Thinks the dividend is pretty safe, and is probably going to continue to grow over the next few years. This has very strong visibility and stability of their cash flows. 95%-99% of their annual revenues are recurring year-to-year. They are now growing in the US, so they are getting traction. The state of Illinois has just become a new customer. They keep making acquisitions to add to their cash flow and earnings. He definitely likes this. 4.5% dividend yield, which he thinks will grow nicely.

Not as cheap as it used to be. Has been a core holding for him for many years. It had a very good rally along with many other consumer stocks, so it is getting a little bit pricey, but the business is doing well. Had a great year with Star Wars. They keep finding ways to grow revenue outside of the box office. They are also growing a pretty nice media business as well. 3.2% dividend yield.

He took advantage of the recent rebound in the share price by selling his position. Has concerns about the US economy, and this company is quite sensitive to the macro environment. It could suffer if we see bad economic data coming out.

The dividend on this is definitely safe. A good company with a solid asset base. He would qualify this as a Hold as the valuation is up there. The problem is that their growth outlook is probably the lowest it has been in many years. They may do more acquisitions in Europe, but other than that it is getting tougher for them to generate more growth.

A value stock, but that has been the case for many years, and has been somewhat of a value trap despite management’s decent execution. This is not a growth business anymore. If you are concerned about Canadian real estate, this is definitely a name to be concerned about. As well, they have exposure to Western Canada, and how that is going to impact their results. 5.1% dividend yield should be safe.

He likes this company. They have been executing well recently. The issue he had with them in the past is that they lacked discipline on the acquisition side. He is still a bit concerned about this.

Likes the value they are going to unplug by splitting the company in 2. They will be a fleet business and an asset management business in September. They will disclose the pro forma numbers in August. Last quarter management guided that the fleet business will earn about $1.12, but could actually be $1.10. If you use a 15 or 16 time multiple, this is what the stock currently is at. Even if you don’t like the commercial side of the business, it is probably worth at least $3, so you can easily get to $20 and above on a valuation. After the split, they will materially increase the dividend. Dividend yield of 0.68%.