See the recent post by Robin Speziale. He is talking about the fact that you do not get rich by buying ETS or Index Funds. You get rich by concentrating your money in a few great companies.
I agree that Index Funds are not the way to go to build wealth from the stock market. I own stocks of good companies. I must admit that I am quite diversified. I picked some good companies and held them long term. I pick a few good winners. However, picking just a few good winners is not easy. I have had companies go bad on me, but I know that the good solid picks I made would save me. The most annoying thing about picking winners is that they are often bought out so you do not reap the full advantage of having picked a winner.
On my other blog I wrote yesterday about was Enbridge Inc (TSX-ENB, NYSE-ENB) ... learn more. Next, I will write about TC Energy Corp (TSX-TRP, NYSE-TRP0) ... learn more on Friday, April 3, 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 2, 2026
Tuesday, March 31, 2026
Dividend Monster Portfolio
I came across this portfolio called Dividend monster Portfolio. It has the following stocks in it.
Lundin Gold
Computer Modelling Group
Wall Financial
Restaurant Brands
Guardian Capital Group
Exchange Income EIF-T
Prairie Sky Royalty
iA Financial
Crescent Point Energy
Paramount Resources
Another 10 for the 20-stock portfolio:
Cardinal Energy
Mullen Group
Parex Resources
Stelco Holdings
North West Co
Whitecap Resources
Great-West Lifeco
National Bank
Quebecor
Canadian Natural Resources
On my other blog I wrote yesterday about H & R Real Estate Trust (TSX-HR.UN, OTC-HRUFF) ... learn more. Next, I will write about Enbridge Inc (TSX-ENB, NYSE-ENB) ... learn more on Wednesday, April 1, 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.
Lundin Gold
Computer Modelling Group
Wall Financial
Restaurant Brands
Guardian Capital Group
Exchange Income EIF-T
Prairie Sky Royalty
iA Financial
Crescent Point Energy
Paramount Resources
Another 10 for the 20-stock portfolio:
Cardinal Energy
Mullen Group
Parex Resources
Stelco Holdings
North West Co
Whitecap Resources
Great-West Lifeco
National Bank
Quebecor
Canadian Natural Resources
On my other blog I wrote yesterday about H & R Real Estate Trust (TSX-HR.UN, OTC-HRUFF) ... learn more. Next, I will write about Enbridge Inc (TSX-ENB, NYSE-ENB) ... learn more on Wednesday, April 1, 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, March 26, 2026
Stable Dividend Portfolio
I came across this portfolio called Stable Dividend Portfolio. It has the following stocks in it.
Hydro One,
Canadian Utilities,
Emera,
Fortis,
BCE,
Rogers Sugar,
Algonquin Power,
TELUS,
ATCO,
Timbercreek Financial,
Capital Power,
Intact Financial,
Royal Bank,
Great-West Lifeco,
Enbridge,
Extendicare,
Metro,
Power Corp,
Sun Life Financial,
TMX Group
I had never head about the Timbercreek Financial Corp before.
Timbercreek Financial Corp is a Canada-based non-banking commercial real estate lender. The company provides shorter-duration, customized financing solutions to professional real estate investors. It invests directly in a diversified portfolio of structured mortgage loans predominantly secured by stabilized, income-producing commercial real estates, such as multi-residential, office and retail buildings located in urban markets across Canada. Its web site is here Timbercreek Financial Corp.
Two analysts talked about this company on Stock Chase in 2025. It got a Sell and a Hold rating. The Sell says that a 10% dividend has the market's telling you the dividend is likely to be cut. The Hold said it is underpriced at $7.64. Puja Tayal on Motley Fool says this is a stock to avoid in 2026. Aditya Raghunath on Motley Fool buy this stock and you’ll own a business built from the ground up to pay you. The company put out a Press Release via Global Newswire about it fourth quarter results for 2025.
Simply Wall Street via Yahoo Finance reviews this tock. They it is overvalued and its fair price is $6.81. Simply Wall Street gives this stock two and one half stars. It has two warnings of debt is not well covered by operating cash flow; and dividend of 10.09% is not well covered by earnings or free cash flows.
