Dividends4Life: Dividend Stock Yields 9%, Pays Monthly, Company Transformation Means Major Growth

This stock yields 8.9%, and has steadily paid monthly dividends since 2007. Mgt. has transformed the company into an industry leader in its market via a huge deal in 2016. Revenue has grown 92%, Free Cash Flow is up 55%, and adjusted Net Income is up by 46% over the past 4 quarters. Looking for high dividend stocks with strong earnings growth and dependable dividends? You can have them both with...

Corus Entertainment Inc. (OTCPK:CJREF), a Canadian diversified broadcasting company which has transformed itself into an industry leader in its market. Oh, and by the way, they also pay monthly dividends - which certainly helps you even out your cash flow. Corus was founded in 1999 by JR Shaw of Shaw Communications (NYSE:SJR). On 4/1/16, Corus acquired Shaw's portfolio of TV brands in a $2.6B deal. The company divested its Pay-TV assets as part of the deal. Corus owns 45 specialty television channels and 15 conventional television stations, with premium brands, including Global Television, W Network, OWN: Oprah Winfrey Network Canada, HGTV Canada, Food Network Canada, History®, Showcase, National Geographic, Disney Channel Canada, YTV and Nickelodeon Canada.

Source: Seeking Alpha

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