Russel Metals
Toronto symbol RUS, is one of North America's largest metals distribution companies.
TOROMONT INDUSTRIES LTD. $20.01 (Toronto symbol TIH; TSINetwork Rating: Extra Risk) (416-667-5511; www.toromont.com; Shares outstanding: 77.2 million; Market cap: $1.5 billion; Dividend yield: 2.2%) distributes a broad range of industrial equipment, including machinery made by Caterpillar Inc. Toromont also makes refrigeration systems through its CIMCO division.
In July 2011, Toromont completed the spinoff of Enerflex Ltd.. Shareholders received shares of the …read more »
RUSSEL METALS $21.53 (Toronto symbol RUS; TSINetwork Rating: Speculative) (905-819-7777; www.russelmetals.com; Shares outstanding: 67.0 million; Market cap: $1.3 billion; Dividend yield: 5.6%) is one of North America’s largest metal distributors. The company serves its roughly 30,000 customers through a network of 50 locations in Canada and 12 in the U.S.
In the three months ended June 30, 2011, Russel’s earnings per …read more »
RUSSEL METALS $23.27 (Toronto symbol RUS; TSINetwork Rating: Speculative) (905-819-7777; www.russelmetals.com; Shares outstanding: 59.8 million; Market cap: $1.4 billion; Dividend yield: 4.7%) earned $33 million, or $0.55 a share, in the three months ended March 31, 2011. That’s up sharply from $9.1 million, or $0.15 a share, a year earlier.
Revenue rose 24.8% to $657.7 million from $526.8 million. Russel benefited …read more »
CHEMTRADE LOGISTICS INCOME FUND $14.03 (Toronto symbol CHE.UN; TSINetwork Rating: Speculative) (416-496-5856; www.chemtradelogistics.com; Units outstanding: 30.7 million; Market cap: $430.3 million; Dividend yield: 8.8%) is one of North America’s largest providers of removal services for resource firms, such as oil refineries and base-metal processors. These companies create sulphur, acid and other by-products as part of their processing activities. Chemtrade converts …read more »
Investors generally look to aggressive stocks for capital gains and to more conservative stocks, like utilities, for income. However, there are some aggressive Canadian dividend paying stocks whose payouts are as high — or even higher — than more established companies.
(We updated our buy/sell/hold advice on a high-dividend aggressive stock in the February 25, 2011, Stock Pickers Digest hotline. …read more »
RUSSEL METALS $20.84 (Toronto symbol RUS; SI Rating: Speculative) (905-819-7777; www.russelmetals.com; Shares outstanding: 59.7 million; Market cap: $1.2 billion; Dividend yield: 4.8%) is one of North America’s largest metal distributors. Russel serves its roughly 30,000 customers through a network of 50 Canadian and 12 U.S. locations.
In the three months ended June 30, 2010, Russel reported earnings per share of $0.31 …read more »
ISHARES DIVIDEND INDEX FUND $16.92 (Toronto symbol XDV; buy or sell through a broker) currently holds the 30 highest yielding Canadian stocks. Stocks are included in the index based on their dividend growth, yield and average payout ratio.
The weight of any one stock in the fund is limited to 10% of the fund’s assets. iShares Dividend Index Fund’s MER is …read more »
ISHARES DIVIDEND INDEX FUND $14.89 (Toronto symbol XDV; buy or sell through a broker) currently holds the 30 highest yielding Canadian stocks. Stocks are included in the index based on their dividend growth, yield and average payout ratio.
The weight of any one stock in the fund is limited to 10% of the fund’s assets. Its MER is 0.50%. The fund …read more »
RUSSEL METALS $18.75 (Toronto symbol RUS; SI Rating: Speculative) (905-819-7777; www.russelmetals.com; Shares outstanding: 63.3 million; Market cap: $1.2 billion) is one of North America’s largest metals distribution companies.
In the three months ended June 30, 2008, Russel’s revenues rose 31.2%, to $856.3 million from $652.8 million a year earlier. Earnings per share jumped to $1.25 from $0.47.
High steel prices and steady …read more »
ISHARES DIVIDEND INDEX FUND $20.44 (Toronto symbol XDV; buy or sell through a broker) began trading in December, 2005. The fund currently holds the 30 highest yielding Canadian stocks. These stocks are included in the index based on their dividend growth, yield and average payout ratio.
The weight of any one stock in the fund is limited to 10% of the …read more »
