Note: I am changing from using the Historical Median dividend yield to the 10 year median dividend yield.
There is always something to buy in the stock market. On Tuesday, I put out a list of the stocks that I covered and showed what stock might be a good deal based on dividend yield. Now I am trying to categorize what sorts of stocks may be a good deal based on dividend yield. The dividend yield test in this note is a quick way of finding possible stock buys. See my Spreadsheet.
The advantages to using dividend yield to judge how cheap or expensive a stock is, is that you are not using estimates or old data (like last reported quarter's data). You are using today's stock price and today's dividend yield. However, this is just a place to start. It is a good idea to check the stock price with other tests, especially the P/S Ratio test. For other testing, like P/E Ratios, P/S Ratios, P/CF Ratios, P/BV Ratios and Price/Graham Price Ratios, you use estimates or data from the last reported financial quarter.
If a stock is showing as a buy using the dividend yield test, I usually like to verify it is a buy by doing a P/S Ratio test. Here you compare the current P/S Ratio to the 10 year median P/S Ratio. If the current P/S Ratio is lower than the 10 year median, then the stock is a buy. I note that Morningstar gives a current P/S Ratio. The 10 year median ratio is shown in my review of a stock. The 10 year median ratio in a review is good for one year from the date of review.
This historical dividend yield test does not work well for old Income Trust companies. These companies had quite high Dividend Yields which will probably never be seen again. So, I started a column called VT (for Valid Test) and this applies to checking stock price using dividend yield. If it is not a valid test, I use N to show this. For these stocks, you might be better comparing the current dividend yield to the 10 year median dividend yield.
However, no system is perfect. But if you are interested in buying a stock a list of stocks cheap or reasonable using dividend yield data might be a good place to start.
Categorizing stocks is not as simple as it might seem. Every site you go to has categorized stocks a bit differently. I try to keep this as simple as possible. See Something to Buy May 2026 Spreadsheet above to see what stocks are showing whether a stock is relatively cheap based on historical high dividend yields (P/Hi), historical median dividend yields (P/Med), 10 year high dividend yields (P/10Hi), or 10 year median dividend yields (P/10Yr). As in other spreadsheets, you can highlight a line or several lines for better viewing.
In the following notes I am only going to list stocks showing as cheap using the historical high dividend yields (P/Hi) and 10 year median dividend yields (P/10Y). This is a change from what I was doing before as I was doing the historical median before this blog posting.
I follow 20 stocks in the Consumer Discretionary category. Three of these stocks (15%) are showing as cheap by the historically high dividend yield. They are BRP Inc (TSX-DOO, NASDAQ-DOOO), Molson Coors Canada (TSX-TPX.B, NYSE-TAP) and TWC Enterprises Ltd (TSX-TWC, OTC-CLKXF). BRP Inc (TSX-DOO, NASDAQ-DOOO) has been added to this list
Eleven (55%) of Consumer Discretionary are showing cheap by 10 year median dividend yield. They are BRP Inc (TSX-DOO, NASDAQ-DOOO), Canadian Tire Corp (TSX-CTC.A, OTC-CDNAF), High Liner Foods (TSX-HLF, OTC-HLNFF), Leon's Furniture (TSX-LNF, OTC-LEFUF), Linamar Corporation (TSX-LNR, OTC-LIMAF), Magna International Inc. (TSX-MG, NYSE-MGA), Molson Coors Canada (TSX-TPX.B, NYSE-TAP), Richards Group Inc (TSX-RIC, OTC-RPKIF), Richelieu Hardware Ltd (TSX-RCH, OTC-RHUHF), Thomson Reuters Corp (TSX-TRI, NASDAQ-TRI) and TWC Enterprises Ltd (TSX-TWC, OTC-CLKXF). Richards Group Inc (TSX-RIC, OTC-RPKIF) has been added to this list.
I follow 13 Consumer Staples stocks. No stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.
