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Review of Parkland Corporation

APR 18, 2023 - PKI has demonstrated its ability to acquire new retail sites, expand its convenience store locations, and increase its unique supply advantage. PKI has begun to expand into the renewable energy markets and its royalty fees from food retailer franchisees is independent from a long-term outlook on fuel demand. Its geographic diversification helps to strengthen its business model, and its revenue growth via acquisition has been a key driver in improving its fundamentals. We are upgrading our rating by one notch to a 'B+'.

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Q: Hi 5i,
Iím sitting on a large cash position and want to take advantage of todayís opportunity to buy good Canadian businesses with great dividend yields. What are your top ideas today for dividend yield, and for dividend growth in Canada?

Thank you!
Read Answer Asked by Greg on October 30, 2023
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