The Globe and Mail reports in its Saturday, Feb. 21, edition that investing in Canadian dividend stocks has been a great way to build wealth. The Globe's guest columnist Norman Rothery writes that The Globe's Dividend All-Stars portfolio provides a guide to the largest 200 on the Toronto Stock Exchange. The portfolio attempts to identify companies with the best combination of income, value and stability. The Globe gives Total Energy Services a five-star rating. Total Energy Services provides drilling equipment and services to customers in Canada, the U.S. and Australia. The company makes its home in Calgary and is the smallest team member this year with a market capitalization of $605-million. It pays a 2.4-per-cent dividend yield and reduced its share count by 3.4 per cent over the past four quarters to boost its shareholder yield to 5.8 per cent. It also grew its dividend-per-share by 11.1 per cent over the past year. Its price-to-earnings ratio stands at 10.93. The Globe reported on March 11, May 6 and Dec. 19 that ATB Capital Markets analyst Tim Monachello rated Total Energy "outperform." It was then worth $9.35, $9 and $15.19.
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