The TSX dividend stocks on our list are currently yielding 5%+
SmallCapPower | March 6, 2017: A company paying a 5%+ annual dividend is a good thing. What is even better, though, is a company that has a 5.5%+ dividend payout with an expected increase in future revenues, year over year. The TSX dividend stocks on our list today are exactly that, and these increasing revenues may translate into even higher dividend payouts for shareholders in the future.
Superior Plus Corp. (TSX: SPB) – $12.62
Oil & Gas Refining and Marketing
Superior Plus Corp. (Superior) is a Canada-based diversified business company that operates through three segments: Energy Services, Specialty Chemicals and Construction Products Distribution. Superior’s Energy Services segment provides distribution, wholesale procurement and related services in relation to propane, heating oil and other refined fuels under Canadian propane division and U.S. refined fuels division. The Specialty Chemicals segment is a supplier of sodium chlorate and technology to the pulp and paper industries, and a regional supplier of potassium and chloralkali products in the United States Midwest. The Construction Products Distribution segment is a distributor of commercial and industrial insulation in North America, and a distributor of specialty construction products to the walls and ceilings industry in Canada.
- Market Cap: $1,803 million
- Expected Revenue Growth: 20%
- Dividend Yield: 5.7%
- YTD Price PCT Change: -1.0%
Russel Metals Inc. (TSX: RUS) – $26.95
Iron & Steel
Russel Metals Inc. is a metals distribution company. Its segments include metals service centers, energy products and steel distributors. The metals service centers segment provides processing and distribution services to a base of end users. Its Energy Products segment distributes oil country tubular goods (OCTG), line pipe, valves and fittings to the energy industry. The Steel distributors segment distributes, sells steel to other steel service centers and equipment manufacturers.
- Market Cap: $1,664 million
- Expected Revenue Growth: 18% million
- Dividend Yield: 5.6%
- YTD Price PCT Change: 5.4%
Chorus Aviation Inc. (TSX: CHR) – $7.21
Airlines
Chorus Aviation Inc. is a holding company that has various aviation interests, including Jazz Aviation LP (Jazz) and Voyageur Aviation Corp. (Voyageur). Jazz operates the regional airline. Through Jazz’s operations, the Company provides part of Air Canada’s domestic and transborder regional network to approximately 60 destinations in Canada and over 10 destinations in the United States. The Company fleet includes Regional Jets and Turboprop Aircraft.
- Market Cap: $885 million
- Expected Revenue Growth: 5% million
- Dividend Yield: 6.7%
- YTD Price PCT Change: -0.3%
Just Energy Group Inc. (TSX: JE) – $7.76
Natural Gas Utilities
Just Energy Group Inc. (Just Energy) is an energy management solutions provider engaged in electricity, natural gas, solar and green energy. The Company’s segments include Consumer Energy and Commercial Energy. The Company operates in the United States, Canada and the United Kingdom, offering a range of energy products, including long-term fixed-price, variable rate and flat bill programs; home energy management services, including smart thermostats and tools to manage energy use at the appliance level, and residential solar panel installations. It markets under the brands, such as Just Energy, Hudson Energy, Amigo Energy, GreenStar Energy, Just Solar, Tara Energy and TerraPass.
- Market Cap: $1,147 million
- Expected Revenue Growth: 12%
- Dividend Yield: 6.4%
- YTD Price PCT Change: 5.7%
Aimia Inc. (TSX: AIM) – $9.09
Advertising & Marketing
Aimia Inc. is a Canada-based data-driven marketing and loyalty analytics company that, through its subsidiaries, operates in the regional business segments of Canada; the United States and Asia-Pacific (US & APAC), and Europe, the Middle-East and Africa (EMEA). In Canada, it owns and operates the Aeroplan Program, a coalition loyalty program. In EMEA, it owns and operates coalition loyalty programs, including Nectar UK and Air Miles Middle East, through over 60% ownership interest.
- Market Cap: $1,384 million
- Expected Revenue Growth: 7%
- Dividend Yield: 8.8%
- YTD Price PCT Change: 2.4%
