Holding company for Great West (GWO-T), IGM (IGM-T) and Putnam in the US (Best mutual fund in Barrens). 4.5% dividend yield. You have coverage for virtually everything you need within the asset management/investment field and insurance. Due for another dividend increase.
Cut the distributions a couple of times during the fall of oil prices and that the current level is about 4.5%-5%. The big deal outstanding is ConocoPhillips (COP-N) selling a 9% stake in Syncrude and this company is felt to be the logical buyer. If they buy, they will be able to maintain their payout.
Over the last year it is up 55%-60% because it's been the beneficiary of Canadian banks not cutting dividends or having to be bailed out. Also the Canadian economy is way better than US. One third of its earnings are from outside of North America. Good management. 4.3% dividend.
Growth in oil sands production will benefit with their production and refining assets. Have also acquired some cheap gas stations in Ontario from Petrocan (PCA-T). 4.5% yield.
It is unfortunate about the dividend cut and the equity raise of $2.5 million but all the bad news is in the price. Dividend will be back where it was 5 years ago.
One reason to buy is that its gold mines are in safe places. Also has growth and production. Reasonable to assume that gold will be higher over the next couple of years as governments tend to print their way out of their major problems.
About as cheap as it has ever been. Apple (AAPL-Q) and this company are the 2 main major competitors who are gaining market share and Nokia (NOK-N) has the brand.
This is the success story however you are still dependent on the North American economy sole sales will not be what they used to be. If you own, consider taking some profits.
Recently announced they were lowering their CapX for this year so a number of analysts have pulled back their estimates. Has a pretty neat set of assets. Very cheap.
New CEO is out working the government, which is what is needed. This company is entirely based on what you think US government policy is going to be. .25% dividend. Canadian banks are better. If you own, consider taking profits.