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20 Best Yielding Canadian Stocks with Buy Rating
Posted by: Dividend (IP Logged)
Date: January 24, 2013 09:58AM

Maybe some of you might think about an investment aboard. A first target country to place your money is Canada. The country is the 12th largest economy in the world with a total gross domestic product of USD1.736 billion. Year over year, Canada’s economic growth is up 1.5 and the unemployment rates are at 7.1 percent.

The interest rates, which are at 1 percent, are higher than the rates from the U.S. Not enough the most important issue for a financial stability is the debt to GDP ratio. The ratio shows if an economy is stable or fears to be bailed-out. Canada’s debt to GDP ratio is not low but has with 85 percent of the gross income a solid figure for a developed country. The U.S. have a ratio of 103 percent.

Today I like to screen some popular Canadian stocks with a listing in the U.S. You can also find a list of the best Canadian Dividend Aristocrats in my weekly published Dividend Weekly. The report is completely free and shows the yields and price ratios from over 1,000 stocks worldwide.

One-hundred eighty Canadian stocks are listed in the U.S. Sixty-six of them pay dividends and 37 of them have a current buy or better rating. Below is a small is of the 20 highest yielding stocks with a buy or better recommendation. Two of the results have a buy or better recommendation.

Do you like Canadian stocks? Do you think it makes sense to buy foreign stocks? Let me know by leaving a comment.

Here are my favorite stocks:

Baytex Energy (BTE) has a market capitalization of $5.61 billion. The company employs 159 people, generates revenue of $1.106 billion and has a net income of $219.30 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $587.32 million. The EBITDA margin is 53.10 percent (the operating margin is 24.58 percent and the net profit margin 19.83 percent).

Financial Analysis: The total debt represents 24.77 percent of the company’s assets and the total debt in relation to the equity amounts to 50.52 percent. Due to the financial situation, a return on equity of 18.76 percent was realized. Twelve trailing months earnings per share reached a value of $2.38. Last fiscal year, the company paid $2.44 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 19.44, the P/S ratio is 5.16 and the P/B ratio is finally 4.54. The dividend yield amounts to 5.74 percent and the beta ratio has a value of 1.53.

Toronto-Dominion Bank (TD) has a market capitalization of $76.28 billion. The company employs 78,397 people, generates revenue of $22.428 billion and has a net income of $6.290 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $10.949 billion. The EBITDA margin is 48.82 percent (the operating margin is 31.70 percent and the net profit margin 26.97 percent).

Financial Analysis: The total debt represents 17.60 percent of the company’s assets and the total debt in relation to the equity amounts to 300.32 percent. Due to the financial situation, a return on equity of 14.82 percent was realized. Twelve trailing months earnings per share reached a value of $6.82. Last fiscal year, the company paid $2.91 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 12.20, the P/S ratio is 3.32 and the P/B ratio is finally 1.73. The dividend yield amounts to 3.72 percent and the beta ratio has a value of 1.29.

Potash (POT) has a market capitalization of $36.18 billion. The company employs 5,703 people, generates revenue of $8.715 billion and has a net income of $3.081 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $4.424 billion. The EBITDA margin is 50.76 percent (the operating margin is 49.41 percent and the net profit margin 35.35 percent).

Financial Analysis: The total debt represents 27.91 percent of the company’s assets and the total debt in relation to the equity amounts to 57.82 percent. Due to the financial situation, a return on equity of 42.40 percent was realized. Twelve trailing months earnings per share reached a value of $2.67. Last fiscal year, the company paid $0.28 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 15.71, the P/S ratio is 4.14 and the P/B ratio is finally 4.57. The dividend yield amounts to 2.01 percent and the beta ratio has a value of 1.04.

Take a closer look at the full list of the best yielding and most recommended Canadian dividend stocks. The average P/E ratio amounts to 19.72 and forward P/E ratio is 17.78. The dividend yield has a value of 3.86 percent. Price to book ratio is 2.06 and price to sales ratio 2.35. The operating margin amounts to 19.51 percent and the beta ratio is 1.40. Stocks from the list have an average debt to equity ratio of 1.14.

Related stock ticker symbols:
PGH, PWE, BTE, CM, TU, BNS, RY, TD, MFC, RCI, ENB, IAG, CVE, BIN, TCK, ABX, TLM, PDS, UFS, POT

Selected Articles:
· 7 High-Yield Canadian Energy Trusts With Monthly Dividend Payments
· Cheapest Dividend Paying Large Caps As of January 2013
· Cheap Dividend Champions | 20 Stocks With Highest Growth At Low Valuation
· 20 Highly Recommended Basic Material Stocks

(Subscribe to my blog via RSS Feed or E-Mail. Alternatively, you can follow me on Facebook or Twitter.)

The highest yielding Canadian dividend stocks to buy; originally published at "long-term-investments.blogspot.com."


Stocks Discussed: PGH, PWE, BTE, CM, TU, BNS, RY, TD, MFC, RCI, ENB, IAG, CVE, BI,
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