Nine stocks (69%) are showing cheap by 10 year median dividend yield. These are Alimentation Couche-Tard (TSX-ATD.B, OTC-ANCUF), Andrew Peller Ltd (TSX-ADW.A, OTC-ADWPF), Empire Company Ltd (TSX-EMP.A, OTC-EMLAF), Jamieson Wellness Inc (TSX-JWEL, OTC-JWLLF), Lassonde Industries (TSX-LAS.A, OTC-LSDAF), Maple Leaf Foods Inc (TSX-MFI, OTC-MLFNF), Metro Inc (TSX-MRU, OTC-MTRAF), Premium Brands Holdings Corp (TSX-PBH, OTC-PRBZF), and Saputo Inc. (TSX-SAP, OTC-SAPIF). KP Tissue Inc (TSX-KPT, NYSE-KPTSF) has been removed from this list. Premium Brands Holdings Corp (TSX-PBH, OTC-PRBZF) has been added to this list
I follow Six Health Care stocks. One of these stocks (17%) is showing as cheap by the historically high dividend yield. It is Medtronic Inc. (NYSE-MDT). Medtronic Inc. (NYSE-MDT) has been added to this list.
One stocks (17%) are cheap by the 10 year median dividend yield. The stock is Medtronic Inc. (NYSE-MDT). There is no change from last month.
I follow 8 Energy stocks. No stocks (0%) are showing as cheap by the historical high dividend yield. There is no change from last month.
There are two stocks (25%) showing as cheap by 10 year median dividend yield. They are Cenovus Energy Inc (TSX-CVE, NYSE-CVE), and Mullen Group (TSX-MTL, OTC-MLLGF). Canadian Natural Resources (TSX-CNQ, NYSE-CNQ) has been removed from this list.
I follow 26 Financial stocks under the categories of Banks (7), Financial Services (14), and Insurance (5).
I follow 7 Bank stocks. None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.
No stocks (0%) are showing as cheap by 10 year median dividend yield. Bank of Nova Scotia (TSX-BNS, NYSE-BNS) has been removed from this list.
I follow 14 Financial Service stocks. One of these stocks (7%) are showing as cheap by the historically high dividend yield. It is Firm Capital Mortgage Invest. Corp (TSX-FCR.UN, OTC-FCMGF). There is no change from last month
Five stocks (36%) are showing as cheap by the 10 year median dividend yield. These stocks are Atrium Mortgage Investment Corp (TSX-AI, OTC-AMIVF), EQB Inc (TSX-EQB, OTC-EQGPF), Firm Capital Mortgage Invest. Corp (TSX-FCR.UN, OTC-FCMGF), Goeasy Ltd (TSX-GSY, OTC-EHMEF), and Propel Holding Inc (TSX-PRL, OTC- PRLPF). Element Fleet Management Corp (TSX-EFN, OTC-ELEEF) has removed from this list.
I follow 5 Insurance stocks. None of these stocks (0%) is showing as cheap by the historically high dividend yield. There is no change from last month.
No stocks (0%) are showing as cheap by 10 year median dividend yield. Great-West Lifeco Inc (TSX-GWO, OTC-GWLIF), Manulife Financial Corp (TSX-MFC, NYSE-MFC), and Sun Life Financial (TSX-SLF, NYSE-SLF) have been removed from this list.
I follow 32 Industrial stocks. Because I have so many in Industrial, I have divided my Industrial stocks into 4 separate categories under Industrial. They are Construction (7), Industrial (3), Manufacturing (5) and (Business) Services (17). Titanium Transportation Group Inc (TSX-TTNM, OTCQX-TTNMF) was in the Services section and it was bought out.
I have 7 Construction stocks. No stock (0%) is showing as cheap by the historically high dividend yield. There is no change from last month.
No stock (0%) is showing as cheap by 10 year median dividend yield. There is no change from last month.
I have 3 stocks left with the sub-index of Industrial. None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.
No stock (0%) is showing as cheap by 10 year median dividend yield. There is no change from last month.
I have 5 Manufacturing stocks. None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.
One stock (14%) is showing as cheap by 10 year median dividend yield. It is Exco Technologies Ltd. (TSX-XTC, OTC-EXCOF). There is no change from last month.
