Sorry for the delay people, I’ve been crumbling under a pile of work this week and couldn’t come up with this post before now. If you are curious about what I’m working on, check this out 😉
TSX 60 Ex-Dividend Date – Some Stocks Don’t Pay Their Dues!
Before I go ahead and publish the TSX 60 Ex-Dividend date monthly chart, I must admit that I was quite surprised to see that 5 stocks out of 60 aren’t paying dividends. There were only 3 (Valeant – VRX , Catamaran – CCT and BlackBerry – RIP… I mean BB) last month. I Am Gold (IMG) has been kicked-out of the index and replaced by CGI Group (CGI) which doesn’t pay a dividend. Another gold digger (Kinross Gold Corp – K) has suspended its dividend as well. In fact, most gold stocks dropped or annihilated their dividend over summer. This leaves 29 stocks out of 60 paying a dividend over 3%:
Ticker Name Industry Price Dividend Yield Payout Ratio Ex-Div Date
TA TransAlta Corp Electric-Integrated 13.38 8.67 N/A 11/27/2013
CPG Crescent Point Energy Corp Oil Comp-Explor&Prodtn 39 7.08 488.53 10/29/2013
COS Canadian Oil Sands Ltd Oil Comp-Explor&Prodtn 19.96 7.01 66.67 11/22/2013
ERF Enerplus Corp Oil Comp-Explor&Prodtn 17.05 6.33 N/A 10/2/2013
BCE BCE Inc Telecom Services 44.02 5.29 65.51 12/12/2013
PWT Penn West Petroleum Ltd Oil Comp-Explor&Prodtn 11.43 4.9 294.25 1/2/2014
CM Canadian Imperial Bank of Commerce/Canada Commer Banks Non-US 82.06 4.68 46.33 12/27/2013
ECA Encana Corp Oil Comp-Explor&Prodtn 17.8 4.64 N/A 12/11/2013
ARX ARC Resources Ltd Oil Comp-Explor&Prodtn 26.27 4.57 256.75 10/28/2013
POT Potash Corp of Saskatchewan Inc Agricultural Chemicals 32.21 4.47 28.96 10/10/2013
SLF Sun Life Financial Inc Life/Health Insurance 32.9 4.38 61.12 11/25/2013
BMO Bank of Montreal Commer Banks Non-US 68.75 4.31 45.74 10/30/2013
SJR/B Shaw Communications Inc Cable/Satellite TV 23.92 4.26 47.55 10/10/2013
BNS Bank of Nova Scotia Commer Banks Non-US 59 4.2 41.39 1/3/2014
NA National Bank of Canada Commer Banks Non-US 85.07 4.09 32.81 12/24/2013
TRP TransCanada Corp Pipelines 45.25 4.07 95.52 12/27/2013
RY Royal Bank of Canada Commer Banks Non-US 66 4.06 50.32 10/22/2013
HSE Husky Energy Inc Oil Comp-Integrated 29.62 4.05 59.73 11/25/2013
POW Power Corp of Canada Life/Health Insurance 29.1 3.99 64.18 12/6/2013
T TELUS Corp Telecom Services 34.14 3.98 60.35 12/11/2013
FTS Fortis Inc/Canada Electric-Integrated 31.29 3.96 86.19 11/13/2013
RCI/B Rogers Communications Inc Cellular Telecom 44.29 3.93 47.35 12/11/2013
TRI Thomson Reuters Corp Multimedia 36.02 3.75 51.28 11/21/2013
TD Toronto-Dominion Bank/The Commer Banks Non-US 92.74 3.67 42.47 10/1/2013
AGU Agrium Inc Agricultural Chemicals 86.57 3.58 10.31 12/27/2013
AEM Agnico Eagle Mines Ltd Gold Mining 27.28 3.4 56.18 11/27/2013
TCK/B Teck Resources Ltd Diversified Minerals 27.68 3.25 61.37 12/11/2013
CVE Cenovus Energy Inc Oil Comp-Integrated 30.74 3.15 66.97 12/11/2013
MFC Manulife Financial Corp Life/Health Insurance 17.04 3.05 61.95 11/15/2013
ENB Enbridge Inc Pipelines 43.02 2.93 146.72 11/13/2013
YRI Yamana Gold Inc Gold Mining 10.71 2.51 40.7 12/27/2013
TLM Talisman Energy Inc Oil Comp-Explor&Prodtn 11.82 2.36 225.2 11/13/2013
G Goldcorp Inc Gold Mining 26.8 2.31 25.04 10/15/2013
SNC SNC-Lavalin Group Inc Engineering/R&D Services 42.35 2.17 43 11/15/2013
SU Suncor Energy Inc Oil Comp-Integrated 36.83 2.17 27.76 11/28/2013
CCO Cameco Corp Non-Ferrous Metals 18.58 2.15 59.42 12/27/2013
BBD/B Bombardier Inc Diversified Manufact Op 4.79 2.12 31.66 12/11/2013
L Loblaw Cos Ltd Food-Retail 45.51 2.11 36.8 12/11/2013
WN George Weston Ltd Food-Misc/Diversified 81.01 2.05 62.44 12/11/2013
SC Shoppers Drug Mart Corp Retail-Drug Store 59.32 1.92 36.12 12/27/2013
SAP Saputo Inc Food-Dairy Products 48.87 1.88 33.54 12/5/2013
THI Tim Hortons Inc Retail-Restaurants 59.74 1.74 32.35 11/29/2013
CNR Canadian National Railway Co Transport-Rail 104.37 1.65 24.33 12/6/2013
SLW Silver Wheaton Corp Silver Mining 25.52 1.64 21.13 11/20/2013
BAM/A Brookfield Asset Management Inc Real Estate Oper/Develop 38.54 1.6 27.21 10/30/2013
MG Magna International Inc Auto/Trk Prts&Equip-Orig 84.95 1.58 17.59 11/27/2013
MRU Metro Inc Food-Retail 64.43 1.55 17.65 11/6/2013
CNQ Canadian Natural Resources Ltd Oil Comp-Explor&Prodtn 32.37 1.54 24.35 12/11/2013
