4 Canadian Stocks with the Best Dividend Growth

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The Canadian stocks we have identified have increased their dividends by more than 30% during the past five years

SmallCapPower | August 16, 2018: An investor looking for long-term assets to add to their portfolio might typically examine stocks with strong dividend yields and growth. Today we have uncovered four Canadian stocks with an average five-year dividend growth rate of 53% and an average dividend yield of 4.0%. These stocks could potentially act as a hedge against sustained market volatility.

Restaurant Brands International Inc. (TSX:QSR) – $81.36
Restaurants & Bars

Restaurant Brands International Inc is a quick service restaurant company. The Company owns over 23,000 restaurants in more than 100 countries. The Company’s core portfolio includes Tim Hortons, Burger King and Popeyes Louisiana Kitchen.

  • Market Cap: $20,460 Million
  • Dividend Yield: 2.9%
  • Dividend Growth Hist 5 YR: 92%
  • YTD Total Return: 4.2%

Intertape Polymer Group Inc. (TSX:ITP) – $18.33
Non-Paper Containers & Packaging

Intertape Polymer Group is a specialty packaging company, serving its customers specialty tapes, packaging films, and bulk containers. The Company employs 2,600 employees over 19 locations in the U.S., Canada, Germany, Portugal, and India. On June 15, the Company announced the acquisition of 55% equity stake in Capstone Polyweave Private Limited, an Indian packaging company, for US$13M.

  • Market Cap: $1,078.1 Million
  • Dividend Yield: 4.0%
  • Dividend Growth Hist 5 YR: 48%
  • YTD Total Return: -14.2%

Caldwell Partners International Inc. (TSX:CWL) – $1.20
Employment Services

Caldwell Partners International is a consulting company focused on executive management placement. Specifically, Caldwell provides services in identification, evaluation, assessment and recommendation of qualified candidates for senior executive positions in various industries. The Company currently operates in Canada, United States and Europe.

  • Market Cap: $24.5 Million
  • Dividend Yield: 6.7%
  • Dividend Growth Hist 5 YR: 40%
  • YTD Total Return: 8.1%

Holloway Lodging Corp. (TSX:HLC) – $6.02
Hotels, Motels & Cruise Lines

Holloway Lodging operates 33 hotels with 3,764 rooms across Canada. The Company operates hotels under larger brands, including Holiday Inn (LSE:IHG), Super 8, and Travelodge (NYSE:WYND). In addition to acquiring undervalued properties, the Company also consistently sells its assets at a historic gain on sale of 29%.

  • Market Cap: $107.6 Million
  • Dividend Yield: 2.3%
  • Dividend Growth Hist 5 YR: 32%
  • YTD Total Return: 3.8%

Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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