I follow 17 Services stocks. Two stocks (11%) are showing as cheap by the historically high dividend yield. It is Canadian National Railway (TSX-CNR, NYSE-CNI.) and Transcontinental Inc (TSX-TCL.A, OTC-TCLAF). There is no change from last month.
Nine stock (53%) are showing as cheap by 10 year median dividend yield. They are Canadian National Railway (TSX-CNR, NYSE-CNI), Canadian Pacific Kansas City Ltd (TSX-CP, NYSE-CP), Dexterra Group Inc (TSX-DXT, OTC-HZNOF), McCoy Global Inc (TSX-MCB, OTC-MCCRF), Pason Systems Inc (TSX-PSI, OTC-PSYTF), Pulse Seismic Inc (TSX-PSD, OTC-PLSDF), Transcontinental Inc (TSX-TCL.A, OTC-TCLAF), and Trican Well Service Ltd (TSX-TCW, OTC-TOLWF), and Waste Connections Inc (TSX-WCN, NYSE-WCN).
Algoma Central Corporation (TSX-ALC, OTC-AGMJF) has been removed from this list. Canadian Pacific Kansas City Ltd (TSX-CP, NYSE-CP), Dexterra Group Inc (TSX-DXT, OTC-HZNOF), McCoy Global Inc (TSX-MCB, OTC-MCCRF), Pulse Seismic Inc (TSX-PSD, OTC-PLSDF), and Waste Connections Inc (TSX-WCN, NYSE-WCN), have added to this group
I follow 10 Material stocks. One stock (10%) is showing as cheap by the historically high dividend yield. It is Barrick Mining Corp (TSX-ABX, NYSE-B). There is no change from last month.
Five stock (50%) is showing as cheap by 10 year median dividend yield. They are Adentra Inc (TSX-ADEN, OTC-HDIUF), Barrick Mining Corp (TSX-ABX, NYSE-B), CCL Industries (TSX-CCL.B, OTC-CCDBF), Stella-Jones (TSX-SJ, OTC-STLJF), and Supremex Inc (TSX-SXP, OTC-SUMXF). Adentra Inc (TSX-ADEN, OTC-HDIUF), and Supremex Inc (TSX-SXP, OTC-SUMXF) has been added to this list.
I follow 9 Real Estate stocks. No stock (0%) is showing as cheap by historically high dividend yield. There is no change from last month.
Three stocks (33%) are showing as cheap by 10 year median dividend yield. They are Allied Properties REIT (TSX-AP.UN, OTC-APYRF), FirstService Corp (TSX-FSV, NASDAQ-FSV), and SmartCentres REIT (TSX-SRU.UN, OTC-CWYUF). Melcor Developments Inc. and (TSX-MRD, OTC-MODVF) has been removed from this list.
I follow 4 of the Telecom Service stocks. Two of the stocks (50%) are showing as cheap by historically high dividend yield. They are Cogeco Communications Inc (TSX-CCA, OTC-CGEAF), and Telus Corp (TSX-T, NYSE-TU). There is no change from last month.
Three stocks (75%) are showing cheap by 10 year median dividend yield. These stocks are Cogeco Communications Inc (TSX-CCA, OTC-CGEAF), Quebecor Inc (TSX-QBR.B, OTC-QBCRF) and Telus Corp (TSX-T, NYSE-TU). BCE (TSX-BCE, NYSE-BCE) has been removed from this list.
I follow 7 Tech stocks. One stock (14%) is showing as cheap by historical high dividend yield. It is Enghouse Systems Limited (TSX-ENGH, OTC-EGHSF). There is no change from last month.
Two stock (28%) are showing cheap by 10 year median dividend yield. They are Enghouse Systems Limited (TSX-ENGH, OTC-EGHSF), and Evertz Technologies (TSX-ET, OTC-EVTZF). There is no change from last month.
