If you are interested in Small Caps, you might want to check out Wolf on Substack.
On my other blog I wrote yesterday about Great-West Lifeco Inc (TSX-GWO, OTC-GWLIF) ... learn more. Next, I will write about Granite REIT (TSX-GRT.UN, NYSE-GRP.U) ... learn more on Friday, September 26, 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.
Follow me on twitter to see what stock I am reviewing.
My book reviews are at blog. In the left margin is the book I am currently reading.
Email address in Profile. See my website for stocks followed.
Thursday, September 25, 2025
Tuesday, September 23, 2025
Well Health Technologies Corp
WELL Health Technologies named “Best Idea” at TD Cowen. See the CanTech Letter at theirsite for more information on this stock. I follow this stock and recently bought it.
On my other blog I wrote yesterday about Wajax Corp (TSX-WJX, OTC-WJXFF) ... learn more. Next, I will write about Great-West Lifeco Inc (TSX-GWO, OTC-GWLIF) ... learn more on Wednesday, September 24, 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 Wajax Corp (TSX-WJX, OTC-WJXFF) ... learn more. Next, I will write about Great-West Lifeco Inc (TSX-GWO, OTC-GWLIF) ... learn more on Wednesday, September 24, 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, September 18, 2025
BCE Inc
I want to talking about stocks I have had for the long term. This is basically what I have been talking about. Buy good companies and keep them. The next one I want to talk about is BCE Inc. When I bought this stock, it was considered a widows and orphan stock, that is a very safe one. I doubt if that would still apply.
I bought this stock first October 5, 1982. I took advantage of their dividend reinvestment program and used my dividends and some extra cash (usually $100.00) to buy more shares most quarters. The problem with these programs at that time was keeping a record of what I was buying. I had done this with a few stocks, but I decided to get out of these programs in 1987.
This is one of most confusing stocks to analyze because of changes over the years. They spun off Nortel (2000) and Bell Aliant (2006). I cannot really figure out how much I have made on this stock since 1982. I bought the Quicken Program and I have recorded in this program this stock since 1987, I can figure out what I have made since 1987, but I also have to include Nortel and Bell Aliant in this calculation. I did not want to keep either so I sold them.
The problem with Nortel is that it was spun off during the 2000 bull market and was spun off at a very high price. I sold half of my Nortel at a very good price in 2000 ($84.60), but sold the rest at a low price of 2006 at $2.57 a share. At that price, it was almost back to my ACB for tax purposes.
I also made several purchases of BCE over the years. However, according to Quicken, I have made to the end of June 2025, a total return of 12.08% with 3.67% from capital gains and 8.41% from dividends. Over the years, with ups and downs in this company, I still have done quite well.
On my other blog I wrote yesterday about Telus Corp (TSX-T, NYSE-TU) ... learn more. Next, I will write about Trican Well Service Ltd (TSX-TCW, OTC-TOLWF) ... learn more on Friday, September 19, 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.
I bought this stock first October 5, 1982. I took advantage of their dividend reinvestment program and used my dividends and some extra cash (usually $100.00) to buy more shares most quarters. The problem with these programs at that time was keeping a record of what I was buying. I had done this with a few stocks, but I decided to get out of these programs in 1987.
This is one of most confusing stocks to analyze because of changes over the years. They spun off Nortel (2000) and Bell Aliant (2006). I cannot really figure out how much I have made on this stock since 1982. I bought the Quicken Program and I have recorded in this program this stock since 1987, I can figure out what I have made since 1987, but I also have to include Nortel and Bell Aliant in this calculation. I did not want to keep either so I sold them.
The problem with Nortel is that it was spun off during the 2000 bull market and was spun off at a very high price. I sold half of my Nortel at a very good price in 2000 ($84.60), but sold the rest at a low price of 2006 at $2.57 a share. At that price, it was almost back to my ACB for tax purposes.
I also made several purchases of BCE over the years. However, according to Quicken, I have made to the end of June 2025, a total return of 12.08% with 3.67% from capital gains and 8.41% from dividends. Over the years, with ups and downs in this company, I still have done quite well.
On my other blog I wrote yesterday about Telus Corp (TSX-T, NYSE-TU) ... learn more. Next, I will write about Trican Well Service Ltd (TSX-TCW, OTC-TOLWF) ... learn more on Friday, September 19, 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, September 16, 2025
RESP Rules
This is an interesting article on Money Sense about Registered Education Savings Plan (RESP) withdrawal Rules
On my other blog I wrote yesterday about Accord Financial Corp (TSX-ACD, OTC-ACCFF) ... learn more. Next, I will write about Telus Corp (TSX-T, NYSE-TU) ... learn more on Wednesday, September 17, 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 Accord Financial Corp (TSX-ACD, OTC-ACCFF) ... learn more. Next, I will write about Telus Corp (TSX-T, NYSE-TU) ... learn more on Wednesday, September 17, 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, September 11, 2025
McCoy Global
The Wolf of Oakville write an article on McCoy Global a stock that I have and that I follow.
On my other blog I wrote yesterday about SmartCentres REIT (TSX-SRU.UN, OTC-CWYUF) ... learn more. Next, I will write about Cargojet Inc (TSX-CJT, OTC-CGJTF) ... learn more on Friday, September 12, 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 SmartCentres REIT (TSX-SRU.UN, OTC-CWYUF) ... learn more. Next, I will write about Cargojet Inc (TSX-CJT, OTC-CGJTF) ... learn more on Friday, September 12, 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, September 9, 2025
Losing Your Job
There is a good article on Money Sense about what to do if you lose your job.
On my other blog I wrote yesterday about High Liner Foods (TSX-HLF, OTC-HLNFF) ... learn more. Next, I will write about SmartCentres REIT (TSX-SRU.UN, OTC-CWYUF) ... learn more on Wednesday, September 10, 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 High Liner Foods (TSX-HLF, OTC-HLNFF) ... learn more. Next, I will write about SmartCentres REIT (TSX-SRU.UN, OTC-CWYUF) ... learn more on Wednesday, September 10, 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, September 4, 2025
Something to Buy September 2025
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 September 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 19 stocks in the Consumer Discretionary category. This section is down one stock of Keg Royalties Income Fund (TSX-KEG.UN, OTC-KRIUF) because it has been acquired by Fairfax.