CTC/A Canadian Tire Corp Ltd Retail-Discount 91.23 1.53 20.39 10/29/2013
ELD Eldorado Gold Corp Gold Mining 6.95 1.44 33.85 2/5/2014
CP Canadian Pacific Railway Ltd Transport-Rail 127.09 1.1 47.93 12/27/2013
ABX Barrick Gold Corp Gold Mining 19.18 1.09 N/A 11/27/2013
IMO Imperial Oil Ltd Oil Comp-Integrated 45.23 1.06 10.83 11/27/2013
GIL Gildan Activewear Inc Apparel Manufacturers 47.8 0.78 24.55 12/10/2013
FM First Quantum Minerals Ltd Metal-Copper 19.18 0.61 5.03 4/15/2014
VRX Valeant Pharmaceuticals International Inc Medical-Drugs 107.4 N/A N/A N/A
K Kinross Gold Corp Gold Mining 5.19 N/A N/A 3/19/2014
BB Blackberry Ltd Computers 8.1 N/A N/A N/A
CCT Catamaran Corp Pharmacy Services 47.32 N/A 0 N/A
GIB/A CGI Group Inc Computers-Integrated Sys 36.15 N/A 0 N/A
Best 2013 Dividend Stocks Results
At the beginning of the year, I created a list of Best dividend stocks for 2013 (click on the link to get my metrics and see the list). Out of this exhaustive list, I pulled out 30 stocks to be my “favorite” picks from the list. These are not stock recommendations and I strongly suggest you do your own analysis and read the financial statements. This book is simply a compilation of my own stock analyses for 30 stocks either held in my portfolio or on my watch list.
I’ve broken down the results per market:
Best 2013 US Dividend Stock Results +22.11% and 3.11% Dividend Yield
Company Ticker YTD Current Div Yield
Abbott Laboratories ABT 1,34% 1,69%
Autoliv Inc ALV 29,67% 2,29%
CA Inc CA 34,99% 3,37%
Campbell Soup Co CPB 16,67% 2,85%
Chesapeake Utilities Corp CPK 15,61% 2,93%
Chevron Corp CVX 12,34% 3,29%
Darden Restaurants Inc DRI 2,71% 4,75%
General Mills Inc GIS 18,55% 3,17%
Heinz HNZ 25,67% 2,84%
Genuine Parts Co GPC 27,23% 2,66%
Intel Corp INTC 11,16% 3,93%
Johnson & Johnson JNJ 23,67% 3,05%
Kellogg Co K 5,16% 3,13%
Kimberly-Clark Corp KMB 11,59% 3,44%
Mattel Inc MAT 14,35% 3,44%
McDonald\'s Corp MCD 9,07% 3,37%
Microsoft Corp MSFT 24,60% 3,37%
Procter & Gamble Co/The PG 11,33% 3,18%
Safeway Inc SWY 76,84% 2,50%
Seagate Technology PLC STX 43,85% 3,47%
Walgreen Co WAG 45,36% 2,34%
Western Union Co/The WU 37,10% 2,68%
Wisconsin Energy Corp WEC 9,58% 3,79%
Average 22,11% 3,11%
VIG 16,85% 2,14%
Added Value 5,26% 0,97%
I’m proud to write that none of my 20 US dividend stock picks for 2013 shows a negative return… and that I’m beating my benchmark by 5.26% (VIG with 16.85%). On top of this, my portfolio is paying 0.97% more in dividend yield. My three best picks are Seagate Technology (STX), Walgreen (WAG) and Safeway (SWY).
Darden Restaurants (DRI) wasn’t able to deliver better results after revamping its menu. Since sales were disappointing, the stock dropped and is now almost flat (+2.71%) for the year. Once again, this shows how quickly a stock value can turn around upon the release of financial results.
**Please note that Heinz (HZN) stock is now in my portfolio as a reference only since it was bought earlier this year. Therefore the stock won’t pay dividends any longer.
Best 2013 Canadian Dividend Stock Results
Company Ticker YTD Current Div Yield
Andrew Peller Ltd ADW/A 36,63% 2,90%
Royal Bank of Canada RY 10,22% 4,06%
National Bank of Canada NA 10,14% 4,09%
Calian Technologies Ltd CTY -1,42% 5,47%
Emera Inc EMA -14,22% 4,70%
Power Corporation POW 14,66% 3,99%
Evertz Technologies Ltd ET 0,88% 4,00%
Black Diamond Group Ltd BDI 22,28% 3,41%
TELUS Corp T 4,75% 3,98%
Rogers Communications Inc RCI/B -1,93% 3,93%
Average 8,20% 4,05%
XDV 7,19% 4,16%
Added Value 1,01% -0,11%
The best news of the past month was the fact that Verizon (VZ) put its project to enter the Canadian market on ice for good with its recent purchase of its shares owned by Vodafone. No other foreign telecom behemoth bid on the spectrum leaving the mobile market to Rogers (RCI.B), Telus (T) and Bell (BCE). Since I have chosen 2 out of three in this sector, it has helped me beat my benchmark by 1.01% so far this year (XDV).
After a slow starts, Canadian Banks (RY and NA) have picked-up their pace and both show +10% ytd. I’m fairly confident for the next quarter of the year!
You want to know how I chose these picks? Check the answer right here.
Disclaimer: I’m long NA, T, CVX, JNJ, MCD
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