A Yield to Caution

HIGH LINER FOODS INC. $8.42 (Toronto symbol HLF; Shares outstanding: 33.4 million; Market cap: $281.2 million; Dividend yield: 6.9%; www.highlinerfoods.com) processes and markets frozen seafood throughout the U.S., Canada and Mexico.
The company sells its products in grocery stores under the High Liner and Fisher Boy brands, among others… Read More

Q: Hi Pat: Could I get your thoughts on High Liner Foods? Its price has come down substantially and it has a decent dividend. Thank you.

A: High Liner Foods Inc., $14.20, symbol HLF on Toronto (Shares outstanding: 33.3 million; Market cap: $472.3 million, www.highliner.com), processes and markets frozen seafood. The company was called National Sea Products before it changed its name in 1998.

Throughout the U.S., Canada and Mexico, High Liner… Read More

Time to Take Profits in FPI

FPI LTD. $18 (Toronto symbol FPL; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 13.5 million; Market cap: $243.0 million; SI Rating: Speculative) plans to sell its remaining assets in two transactions.

Ocean Choice International will buy FPI’s fish harvesting and processing operations in Atlantic Canada for… Read More