Two of these stocks (10%) are showing as cheap by the historically high dividend yield. They are Magna International Inc. (TSX-MG, NYSE-MGA, and Molson Coors Canada (TSX-TPX.B, NYSE-TAP). BRP Inc (TSX-DOO, NASDAQ-DOOO) has been removed from this list.
Nine (47%) 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), Goodfellow Inc (TSX-GDL, OTC-GFELF), 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), and Richelieu Hardware Ltd (TSX-RCH, OTC-RHUHF). There is no change from last month.
I follow 13 Consumer Staples stocks. No stocks (0%) are showing as cheap by the historically high dividend yield. Jamieson Wellness Inc (TSX-JWEL, OTC-JWLLF), and Saputo Inc. (TSX-SAP, OTC-SAPIF) have 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), Saputo Inc. (TSX-SAP, OTC-SAPIF) and Metro Inc (TSX-MRU, OTC-MTRAF). Metro Inc (TSX-MRU, OTC-MTRAF) has been added to this list.
I follow Six Health Care stocks. None of these stocks (0%) is showing as cheap by the historically high dividend yield. Medtronic PCL (NYSE-MDT) has been removed from this list.
Two stocks (33%) are cheap by the historical median dividend yield. The stocks are Johnson and Johnson (NYSE-JNJ), and 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 Five stocks (63%) 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), Ovintiv Inc (TSX-OVV, OTC-OVV), and Suncor Energy (TSX-SU, NYSE-SU). There is no change from last month.
I follow 27 Financial stocks under the categories of Banks (7), Financial Services (14), and Insurance (5). CI Financial (TSX-CIX, OTC-CIXXF) is being acquired by Mubadala Capital so Financial Services only has 14 stocks.
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.
Two stocks (29%) are showing as cheap by historical median dividend yield. They are Bank of Nova Scotia (TSX-BNS, NYSE-BNS), and Toronto Dominion Bank (TSX-TD, NYSE-TD). There is no change from last month.
I follow 14 Financial Service stocks. CI Financial (TSX-CIX, OTC-CIXXF) is being acquired by Mubadala Capital so Financial Services only has 14 stocks.
None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.
Six stocks (43%) 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), Goeasy Ltd (TSX-GSY, OTC-EHMEF), Guardian Capital Group (TSX-GCG.A, OTC-GCAAF), IGM Financial (TSX-IGM, OTC-IGIFF), and Power Corp (TSX-POW, OTC-PWCDF). Alaris Equity Partners Income Trust (TSX-AD.UN, OTC-ALARF), has been 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.
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 and 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.
One stock (14%) is showing as cheap by historical median dividend yield. It is Aecon Group Inc (TSX-ARE, OTC-AEGXF). 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.
One stock (33%) is showing as cheap by historical median dividend yield. It is Finning International Inc. (TSX-FTT, OTC-FINGF). 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. Eight 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.
Eight stock (44%) 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), Parkland Fuel Corp (TSX-PKI, OTC-PKIUF), Pason Systems Inc (TSX-PSI, OTC-PSYTF), Transcontinental Inc (TSX-TCL.A, OTC-TCLAF), Trican Well Service Ltd (TSX-TCW, OTC-TOLWF), and Wajax Corp (TSX-WJX, OTC-WJXFF). There is no change from last month.
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.
Three stock (30%) is showing as cheap by historical median dividend yield. Agnico Eagle Mines Ltd (TSX-AEM, NYSE-AEM), Barrick Mining Corp (TSX-ABX, NYSE-ABX), and Stella-Jones (TSX-SJ, OTC-STLJF). Adentra Inc (TSX-ADEN, OTC-HDIUF) has been removed from this list.
I follow 10 Real Estate stocks. No stock (0%) is showing as cheap by historically high dividend yield. There is no change from last month.
Five stocks (50%) are showing as cheap by historical median dividend yield. They are Allied Properties REIT (TSX-AP.UN, OTC-APYRF), Artis REIT (TSX-AX.UN, OTC-ARESF), Granite REIT (TSX-GRT.UN, NYSE-GRP.U), Melcor Developments Inc. and (TSX-MRD, OTC-MODVF), and SmartCentres REIT (TSX-SRU.UN, OTC-CWYUF). RIOCAN REIT (TSX-REI.UN, OTC-RIOCF) 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). Quebecor Inc (TSX-QBR.B, OTC-QBCRF) has been removed from this list.
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.
Two stocks (25%) are showing cheap by historical median dividend yield. They are Enbridge Inc. (TSX-ENB, NYSE-ENB), and TC Energy Corp (TSX-TRP, NYSE-TRP). 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 follow 8 of the Power Type utility companies. No stock (0%) is showing as cheap by historical high dividend yield. There is not change from last month.
Three stocks (38%) are showing as cheap by historical median dividend yield. Those stocks are ATCO Ltd (TSX-ACO.X, OTC-ACLLF), Boralex Inc (TSX-BLX, OTC-BRLXF), and Canadian Utilities Ltd (TSX-CU, OTC-CDUAF). There is no change from last month.
On my other blog I wrote yesterday about Capital Power Corp (TSX-CPX, OTC-CPRHF) ... learn more. Next, I will write about Boralex Inc (TSX-BLX, OTC-BRLXF) ... learn more on Friday, September 5, 2025 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 September 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 19 stocks in the Consumer Discretionary category. This section is down one stock of Keg Royalties Income Fund (TSX-KEG.UN, OTC-KRIUF) because it has been acquired by Fairfax.
Two of these stocks (10%) are showing as cheap by the historically high dividend yield. They are Magna International Inc. (TSX-MG, NYSE-MGA, and Molson Coors Canada (TSX-TPX.B, NYSE-TAP). BRP Inc (TSX-DOO, NASDAQ-DOOO) has been removed from this list.
