Management confidence in the companies on our list is high with an improvement in market sentiment
SmallCapPower | September 9, 2016: Paying dividends is a signal of the confidence that senior management has in the stability of a company’s future earnings. Even more so, increasing dividends it is a strong signal to the market that any increases in earnings that the company has experienced are sustainable. If dividends are a part of your investing strategy, then the stocks on our list today have increased its dividend payout over the last two years and is on pace to do so again this fiscal year.
Altius Minerals Corp. (TSE:ALS) – $10.21
Diversified Mining
Altius Minerals Corporation is a mining royalty and mineral project generation company. The Company is engaged in the generation and acquisition of mineral resource projects, royalties and investments. The royalty interests cover mining operations producing copper, zinc, nickel, cobalt, precious metals, potash, and thermal (electrical) and metallurgical coal. It holds royalty interests in approximately 10 producing assets in Canada that include over 4% net smelter return (NSR) royalty on 777 copper-zinc mine in Manitoba, approximately six potash mines and over five coal mines located in western Canada, and a royalty on the Bay nickel-copper-cobalt mine in Labrador, as well as interests in the Chapada Mine in Brazil.
- Market Cap: $442 (M)
- Div FQ0- $1.2 (M)
- Div LTM- $4.79 (M)
- Div LTM-1- $0.65 (M)
Canam Group Inc. (TSE:CAM) – $10.01
Iron & Steel
Canam Group Inc. is engaged in designing integrated solutions and fabricating products for the North American construction industry. The Company operates through the construction products segment, which includes many complementary goods and services. The Company’s service offer extends from the preconstruction phase to project management, including the erection of structural steel components. It also offers customers an array of complementary services ranging from virtual design and construction to Building Information Modeling (BIM), and the outsourcing of technical drawings. The Company operates approximately 20 plants across North America. The Company takes part in over 10,000 building, heavy steel and bridge projects.
- Market Cap: $480 (M)
- Div FQ0- $1.87 (M)
- Div LTM- $7.32 (M)
- Div LTM-1- $6.67 (M)
Nevsun Resources Ltd. (TSE:NSU) – $4.20
Specialty Mining & Metals
Nevsun Resources Ltd. is a mining company engaged in the acquisition, exploration, development and operation of mineral property interests. The Company’s segment is the mining business in Africa. Its principal property is the Bisha Property, which hosts a gold, copper and zinc deposit, and includes satellite volcanogenic massive sulfides (VMS) deposits at Harena, Northwest, Hambok, Aderat and Asheli. The Bisha Mine is located approximately 150 kilometers west of Asmara, over 40 kilometers southwest of the regional town of Akurdat and approximately 50 kilometers north of Barentu, the regional or zone Administration Centre of the GashBarka District, in Eritrea.
- Market Cap: $1,271 (M)
- Div FQ0- $10.33 (M)
- Div LTM- $42.42 (M)
- Div LTM-1- $37.34 (M)
