11:25:30 EST Tue 10 Dec 2019
Enter Symbol
or Name

Login ID:
Bank of Nova Scotia
Symbol BNS
Shares Issued 1,225,651,360
Close 2019-02-28 C$ 73.14
Recent Sedar Documents

Globe says Dorel, others are decent dividend payers

2019-02-28 07:34 ET - In the News

See In the News (C-DII) Dorel Industries Inc

The Globe and Mail attempts to identify Canadian companies with growing fundamentals that also pay a dividend in its Thursday, Feb. 28, edition. The Globe's Ian Tam writes in the Number Cruncher column that he looked at a strategy that offers reasonable ideas that may appeal to those managing a self-directed registered retirement savings plan. The strategy focuses on profitable Canadian companies that show good mid- to long-term growth in fundamentals such as earnings, cash flow and sales, and that also pay a dividend. To find them, Mr. Tam first ranked all companies in the Morningstar CPMS Canadian universe on the following factors: Five-year deviation of earnings a share (a safety factor, measuring the variability of operating earnings, lower figures preferred); five-year beta (a stock's historical sensitivity to the S&P/TSX Composite Index, lower figures preferred); five-year growth rate of EPS, cash flow and sales (on average, how much have these figures grown over the past five years); dividend yield. To qualify, companies needed to have a market capitalization greater than $110-million. Mr. Tam's picks are Dorel Industries, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Telus and Fortis.

© 2019 Canjex Publishing Ltd. All rights reserved.