On my other blog I wrote yesterday about TransAlta Corp (TSX-TA, NSYE-TAC) ... learn more. Next, I will write about Emera Inc (TSX-EMA, OTC-EMRA) ... learn more on Friday, March 27, 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.
Hydro One,
Canadian Utilities,
Emera,
Fortis,
BCE,
Rogers Sugar,
Algonquin Power,
TELUS,
ATCO,
Timbercreek Financial,
Capital Power,
Intact Financial,
Royal Bank,
Great-West Lifeco,
Enbridge,
Extendicare,
Metro,
Power Corp,
Sun Life Financial,
TMX Group
I had never head about the Timbercreek Financial Corp before.
Timbercreek Financial Corp is a Canada-based non-banking commercial real estate lender. The company provides shorter-duration, customized financing solutions to professional real estate investors. It invests directly in a diversified portfolio of structured mortgage loans predominantly secured by stabilized, income-producing commercial real estates, such as multi-residential, office and retail buildings located in urban markets across Canada. Its web site is here Timbercreek Financial Corp.
Two analysts talked about this company on Stock Chase in 2025. It got a Sell and a Hold rating. The Sell says that a 10% dividend has the market's telling you the dividend is likely to be cut. The Hold said it is underpriced at $7.64. Puja Tayal on Motley Fool says this is a stock to avoid in 2026. Aditya Raghunath on Motley Fool buy this stock and you’ll own a business built from the ground up to pay you. The company put out a Press Release via Global Newswire about it fourth quarter results for 2025.
Simply Wall Street via Yahoo Finance reviews this tock. They it is overvalued and its fair price is $6.81. Simply Wall Street gives this stock two and one half stars. It has two warnings of debt is not well covered by operating cash flow; and dividend of 10.09% is not well covered by earnings or free cash flows.
On my other blog I wrote yesterday about TransAlta Corp (TSX-TA, NSYE-TAC) ... learn more. Next, I will write about Emera Inc (TSX-EMA, OTC-EMRA) ... learn more on Friday, March 27, 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, March 24, 2026
TFI International Inc
This edition of In the Money by Amber Kanwar talks about TFI International. It also has a section on another Canadian stock of iA Financial Corporation Inc.
On my other blog I wrote yesterday about TFI International Inc (TSX-TFII, OTC-TFIFF) ... learn more. Next, I will write about TransAlta Corp (TSX-TA, NSYE-TAC) ... learn more on Wednesday, March 25, 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 TFI International Inc (TSX-TFII, OTC-TFIFF) ... learn more. Next, I will write about TransAlta Corp (TSX-TA, NSYE-TAC) ... learn more on Wednesday, March 25, 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, March 19, 2026
The Frugal Dividend Portfolio
I came across this portfolio called Frugal Dividend portfolio. It has the following stocks in it.
Algoma Central,
Bank of Montreal,
Bank of Nova Scotia,
CIBC,
Cogeco,
Cogeco Communications,
E-L Financial,
Great-West Lifeco,
National Bank,
Sun Life
On my other blog I wrote yesterday about Bombardier Inc (TSX-BBD.B, OTC-BDRBF) ... learn more. Next, I will write about RioCan Real Estate (TSX-REI.UN, OTC-RIOCF) ... learn more on Friday, March 20, 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.
Algoma Central,
Bank of Montreal,
Bank of Nova Scotia,
CIBC,
Cogeco,
Cogeco Communications,
E-L Financial,
Great-West Lifeco,
National Bank,
Sun Life
On my other blog I wrote yesterday about Bombardier Inc (TSX-BBD.B, OTC-BDRBF) ... learn more. Next, I will write about RioCan Real Estate (TSX-REI.UN, OTC-RIOCF) ... learn more on Friday, March 20, 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, March 17, 2026
Fourth Quarter Reports
There is Fourth Quarter Reports on some good dividend stocks on Money Sense . I think the good ones are Manulife, Sun Life and Fortis.
On my other blog I wrote yesterday about Manulife Financial Corp (TSX-MFC, NYSE-MFC) ... learn more. Next, I will write about Bombardier Inc (TSX-BBD.B, OTC-BDRBF) ... learn more on Wednesday, March 18, 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 Manulife Financial Corp (TSX-MFC, NYSE-MFC) ... learn more. Next, I will write about Bombardier Inc (TSX-BBD.B, OTC-BDRBF) ... learn more on Wednesday, March 18, 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, March 12, 2026
Something to Buy March 2026
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 November 2025 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 historical median dividend yields (P/Med).
