Canadian Energy Trusts with very high yields and monthly dividends originally published at "long-term-investments.blogspot.com". Investing money into stocks is hard work and very painful if you make the wrong choices. If you have a focus on dividends like me then you should have a quiet overview of the best dividend paying stocks.
You should also know some of the stocks that pay money to investors on a monthly basis. More than 300 companies pay dividends each month but most of them are trash. I introduced some higher yielding stocks with monthly payments in the past and like to proceed today with seven Canadian Energy Trusts.
Let me clarify one thing. It doesn’t matter how often a company pays its shareholders. It is more important to have a high quality growth stock with a trustful management than a company with a high yield and monthly dividend payments.
Here are my favorite stocks:
Penn West Petroleum (NYSE:PWE) has a market capitalization of $4.96 billion. The company employs 2,170 people, generates revenue of $2.997 billion and has a net income of $647.98 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1.809 billion. The EBITDA margin is 60.39 percent (the operating margin is 13.93 percent and the net profit margin 21.62 percent).
Financial Analysis: The total debt represents 20.66 percent of the company’s assets and the total debt in relation to the equity amounts to 35.50 percent. Due to the financial situation, a return on equity of 7.24 percent was realized. Twelve trailing months earnings per share reached a value of $0.35. Last fiscal year, the company paid $1.10 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 29.32, the P/S ratio is 1.66 and the P/B ratio is finally 0.53. The dividend yield amounts to 10.48 percent and the beta ratio has a value of 1.44.
| Long-Term Stock History Chart Of Penn West Petroleum (PWE) |
| Long-Term Dividends History of Penn West Petroleum (PWE) |
| Long-Term Dividend Yield History of Penn West Petroleum (PWE) |
Pengrowth Energy (NYSE:PGH) has a market capitalization of $2.54 billion. The company employs 570 people, generates revenue of $1.153 billion and has a net income of $85.85 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $635.21 million. The EBITDA margin is 55.06 percent (the operating margin is 16.51 percent and the net profit margin 7.44 percent).
Financial Analysis: The total debt represents 17.85 percent of the company’s assets and the total debt in relation to the equity amounts to 30.10 percent. Due to the financial situation, a return on equity of 2.59 percent was realized. Twelve trailing months earnings per share reached a value of $0.00. Last fiscal year, the company paid $0.85 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is not calculable, the P/S ratio is 2.22 and the P/B ratio is finally 0.53. The dividend yield amounts to 9.71 percent and the beta ratio has a value of 1.39.
| Long-Term Stock History Chart Of Pengrowth Energy (PGH) |
| Long-Term Dividends History of Pengrowth Energy (PGH) |
| Long-Term Dividend Yield History of Pengrowth Energy (PGH) |
Baytex Energy (NYSE:BTE) has a market capitalization of $5.47 billion. The company employs 159 people, generates revenue of $1.113 billion and has a net income of $220.83 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $591.44 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 $2.40. Last fiscal year, the company paid $2.46 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 18.85, the P/S ratio is 4.94 and the P/B ratio is finally 4.34. The dividend yield amounts to 5.88 percent and the beta ratio has a value of 1.52.
| 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) |
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| Monthly Dividend Paying Stocks (Click to enlarge) |



Investors have been looking at Canadian Royalty Trusts for their high income. These trusts pass through all their earnings from oil and gas wells to the trust holders, similar to the way that real estate investment trusts handle their payouts. Because the entity is set up as a trust instead of a corporation, there is no taxation at the corporate level. In addition, a large part of the dividends are non-taxable due to depletion and depreciation deductions.
ReplyDeletei have picked up Baytex & Penn West. Sniffing Pengrowth but have not bought yet. I think they will be great if they can maintain their dividend...which I am not 100% confident. My take is if you are interested in the sector build your self an equal weight basket of 5-10 companies and hold. Others high yield CAD oil / energy names to look at (IMO) Crescent point, Canadian Oil Sands, Veresen.
ReplyDelete5-10 companies are great but please don't focus on one or two industries or sectors. Try to cover all good growth industries/sectors.
ReplyDelete