price to sales ratio

Dear client,


TransCanada has now completed its purchase of U.S.-based Columbia Pipeline Group. Combined with other projects underway, Columbia’s operations should spur the company’s revenue and earnings, and give TransCanada more cash for dividends....

Here are two U.S. stocks with a long history of raising dividends, and we expect both will continue to increase their payouts. Procter & Gamble’s growing focus on its most-successful brands improves its prospects, while Wells Fargo stands to gain from the decrease in federal regulations promised by President-elect Donald Trump....

IGM FINANCIAL INC. $37 (Toronto symbol IGM; Conservative Growth Payer Portfolio, Finance sector; Shs. o/s: 240.5 million; Market cap: $8.9 billion; Divd. yield: 6.1%; Dividend Sustainability Rating: Above Average; Price-tosales ratio: 3.0; www.igmfinancial.com) is Canada’s largest independent mutual fund provider....

TELUS CORP. $42 (Toronto symbol T; Income Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 592.0 million; Market cap: $24.9 billion; Dividend Sustainability Rating: Highest; Dividend yield: 4.6%; Price-to-sales ratio: 2.0; www.telus.com) provides a wide range of telecommunications services across Canada, including cable television, high-speed Internet, wireless and landline telephone services.


With the January 2017 payment, the company will increase its quarterly dividend by 4.3%, to $0.48 a share from $0.46....

SNAP-ON INC. $169 (New York symbol SNA; Conservative- Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 58.0 million; Market cap: $9.8 billion; Price-to-sales ratio: 2.7; Dividend yield: 1.7%; Dividend Sustainability Rating: Above Average; www....

CAMPBELL SOUP CO. $57 (New York symbol CPB; Conservative Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 307.9 million; Market cap: $17.6 billion; Price-to-sales ratio: 2.2; Dividend Sustainability Rating: Above Average; Dividend yield: 2.5%; www.campbellsoupcompany.com) is the world’s largest maker of canned soups....

MOLSON COORS CANADA INC. (Toronto symbols TPX.A $134 and TPX.B $133; Conservative Growth Payer Portfolio, Consumer sector; Shares outstanding: 214.8 million; Market cap: $28.7 billion; Price-to-sales ratio: 6.3; Divd. yield: 1.7%; Dividend Sustainability Rating: Above Average; www.molsoncoors.com) has completed its acquisition of the remaining 58% of MillerCoors....

Both Russel Metals and Calian are growth stocks, but they offer income investors a high, sustainable yield. The two firms have strong balance sheets, and those high payouts appear safe.


RUSSEL METALS $25 (Toronto symbol RUS; High- Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 61.7 million; Market cap: $1.5 billion; Price-to-sales ratio: 0.6; Dividend yield: 6.1%; Dividend Sustainability Rating: Above Average; russelmetals....

PFIZER INC. $31 (New York symbol PFE; Income Portfolio, Manufacturing & Industry sector; Shares o/s: 6.1 billion; Market cap: $189.1 billion; Price-to-sales ratio: 3.6; Dividend Sustainability Rating: Highest; Dividend yield: 3.9%; www.pfizer.com) is one of the world’s leading prescription drugmakers....

H&R REAL ESTATE INVESTMENT TRUST $21 (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Units o/S: 283.9 million; Market cap: $6.0 billion; Price-to-sales ratio: 5.4; Dividend Sustainability Rating: Above Average; Dividend yield: 6.6%; www.hr-reit.com) owns or has a stake in 515 office buildings, industrial properties and shopping malls across Canada and the U.S....