Our articles have covered many different Canadian high-dividend stocks over the past year mainly due to the fact that they pay monthly dividends with good dividend coverage. This stock yields 9.74%, with a dividend payout ratio of just 50.64%. Its 2016 acquisitions have grown sales by 21%, EBITDA by 57%, and net earnings by 53% in the most recent four quarters. Analysts are forecasting 26% earnings growth in 2017. This stock is undercovered - it only has 4-6 analysts following it, and hasn't been covered on Seeking Alpha in over 1 year.
We went back across the border this week to profile another Canadian equity, CanWel Building Materials Group Ltd. (OTC:CWXZF), a small cap stock which hasn't received much coverage in the financial press. CanWel Building Materials Group is one of North America's largest distributors of building materials and home renovation products serving the new home construction, home renovation and industrial markets. CanWel also operates nine wood preservation plants that produce quality treated wood products. Management has kept its quarterly payout steady at $.14/share since June 2014 after its 1-for-2 stock split in May 2014. Prior to that, it was $.07/share. CWX's Dividend Payout Ratio is listed as being around 55% on the various financial websites, which means that it's based on a dividends-to-comprehensive income calculation.
Source: Seeking Alpha
Related Articles:
- 6 Dividend Growth Stocks With Strong Capital Appreciation
- 6 Higher Yielding Basic Materials Stocks With Growing Dividends
- 7 Dividend Growth Stocks That Could Make You Wealthy
- A Roadmap To Build Wealth With Dividend Stocks
- High-Yield Managed Distribution Policy Funds
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
Add it all up, and things are starting to get tense. That leaves investors wondering where they can go for safety. After years of tech outpe...
-
Individual investors were jolted by the sudden reappearance of market volatility in October. Given a range of issues spanning natural gas av...
-
Are you on the hunt for a generous and reliable dividend stock? If so, the list of Dividend Aristocrats -- comprised of those few companies ...
-
If you’ve paid any attention to the financial news lately, you’d know that market sentiment has changed. This shouldn’t come as a surprise; ...
-
Dividend-paying stocks are like the ballast that keeps a ship from capsizing during stormy seas. They provide grounding for investors who, w...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Without a doubt, buying and holding stocks is the best way to generate wealth over long periods of time. And we're not talking about hol...
0 comments
Post a Comment
Post a Comment