I follow 8 of the Infrastructure Type stocks. No stock (0%) is showing as cheap by historical high dividend yield. There is no change from last month. South Bow Corp (TSX-SOBO, NYSE-SOBO) is showing as cheap, but I have little data on this stock. I am waiting to have more data on this stock.
No stock (0%) is showing cheap by 10 year median dividend yield. It is are. Enbridge Inc. (TSX-ENB, NYSE-ENB) has been removed from this list. South Bow Corp (TSX-SOBO, NYSE-SOBO) is showing as cheap but I have little data on this stock.
I follow 8 of the Power Type utility companies. No stock (0%) is showing as cheap by historical high dividend yield. There is no change from last month.
One stocks (13%) are showing as cheap by 10 year median dividend yield. It is Boralex Inc (TSX-BLX, OTC-BRLXF). ATCO Ltd (TSX-ACO.X, OTC-ACLLF) has been removed from this list.
On my other blog I wrote yesterday about Canadian Natural Resources (TSX-CNQ, NYSE-CNQ) ... learn more. Next, I will write about Barclays PLC ADR (LSE-BARC, NYSE-BCS) ... learn more on Friday, May 8, 2026 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
Thursday, May 7, 2026
Tuesday, May 5, 2026
Dividend Stocks May 2026
Dividend Stocks May 2026First, I want to point out that not all the stocks I follow are great investments. I follow a diverse selection of stocks. There are some that I would never invest in personally.
I follow several resource stocks even though I personally have little invested in this area. I follow what I find interesting and with resource stocks, I think it is important for Canadians to know what is happening in the resource area. On the other hand, I do follow of good number of great dividend growth stocks. You might want to get the free weekly newsletter from Canadian Stock Channel which says what might be the best Canadian Dividend Stocks to buy at the present time.
The theory is that you should use the dividend yield to see if a dividend stock is selling at a stock price that is relatively cheap. A stock price is considered cheap if it is selling at a dividend yield higher than the historical high yield or higher than the historical average yield or historical median yield. Some use the 10 year average or median yield rather than the historical ones. I use median yields, always. See my spreadsheet at dividend growth stocks that I just updated for May 2026. On this list,
AGF Management Ltd (TSX-AGF.B, OTC-AGFMF)
Barclays PLC ADR (LSE-BARC, NYSE-BCS)
Canadian Pacific Kansas City Ltd (TSX-CP, NYSE-CP)
Chartwell Retirement Residences (TSX-CSH.UN, OTC-CWSRF)
EQB Inc (TSX-EQB, OTC-EQGPF)
Johnson and Johnson (NYSE-JNJ) Pulse Seismic Inc. (TSX-PSD, OTC-PLSDF)
Of the stocks I follow, 1 stock has cut their dividends.
RAF Financial Inc (TSX-RFA, OTCQX-RFAFF) RAF put out a News Release on March 13, 2026 to say that the company has declared a prorated dividend of $0.22 per common share for the period from February 1, 2026, to March 31, 2026 (the “Initial Dividend”). RFA expects to pay a quarterly dividend to common shareholders of $0.11 per share, representing $0.44 per share on an annualized basis. The dividend on my spreadsheet has be adjusted accordingly.
Of the stocks I follow, 0 stock have suspended or terminated their dividend.
Titanium Transportation Group Inc (TSX-TTNM, OTCQX-TTNMF) was bought out by management. See article.
This month for the stocks I follow, 25.83% moved more than 10%. The 10% increases were at 22.52% and the declines at 3.31%. Last month for the stocks I follow, 17.76% moved more than 10%. The 10% increases were at 8.55% and the declines at 9.21%
Of the stocks I follow, the following declined the most in their stock price. Of the stocks I follow, 35.10% had declining stock prices. Last month 48.68% of the stock had declining prices. The following chart shows the top 10 decliners.
Of the stock that I follow, these stocks gained the most in their stock price. Of the stock I follow, 63.58% had increasing stock price. And, 1.32 % or 2 stock had the same stock price as last month. Last month 64.05% of the stocks had increasing prices with 0.65% or 1 stocks of the stocks with the same price.
