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12 Cheapest Dividend Stocks From Canada

Cheapest Dividend Stocks From Canada Researched By Dividend Yield - Stock, Capital, Investment. Everybody knows that the economy in Canada is a commodity based one and not as much shaking as the American consumer based economy. On America’s stock markets are 181 companies with a headquarter in Canada. 66 of these companies pay dividends but not all of them are already cheap.

However I’ve tried to screen the market by the cheapest Canada stocks with a listing in America. All stocks should have a current P/E ratio of less than 15, a P/S ratio of under two and a positive dividend yield. Exactly twelve companies fulfilled these criteria of which two are high yields. Six are recommended to buy.

Here are my favorite stocks:
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Domtar (NYSE:UFS) has a market capitalization of $3.59 billion. The company employs 8,700 people, generates revenues of $5,612.00 million and has a net income of $372.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $961.00 million. Because of these figures, the EBITDA margin is 17.12 percent (operating margin 10.48 percent and the net profit margin finally 6.63 percent).


Financial Analysis:
The total debt representing 14.45 percent of the company’s assets and the total debt in relation to the equity amounts to 28.53 percent. Due to the financial situation, a return on equity of 11.82 percent was realized. Twelve trailing months earnings per share reached a value of $9.02. Last fiscal year, the company paid $1.30 in form of dividends to shareholders.


Market Valuation:
Here are the price ratios of the company: The P/E ratio is 10.83, P/S ratio 0.75 and P/B ratio 1.23. Dividend Yield: 1.41 percent. The beta ratio is 2.68.


Long-Term Stock History Chart Of Domtar Corp. (USA) (Click to enlarge)


Long-Term Dividends History of Domtar Corp. (USA) (UFS) (Click to enlarge)


Long-Term Dividend Yield History of Domtar Corp. (USA) (NYSE: UFS) (Click to enlarge)


Imperial Oil Limited (NYSEAMEX:IMO) has a market capitalization of $37.79 billion. The company employs 5,085 people, generates revenues of $31,008.58 million and has a net income of $3,403.33 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $5,222.62 million. Because of these figures, the EBITDA margin is 16.84 percent (operating margin 14.35 percent and the net profit margin finally 10.98 percent).


Financial Analysis:
The total debt representing 4.75 percent of the company’s assets and the total debt in relation to the equity amounts to 9.06 percent. Due to the financial situation, a return on equity of 27.52 percent was realized. Twelve trailing months earnings per share reached a value of $3.99. Last fiscal year, the company paid $0.44 in form of dividends to shareholders.


Market Valuation:
Here are the price ratios of the company: The P/E ratio is 11.18, P/S ratio 1.25 and P/B ratio 2.88. Dividend Yield: 1.07 percent. The beta ratio is 1.03.


Long-Term Stock History Chart Of Imperial Oil Limited (... (Click to enlarge)


Long-Term Dividends History of Imperial Oil Limited (... (IMO) (Click to enlarge)


Long-Term Dividend Yield History of Imperial Oil Limited (... (NYSEAMEX: IMO) (Click to enlarge)


Agrium (NYSE:AGU) has a market capitalization of $13.81 billion. The company employs 14,800 people, generates revenues of $15,470.00 million and has a net income of $1,508.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,487.00 million. Because of these figures, the EBITDA margin is 16.08 percent (operating margin 13.34 percent and the net profit margin finally 9.75 percent).


Financial Analysis:
The total debt representing 17.98 percent of the company’s assets and the total debt in relation to the equity amounts to 36.78 percent. Due to the financial situation, a return on equity of 25.91 percent was realized. Twelve trailing months earnings per share reached a value of $9.52. Last fiscal year, the company paid $0.28 in form of dividends to shareholders.


Market Valuation:
Here are the price ratios of the company: The P/E ratio is 9.18, P/S ratio 0.90 and P/B ratio 2.16. Dividend Yield: 0.51 percent. The beta ratio is 1.59.


Long-Term Stock History Chart Of Agrium Inc. (USA) (Click to enlarge)


Long-Term Dividends History of Agrium Inc. (USA) (AGU) (Click to enlarge)


Long-Term Dividend Yield History of Agrium Inc. (USA) (NYSE: AGU) (Click to enlarge)


Take a closer look at the full table. The average price to earnings ratio (P/E ratio) amounts to 11.05 and forward P/E ratio is 11.21. The dividend yield has a value of 2.82 percent. Price to book ratio is 2.03 and price to sales ratio 1.29. The operating margin amounts to 24.17 percent.

Here is the full table with some fundamentals (TTM):

12 Cheapest Dividend Stocks From Canada (Click to enlarge)

Related stock ticker symbols:
TAC, BCE, SJR, RCI, NSU, MGA, TCK, BAM, UFS, SU, IMO, AGU

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* I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I receive no compensation to write about any specific stock, sector or theme.