Nine (47%) 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), Goodfellow Inc (TSX-GDL, OTC-GFELF), 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), and Richelieu Hardware Ltd (TSX-RCH, OTC-RHUHF). There is no change from last month.
I follow 13 Consumer Staples stocks. No stocks (0%) are showing as cheap by the historically high dividend yield. Jamieson Wellness Inc (TSX-JWEL, OTC-JWLLF), and Saputo Inc. (TSX-SAP, OTC-SAPIF) have 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), Saputo Inc. (TSX-SAP, OTC-SAPIF) and Metro Inc (TSX-MRU, OTC-MTRAF). Metro Inc (TSX-MRU, OTC-MTRAF) has been added to this list.
I follow Six Health Care stocks. None of these stocks (0%) is showing as cheap by the historically high dividend yield. Medtronic PCL (NYSE-MDT) has been removed from this list.
Two stocks (33%) are cheap by the historical median dividend yield. The stocks are Johnson and Johnson (NYSE-JNJ), and 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 Five stocks (63%) 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), Ovintiv Inc (TSX-OVV, OTC-OVV), and Suncor Energy (TSX-SU, NYSE-SU). There is no change from last month.
I follow 27 Financial stocks under the categories of Banks (7), Financial Services (14), and Insurance (5). CI Financial (TSX-CIX, OTC-CIXXF) is being acquired by Mubadala Capital so Financial Services only has 14 stocks.
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.
Two stocks (29%) are showing as cheap by historical median dividend yield. They are Bank of Nova Scotia (TSX-BNS, NYSE-BNS), and Toronto Dominion Bank (TSX-TD, NYSE-TD). There is no change from last month.
I follow 14 Financial Service stocks. CI Financial (TSX-CIX, OTC-CIXXF) is being acquired by Mubadala Capital so Financial Services only has 14 stocks.
None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.
Six stocks (43%) 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), Goeasy Ltd (TSX-GSY, OTC-EHMEF), Guardian Capital Group (TSX-GCG.A, OTC-GCAAF), IGM Financial (TSX-IGM, OTC-IGIFF), and Power Corp (TSX-POW, OTC-PWCDF). Alaris Equity Partners Income Trust (TSX-AD.UN, OTC-ALARF), has been 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.
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 and 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.
One stock (14%) is showing as cheap by historical median dividend yield. It is Aecon Group Inc (TSX-ARE, OTC-AEGXF). 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.
One stock (33%) is showing as cheap by historical median dividend yield. It is Finning International Inc. (TSX-FTT, OTC-FINGF). 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. Eight 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.
Eight stock (44%) 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), Parkland Fuel Corp (TSX-PKI, OTC-PKIUF), Pason Systems Inc (TSX-PSI, OTC-PSYTF), Transcontinental Inc (TSX-TCL.A, OTC-TCLAF), Trican Well Service Ltd (TSX-TCW, OTC-TOLWF), and Wajax Corp (TSX-WJX, OTC-WJXFF). There is no change from last month.
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.
Three stock (30%) is showing as cheap by historical median dividend yield. Agnico Eagle Mines Ltd (TSX-AEM, NYSE-AEM), Barrick Mining Corp (TSX-ABX, NYSE-ABX), and Stella-Jones (TSX-SJ, OTC-STLJF). Adentra Inc (TSX-ADEN, OTC-HDIUF) has been removed from this list.
I follow 10 Real Estate stocks. No stock (0%) is showing as cheap by historically high dividend yield. There is no change from last month.
Five stocks (50%) are showing as cheap by historical median dividend yield. They are Allied Properties REIT (TSX-AP.UN, OTC-APYRF), Artis REIT (TSX-AX.UN, OTC-ARESF), Granite REIT (TSX-GRT.UN, NYSE-GRP.U), Melcor Developments Inc. and (TSX-MRD, OTC-MODVF), and SmartCentres REIT (TSX-SRU.UN, OTC-CWYUF). RIOCAN REIT (TSX-REI.UN, OTC-RIOCF) 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). Quebecor Inc (TSX-QBR.B, OTC-QBCRF) has been removed from this list.
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.
Two stocks (25%) are showing cheap by historical median dividend yield. They are Enbridge Inc. (TSX-ENB, NYSE-ENB), and TC Energy Corp (TSX-TRP, NYSE-TRP). 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 follow 8 of the Power Type utility companies. No stock (0%) is showing as cheap by historical high dividend yield. There is not change from last month.
Three stocks (38%) are showing as cheap by historical median dividend yield. Those stocks are ATCO Ltd (TSX-ACO.X, OTC-ACLLF), Boralex Inc (TSX-BLX, OTC-BRLXF), and Canadian Utilities Ltd (TSX-CU, OTC-CDUAF). There is no change from last month.
On my other blog I wrote yesterday about Capital Power Corp (TSX-CPX, OTC-CPRHF) ... learn more. Next, I will write about Boralex Inc (TSX-BLX, OTC-BRLXF) ... learn more on Friday, September 5, 2025 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.
Tuesday, September 2, 2025
Dividend Stocks September 2025
First, 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 September 2025. On this list,
Barrick Mining Corp (TSX-ABX, NYSE-B)
Jamieson Wellness Inc (TSX-JWEL, OTC-JWLLF)
Leon's Furniture (TSX-LNF, OTC-LEFUF)
Melcor Developments Inc (TSX-MRD, OTC-MODVF)
Propel Holding Inc (TSX-PRL, OTC-PRLPF)
RB Global Inc (TSX-RBA, NYSE-RBA)
Saputo Inc (TSX-SAP, OTC-SAPIF)
TMX Group Ltd (TSX-X, OTC-TMXXF)
Of the stocks I follow, 1 stock has cut their dividends.
Computer Modelling Group Ltd (TSX-CMG, OTC-CMDXF)
Of the stocks I follow, 0 stock have suspended or terminated their dividend.
CI Financial (TSX-CIX, OTC-CIXXF) is being acquired by Mubadala Capital. See the announcement. I am removing it from my list.