Most of my stocks started out as Dividend Payers. Currently 13 stocks are not paying any dividends and this would be some 8.67% of the stocks that I follow. Four of these stocks never had dividends, so 6.00% of the stocks I follow have suspended or do not pay a dividend. The four stocks that never paid dividends are Ballard Power Systems Inc. (TSX-BLD, NASDAQ-BLDP), Blackberry Ltd. (TSX-BB, NASDAQ-BBRY), Trigon Metals Inc. (TSX-TM, OTC-PNTZF) and Well Health Technologies Corp (TSX-WELL, OTCQX-WHTCF).
I am showing whether a stock is relatively cheap based on historical high dividend yields (P/Hi), historical average dividend yields (P/Ave), historical median dividend yields (P/Med) or on 10 year median dividend yields (P/10Y). See these fields on the right side of the file. You can highlight a particular stock using your cursor to highlight the appropriate line.
There are always some stocks to buy because they are priced reasonably. There are always stocks to currently avoid because they are overpriced. Looking at dividend growth stocks that are selling at stock prices that give them a dividend yield above the historical median dividend yield are probably the best bet.
The stocks that are selling at prices that give them a dividend yield above the historical high yield could be good stocks to buy. However, these stocks may be selling so cheap because of current troubles, especially financial troubles and should be treated with caution. Do not forget that I have all the stocks I follow on this spreadsheet and some are much better investments than others.
You should always investigate a stock before you buy. Sometimes different stocks in certain sectors are just out of favour or the stock market is just in one of its declines. However, a stock may be relatively cheap because it has problems. That is why you should always investigate a stock before buying.
Looking at stock this way is equivalent to a stock filter. A main problem I know of is for the old income trusts. These companies have generally lowered their dividend yields forever and they will probably never get back to the old dividend yield highs they made as an income trust company. For these stocks, you might be better comparing the current dividend yield to the 5 year median dividend yield. I also started a column called VT (for Valid Test) and this applies to checking stock price using dividend yield. If it is not a valid test, I use N to show this.
Also, on some stocks I have a lot more information years in my spreadsheets than for other stocks. So, finding a stock on the list as "cheap" is only the first step in finding a stock to buy. This is the same with any other sort of stock filters that you can use.
The last thing to remember is that I have entering figures into a spreadsheet. I could put them in incorrectly, I can transpose figures and I can misread figures. This is another great reason why you should check a stock out before investing. As this is just a filter, it works better on some stocks than on others.
See my entry on my methodology in establishing the historical dividend yield highs and lows for the stocks that I cover. I have an entry on my introduction to Dividend Growth. You might want to look at my original entry on Dividend Growth Stocks. I have also written about why I like Dividend Growth companies.
On my other blog I wrote yesterday about South Bow Corp (TSX-SOBO, NYSE-SOBO) ... learn more. Next, I will write about Canadian Natural Resources (TSX-CNQ, NYSE-CNQ) ... learn more on Wednesday, May 6, 2026 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my website for stocks followed and investment notes. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter or StockTwits. I am on Instagram with #walktoronto.
I follow several resource stocks even though I personally have little invested in this area. I follow what I find interesting and with resource stocks, I think it is important for Canadians to know what is happening in the resource area. On the other hand, I do follow of good number of great dividend growth stocks. You might want to get the free weekly newsletter from Canadian Stock Channel which says what might be the best Canadian Dividend Stocks to buy at the present time.
The theory is that you should use the dividend yield to see if a dividend stock is selling at a stock price that is relatively cheap. A stock price is considered cheap if it is selling at a dividend yield higher than the historical high yield or higher than the historical average yield or historical median yield. Some use the 10 year average or median yield rather than the historical ones. I use median yields, always. See my spreadsheet at dividend growth stocks that I just updated for May 2026. On this list,
- I have 12 stocks with a dividend yield higher than the historical high dividend yield,
- I have 52 stocks with a dividend yield higher than the historical median dividend yield
- I have 9 stocks with a dividend yield higher than the 10 year high dividend yield and
- I have 54 stocks with a dividend yield higher than the 10 year average dividend yield.