I follow 20 stocks in the Consumer Discretionary category. Two of these stocks (10%) are showing as cheap by the historically high dividend yield. It is Molson Coors Canada (TSX-TPX.B, NYSE-TAP) and TWC Enterprises Ltd (TSX-TWC, OTC-CLKXF). There is no change from last month.
Nine (45%) of Consumer Discretionary are showing cheap by historical 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), Richelieu Hardware Ltd (TSX-RCH, OTC-RHUHF) and TWC Enterprises Ltd (TSX-TWC, OTC-CLKXF). Goodfellow Inc (TSX-GDL, OTC-GFELF) has been removed from this list.
I follow 13 Consumer Staples stocks. No stocks (0%) are showing as cheap by the historically high dividend yield. Alimentation Couche-Tard (TSX-ATD.B, OTC-ANCUF) has been removed from this list.
Nine stocks (69%) are showing cheap by historical 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), KP Tissue Inc (TSX-KPT, NYSE-KPTSF), Lassonde Industries (TSX-LAS.A, OTC-LSDAF), Maple Leaf Foods Inc (TSX-MFI, OTC-MLFNF), Metro Inc (TSX-MRU, OTC-MTRAF) and Saputo Inc. (TSX-SAP, OTC-SAPIF). There is no change from last month.
I follow Six Health Care stocks. None of these stocks (0%) is showing as cheap by the historically high dividend yield. There is no change from last month.
One stocks (17%) are cheap by the historical 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 four stocks (50%) showing as cheap by historical median dividend yield. They are Canadian Natural Resources (TSX-CNQ, NYSE-CNQ), Cenovus Energy Inc (TSX-CVE, NYSE-CVE), Mullen Group (TSX-MTL, OTC-MLLGF), and Ovintiv Inc (TSX-OVV, OTC-OVV). Suncor Energy (TSX-SU, NYSE-SU) has been removed from this list.
I follow 27 Financial stocks under the categories of Banks (7), Financial Services (15), and Insurance (5). RFA Financial Inc (TSX-RFA, OTCQX-RFAFF) has been added to the Financial Services list and Artis Real REIT was be removed from the Real Estate section.
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.
One stocks (14%) are showing as cheap by historical median dividend yield. It is Bank of Nova Scotia (TSX-BNS, NYSE-BNS). There is no change from last month.
I follow 14 Financial Service stocks. None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.
Seven stocks (50%) are showing as cheap by the historical 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), Guardian Capital Group (TSX-GCG.A, OTC-GCAAF), Power Corp (TSX-POW, OTC-PWCDF), and Propel Holding Inc (TSX-PRL, OTC- PRLPF). Propel Holding Inc (TSX-PRL, OTC- PRLPF) has been added to 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.
Three stocks (60%) are showing as cheap by historical median dividend yield. These stocks are Great-West Lifeco Inc (TSX-GWO, OTC-GWLIF), Manulife Financial Corp (TSX-MFC, NYSE-MFC), and Sun Life Financial (TSX-SLF, NYSE-SLF). There is no change from last month.
I follow 33 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 (18).
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 historical 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 historical 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 historical median dividend yield. It is Exco Technologies Ltd. (TSX-XTC, OTC-EXCOF). There is no change from last month.
I follow 18 Services stocks. One stock (6%) is showing as cheap by the historically high dividend yield. It is Canadian National Railway (TSX-CNR, NYSE-CNI.). There is no change from last month.
Six stock (33%) are showing as cheap by historical median dividend yield. They are Algoma Central Corporation (TSX-ALC, OTC-AGMJF), Canadian National Railway (TSX-CNR, NYSE-CNI), McCoy Global Inc (TSX-MCB, OTC-MCCRF), Pason Systems Inc (TSX-PSI, OTC-PSYTF), Transcontinental Inc (TSX-TCL.A, OTC-TCLAF), and Trican Well Service Ltd (TSX-TCW, OTC-TOLWF). Wajax Corp (TSX-WJX, OTC-WJXFF) has been removed from this list.
