Enjoy 4.3% yield from North West Company

Enjoy 4.3% yield from North West Company

Improved food sales led to a 6.8% jump in revenue for North West Company during the most-recent quarter.

While earnings dropped, we feel the company’s dominant market position will ensure long-term growth (and dividend safety) for years to come.

Combine that outlook with a stock trading cheaply… Read More

These two niche retailers have gains ahead

Many traditional bricks-and-mortar retailers will continue to struggle against the COVID-spurred onslaught of online shopping. Some will even go out of business. But we believe TJX’s and North West’s unique business niches offer you the possibility of strong gains ahead.
THE TJX COMPANIES, $62.96, (New York symbol… Read More

These two are less risky than they appear

These two small-cap firms entail higher risk than larger companies such as banks and utilities. However, strong positions in their niche markets support their current high dividends.
NORTH WEST COMPANY $34 is a buy. The company (Toronto symbol NWC; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 47.9 million;… Read More

North West prospers in its remote niche markets

The long-term outlook for North West Co. and its investors remains positive. That’s especially so for its operations in the North, including Alaska, where the company holds a dominant market position.
NORTH WEST COMPANY, $35.16, is a buy. This retailer (Toronto symbol NWC; TSINetwork Rating: Extra Risk) (www.northwest.ca;… Read More

Get a 4.1% yield from North West Company

Get a 4.1% yield from North West Company

A higher-than-usual dividend yield can be a sign that the payout exceeds the company’s earning capacity. However, we feel the dividends from this stock is sustainable. That’s because it’s a leader in its niche market.

Meanwhile, the company also plans to buy back 10% of its… Read More

Get a 4.3% yield from North West Company

Get a 4.3% yield from North West Company

This firm’s food stores remained open during the onset of the COVID-19 pandemic as they provide essential products to remote communities. The company maintained its dividend and the stock has rebounded strongly from its March 2020 low of $22.

The sound balance sheet and dominant market… Read More