
TSE:WSP
Engineering/design firm. Stock is off significantly over the past few months due to an equity raise and their acquisition of WSP Group, a very large British engineering firm. Very well run company and dividend yield of 7.1% is very secure. Very strong visibility and an outlook for earnings growth as we get into 2013-2014.
Margins are much better on engineering consulting than on construction. Owns this but probably won’t keep it. He would be a buyer below $20. 6.8% dividend yield.