Canada is one of the few developed nations that are a net exporter of energy. Canada also exports motor vehicles and parts, industrial machinery, aircraft, telecommunications equipment and electronics. The U.S. is by far its largest trading partner, accounting for about 79% of exports. The government has a debt level of 84% of GDP and the government's budget has a little deficit of 2.1% of GDP. Reason enough to look for investment alternatives outside the United States.
I screened Canadian stocks listed in America. Such companies are American Depositary Receipts (ADRs). Here are the best stocks from my screening results with cheap price ratios as well as a dividend yield of more than 2%:
1. Sun Life Financial (SLF)
2. The Cash Store Financial Services (CSFS)
3. Manulife Financial (MFC)
4. Methanex (MEOH)
5. Magna International (MGA)
Source: Guru Focus
Related Articles:
- 10 Best U.S. Dividend Stocks
- Three Dividend Stocks With A Perfect Risk Score
- Protecting Your Dollars With Foreign Currency
- How To Maximize Your Dividend Stocks' Earnings
- High Yield, High Risk Dividend Stocks
Cheapest Canadian Dividend Stocks
Posted by D4L | Tuesday, November 01, 2011 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
A good dividend stock has more than a high yield. Dividends need to be supported by cash flow, and cash flow depends on the long-term streng...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
-
BDCs can be excellent investment options for those seeking high returns, particularly when acquired at favorable valuations and supported by...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.