09:18:03 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 1,704,602,546
Close 2018-06-13 C$ 42.13
Market Cap C$ 71,814,905,263
Recent Sedar Documents

Globe says MTY Foods, others make for tasty buys

2018-06-14 08:08 ET - In the News

See In the News (C-MTY) MTY Food Group Inc

The Globe and Mail attempts to identify Canadian dividend stocks focused on safety and value in its Thursday, June 14, edition. The Globe's guest columnist Sean Pugliese writes in the Number Cruncher column that he screened for dividend growth by looking at Canadian-listed equities with a five-year compound annual dividend growth rate of 15 per cent or better. He narrowed the list down further by limiting his screen to companies with a market capitalization of $1-billion or more. Mr. Pugliese says he views market capitalization as a safety factor, as larger companies tend to offer investors more stability and liquidity. Mr. Pugliese also looked at debt-to-equity as a safety factor, with a lower ratio preferred, implying a company has enough equity to pay off its debts. Mr. Pugliese says he likes to tell his clients, "It's difficult to go bankrupt when you have little or no debt obligations." All of Mr. Pugliese's picks are expected to pay a dividend this year. Mr. Pugliese recommends buying MTY Food Group, Enbridge, Quebecor, Onex and Dollarama.

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