Dividend stocks are considered a safer investment since some form of return is expected. Most companies issuing dividends are at a comfortable stage in their business cycle, and this comfortable stage is sometimes followed up by an increase in dividends per share (DPS). The companies on our list today have increased its dividend payout by 200%+ during the past year.
Economic Investment Trust Ltd. (TSX: EVT) – $104
Closed End Funds
Economic Investment Trust Limited (Economic) is Canada-based closed-end investment company. Economic is an investment vehicle for long-term growth through investments in common equities. The objective of the Company is to earn an above average rate of return primarily through long-term capital appreciation and dividend income. Short-term volatility is expected and tolerated. The investment portfolio of the Company comprises a mix of Canadian and foreign investments. The long-term investments consist primarily of E-L Financial Corporation Limited, Algoma Central Corporation and The Bank of Nova Scotia. The global investment portfolio is managed by Burgundy Asset Management Limited (Burgundy), a global equity manager based in Toronto.
- Market Cap: $580,086,222
- Revenue (LTM): $51,750,000
- DPS (LFY): $7.65
- DPS Change (1 year): +577.0%
Clearwater Seafoods Inc. (TSX: CLR) – $12.37
Fishing & Farming
Clearwater Seafoods Incorporated is a vertically integrated harvester, processor and distributor of shellfish. The Company delivers wild, eco-labeled seafood, including scallops, lobster, clams, cold water shrimp, crab and ground fish. The Company offers its products to national retailers across in both branded and private label formats. The primary shellfish stocks that the Company harvests are sea and Argentine scallops, clams, lobster and cold water shrimp, which are harvested in offshore fisheries. The Company offers its products in Europe, North America and Asian regions.
- Market Cap: $675,503,313
- Revenue (LTM): $442,332,000
- DPS (LFY): $0.08
- DPS Change (1 year): +220.0%
TORC Oil & Gas Ltd. (TSX: TOG) – $9.31
Oil & Gas Exploration and Production
TORC Oil and Gas Ltd. is a Canada-based company engaged in the acquisition, exploration, development and production of crude oil and natural gas assets. The Company is also engaged in drilling activities. TORC uses its technical, technological and industry knowledge to evaluate potential hydrocarbon. The Company produces crude oil, natural gas liquids (NGL) and natural gas within Canada and the United States. It also produces petrochemicals in North American and off-shore markets.
- Market Cap: $1,063,796,830
- Revenue (LTM): $272,359,000
- DPS (LFY): $0.54
- DPS Change (1 year): +217.6%
DHX Media Ltd. (TSX: DHX.A) – $9.42
Entertainment Production
DHX Media Ltd. (DHX) is a Canada-based company engaged in the supply and distribution of television and film productions. The Company is a creator, producer, marketer and broadcaster of family entertainment. DHX Media Ltd. is the owner of Family Channel, a children’s television channel in Canada, as well as Disney Junior (English and French) and Disney XD. The Company markets and distributes its library of over 10,000 half-hours of entertainment programming globally, and licenses its owned properties through its dedicated consumer products business.
- Market Cap: $1,138,002,878
- Revenue (LTM): $222,614,000
- DPS (LFY): $0.05
- DPS Change (1 year): +206.7%
