high dividend
North West Company and Leon’s operate at opposite ends of the retail spectrum—a plus for investors holding both. The first company has stores mostly in remote regions, and the second dominates in major urban areas across Canada.
But both continue to prosper in their respective markets and, as an added bonus for investors, offer high dividend yields.
With their rising sales and profits in today’s tough retail markets, plus their sound balance sheets, we see a clear benefit for investors with both of these stocks.
LEON’S FURNITURE $16.30, is a buy. The retailer (Toronto symbol LNF; TSINetwork Rating: Average) (416-243-7880; www.leons.ca; Shares o/s: 77.2 million; Market cap: $1.3 billion; Dividend yield: 3.4%) has steadily increased value for investors by raising the number of stores under its Leon’s banner from 27 in 2003 to today’s 86.
In 2013, the company nearly quadrupled with its $700 million purchase of rival The Brick....
But both continue to prosper in their respective markets and, as an added bonus for investors, offer high dividend yields.
With their rising sales and profits in today’s tough retail markets, plus their sound balance sheets, we see a clear benefit for investors with both of these stocks.
LEON’S FURNITURE $16.30, is a buy. The retailer (Toronto symbol LNF; TSINetwork Rating: Average) (416-243-7880; www.leons.ca; Shares o/s: 77.2 million; Market cap: $1.3 billion; Dividend yield: 3.4%) has steadily increased value for investors by raising the number of stores under its Leon’s banner from 27 in 2003 to today’s 86.
In 2013, the company nearly quadrupled with its $700 million purchase of rival The Brick....
The best income investments are companies with a long history of cash flow and dividends—and that offer good value
There’s no guarantee stocks that have underperformed for extended periods will perform better in the future; nevertheless, when quality companies end up at the bottom of performance rankings, but have low valuations and high dividend yields, they deserve a second look....
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ARCONIC INC. $31 is still a buy. The company (New York symbol ARNC; Conservative Growth Portfolio, Manufacturing & Industry sector; shares o/s: 432.9 million; Market cap: $13.4 billion; P.S. ratio: 1.0; Divd. yield: 0.3%; TSINetwork Rating: Average; www.arconic.com) is a leader in engineered aluminum for cars, buildings and jet engines.
Arconic continues to close older, less-efficient facilities....
Arconic continues to close older, less-efficient facilities....
According to a recent study, the average age of a vehicle in the U.S. is roughly 12 years. That figure will likely continue to rise considering the strong initial quality of new cars. That trend is goods new for investors in these two stock, which cater to the used car market....
STATE STREET CORP. $76 is a buy. The company (New York symbol STT; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 357.4 million; Market cap: $27.2 billion; Price-to-sales ratio: 2.4; Divd. yield: 2.7%; TSINetwork Rating: Average; www.statestreet.com) sells accounting and administrative services to operators of mutual funds and pension plans....
TEGNA INC. $17 is still a buy. The company (New York symbol TGNA, Conservative Growth Portfolio, Consumer sector: Shares o/s: 216.9 million; Market cap: $3.7 billion; Price-to-sales ratio: 1.7; Divd. yield: 1.6%; TSINetwork Rating: Average; www.tegna.com) owns 62 TV and four radio stations in 51 markets....