Guardian Capital Group (TSX-GCG.A, OTC-GCAAF) increased in price as Desjardins is acquiring this stock. See the announcement.
Keg Royalties Income Fund (TSX-KEG.UN, OTC-KRIUF) has been acquired by Fairfax. See the announcement. I am removing it from my list.
Loblaw Companies (TSX-L, OTC-LBLCF) has done a 1 to 4 split. See the announcement.
Of the stocks I follow, the following declined the most in their stock price. Of the stocks I follow, 31.58% had declining stock prices. Last month 50.00% 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, 68.42% had increasing stock price. And, 0.00% or 0 stock had the same stock price as last month. Last month 50.00% of the stocks had increasing prices with 0.00% or 0 stocks of the stocks with the same price.
Most of my stocks started out as Dividend Payers. Currently 14 stocks are not paying any dividends and this would be some 9.21% of the stocks that I follow. Four of these stocks never had dividends, so 6.58% 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 ATCO Ltd (TSX-ACO.X, OTC-ACLLF) ... learn more. Next, I will write about Capital Power Corp (TSX-CPX, OTC-CPRHF) ... learn more on Wednesday, September 03, 2025 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 September 2025. On this list,
- I have 8 stocks with a dividend yield higher than the historical high dividend yield,
- I have 67 stocks with a dividend yield higher than the historical median dividend yield
- I have 5 stocks with a dividend yield higher than the 10 year high dividend yield and
- I have 70 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 69 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 73 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.
Barrick Mining Corp (TSX-ABX, NYSE-B)
Jamieson Wellness Inc (TSX-JWEL, OTC-JWLLF)
Leon's Furniture (TSX-LNF, OTC-LEFUF)
Melcor Developments Inc (TSX-MRD, OTC-MODVF)
Propel Holding Inc (TSX-PRL, OTC-PRLPF)
RB Global Inc (TSX-RBA, NYSE-RBA)
Saputo Inc (TSX-SAP, OTC-SAPIF)
TMX Group Ltd (TSX-X, OTC-TMXXF)
Of the stocks I follow, 1 stock has cut their dividends.
Computer Modelling Group Ltd (TSX-CMG, OTC-CMDXF)
Of the stocks I follow, 0 stock have suspended or terminated their dividend.
CI Financial (TSX-CIX, OTC-CIXXF) is being acquired by Mubadala Capital. See the announcement. I am removing it from my list.
Guardian Capital Group (TSX-GCG.A, OTC-GCAAF) increased in price as Desjardins is acquiring this stock. See the announcement.
Keg Royalties Income Fund (TSX-KEG.UN, OTC-KRIUF) has been acquired by Fairfax. See the announcement. I am removing it from my list.
Loblaw Companies (TSX-L, OTC-LBLCF) has done a 1 to 4 split. See the announcement.
Of the stocks I follow, the following declined the most in their stock price. Of the stocks I follow, 31.58% had declining stock prices. Last month 50.00% of the stock had declining prices. The following chart shows the top 10 decliners.
| Name | Exch | Sym | Exch | Sym | Chge SP |
|---|---|---|---|---|---|
| Bird Construction Inc | TSX | BDT | OTC | BIRDF | -19.57% |
| Dorel Industries | TSX | DII.B | OTC | DIIBF | -19.33% |
| Computer Modelling | TSX | CMG | OTC | CMDXF | -18.90% |
| Quarterhall Inc | TSX | QTRH | OTCQX | QTRHF | -18.18% |
| Sylogist Ltd | TSXV | SYZ | OTC | SYZLF | -13.44% |
| Thomson Reuters Corp | TSX | TRI | NASDAQ | TRI | -12.09% |
| EQB Inc | TSX | EQB | OTC | EQGPF | -12.06% |
| Stingray Digital Group | TSX | RAY.A | OTC | STGYF | -9.56% |
| Power Corp | TSX | POW | OTC | PWCDF | -8.63% |
| McCoy Global Inc | TSX | MCB | OTC | MCCRF | -7.26% |
Of the stock that I follow, these stocks gained the most in their stock price. Of the stock I follow, 68.42% had increasing stock price. And, 0.00% or 0 stock had the same stock price as last month. Last month 50.00% of the stocks had increasing prices with 0.00% or 0 stocks of the stocks with the same price.
| Name | Exch | Sym | Exch | Sym | Chge SP |
|---|---|---|---|---|---|
| Agnico Eagle Mines Ltd | TSX | AEM | NYSE | AEM | 14.63% |
| BCE Inc | TSX | BCE | NYSE | BCE | 16.29% |
| Chemtrade Logistics Inc. | TSX | CHE.UN | OTC | CGIFF | 16.62% |
| Adentra Inc | TSX | ADEN | OTC | HDIUF | 16.75% |
| Goeasy Ltd | TSX | GSY | OTC | EHMEF | 17.50% |
| Saputo Inc | TSX | SAP | OTC | SAPIF | 20.42% |
| Barrick Mining Corp | TSX | ABX | NYSE | B | 24.30% |
| Maple Leaf Foods Inc | TSX | MFI | OTC | MLFNF | 24.85% |
| BRP Inc | TSX | DOO | NASDAQ | DOOO | 26.99% |
| Guardian Capital Group | TSX | GCG.A | OTC | GCAAF | 65.59% |
Most of my stocks started out as Dividend Payers. Currently 14 stocks are not paying any dividends and this would be some 9.21% of the stocks that I follow. Four of these stocks never had dividends, so 6.58% 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 ATCO Ltd (TSX-ACO.X, OTC-ACLLF) ... learn more. Next, I will write about Capital Power Corp (TSX-CPX, OTC-CPRHF) ... learn more on Wednesday, September 03, 2025 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, August 28, 2025
Flow State vs. Cash Flow
This is an interesting article on Money Sense about money and well-being.
On my other blog I wrote yesterday about Alimentation Couche-Tard Inc (TSX-ATD, OTC-ANCUF) ... learn more. Next, I will write about Exchange Income Corp (TSX-EIF, OTC-EIFZF) ... learn more on Friday, August 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.
