The Canadian dividend stocks we’ve discovered have seen substantial share-price growth during the past five years while also sporting a current dividend yield of at least 5%
SmallCapPower | April 5, 2019: During periods of elevated stock-market uncertainty, risk is mitigated through the steady income stream dividend stocks have to offer. Today we have uncovered four Canadian dividend stocks with an average dividend yield of 7.8%. The companies we’ve chosen have also seen an average five-year price appreciation of 93.5%. For reference, the average dividend yield of our sample of 17 TSX-listed companies is 7.6%, and average price growth over five years is 63.6%.
*Share prices as at close April 2, 2019, data obtained from S&P Capital IQ
NFI Group Inc. (TSX:NFI) – $33.19
NFI is North America’s largest bus manufacturer with over 31 facilities operating across Canada and the United States. The Company has a comprehensive suite of mass transportation solutions under a variety of brands. NFI currently has over 74,000 buses and coaches in service across the continent. On March 25, New Flyer of America Inc, the Company’s U.S. subsidiary, announced that New York City Transit (NYCT) has awarded the Company with a contract for 15 battery-electric, zero-emission, heavy duty transit buses. On March 13, the Company released Q4/18 and year-end results, reporting annual revenue of $3.4 million, a 14.9% uptick on a y/y basis. The Company also reported adjusted basic EPS of $2.56, a $0.50 decrease from the year prior.
- Market Cap: $2.0 Billion
- 7-Day Total Return: +2.9%
- 30-Day Total Return: -6.2%
- 5-Year Total Return: +191.6%
- Dividend Yield: +5.19%
Pivot Technology Solutions, Inc. (TSX:PTG) – $1.26
Pivot Technology Solutions is an information technology service and solutions provider to several of the world’s most successful companies. Pivot Technology services members of the Fortune 1000 list as well as education institutions and governments. On March 27, the Company released Q4/18 and 2018 year-end results. Pivot Technologies reported full-year revenue of US$1.4 billion, an approximately 6.7% decrease from the year prior, primarily as a result of lower volumes with major customers. The Company stated a net loss attributable to shareholders of $0.12 per share, compared to a net loss of $0.15 per share a year prior.
- Market Cap: $49.7 Million
- 7-Day Total Return: +4.1
- 30-Day Total Return: -9.4%
- 5-Year Total Return: +95.3%
- Dividend Yield: +12.8%
Supremex Inc. (TSX:SXP) – $3.23
Supremex is a North American manufacturer and marketer of envelopes and a provider of paper-based packaging solutions. The Company operates 12 facilities in Canada and three facilities in the United States. The Company’s packaging solutions are designed to the specifications of national and multinational corporations, government entities, resellers and solutions providers. On December 7, 2018, Supremex announced its plan to reduce its operating expenses at its Canadian envelope operations in order to improve resource allocation and to support the Company’s diversification strategy into the packaging market. On February 21, the Company released its 2018 figures, reporting a revenue of $195 million, an 8.9% increase from the year prior. Supremex also reported adjusted net earnings of $0.17 per share.
- Market Cap: $91.3 Million
- 7-Day Total Return: -3.3%
- 30-Day Total Return: -0.3%
- 5-Year Total Return: +48.2%
- Dividend Yield: +7.98%
Northland Power Inc. (TSX:NPI) – $23.42
Independent Power and Renewable Electricity
Northland Power is an independent power producer that develops, builds, owns, and operates sustainable infrastructure assets that produce natural gas and renewable energy, providing stable long-term value to stakeholders and shareholders. The Company owns 2,429 MW of operating power capacity and is currently constructing an offshore wind project located in the German North Sea. The Company also has a 60% equity interest in the 1,044 Hai Long projects in Taiwan. On February 21, Northland Power reported Q4/18 and year-end financial results, reporting total revenue of $1.5 million, an increase from $1.3 million during the year prior. Northland Power also reported net income per share of $1.50, a 76% increase from the year prior.
- Market Cap: $4.2 Billion
- 7-Day Total Return: -2.8%
- 30-Day Total Return: -5.5%
- 5-Year Total Return: +38.9%
- Dividend Yield: +5.08%
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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