Dividend Stock Analysis
Dividend Stock Analysis: Royal Bank Of Canada (TSE: RY)
Its been a while since my last dividend stock analysis, so I thought I'd start with what should be a heavy hitter, Royal Bank Of Canada (TSE: RY). I have replaced the Dividend Achievers slot, with the DividendInvenstors.ca star rating, due to the dividend achievers list no longer being viewable online. (If you know of a new address for it, please let us know in the comment section! As we all know, all the banks have been hit hard in recent months. Lets see how their overall scores turn out now that things have calmed down a bit.
About the company:
Here is Royal Bank of Canada's description of what they do, which can be found on their website here
Dividend Stock Analysis: Bank of Montreal (TSE: BMO)
Banks have always been one of the cornerstones for Dividend Based Investing, because they are dividend paying behemoths. They all like to increase their dividend payments regularly and they generally have some of the best yields to go along with these regular increases. Obviously, the banks have been hit pretty hard recently, and although I still don't believe this crisis is over, I thought I'd start doing some analysis on the banks, to see how they stack up in my fairly unforgiving dividend analysis. So, first of is a bank I have always favoured as a dividend pick.
About the company:
Here is Bank of Montreal's description of what they do, which can be found on their website here
A Look At Canada's Top 4 Financial Services And Insurance Companies
Last week we took a glance at the big 5 Canadian banks and their current divined yields, so I figured that I would continue on this and take a look at our top 4 financial services / insurance companies. Yesterday we had a little bit of a rally in the Canadian markets, due to some strength in resource stocks, but unfortunately the bear decided to prove its strength and took hold of todays momentum once again. Just like last week I thought I'd take two metrics into consideration for todays chart. The first and most important one, is the Dividend Yield and the second is the Payout Ratio which I feel is a good indication if future dividend increases are feasible.
A Glance At The Big 5 Canadian Banks And Their Current Yields
Well, the markets are going crazy right now, and personally I don't think this volatility is going to end in the near future. There are a lot of stocks that are selling at a deep discount right now. And some of these stocks are the big banks here in Canada. Even though the price of crude oil hit $75 today, and the Canadian dollar has done a swan dive, the Banks here in Canada haven't taken as big a hit as I expected. This could be because a recent report said that Canada's banks are the most 'sound' in the world. In any case, I figured it might be a good time to take a quick glance at the big 5 Canadian banks and see what their current dividend yields are sitting at. I thought I'd take two metrics into consideration in todays chart.
Dividend Stock Analysis: Home Capital Group Inc. (TSE: HCG)
I couldn't decide what stock to analyze this week, so I decided to chose another random Dividend Achiever, so please enjoy this weeks analysis on Home Capital Group Inc.
About the company:
Here is Home Capital Group's description of what they do, which can be found on their website here
Dividend Stock Analysis: Shaw Communications Inc. (TSE: SJR.B)
I wasn't sure which stock to do my dividend stock analysis on this week, so I ended up just picking a random one off of mergent's dividend Achievers list. So, this week I bring you an analysis of Shaw Communications Inc. ( TSE: SJR.B ). Even though Rogers is the main carrier in the city that I live in, I'd still like to see how SJR stacks up.
About the company:
Here is Google Finances description of Shaw Communications does, which can be found here here
Dividend Stock Analysis: Canadian Pacific Railway Ltd. (TSE: CP)
Continuing on from last weeks Dividend Stock Analysis for Canadian National Railway (TSE: CNR) I will do an analysis of Canadian Pacific Railway to see which one is currently the better dividend stock pick. Like always, my analysis is value oriented and the final result is purely based of the numbers, so lets get to it ans see how TSE: CP stacks up in this weeks Dividend Stock Analysis.
About the company:
Here is Canadian Pacific's description of what they do, which can be found on their website here