- I have 10 stocks with a dividend yield higher than the historical high dividend yield,
- I have 58 stocks with a dividend yield higher than the historical median dividend yield
- I have 8 stocks with a dividend yield higher than the 10 year high dividend yield and
- I have 63 stocks with a dividend yield higher than the 10 year average dividend yield.
- I had 9 stocks with a dividend yield higher than the historical high dividend yield,
- I had 45 stocks with a dividend yield higher than the historical average dividend yield and
- I had 39 stocks with a dividend yield higher than the 5 year median dividend yield.
AGF Management Ltd (TSX-AGF.B, OTC-AGFMF)
Barclays PLC ADR (LSE-BARC, NYSE-BCS)
Canadian Pacific Kansas City Ltd (TSX-CP, NYSE-CP)
Chartwell Retirement Residences (TSX-CSH.UN, OTC-CWSRF)
EQB Inc (TSX-EQB, OTC-EQGPF)
Johnson and Johnson (NYSE-JNJ) Pulse Seismic Inc. (TSX-PSD, OTC-PLSDF)
Of the stocks I follow, 1 stock has cut their dividends.
RAF Financial Inc (TSX-RFA, OTCQX-RFAFF) RAF put out a News Release on March 13, 2026 to say that the company has declared a prorated dividend of $0.22 per common share for the period from February 1, 2026, to March 31, 2026 (the “Initial Dividend”). RFA expects to pay a quarterly dividend to common shareholders of $0.11 per share, representing $0.44 per share on an annualized basis. The dividend on my spreadsheet has be adjusted accordingly.
Of the stocks I follow, 0 stock have suspended or terminated their dividend.
Titanium Transportation Group Inc (TSX-TTNM, OTCQX-TTNMF) was bought out by management. See article.
This month for the stocks I follow, 25.83% moved more than 10%. The 10% increases were at 22.52% and the declines at 3.31%. Last month for the stocks I follow, 17.76% moved more than 10%. The 10% increases were at 8.55% and the declines at 9.21%
Of the stocks I follow, the following declined the most in their stock price. Of the stocks I follow, 35.10% had declining stock prices. Last month 48.68% of the stock had declining prices. The following chart shows the top 10 decliners.
| Name | Exch | Sym | Exch | Sym | Chge SP |
|---|---|---|---|---|---|
| BRP Inc | TSX | DOO | NASDAQ | DOOO | -25.37% |
| AGF Management Ltd | TSX | AGF.B | OTC | AGFMF | -20.71% |
| GFL Environmental Inc | TSX | GFL | NYSE | GFL | -15.56% |
| Agnico Eagle Mines Ltd | TSX | AEM | NYSE | AEM | -13.95% |
| Stella-Jones | TSX | SJ | OTC | STLJF | -12.03% |
| Dorel Industries | TSX | DII.B | OTC | DIIBF | -9.78% |
| TransAlta Corp | TSX | TA | NYSE | TAC | -9.70% |
| Cogeco Communications | TSX | CCA | OTC | CGEAF | -9.28% |
| Barrick Mining Corp | TSX | ABX | NYSE | B | -9.11% |
| Computer Modelling | TSX | CMG | OTC | CMDXF | -8.68% |
Of the stock that I follow, these stocks gained the most in their stock price. Of the stock I follow, 63.58% had increasing stock price. And, 1.32 % or 2 stock had the same stock price as last month. Last month 64.05% of the stocks had increasing prices with 0.65% or 1 stocks of the stocks with the same price.
