:

Tuning Your Car’s Engine…And Your Portfolio.