I follow 10 Material stocks. No stock (0%) is showing as cheap by the historically high dividend yield. There is no change from last month.
Two stock (20%) is showing as cheap by historical median dividend yield. They are Barrick Mining Corp (TSX-ABX, NYSE-B) and Stella-Jones (TSX-SJ, OTC-STLJF). Barrick Mining Corp (TSX-ABX, NYSE-B) has been added to this list.
I follow 9 Real Estate stocks. Artis Real REIT has been removed from this list. See Financials above. No stock (0%) is showing as cheap by historically high dividend yield. There is no change from last month.
Four stocks (44%) are showing as cheap by historical median dividend yield. They are Allied Properties REIT (TSX-AP.UN, OTC-APYRF), FirstService Corp (TSX-FSV, NASDAQ-FSV), Melcor Developments Inc. and (TSX-MRD, OTC-MODVF), and SmartCentres REIT (TSX-SRU.UN, OTC-CWYUF). Allied Properties REIT (TSX-AP.UN, OTC-APYRF) has been added to 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.
Four stocks (100%) are showing cheap by historical median dividend yield. These stocks are BCE (TSX-BCE, NYSE-BCE), Cogeco Communications Inc (TSX-CCA, OTC-CGEAF), Quebecor Inc (TSX-QBR.B, OTC-QBCRF) and Telus Corp (TSX-T, NYSE-TU). There is no change from last month.
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 historical 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.
One stocks (13%) is showing cheap by historical median dividend yield. It is are Enbridge Inc. (TSX-ENB, NYSE-ENB). TC Energy Corp (TSX-TRP, NYSE-TRP) 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.
Two stocks (25%) are showing as cheap by historical median dividend yield. Those stocks are ATCO Ltd (TSX-ACO.X, OTC-ACLLF), and Boralex Inc (TSX-BLX, OTC-BRLXF). Canadian Utilities Ltd (TSX-CU, OTC-CDUAF) has been removed from this list.
On my other blog I wrote yesterday about Choice Properties REIT (TSX-CHP.UN, OTC-PPRQF) ... learn more. Next, I will write about Canadian Tire Corp (TSX-CTC.A, OTC-CDNAF) ... learn more on Friday, March 13, 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.
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 November 2025 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 historical median dividend yields (P/Med).
I follow 20 stocks in the Consumer Discretionary category. Two of these stocks (10%) are showing as cheap by the historically high dividend yield. It is Molson Coors Canada (TSX-TPX.B, NYSE-TAP) and TWC Enterprises Ltd (TSX-TWC, OTC-CLKXF). There is no change from last month.
Nine (45%) of Consumer Discretionary are showing cheap by historical 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), Richelieu Hardware Ltd (TSX-RCH, OTC-RHUHF) and TWC Enterprises Ltd (TSX-TWC, OTC-CLKXF). Goodfellow Inc (TSX-GDL, OTC-GFELF) has been removed from this list.
I follow 13 Consumer Staples stocks. No stocks (0%) are showing as cheap by the historically high dividend yield. Alimentation Couche-Tard (TSX-ATD.B, OTC-ANCUF) has been removed from this list.
Nine stocks (69%) are showing cheap by historical 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), KP Tissue Inc (TSX-KPT, NYSE-KPTSF), Lassonde Industries (TSX-LAS.A, OTC-LSDAF), Maple Leaf Foods Inc (TSX-MFI, OTC-MLFNF), Metro Inc (TSX-MRU, OTC-MTRAF) and Saputo Inc. (TSX-SAP, OTC-SAPIF). There is no change from last month.
I follow Six Health Care stocks. None of these stocks (0%) is showing as cheap by the historically high dividend yield. There is no change from last month.
One stocks (17%) are cheap by the historical 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 four stocks (50%) showing as cheap by historical median dividend yield. They are Canadian Natural Resources (TSX-CNQ, NYSE-CNQ), Cenovus Energy Inc (TSX-CVE, NYSE-CVE), Mullen Group (TSX-MTL, OTC-MLLGF), and Ovintiv Inc (TSX-OVV, OTC-OVV). Suncor Energy (TSX-SU, NYSE-SU) has been removed from this list.
