Top pick Barrick Mining just raised its dividend a whopping 140% as it generates record earnings and continues its strategic asset reorganization.
Warner Music Group Corp. is well-positioned for higher-margin catalog revenues, added streaming adoption, and new AI monetization opportunities.
ARC Resources keeps returning its cash flow to shareholders through a growing dividend and substantial share buybacks.
Become a Successful Investor
Think mining stocks are always safe in inflationary times? Here are 9 common myths Canadian investors should stop believing before buying.
Learn the biggest investing for retirement mistakes Canadians over 45 make, plus safer ways to build steady income with stocks, ETFs, and REITs.
SASOL LTD. (ADR) $32.23 (New York symbol SSL; TSINetwork Rating: Extra Risk) (082- 883-9697; www.sasol.com; ADRs outstanding: 651.4 million; Market cap: $21.3 billion; Dividend yield: 2.4%) is a South Africa-based company that converts coal and natural gas into motor fuels. It also produces oil and gas and mines coal. Sasol now plans to delay the completion of its $8.9 billion plant in Lake Charles, Louisiana. Production will now start in 2019, rather than 2018. When finished, the facility will convert natural gas, or ethane, into ethylene— a chemical used to make plastics and other consumer products. The new plant should triple Sasol’s U.S. production. It should also help to offset some of the currency and political risks of operating in South Africa....
ALARMFORCE INDUSTRIES $10.57 (Toronto symbol AF; TSINetwork Rating: Extra Risk) (1-800-267 -2001; www.alarmforce. com; Shares outstanding: 11.6 million; Market cap: $122.7 million; Dividend yield: 1.7%) sells twoway voice-alarm systems and monitoring services in Canada and in the U.S. In the three months ended January 31, 2016, the company’s sales rose 6.8%, to $14.5 million from $13.6 million. Earnings per share rose 5.0%, to $0.21 from $0.20, on more shares outstanding. AlarmForce offers a range of extra services that boosts revenue from subscribers to its home alarm service. They include: AlarmForce Connect, which lets subscribers control their home-security systems from a smartphone or tablet; and VideoRelay, which lets users watch their homes through mobile devices....
DOREL INDUSTRIES $28.28 (Toronto symbol DII.B; TSINetwork Rating: Extra Risk) (514-934-3034; www.dorel.com; Shares outstanding: 32.3 million; Market cap: $923.8 million; Dividend yield: 5.8%) makes a range of items: ready-to-assemble home and office furniture; juvenile products such as car seats, strollers, high chairs, toddler beds and cribs; and bicycles and other sporting goods. In the three months ended December 31, 2015, Dorel’s sales fell 4.6%, to $668.9 million from $701.0 million (all figures except share price in U.S. dollars). Sales of juvenile products fell 12.5%; sales of sporting goods dropped 2.5%. Those declines offset a 6.9% gain in home furnishings. Factoring out the effects of a higher U.S. dollar, overall sales rose 4.0%. Excluding one-time items, earnings per share in the latest quarter rose 26.5%, to $0.43 a share from $0.34. That came despite the fact that Dorel gets half of its sales from outside of the U.S. The high U.S. dollar cut the company’s earnings per share by $0.28....
FIRSTSERVICE CORP. $55.15 (Toronto symbol FSV; TSINetwork Rating: Extra Risk) (416-960-9500; www.firstservice.com; Shares outstanding: 34.6 million; Market cap: $2.0 billion; Dividend yield: 1.1%) has bought Century Fire Protection, one of the largest full-service fire protection companies in the Southeastern U.S. Century installs, maintains and repairs the fire protection systems that it creates for commercial and residential clients. It employs 600 workers, operating from 12 offices throughout Georgia, Alabama, North Carolina, South Carolina, Tennessee and Texas. FirstService will be able to sell Century’s services to its existing property management clients....