04:36:13 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Magna International Inc
Symbol MG
Shares Issued 382,552,522
Close 2017-02-10 C$ 58.13
Market Cap C$ 22,237,778,104
Recent Sedar Documents

Globe says Aimia, others come with lower risk

2017-02-10 08:15 ET - In the News

See In the News (C-AIM) Aimia Inc

The Globe and Mail attempts to identify stocks with a history of increasing dividends and positive cash-flow momentum in its Friday, Feb. 10, edition. The Globe's guest columnist Michael Pe writes in the Number Cruncher column that every investor would like an option of high returns without the risk. However, seeking greater potential of return is commonly associated with greater potential of loss, notes Mr. Pe. Therefore, when focused on long-term capital appreciation, Mr. Pe says one should look for an investing strategy with an attractive risk-return profile. An example of such a strategy would be a portfolio of dividend paying stocks with low risk characteristics. Mr. Pe looked for stocks with the best combination of: expected dividend yield; five-year dividend growth rate; quarterly cash-flow momentum (latest four quarters of cash flow compared with the same number one quarter ago). Mr. Pe only considered companies with a market capitalization greater than $1-billion, to ensure they are not smaller cap stocks, which are more susceptible to volatile price swings. Mr. Pe recommends buying Aimia, Maple Leaf Foods, Corus Entertainment, Magna International and E-L Financial.

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