I follow 27 Financial stocks under the categories of Banks (7), Financial Services (15), and Insurance (5). RFA Financial Inc (TSX-RFA, OTCQX-RFAFF) has been added to the Financial Services list and Artis Real REIT was be removed from the Real Estate section.
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.
One stocks (14%) are showing as cheap by historical median dividend yield. It is Bank of Nova Scotia (TSX-BNS, NYSE-BNS). There is no change from last month.
I follow 14 Financial Service stocks. None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.
Seven stocks (50%) are showing as cheap by the historical 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), Guardian Capital Group (TSX-GCG.A, OTC-GCAAF), Power Corp (TSX-POW, OTC-PWCDF), and Propel Holding Inc (TSX-PRL, OTC- PRLPF). Propel Holding Inc (TSX-PRL, OTC- PRLPF) has been added to 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.
Three stocks (60%) are showing as cheap by historical median dividend yield. These stocks are Great-West Lifeco Inc (TSX-GWO, OTC-GWLIF), Manulife Financial Corp (TSX-MFC, NYSE-MFC), and Sun Life Financial (TSX-SLF, NYSE-SLF). There is no change from last month.
I follow 33 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 (18).
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 historical 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 historical 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 historical median dividend yield. It is Exco Technologies Ltd. (TSX-XTC, OTC-EXCOF). There is no change from last month.
I follow 18 Services stocks. One stock (6%) is showing as cheap by the historically high dividend yield. It is Canadian National Railway (TSX-CNR, NYSE-CNI.). There is no change from last month.
Six stock (33%) are showing as cheap by historical median dividend yield. They are Algoma Central Corporation (TSX-ALC, OTC-AGMJF), Canadian National Railway (TSX-CNR, NYSE-CNI), McCoy Global Inc (TSX-MCB, OTC-MCCRF), Pason Systems Inc (TSX-PSI, OTC-PSYTF), Transcontinental Inc (TSX-TCL.A, OTC-TCLAF), and Trican Well Service Ltd (TSX-TCW, OTC-TOLWF). Wajax Corp (TSX-WJX, OTC-WJXFF) has been removed from this list.
I follow 10 Material stocks. No stock (0%) is showing as cheap by the historically high dividend yield. There is no change from last month.
Two stock (20%) is showing as cheap by historical median dividend yield. They are Barrick Mining Corp (TSX-ABX, NYSE-B) and Stella-Jones (TSX-SJ, OTC-STLJF). Barrick Mining Corp (TSX-ABX, NYSE-B) has been added to this list.
I follow 9 Real Estate stocks. Artis Real REIT has been removed from this list. See Financials above. No stock (0%) is showing as cheap by historically high dividend yield. There is no change from last month.
Four stocks (44%) are showing as cheap by historical median dividend yield. They are Allied Properties REIT (TSX-AP.UN, OTC-APYRF), FirstService Corp (TSX-FSV, NASDAQ-FSV), Melcor Developments Inc. and (TSX-MRD, OTC-MODVF), and SmartCentres REIT (TSX-SRU.UN, OTC-CWYUF). Allied Properties REIT (TSX-AP.UN, OTC-APYRF) has been added to 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.
Four stocks (100%) are showing cheap by historical median dividend yield. These stocks are BCE (TSX-BCE, NYSE-BCE), Cogeco Communications Inc (TSX-CCA, OTC-CGEAF), Quebecor Inc (TSX-QBR.B, OTC-QBCRF) and Telus Corp (TSX-T, NYSE-TU). There is no change from last month.
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 historical 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.
One stocks (13%) is showing cheap by historical median dividend yield. It is are Enbridge Inc. (TSX-ENB, NYSE-ENB). TC Energy Corp (TSX-TRP, NYSE-TRP) 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.
Two stocks (25%) are showing as cheap by historical median dividend yield. Those stocks are ATCO Ltd (TSX-ACO.X, OTC-ACLLF), and Boralex Inc (TSX-BLX, OTC-BRLXF). Canadian Utilities Ltd (TSX-CU, OTC-CDUAF) has been removed from this list.
On my other blog I wrote yesterday about Choice Properties REIT (TSX-CHP.UN, OTC-PPRQF) ... learn more. Next, I will write about Canadian Tire Corp (TSX-CTC.A, OTC-CDNAF) ... learn more on Friday, March 13, 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.
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