The Financial Post reports in its Saturday edition that Jeff Pollock at Schneider & Pollock Wealth Management says Maple Leaf Foods is a stock worth watching. The Post's Jane Switzer quotes Mr. Pollock saying the Canadian consumer packaged meats company is starting to benefit from two major developments: cost savings from new production facilities in Winnipeg and London, Ont., and the strategic spinoff of its pork business that was completed Oct. 1. "They're receiving about 10-per-cent free cash flow right now, which is a very large number, and I think they'll use that and give it back to shareholders," he said. The company declared a special cash dividend in early December on top of its regular payout, and Mr. Pollock expects a share buyback program and more special dividend announcements to come next year. "They're a dividend aristocrat," he said. "They've increased their dividend every year since 2015. So, I think that will continue." Mr. Pollock said Maple Leaf Foods is "deeply undervalued," trading at just seven times its 2026 adjusted earnings before interest, taxes, depreciation and amortization compared with an average of 10 times for U.S. peers such as Hormel and Tyson, offering a valuation bump in 2026.
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