Newest Blogroll | MarketplaceClaymore Etf Canada Income Stocks in Canada! 18 Canadian Dividend Stocks High The 2008 financial crisis strangely echoes what happened there in Japan more than a decade. In the 1990s, the Japanese banking system had become overloaded with bad loans after the bubble burst property, according to Gillian Tett, author of fool's gold. The psychology of investors seem dangerously too similar. If this happens, investors who buy high-yield stocks could now collect big dividends as the economy struggles to get back on its feet. The Associated Press (AP) reported Friday that the U.S. federal budget deficit surged to an all time high of 1.42 trillion dollars. The administration projects Obama deficits totaling 9.1 trillion dollars over the next decade. For weeks, the decline in U.S. dollar sent gold to record highs and has contributed to oil over $ 78. Canada happens to have many of these products. The following are 18 Canadian companies listed on U.S. stock exchange with a market capitalization exceeding $ 1 billion a reasonable P / E ratios and dividend yields above 3.5% (ranked by yield):
Name Symbol P / E Yield Market Capitalization Provident Energy TR (PVX) 9.0 11.1% 1.66B PENGROWTH EGY UTS (HMP) 5.0 10.6% 2.61B TRU Penn West Energy (PWE) 5.1 10.1% 6.90B ENERPLUS RES FD (ERF) 5.8 8.4% 3.97B Harvest Energy Trust (HTE) 4.2 8.1% 1.14b BCE INC. (ECB) 21.7 6.1% 18.82B Telus Corp. (TU) 8.6 5.8% 9.41B TRST precision drill (PDS) 4.3 5.7% 1.91B BANK OF MONTREAL (BMO) 17.3 5.1% 27.68B TRANSALTA CORP (TAC) 21.9 5.1% 4.07B Baytex ENERGY TR UTS (BTE) 12.8 5.0% 2.77B CANADIAN IMP BK COMM (CM) 3.7 5.0% 2.98B BROOKFIELD ptys CP (BPO) 6.2 4.6% 4.47B TransCanada Corp. (TRP) 15.1 4.3% 21.71B COMM CL B NV SHAW (SJR) 15.6 4.2% 8.24B ROGERS COMMUN CL B (RCI) 16.8 4.0% 16.57B Bank of Nova Scotia (SNB) 16.7 3.9% 45.86B TD (TD) 17.4 3.5% 53.70B These 18 high-dividend companies are in 4 sectors: energy, financial services, telecommunications and utilities. Income Trust Energy Strong demand from China and the weak U.S. dollar to make the sector attractive energy. 7 companies belong to the category Energy Income Trust: Symbol Operating Margin Debt / operating CF And 52-Week (BTE) 36% 1.0 7.84 to 26.44 (ERF) 51% 0.7 12.85-28.58 (HTE) 10% 3.2 3.00 to 11.55 (PDS) 28% 2.0 2.00 to 12.21 (HMP) 22% 2.5 4.51 to 11.90 (PVX) 23% 1.5 2.23 to 6.84 (PWE) 58% 2.3 6.77 to 19.01 For sophisticated traders, commodity trading directly could provide greater reward. For income investors, companies in the commodity might be a better choice because they provide a kind of buffer, in addition to regular dividends. There is a little known ETF Claymore Canadian Energy Income (ENY), which includes most of these companies. Its yield is 5.45%. Financials Posted on January 20, 2010.
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