The Growing Power of Dividends

Learn everything you need to know in '7 Winning Strategies for Dividend Investors' for FREE from The Successful Investor.

The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks.

 I consent to receiving information from The Successful Investor via email. I understand I can unsubscribe from these updates at any time.

Topic: Dividend Stocks

BOMBARDIER INC. – Toronto symbols BBD.A $1.75 and BBD.B $1.70

BOMBARDIER INC. (Toronto symbols BBD.A $1.75 and BBD.B $1.70; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.7 billion; Market cap: $2.9 billion; Price-to-sales ratio: 0.2; Dividend suspended in February 2015; TSINetwork Rating: Extra Risk; www.bombardier.com) recently ended talks with European aircraft maker Airbus that would have given that company a controlling stake in Bombardier’s new CSeries passenger jet. In exchange, Airbus would have helped Bombardier pay for the new plane’s development costs.

< p>The company still plans to begin delivering the CSeries in 2016: it has firm orders for 243 planes worth roughly $16 billion U.S. However, ongoing delays have halted new orders.

< p>Bombardier is still a hold.

Comments

Tell Us What YOU Think

You must be logged in to post a comment.

Please be respectful with your comments and help us keep this an area that everyone can enjoy. If you believe a comment is abusive or otherwise violates our Terms of Use, please click here to report it to the administrator.