About this episode
In a market obsessed with AI and momentum trades, dividend investors are quietly cashing in. In this episode of In the Money with Amber Kanwar, Laura Lau, Chief Investment Officer at Brompton Funds, shares how she’s finding dividend income in a market chasing growth. With stocks at record highs, Lau explains how to balance yield, total return, and capital appreciation — and why dividend investing still has plenty of life left, from Canadian banks to European value plays.In the mailbag, Lau weighs in on Apple (AAPL) and its lagging AI story, the appeal of Enbridge (ENB) as a steady yield play, and why Imperial Oil (IMO) continues to outperform even in a range-bound oil market. She explains why she considers ExxonMobil (XOM) a long-term hold despite flat performance and also discusses Parex Resources (PXT) and the sustainability of its 8.5% yield. She doesn’t shy away from the tough calls — including her cautious take on BCE (BCE) after its dividend cut, and tells us why Quebecor (QBR.B) is her favourite name in the Canadian telco space. Plus, she highlights opportunities in Dollarama (DOL), the surprising growth name that keeps compounding returns, and breaks down how investors should think about preferred shares and split corps when building income-focused portfolios. For her Pro Picks, Lau goes global with three dividend-growth names she believes can outperform. Citigroup (C) is her U.S. financial pick, poised to benefit from deregulation, cost cuts, and share buybacks. In tech, she highlights Broadcom (AVGO) as a smart way to play the AI and semiconductor boom — with a lower valuation, higher yield, and steady dividend growth. And across the Atlantic, BAE Systems (BA-LON) stands out as a defense leader set to benefit from rising geopolitical spending and long-term global rearmament. Together, these stocks showcase how dividend investors can capture income, stability, and global growth — even in a market obsessed with the next AI winner.If you want to learn how to build a dividend portfolio for the next decade, this is one episode you don’t want to miss.Timestamps00:00 Show intro02:15 Let’s talk about dividends and Laura’s approach04:30 We’re in the first innings of the AI race05:55 Is it harder to find yield opportunities?07:00 Comparing European banks to Canadian banks 09:15 Cross Border Considerations with Darren Coleman from Portage Wealth of Raymond James12:00 ITM Mailbag: Apple stock (AAPL)13:35 Laura’s favourite oil, gas & pipeline dividend stocks (ENB, IMO)17:50 Exxon Mobil stock (XOM)19:20 Parex Resources stock (PXT)20:55 Dollarama stock (DOL)22:20 BCE stock (BCE), Quebecor stock (QBR.B)24:45 Laura’s thoughts on preferred shares & split corps29:35 Laura’s thoughts on single stock covered call ETFs32:30 Laura’s Pro Picks (C, AVGO, BA-LON)SponsorsFor over 25 years, Raymond James ha
