The interest rates, which are at 1 percent, are higher than the rates from the United States. Not enough the most important issue for a financial stability is the debt to GDP ratio. The ratio shows if an economy is stable or fears to be bailed-out. Canada’s debt to GDP ratio is not low but has with 85 percent of the gross income a solid figure for a developed country. The United States have a ratio of 103 percent.
Today I like to screen some popular Canadian stocks with a listing in the United States. You can also find a list of the best Canadian Dividend Aristocrats in my weekly published Dividend Weekly. The report is completely free and shows the yields and price ratios from over 1,000 stocks worldwide.
180 Canadian stocks are listed in the United States. 66 of them pay dividends and 37 of them have a current buy or better rating. Below is a small is of the 20 highest yielding stocks with a buy or better recommendation. Two of the results have a buy or better recommendation.
Do you like Canadian stocks? Do you think it makes sense to buy foreign stocks? Let me know by leaving a comment.
Here are my favorite stocks:
Baytex Energy (NYSE:BTE) has a market capitalization of $5.61 billion. The company employs 159 people, generates revenue of $1.106 billion and has a net income of $219.30 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $587.32 million. The EBITDA margin is 53.10 percent (the operating margin is 24.58 percent and the net profit margin 19.83 percent).
Financial Analysis: The total debt represents 24.77 percent of the company’s assets and the total debt in relation to the equity amounts to 50.52 percent. Due to the financial situation, a return on equity of 18.76 percent was realized. Twelve trailing months earnings per share reached a value of $2.38. Last fiscal year, the company paid $2.44 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 19.44, the P/S ratio is 5.16 and the P/B ratio is finally 4.54. The dividend yield amounts to 5.74 percent and the beta ratio has a value of 1.53.
| Long-Term Stock History Chart Of Baytex Energy (BTE) |
| Long-Term Dividends History of Baytex Energy (BTE) |
| Long-Term Dividend Yield History of Baytex Energy (BTE) |
Toronto-Dominion Bank (NYSE:TD) has a market capitalization of $76.28 billion. The company employs 78,397 people, generates revenue of $22.428 billion and has a net income of $6.290 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $10.949 billion. The EBITDA margin is 48.82 percent (the operating margin is 31.70 percent and the net profit margin 26.97 percent).
Financial Analysis: The total debt represents 17.60 percent of the company’s assets and the total debt in relation to the equity amounts to 300.32 percent. Due to the financial situation, a return on equity of 14.82 percent was realized. Twelve trailing months earnings per share reached a value of $6.82. Last fiscal year, the company paid $2.91 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 12.20, the P/S ratio is 3.32 and the P/B ratio is finally 1.73. The dividend yield amounts to 3.72 percent and the beta ratio has a value of 1.29.
| Long-Term Stock History Chart Of Toronto-Dominion Bank (TD) |
| Long-Term Dividends History of Toronto-Dominion Bank (TD) |
| Long-Term Dividend Yield History of Toronto-Dominion Bank (TD) |
Potash (NYSE:POT) has a market capitalization of $36.18 billion. The company employs 5,703 people, generates revenue of $8.715 billion and has a net income of $3.081 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $4.424 billion. The EBITDA margin is 50.76 percent (the operating margin is 49.41 percent and the net profit margin 35.35 percent).
Financial Analysis: The total debt represents 27.91 percent of the company’s assets and the total debt in relation to the equity amounts to 57.82 percent. Due to the financial situation, a return on equity of 42.40 percent was realized. Twelve trailing months earnings per share reached a value of $2.67. Last fiscal year, the company paid $0.28 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 15.71, the P/S ratio is 4.14 and the P/B ratio is finally 4.57. The dividend yield amounts to 2.01 percent and the beta ratio has a value of 1.04.
| Long-Term Stock History Chart Of Potash (POT) |
| Long-Term Dividends History of Potash (POT) |
| Long-Term Dividend Yield History of Potash (POT) |
Take a closer look at the full list of the best yielding and most recommended Canadian dividend stocks. The average P/E ratio amounts to 19.72
and forward P/E ratio is 17.78. The dividend yield has a value of 3.86 percent.
Price to book ratio is 2.06 and price to sales ratio 2.35. The operating margin
amounts to 19.51 percent and the beta ratio is 1.40. Stocks from the list have
an average debt to equity ratio of 1.14.
Here is the full table with
some fundamentals (TTM):
 |
| 20 Best Yielding Canada Dividend Stocks (Click to enlarge) |
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Related stock
ticker symbols:
PGH, PWE, BTE,
CM, TU, BNS, RY, TD, MFC, RCI, ENB, IAG, CVE, BIN, TCK, ABX, TLM, PDS, UFS, POT
Selected Articles:
* 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.
Monthly Yield Fact Book | Yields Dividend Champions | Yields Dividend Contenders | Yields Dividend Challengers | High-Yield Large Cap | +10% Yielding Stocks |
Canadians may talk differently, their laws and business practices are very similar making Canadian companies a great first step in the global search for yield. You don't have to go far for yield. In fact, there are numerous foreign dividend-paying stocks listed on American exchanges making them easily accessible to U.S. investors.
ReplyDeleteYes I Like CA stocks. I love wood companies.
ReplyDeleteI read your Canadian stocks with dividends, and other articles on your email.
ReplyDeleteMight look at EPD, which I like more than ENB. Dividend is better, growth has been great for at least 2-3 years.
With less certainty, also recommend WY.
I have owned BNS for some time now, find the stock just fine for dividends with at least some growth. Sure is stable.
Have yet to find a stock from your listing that helps me, but do appreciate your articles, which I have followed for less than a month now.
I understand yout comments regarding some contribution. If I select something from your articles, will pay for it. Only fair, as we do all our own investing, no broker involved.
This is something you might also comment on in your articles, the benefit of working for yourself, which, of course, you do, but some additional advice to others might be well received on how to do it.
History last year did just over 15% with an average of 11.5 % in cash. Has been about the same for 4 years with cash slowly falling from over 50%.