18:58:08 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Canadian Tire Corp Ltd
Symbol CTC
Shares Issued 3,423,366
Close 2017-08-10 C$ 229.14
Market Cap C$ 784,430,085
Recent Sedar Documents

Globe says stocks of Emera, others outpace U.S. markets

2017-08-11 07:42 ET - In the News

See In the News (C-EMA) Emera Inc

The Globe and Mail attempts to identify Canadian dividend payers whose share prices have outpaced U.S. markets in its Frida edition. The Globe's guest columnist Scott Clayton writes in the Number Cruncher column that the S&P 500 index is up about 60 per cent from its prerecession peak in October, 2007. By contrast, the S&P/TSX composite is at a virtual standstill since it hit its prerecession high in June, 2008. That reflects its high proportion of oil and other resource stocks. Some Canadian stocks, however, have posted the same sort of outsized gains as U.S. markets. Beyond that, a select few have moved even higher -- as well as offering highly sustainable dividends. Mr. Clayton's search for those stocks started with an extensive list of dividend payers. He singled out Canadian stocks with share prices that are up 60 per cent or more from their respective prerecession highs. Finally, he applied the proprietary TSI Dividend Sustainability Rating System to each of those stock issuers and came up with the following "gems." Mr. Clayton's select Canadian dividend stocks are Emera, Toronto-Dominion Bank, Canadian Tire, Metro, Canadian Pacific Railway, Calian Group and Intact Financial.

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