Futuremed Healthcare (FMD.TO)

Medical supplies distribution business, specifically targeting retirement homes. Very little competition. Expecting growth through going into some ancillary services.

(A Top Pick Feb 15/06. Up 15%.) Very stable distribution.

They are a distributor so they don't need to have a lot of assets. All the earnings are free cash flow which allows a nice distribution every month. Current yield is around 9%. Have been growing every year.