5 Small Caps with 7.5%+ Dividend Yields

Give Your Retirement Savings a Boost with These High Yield Stocks

SmallCapPower | March 22, 2017: Many investors are so caught up in picking which companies are set for big capital gains in the future that they forget the monthly, quarterly, or annual payouts offered by dividend stocks. Dividends are a great strategy that benefits from compounding growth offered by long-term investing. Today, we examine the small cap space and have identified five stocks with yields of up to 9.2% that can boost your savings account!

Win Big With Our Small Cap Picks

 

Aimia Inc. (TSX:AIM) – $8.66
Advertising & Marketing

Aimia Inc. is a data-driven marketing and loyalty analytics company. The Company’s segments include Americas Coalitions, International Coalitions, Global Loyalty Solutions (GLS), and Corporate and Other. Within the Americas Coalitions segment, the Company owns and operates the Aeroplan Program, which is Canada’s coalition loyalty program, and its Canadian non-platform based loyalty services business. Within the International Coalitions segment, the Company owns and operates Nectar, which is the United Kingdom’s coalition loyalty program, and Air Miles Middle East, a coalition loyalty program in the United Arab Emirates, Qatar and Bahrain. The GLS segment provides clients with end-to-end loyalty solutions across the globe with operations in Americas, Europe and Asia Pacific.

  • Market Cap: $1,318.9 million
  • Revenue(FY0, Default): $2,288.1 million
  • Dividend Yield: 9.2%
  • Dividend Per Share (FY1, CAD): $0.80

Diversified Royalty Corp. (TSX:DIV) – $2.61
Investment Management & Fund Operators

Diversified Royalty Corp. (DIV), formerly BENEV Capital Inc., is a multi-royalty company. The Company is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America (Royalty Partners). Its primary objectives are to purchase stable and growing royalty streams from Royalty Partners, and increase distributable cash per Share by making accretive royalty purchases. The Company’s Royalty Partners include Franworks Franchise Corp. (Franworks), Sutton Group Realty Services Ltd. (Sutton Group) and Mr. Lube Canada Limited Partnership (Mr. Lube).

  • Market Cap: $275.4 million
  • Revenue (FY0, Default): $19.6 million
  • Dividend Yield: 8.5%
  • Dividend Per Share (FY1, CAD): $0.22

Black Diamond Group Ltd. (TSX:BDI) – $3.59
Homebuilding

Black Diamond Group Limited is a Canada-based company, which rents and sells modular workforce accommodation and space rental solutions to customers in Canada, the United States and Australia. The Company offers lodging and other support services related to remote workforce accommodation and space rentals. It operates through the segments, including Structures, Logistics, Energy Services and International. Its workforce accommodations are sold or rented to business clients who want to house their workforce in remote locations where local accommodation infrastructure is either insufficient or non-existent. Its Space Rentals provide modular space rentals to customers throughout North America.

  • Market Cap: $166.9 million
  • Revenue (FY0, Default): $152.6 million
  • Dividend Yield: 8.4%
  • Dividend Per Share (FY1, CAD): $0.30

Stuart Olson Inc. (TSX:SOX) – $5.98
Construction & Engineering

Stuart Olson Inc. is a Canada-based construction and industrial services company. The Company’s segments include General Contracting, Commercial Systems, Industrial Services, and Corporate and Other, which provide general contracting services. The Commercial Systems segment includes Canem, which designs, builds, maintains and services critical building systems, including electrical and life safety systems, voice, data and communications networks, and security infrastructure. The Industrial Services segment offers various industrial construction and maintenance services. It provides services to an array of clients in both the public and private sectors.

  • Market Cap: $161.6 million
  • Revenue (FY0, Default): $909.6 million
  • Dividend Yield: 8.0%
  • Dividend Per Share (FY1, CAD): $0.48

Granite Oil Corp (TSX:GXO) – $5.45
Oil & Gas Exploration and Production

Granite Oil Corp., formerly DeeThree Exploration Ltd., is a Canada-based oil producer with lands and operations in southern Alberta. The Company is engaged in the exploration and production of oil and natural gas. Its Alberta Bakken property consists of an average working interest of approximately 100% in over 393,453 gross (391,633 net) undeveloped acres and approximately 54,434 gross (52,140) net developed acres. The Alberta Bakken Properties include approximately 60 gross (61.4 net) oil wells and over 140 gross (138.16 net) gas wells.

  • Market Cap: $183.4 million
  • Revenue (FY0, Default): $81.0 million
  • Dividend Yield: 7.7%
  • Dividend Per Share (FY1, CAD): $0.42