Today we
have chosen 12 dividend paying stocks that have increased their quarterly
dividend by more than 10% year over year during their latest reported quarter
and have strong payout ratios. These stocks offer attractive dividend yields and have high return on equity (ROE). Moreover, these stocks have registered strong growth in earnings during their latest reported quarter. We note that during the past three months, majority of these stocks have accumulated gains with average daily traded volume in excess of 100,000 shares.
|
Company Name |
Exchange |
Ticker |
Market Cap |
Last Price |
Average Volume |
Price Change |
EPS Growth* |
DPS Growth* |
Payout Ratio* |
Dividend Yield* |
Return on Equity* |
|
Universal Insurance Holdings |
NYSE |
UVE |
0.5 |
12.82 |
415,912 |
-3.2% |
36.7% |
20.5% |
24.7% |
4.0% |
35.3% |
|
High Arctic Energy Services |
TSX |
HWO |
0.3 |
5.44 |
206,064 |
2.6% |
11.8% |
23.1% |
21.5% |
2.9% |
23.2% |
|
Toromont Industries Ltd |
TSX |
TIH |
2.0 |
25.71 |
159,359 |
-0.7% |
4.3% |
12.0% |
61.9% |
2.1% |
23.1% |
|
CTC Media Inc |
NASDAQ |
CTCM |
1.6 |
10.44 |
766,208 |
9.0% |
11.1% |
17.5% |
87.3% |
7.2% |
21.9% |
|
Hercules Technology Growth Capital |
NYSE |
HTGC |
1.0 |
16.45 |
651,378 |
19.3% |
20.0% |
21.0% |
85.1% |
8.4% |
16.5% |
|
Canadian Western Bank |
TSX |
CWB |
3.2 |
40.50 |
223,201 |
7.1% |
18.5% |
11.8% |
29.7% |
2.0% |
14.3% |
|
Plaza Retail REIT |
TSX |
PLZ-U |
0.4 |
4.00 |
111,916 |
-0.2% |
461.5% |
18.2% |
10.9% |
6.0% |
14.3% |
|
Canadian Energy Services & Technology Corp |
TSX |
CEU |
2.2 |
32.34 |
328,614 |
10.6% |
70.6% |
22.7% |
69.2% |
2.5% |
13.9% |
|
Home Loan Servicing Solutions Ltd |
NASDAQ |
HLSS |
1.6 |
22.84 |
510,004 |
5.4% |
38.6% |
26.2% |
73.2% |
8.2% |
13.7% |
|
PBF Energy Inc |
NYSE |
PBF |
2.6 |
27.29 |
1,758,995 |
2.9% |
197.9% |
100.0% |
21.0% |
4.7% |
12.6% |
|
Summit Industrial Income REIT |
TSX |
SMU-U |
0.1 |
6.14 |
106,451 |
6.0% |
54.1% |
201.5% |
71.5% |
8.1% |
10.7% |
|
Alaris Royalty Corp |
TSX |
AD |
0.9 |
29.13 |
123,838 |
6.5% |
55.6% |
16.1% |
86.5% |
4.7% |
9.1% |
Source: Bloomberg; DPS: Dividend per Share
*Latest Reported Quarter
Market cap & Last price are in their respective currencies
Company Description:
Universal Insurance Holdings Inc (NYSE: UVE)
Universal Insurance Holdings, Inc. operates as an insurance holding company specializing in homeowners’ insurance products. The company, through its subsidiaries, offers insurance underwriting, distribution, and claims processing.
High Arctic Energy Services Inc (TSX: HWO)
High Arctic Energy Services Inc. offers oilfield services. The company offers underbalanced drilling and production services, equipment, design and development services, and technical support and training.
Toromont Industries Ltd (TSX: TIH)
Toromont Industries Ltd sells, rents, and services Caterpillar construction equipment and power systems in the provinces of Ontario, Manitoba, Newfoundland, Labrador and Nunavut, Canada. The company also manufactures and distribute refrigeration and process systems throughout North America.
CTC Media Inc (NASDAQ: CTCM)
CTC Media, Inc. owns and operates television stations and broadcasts television networks. The company’s networks are broadcast by its own television stations, stations owned by others, and local cable television operators.
Hercules Technology Growth Capital Inc (NYSE: HTGC)
Hercules Technology Growth Capital, Inc. provides debt and equity growth capital to technology-related companies. The company primarily finances privately-held companies through structured mezzanine debt, senior debt and equity investments. Hercules operates as a business development company under the Investment Company Act of 1940.
Canadian Western Bank (TSX: CWB)
Canadian Western Bank is a Schedule I chartered bank which operates in western Canada. The Bank provides commercial loans, energy loans, construction and real estate project financing, and industrial equipment financing. Canadian Western’s retail services include a variety of mortgages, consumer loans, and deposit products.
Plaza Retail REIT (TSX: PLZ-U)
Plaza Retail REIT operates as a real estate investment trust. The company owns and develops shopping malls and strip plazas throughout Quebec and Atlantic Canada.
Canadian Energy Services & Technology Corp (TSX: CEU)
Canadian Energy Services & Technology Corporation, through subsidiaries, designs and delivers drilling fluid systems used to drill oil and natural gas wells.
Home Loan Servicing Solutions Ltd (NASDAQ: HLSS)
Home Loan Servicing Solutions Ltd. acquires mortgage servicing assets. The company invests primarily in sub-prime and Alt-A mortgage servicing rights and associated servicing advances, and hires residential loan servicers to service the pools of mortgage loans underlying the mortgage servicing rights.
PBF Energy Inc (NYSE: PBF)
PBF Energy Inc. is an independent petroleum refiner and supplier. The company offers unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. PBF’s finished products are sold through long-term offtake and supply agreements.
Summit Industrial Income REIT (TSX: SMU-U)
Summit Industrial Income REIT is a closed-ended mutual fund trust focused on growing and managing a portfolio of light industrial properties across Canada.
Alaris Royalty Corp (TSX: AD)
Alaris Royalty Corporation is a private equity fund that invests in a diversified range of private companies around the world with a focus on North America.