| Name | Exch | Sym | Exch | Sym | Chge SP |
|---|---|---|---|---|---|
| Aecon Group Inc | TSX | ARE | OTC | AEGXF | 21.36% |
| TFI International Inc | TSX | TFII | NYSE | TFII | 24.75% |
| Bird Construction Inc | TSX | BDT | OTC | BIRDF | 25.25% |
| TECSYS Inc | TSX | TCS | OTC | TCYSF | 25.93% |
| Sylogist Ltd | TSXV | SYZ | OTC | SYZLF | 26.33% |
| Badger Infrastructure | TSX | BDGI | OTC | BDGIF | 29.54% |
| Ballard Power Systems | TSX | BLDP | NASDAQ | BLDP | 33.33% |
| Obsidian Energy Ltd | TSX | OBE | NYSE | OBE | 50.70% |
| Blackberry Ltd. (RIM) | TSX | BB | NYSE | BB | 52.70% |
| Hammond Power | TSX | HPS.A | OTC | HMDPF | 58.75% |
Most of my stocks started out as Dividend Payers. Currently 13 stocks are not paying any dividends and this would be some 8.67% of the stocks that I follow. Four of these stocks never had dividends, so 6.00% of the stocks I follow have suspended or do not pay a dividend. The four stocks that never paid dividends are Ballard Power Systems Inc. (TSX-BLD, NASDAQ-BLDP), Blackberry Ltd. (TSX-BB, NASDAQ-BBRY), Trigon Metals Inc. (TSX-TM, OTC-PNTZF) and Well Health Technologies Corp (TSX-WELL, OTCQX-WHTCF).
I am showing whether a stock is relatively cheap based on historical high dividend yields (P/Hi), historical average dividend yields (P/Ave), historical median dividend yields (P/Med) or on 10 year median dividend yields (P/10Y). See these fields on the right side of the file. You can highlight a particular stock using your cursor to highlight the appropriate line.
There are always some stocks to buy because they are priced reasonably. There are always stocks to currently avoid because they are overpriced. Looking at dividend growth stocks that are selling at stock prices that give them a dividend yield above the historical median dividend yield are probably the best bet.
The stocks that are selling at prices that give them a dividend yield above the historical high yield could be good stocks to buy. However, these stocks may be selling so cheap because of current troubles, especially financial troubles and should be treated with caution. Do not forget that I have all the stocks I follow on this spreadsheet and some are much better investments than others.
You should always investigate a stock before you buy. Sometimes different stocks in certain sectors are just out of favour or the stock market is just in one of its declines. However, a stock may be relatively cheap because it has problems. That is why you should always investigate a stock before buying.
Looking at stock this way is equivalent to a stock filter. A main problem I know of is for the old income trusts. These companies have generally lowered their dividend yields forever and they will probably never get back to the old dividend yield highs they made as an income trust company. For these stocks, you might be better comparing the current dividend yield to the 5 year median dividend yield. I also started a column called VT (for Valid Test) and this applies to checking stock price using dividend yield. If it is not a valid test, I use N to show this.
Also, on some stocks I have a lot more information years in my spreadsheets than for other stocks. So, finding a stock on the list as "cheap" is only the first step in finding a stock to buy. This is the same with any other sort of stock filters that you can use.
The last thing to remember is that I have entering figures into a spreadsheet. I could put them in incorrectly, I can transpose figures and I can misread figures. This is another great reason why you should check a stock out before investing. As this is just a filter, it works better on some stocks than on others.
See my entry on my methodology in establishing the historical dividend yield highs and lows for the stocks that I cover. I have an entry on my introduction to Dividend Growth. You might want to look at my original entry on Dividend Growth Stocks. I have also written about why I like Dividend Growth companies.
On my other blog I wrote yesterday about South Bow Corp (TSX-SOBO, NYSE-SOBO) ... learn more. Next, I will write about Canadian Natural Resources (TSX-CNQ, NYSE-CNQ) ... learn more on Wednesday, May 6, 2026 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my website for stocks followed and investment notes. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter or StockTwits. I am on Instagram with #walktoronto.
Thursday, April 30, 2026
Pesorama, Capital Compounders
Robin Speziale at Capital Compounders talk about Pesorama.
