4 Infrastructure Dividend Stocks for a Fort McMurray Fire Rebuild

Enormous Fort McMurray, Alberta wild fires certainly took a toll on Canada’s oil industry as well as the provincial infrastructure

SmallCapPower | May 18, 2016: Alberta’s economy will likely suffer further in 2016 due to the forest fire devastation in the northern part of the province. These fires are also expected to impact Canada’s GDP, as several banks have lowered the country’s economic growth estimates by 0.1-0.5 percentage points for the year. Out of the crisis, though, comes opportunity for companies involved in construction and other infrastructure builds. Already expected to benefit from the federal government’s pledge to spend more on Canada’s infrastructure, the dividend-paying stocks on our list today should receive additional stimulus from Alberta’s rebuild.

Aecon Group Inc. (TSE:ARE) – $17.09
Construction & Engineering

Aecon Group Inc. is a Canada-based construction and infrastructure development company that operates in four segments: Infrastructure, Energy, Mining and Concessions.

• Market Cap: $979.6 Million
• Dividend Yield (LTM): 2.4%
• EPS (TTM): 0.72

Badger Daylighting Ltd. (TSE:BAD) – $21.96
Construction & Engineering

Badger Daylighting Ltd. (Badger) is a Canada-based company that provides non-destructive excavating services to the utility, transportation, industrial, engineering, construction and petroleum industries in Canada and the United States. Badger works for contractors and facility owners in the utility and petroleum industries. Its technology is the Badger Hydrovac, which is used primarily for safe digging in congested grounds and challenging conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank.

• Market Cap: $814.7 Million
• Dividend Yield (LTM): 1.7%
• EPS (TTM): 0.67

Bird Construction Inc. (TSE:BDT) – $13.64
Construction & Engineering

Bird Construction Inc. operates as a general contractor in the Canadian construction market. The Company focuses on projects in the industrial, commercial and institutional sectors of the general contracting industry.

• Market Cap: $579.9 Million
• Dividend Yield (LTM): 5.5%
• EPS (TTM): 0.69

Stuart Olson Inc. (TSE:SOX) – $6.75
Construction & Engineering

Stuart Olson Inc, formerly The Churchill Corporation, is a provider of construction and maintenance services. The Company operates through four segments: Buildings Group, Industrial Group, Commercial Systems Group and Corporate Group.

• Market Cap: $179.8 Million
• Dividend Yield (LTM): 7.0%
• EPS (TTM): 0.30

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