On my other blog I wrote yesterday about Alimentation Couche-Tard Inc (TSX-ATD, OTC-ANCUF) ... learn more. Next, I will write about Exchange Income Corp (TSX-EIF, OTC-EIFZF) ... learn more on Friday, August 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.
Tuesday, August 26, 2025
Sun Life Interview
See an interview with Sun Life CEO Kevin Strain on In the Money with Amber Kanwar.
Sun Life may be known for insurance—but under CEO Kevin Strain, it's become a $1.5 trillion force in global asset management. In this episode of In the Money with Amber Kanwar, we sit down with Strain to uncover how this 160-year-old Canadian company has transformed into the country’s largest asset manager, now rivaling industry titans like Brookfield.
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.
Sun Life may be known for insurance—but under CEO Kevin Strain, it's become a $1.5 trillion force in global asset management. In this episode of In the Money with Amber Kanwar, we sit down with Strain to uncover how this 160-year-old Canadian company has transformed into the country’s largest asset manager, now rivaling industry titans like Brookfield.
- Why Sun Life Isn't Just an Insurance Company Anymore
- Started in Montreal in 1865; went global almost immediately to U.S., Asia, and UK over 130 years ago.
- Historical nugget: Early CEOs took three-month ship voyages to oversee operations along Commonwealth shipping routes (e.g., Singapore, Hong Kong, India).
- Compelling Quote: "If we're doing it 130 years ago, why can't we do it today? We have all this technology that makes it doable. We have all these resources. We have these great people. Can we get out and do more?"
- Operates in 28 countries today; major pivot in last decade toward asset management.
- Built capabilities in public equities, private credit, infrastructure, and real estate; now Canada's largest asset manager.
- Key Insight: Insurers as "original asset managers" holding long-term investments; now extending to third-party investors, creating a "flywheel" of integrated insurance and wealth services.
- Asia: The Growth Engine Powering Sun Life's Future
- Asia is the fastest-growing insurance market globally; Sun Life has deep roots (nearly 130 years in Hong Kong and Philippines).
- When Kevin took over Asia in 2012, earnings stagnant at $100 million annually.
- Focused on "playing to win": Hired top talent, built full distribution channels (agency, bancassurance, brokers, digital).
- Earnings skyrocketed to $200 million per quarter; now a top-five player across eight core markets (Indonesia, Vietnam, Malaysia, India, Singapore, China).
- Compelling Story: Predecessor Dean's advice: "It feels like we're playing not to lose instead of playing to win. And our job is to play to win there."
- On tariffs and U.S. onshoring: Short-term volatility, but Asia's resilience with 4 billion people and intra-regional trade; no trimmed growth prospects.
- Navigating Challenges: Outflows, Real Estate, and U.S. Health Costs
- On MFS ($650B+ arm) facing outflows amid shift to AI stocks and ETFs:
- Honest Take: "If you told me I'd have a 'problem child' that makes close to a billion dollars a year... I'd accept that."
- Attributes to market cycles ($6T U.S. cash on sidelines, MAG7 dominance); diversification helps—SLC (private assets) seeing inflows.
- Expansions into active ETFs and private fixed income.
- In real estate: Amid U.S. commercial pressures, maintains 7.5% long-term return expectation.
- Diversified portfolio (e.g., cold storage, multi-residential thriving); early pivots from retail and office.
- Focus on trends like data centers; not all real estate equal.
- U.S. health: Medical costs rising globally (hospitalizations, new drugs); exposure mostly repricable annually (group benefits, dental, stop-loss).
- Acquisition of Pinnacle Care optimizes care, reduces costs, improves outcomes.
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, August 21, 2025
Canadian Dividend Stocks to Buy
The Motley Fool Canada has a short video on YouTube about 2 Top Canadian Dividend Stocks to Buy Right Now. He likes the Payout Ratio using Free Cash Flow. The problem I have with Free Cash Flow is that there is little agreement on what the FCF is.
On my other blog I wrote yesterday about GFL Environmental Inc (TSX-GFL, NYSE-GFL) ... learn more. Next, I will write about Aecon Group Inc (TSX-ARE, OTC-AEGXF) ... learn more on Friday, August 22, 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 GFL Environmental Inc (TSX-GFL, NYSE-GFL) ... learn more. Next, I will write about Aecon Group Inc (TSX-ARE, OTC-AEGXF) ... learn more on Friday, August 22, 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, August 19, 2025
Automakers and Subscriptions
There is an interesting article on Money Sense about Automakers wanting their customers to buy Subscriptions.
On my other blog I wrote yesterday about Badger Infrastructure Solutions Ltd (TSX-BDGI, OTC-BADFF) ... learn more. Next, I will write about GFL Environmental Inc (TSX-GFL, NYSE-GFL) ... learn more on Wednesday, August 20, 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 Badger Infrastructure Solutions Ltd (TSX-BDGI, OTC-BADFF) ... learn more. Next, I will write about GFL Environmental Inc (TSX-GFL, NYSE-GFL) ... learn more on Wednesday, August 20, 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, August 14, 2025
Compounding Quality
This is a very interesting article on Compounding Quality from Substack.
On my other blog I wrote yesterday about Evertz Technologies Ltd (TSX-ET, OTC-EVTZF) ... learn more. Next, I will write about Superior Plus Corp (TSX-SPB, OTC-SUUIF) ... learn more on Friday, August 15, 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 Evertz Technologies Ltd (TSX-ET, OTC-EVTZF) ... learn more. Next, I will write about Superior Plus Corp (TSX-SPB, OTC-SUUIF) ... learn more on Friday, August 15, 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, August 12, 2025
George Friedman on Russia
In this short video, George Friedman talks about Russia, Trump and Peace.