On my other blog I wrote yesterday about Barrick Mining Corp (TSX-ABX, NYSE-B) ... learn more. Next, I will write about Pembina Pipelines Corp (TSX-PPL, NYSE-PBA) ... learn more on Friday, May 1, 2025 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
On my other blog I wrote yesterday about Barrick Mining Corp (TSX-ABX, NYSE-B) ... learn more. Next, I will write about Pembina Pipelines Corp (TSX-PPL, NYSE-PBA) ... learn more on Friday, May 1, 2025 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
Tuesday, April 28, 2026
Free Cash Portfolio
I came across this portfolio called Free Cash Portfolio. It has the following stocks in it.
Capital One Financial Corp
Centene Corp
CF Industries Holdings Inc
Discover Financial Services
Everest Re Group Ltd
Lincoln National Corp
Marathon Oil Corp
MetLife Inc
Synchrony Financial
Valero Energy Corp
On my other blog I wrote yesterday about Leon's Furniture Ltd (TSX-LNF, OTC-LEFUF) ... learn more. Next, I will write about Barrick Mining Corp (TSX-ABX, NYSE-B) ... learn more on Wednesday, April 29, 2025 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
Capital One Financial Corp
Centene Corp
CF Industries Holdings Inc
Discover Financial Services
Everest Re Group Ltd
Lincoln National Corp
Marathon Oil Corp
MetLife Inc
Synchrony Financial
Valero Energy Corp
On my other blog I wrote yesterday about Leon's Furniture Ltd (TSX-LNF, OTC-LEFUF) ... learn more. Next, I will write about Barrick Mining Corp (TSX-ABX, NYSE-B) ... learn more on Wednesday, April 29, 2025 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
Thursday, April 23, 2026
Metro and Rogers Communications
Amber Kanwar at In the Money talks about Metro a stock I own and Rogers another Canadian Dividend stock.
On my other blog I wrote yesterday about Alaris Equity Partners Income Trust (TSX-AD.UN, OTC-ALARF) ... learn more. Next, I will write about Supremex Inc (TSX-SXP, OTC-SUMXF) ... learn more on Friday, April 24, 2026 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
On my other blog I wrote yesterday about Alaris Equity Partners Income Trust (TSX-AD.UN, OTC-ALARF) ... learn more. Next, I will write about Supremex Inc (TSX-SXP, OTC-SUMXF) ... learn more on Friday, April 24, 2026 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
Tuesday, April 21, 2026
Lemonade Portfolio
I came across this portfolio called Lemonade Portfolio. It has the following stocks in it.
Athabasca Oil Corp
Canfor Corp
Celestica Inc
Coveo Solutions Inc
Frontera Energy Corp
Interfor Corp
MEG Energy Corp
PetroTal Corp
Spartan Delta Corp
Torex Gold Resources Inc
On my other blog I wrote yesterday about Sun Life Financial Inc (TSX-SLF, NYSE-SLF) ... learn more. Next, I will write about Alaris Equity Partners Income Trust (TSX-AD.UN, OTC-ALARF) ... learn more on Wednesday, April 22, 2026 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
Athabasca Oil Corp
Canfor Corp
Celestica Inc
Coveo Solutions Inc
Frontera Energy Corp
Interfor Corp
MEG Energy Corp
PetroTal Corp
Spartan Delta Corp
Torex Gold Resources Inc
On my other blog I wrote yesterday about Sun Life Financial Inc (TSX-SLF, NYSE-SLF) ... learn more. Next, I will write about Alaris Equity Partners Income Trust (TSX-AD.UN, OTC-ALARF) ... learn more on Wednesday, April 22, 2026 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
Thursday, April 16, 2026
McCoy Global on Wolfe of Oakville
The Wolf of Oakville writes about McCoy Global. This is a stock I own and follow.
On my other blog I wrote yesterday about Melcor Developments Inc (TSX-MRD, OTC-MODVF) ... learn more. Next, I will write about Goodfellow Inc (TSX-GDL, OTC-GFELF) ... learn more on Friday, April 17, 2026 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
On my other blog I wrote yesterday about Melcor Developments Inc (TSX-MRD, OTC-MODVF) ... learn more. Next, I will write about Goodfellow Inc (TSX-GDL, OTC-GFELF) ... learn more on Friday, April 17, 2026 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
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