3 Penny Stocks With Big-Time Dividend Growth

The companies on our list have grown its dividend by more than 10% compounded

SmallCapPower | August 12, 2016: A dividend-paying stock provides protection against capital depreciation, as well as a constant stream of income. The stocks on our list today have a track record of increasing its dividend payout.

SciVacHorizon North Logistics Inc. (TSE:HNL) – $2.04
Hotels, Motels & Cruise Lines

Horizon North Logistics Inc. (Horizon North) is a Canada-based remote resource development service company that provides workforce accommodation solutions, camp management and catering services, and road and access matting solutions. The Company’s segments include Camps & Catering, Matting and Corporate.

  • Market Cap: 272,928,893
  • Revenues: 313,830,000
  • Dividend Yield: 3.90%
  • Dividend Growth (CAGR): 21%

 

 

SciVacFinancial 15 Split Corp. (TSE:FTN) – $8.03
Mutual Funds

Financial 15 Split Corporation is a mutual fund company, which invests primarily in over 15 Canadian and the United States financial services companies. It offers over two types of shares, such as Preferred Shares and Class A Shares.

  • Market Cap: 215,285,203.21
  • Revenues: 8,776,770
  • Dividend Yield: 18.8%
  • Dividend Growth (CAGR): 25%

SciVacNorth American Financial 15 Split Corp (TSE:FFN) – 5.86
Mutual Funds

North American Financial 15 Split Corporation is a mutual fund company that invests in over 10 financial services companies in Canada and the United States. It offers two types of shares: preferred shares and class A shares.

  • Market Cap: 114,570,744.63
  • Revenues: 5,801,700
  • Dividend Yield: 20.50%
  • Dividend Growth (CAGR): 20%

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