The Globe and Mail highlights Canadian dividend paying
stocks with increasing
expectations and reasonable
payout ratios in its Thursday, Dec. 11, edition. The Globe's Craig McGee writes in the Number Cruncher column that he looked for stocks with a positive expected dividend
yield. His picks had to have a forward and trailing payout
ratio of less than 100 per cent
based on operating earnings and positive expected year-over-year
earnings growth. As well, consensus earnings revisions
over the past 90 days had to be positive. Forward and trailing payout
ratios needed to be less than 100 per cent
based on operating cash flow. His picks also needed to have positive expected year-over-year
cash flow growth. Finally, the consensus cash flow revisions
over the past 90 days needed to be positive. Mr. McGee's selection of Canadian dividend payers include
Allied Properties Real Estate Investment Trust, Canadian Apartment Properties REIT, WSP Global, Enbridge, Fortis and Progressive Waste Solutions.
© 2024 Canjex Publishing Ltd. All rights reserved.