On my other blog I wrote yesterday about Andrew Peller Ltd (TSX-ADW.A, OTC-ADWPF) ... learn more. Next, I will write about Evertz Technologies Ltd (TSX-ET, OTC-EVTZF) ... learn more on Wednesday, August 13, 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 Andrew Peller Ltd (TSX-ADW.A, OTC-ADWPF) ... learn more. Next, I will write about Evertz Technologies Ltd (TSX-ET, OTC-EVTZF) ... learn more on Wednesday, August 13, 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, August 7, 2025
Something to Buy August 2025
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 August 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. Three of these stocks (10%) are showing as cheap by the historically high dividend yield. They are BRP Inc (TSX-DOO, NASDAQ-DOOO), Magna International Inc. (TSX-MG, NYSE-MGA, and Molson Coors Canada (TSX-TPX.B, NYSE-TAP). 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), Goodfellow Inc (TSX-GDL, OTC-GFELF), 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), and Richelieu Hardware Ltd (TSX-RCH, OTC-RHUHF). There is no change from last month.
I follow 13 Consumer Staples stocks. No stocks (0%) are showing as cheap by the historically high dividend yield. Jamieson Wellness Inc (TSX-JWEL, OTC-JWLLF), and Saputo Inc. (TSX-SAP, OTC-SAPIF) have been removed from this list.
Eight stocks (62%) 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), and Saputo Inc. (TSX-SAP, OTC-SAPIF). There is no change from last month.
I follow Six Health Care stocks. Well Health Technologies Corp (TSX-WELL, OTCQX-WHTCF) has been added to this list. One of these stocks (17%) is showing as cheap by the historically high dividend yield. It is Medtronic PCL (NYSE-MDT). There is no change from last month.
Two stocks (33%) are cheap by the historical median dividend yield. The stocks are Johnson and Johnson (NYSE-JNJ), and 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. Canadian Natural Resources (TSX-CNQ, NYSE-CNQ), and Cenovus Energy Inc (TSX-CVE, NYSE-CVE) have been removed from this list. T
here are Five stocks (63%) 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), Ovintiv Inc (TSX-OVV, OTC-OVV), and Suncor Energy (TSX-SU, NYSE-SU). There is no change from last month.
I follow 27 Financial stocks under the categories of Banks (7), Financial Services (15), 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.
Two stocks (29%) are showing as cheap by historical median dividend yield. They are Bank of Nova Scotia (TSX-BNS, NYSE-BNS), and Toronto Dominion Bank (TSX-TD, NYSE-TD). There is no change from last month.
I follow 15 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 (47%) are showing as cheap by the historical median dividend yield. These stocks are Alaris Equity Partners Income Trust (TSX-AD.UN, OTC-ALARF), Atrium Mortgage Investment Corp (TSX-AI, OTC-AMIVF), EQB Inc (TSX-EQB, OTC-EQGPF), Goeasy Ltd (TSX-GSY, OTC-EHMEF), Guardian Capital Group (TSX-GCG.A, OTC-GCAAF), IGM Financial (TSX-IGM, OTC-IGIFF), and Power Corp (TSX-POW, OTC-PWCDF). Alaris Equity Partners Income Trust (TSX-AD.UN, OTC-ALARF), has been added back 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 and 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.
One stock (14%) is showing as cheap by historical median dividend yield. It is Aecon Group Inc (TSX-ARE, OTC-AEGXF). Toromont Industries Ltd (TSX-TIH, OTC-TMTNF) had been removed from this list.
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.
One stock (33%) is showing as cheap by historical median dividend yield. It is Finning International Inc. (TSX-FTT, OTC-FINGF). 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.
Eight stock (44%) 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), Parkland Fuel Corp (TSX-PKI, OTC-PKIUF), Pason Systems Inc (TSX-PSI, OTC-PSYTF), Transcontinental Inc (TSX-TCL.A, OTC-TCLAF), Trican Well Service Ltd (TSX-TCW, OTC-TOLWF), and Wajax Corp (TSX-WJX, OTC-WJXFF). There is no change from last month.
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.
Four stock (40%) is showing as cheap by historical median dividend yield. They are Adentra Inc (TSX-ADEN, OTC-HDIUF), Agnico Eagle Mines Ltd (TSX-AEM, NYSE-AEM), Barrick Mining Corp (TSX-ABX, NYSE-ABX), and Stella-Jones (TSX-SJ, OTC-STLJF). There is no change from last month.
I follow 10 Real Estate stocks. No stock (0%) is showing as cheap by historically high dividend yield. There is no change from last month.
Six stocks (60%) are showing as cheap by historical median dividend yield. They are Allied Properties REIT (TSX-AP.UN, OTC-APYRF), Artis REIT (TSX-AX.UN, OTC-ARESF), Granite REIT (TSX-GRT.UN, NYSE-GRP.U), Melcor Developments Inc. and (TSX-MRD, OTC-MODVF), RIOCAN REIT (TSX-REI.UN, OTC-RIOCF) and SmartCentres REIT (TSX-SRU.UN, OTC-CWYUF). There is no change from last month.
I follow 4 of the Telecom Service stocks. Three of the stocks (75%) are showing as cheap by historically high dividend yield. They are Cogeco Communications Inc (TSX-CCA, OTC-CGEAF), Quebecor Inc (TSX-QBR.B, OTC-QBCRF) and Telus Corp (TSX-T, NYSE-TU). Quebecor Inc (TSX-QBR.B, OTC-QBCRF) has been added back to this list.
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). Sylogist Ltd (TSXV-SYZ, OTC-SYZLF) has been removed from this list.
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.
Two stocks (25%) are showing cheap by historical median dividend yield. They are Enbridge Inc. (TSX-ENB, NYSE-ENB), and TC Energy Corp (TSX-TRP, NYSE-TRP). 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 follow 8 of the Power Type utility companies. Innergex Renewable Energy (TSX-INE, OTC-INGXF) has been removed from this list as it was bought out. No stock (0%) is showing as cheap by historical high dividend yield.
Three stocks (38%) are showing as cheap by historical median dividend yield. Those stocks are ATCO Ltd (TSX-ACO.X, OTC-ACLLF), Boralex Inc (TSX-BLX, OTC-BRLXF), and Canadian Utilities Ltd (TSX-CU, OTC-CDUAF). Fortis Inc (TSX-FTS, OTC-FRTSF) and Algonquin Power & Utilities Corp (TSX-AQN, NYSE-AQN) have been removed from this list. ATCO Ltd (TSX-ACO.X, OTC-ACLLF) has been added to this list.
On my other blog I wrote yesterday about Well Health Technologies Corp (TSX-WELL, OTCQX-WHTCF) ... learn more. Next, I will write about BlackBerry Ltd (TSX-BB, NYSE-BB) ... learn more on Friday, August 8, 2025 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 August 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. Three of these stocks (10%) are showing as cheap by the historically high dividend yield. They are BRP Inc (TSX-DOO, NASDAQ-DOOO), Magna International Inc. (TSX-MG, NYSE-MGA, and Molson Coors Canada (TSX-TPX.B, NYSE-TAP). 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), Goodfellow Inc (TSX-GDL, OTC-GFELF), 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), and Richelieu Hardware Ltd (TSX-RCH, OTC-RHUHF). There is no change from last month.
I follow 13 Consumer Staples stocks. No stocks (0%) are showing as cheap by the historically high dividend yield. Jamieson Wellness Inc (TSX-JWEL, OTC-JWLLF), and Saputo Inc. (TSX-SAP, OTC-SAPIF) have been removed from this list.
Eight stocks (62%) 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), and Saputo Inc. (TSX-SAP, OTC-SAPIF). There is no change from last month.
I follow Six Health Care stocks. Well Health Technologies Corp (TSX-WELL, OTCQX-WHTCF) has been added to this list. One of these stocks (17%) is showing as cheap by the historically high dividend yield. It is Medtronic PCL (NYSE-MDT). There is no change from last month.
Two stocks (33%) are cheap by the historical median dividend yield. The stocks are Johnson and Johnson (NYSE-JNJ), and 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. Canadian Natural Resources (TSX-CNQ, NYSE-CNQ), and Cenovus Energy Inc (TSX-CVE, NYSE-CVE) have been removed from this list. T
here are Five stocks (63%) 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), Ovintiv Inc (TSX-OVV, OTC-OVV), and Suncor Energy (TSX-SU, NYSE-SU). There is no change from last month.
I follow 27 Financial stocks under the categories of Banks (7), Financial Services (15), 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.
Two stocks (29%) are showing as cheap by historical median dividend yield. They are Bank of Nova Scotia (TSX-BNS, NYSE-BNS), and Toronto Dominion Bank (TSX-TD, NYSE-TD). There is no change from last month.
I follow 15 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 (47%) are showing as cheap by the historical median dividend yield. These stocks are Alaris Equity Partners Income Trust (TSX-AD.UN, OTC-ALARF), Atrium Mortgage Investment Corp (TSX-AI, OTC-AMIVF), EQB Inc (TSX-EQB, OTC-EQGPF), Goeasy Ltd (TSX-GSY, OTC-EHMEF), Guardian Capital Group (TSX-GCG.A, OTC-GCAAF), IGM Financial (TSX-IGM, OTC-IGIFF), and Power Corp (TSX-POW, OTC-PWCDF). Alaris Equity Partners Income Trust (TSX-AD.UN, OTC-ALARF), has been added back 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 and 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.
One stock (14%) is showing as cheap by historical median dividend yield. It is Aecon Group Inc (TSX-ARE, OTC-AEGXF). Toromont Industries Ltd (TSX-TIH, OTC-TMTNF) had been removed from this list.
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.
One stock (33%) is showing as cheap by historical median dividend yield. It is Finning International Inc. (TSX-FTT, OTC-FINGF). 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.
Eight stock (44%) 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), Parkland Fuel Corp (TSX-PKI, OTC-PKIUF), Pason Systems Inc (TSX-PSI, OTC-PSYTF), Transcontinental Inc (TSX-TCL.A, OTC-TCLAF), Trican Well Service Ltd (TSX-TCW, OTC-TOLWF), and Wajax Corp (TSX-WJX, OTC-WJXFF). There is no change from last month.
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.
Four stock (40%) is showing as cheap by historical median dividend yield. They are Adentra Inc (TSX-ADEN, OTC-HDIUF), Agnico Eagle Mines Ltd (TSX-AEM, NYSE-AEM), Barrick Mining Corp (TSX-ABX, NYSE-ABX), and Stella-Jones (TSX-SJ, OTC-STLJF). There is no change from last month.
I follow 10 Real Estate stocks. No stock (0%) is showing as cheap by historically high dividend yield. There is no change from last month.
Six stocks (60%) are showing as cheap by historical median dividend yield. They are Allied Properties REIT (TSX-AP.UN, OTC-APYRF), Artis REIT (TSX-AX.UN, OTC-ARESF), Granite REIT (TSX-GRT.UN, NYSE-GRP.U), Melcor Developments Inc. and (TSX-MRD, OTC-MODVF), RIOCAN REIT (TSX-REI.UN, OTC-RIOCF) and SmartCentres REIT (TSX-SRU.UN, OTC-CWYUF). There is no change from last month.
I follow 4 of the Telecom Service stocks. Three of the stocks (75%) are showing as cheap by historically high dividend yield. They are Cogeco Communications Inc (TSX-CCA, OTC-CGEAF), Quebecor Inc (TSX-QBR.B, OTC-QBCRF) and Telus Corp (TSX-T, NYSE-TU). Quebecor Inc (TSX-QBR.B, OTC-QBCRF) has been added back to this list.
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). Sylogist Ltd (TSXV-SYZ, OTC-SYZLF) has been removed from this list.
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.
Two stocks (25%) are showing cheap by historical median dividend yield. They are Enbridge Inc. (TSX-ENB, NYSE-ENB), and TC Energy Corp (TSX-TRP, NYSE-TRP). 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 follow 8 of the Power Type utility companies. Innergex Renewable Energy (TSX-INE, OTC-INGXF) has been removed from this list as it was bought out. No stock (0%) is showing as cheap by historical high dividend yield.
Three stocks (38%) are showing as cheap by historical median dividend yield. Those stocks are ATCO Ltd (TSX-ACO.X, OTC-ACLLF), Boralex Inc (TSX-BLX, OTC-BRLXF), and Canadian Utilities Ltd (TSX-CU, OTC-CDUAF). Fortis Inc (TSX-FTS, OTC-FRTSF) and Algonquin Power & Utilities Corp (TSX-AQN, NYSE-AQN) have been removed from this list. ATCO Ltd (TSX-ACO.X, OTC-ACLLF) has been added to this list.
On my other blog I wrote yesterday about Well Health Technologies Corp (TSX-WELL, OTCQX-WHTCF) ... learn more. Next, I will write about BlackBerry Ltd (TSX-BB, NYSE-BB) ... learn more on Friday, August 8, 2025 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.
Tuesday, August 5, 2025
Dividend Stocks August 2025
First, 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 August 2025. On this list,
Capital Power Corp (TSX-CPX, OTC-CPRHF)
Of the stocks I follow, 0 stock has cut their dividends.
Of the stocks I follow, 0 stock have suspended or terminated their dividend.
Innergex Renewable Energy (TSX-INE, OTC-INGXF), a company I have been following was bought by La Caisse. See the announcement. I have deleted this stock from my list of stocks.
For Sylogist Ltd (TSXV-SYZ, OTC-SYZLF) I had the dividend payment as $0.40 but it should have been $0.04. The change to the lower dividend was made in 2023.
I have added a new stock of Well Health Technologies Corp (TSX-WELL, OTCQX-WHTCF) to my list. I will talk about this shortly. It has been added to my TFSA account. I am using fooling around money to buy this stock. It is a Health Care stock.
Of the stocks I follow, the following declined the most in their stock price. Of the stocks I follow, 50.00% had declining stock prices. Last month 28.57% 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, 50.00% had increasing stock price. And, 0.00% or 0 stock had the same stock price as last month. Last month 70.78% 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 8.44% of the stocks that I follow. Four of these stocks never had dividends, so 5.84% 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 Stingray Digital Group Inc (TSX-RAY.A, OTC-STGYF) ... learn more. Next, I will write about Well Health Technologies Corp (TSX-WELL, OTCQX-WHTCF) ... learn more on Wednesday, August 6, 2025 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 August 2025. On this list,
- I have 10 stocks with a dividend yield higher than the historical high dividend yield,
- I have 69 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 73 stocks with a dividend yield higher than the 10 year average dividend yield.
- I have 9 stocks with a dividend yield higher than the historical high dividend yield,
- I have 70 stocks with a dividend yield higher than the historical median dividend yield
- I have 7 stocks with a dividend yield higher than the 10 year high dividend yield and
- I have 74 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.
Capital Power Corp (TSX-CPX, OTC-CPRHF)
Of the stocks I follow, 0 stock has cut their dividends.
Of the stocks I follow, 0 stock have suspended or terminated their dividend.
Innergex Renewable Energy (TSX-INE, OTC-INGXF), a company I have been following was bought by La Caisse. See the announcement. I have deleted this stock from my list of stocks.
For Sylogist Ltd (TSXV-SYZ, OTC-SYZLF) I had the dividend payment as $0.40 but it should have been $0.04. The change to the lower dividend was made in 2023.
I have added a new stock of Well Health Technologies Corp (TSX-WELL, OTCQX-WHTCF) to my list. I will talk about this shortly. It has been added to my TFSA account. I am using fooling around money to buy this stock. It is a Health Care stock.
Of the stocks I follow, the following declined the most in their stock price. Of the stocks I follow, 50.00% had declining stock prices. Last month 28.57% of the stock had declining prices. The following chart shows the top 10 decliners.
| Name | Exch | Sym | Exch | Sym | Chge SP |
|---|---|---|---|---|---|
| Trigon Metals Inc. | TSXV | TM | OTC | PNTZF | -30.00% |
| Teck Resources Ltd | TSX | TECK.B | NYSE | TECK | -22.13% |
| McCoy Global Inc | TSX | MCB | OTC | MCCRF | -19.00% |
| Blackberry Ltd. (RIM) | TSX | BB | NYSE | BB | -14.80% |
| Superior Plus Corp | TSX | SPB | OTC | SUUIF | -14.50% |
| Cogeco Communications | TSX | CCA | OTC | CGEAF | -14.04% |
| Canadian National R. | TSX | CNR | NYSE | CNI | -11.16% |
| Cargojet Inc | TSX | CJT | OTC | CGJTF | -10.69% |
| Intact Financial Corp | TSX | IFC | OTC | IFCZF | -9.25% |
| Mullen Group | TSX | MTL | OTC | MLLGF | -9.24% |
Of the stock that I follow, these stocks gained the most in their stock price. Of the stock I follow, 50.00% had increasing stock price. And, 0.00% or 0 stock had the same stock price as last month. Last month 70.78% 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 |
|---|---|---|---|---|---|
| AltaGas Ltd | TSX | ALA | OTC | ATGFF | 7.44% |
| Supremex Inc | TSX | SXP | OTC | SUMXF | 7.79% |
| Well Health Technologies | TSX | WELL | OTCQX | WHTCF | 8.94% |
| Bombardier Inc. | TSX | BBD.B | OTC | BDRBF | 9.43% |
| Sylogist Ltd | TSXV | SYZ | OTC | SYZLF | 9.54% |
| Pulse Seismic Inc. | TSX | PSD | OTC | PLSDF | 11.20% |
| FirstService Corp | TSX | FSV | NASDAQ | FSV | 11.56% |
| Toromont Industries Ltd | TSX | TIH | OTC | TMTNF | 12.72% |
| First National Financial | TSX | FN | OTC | FNLIF | 14.93% |
| TransAlta Corp | TSX | TA | NYSE | TAC | 17.79% |
Most of my stocks started out as Dividend Payers. Currently 13 stocks are not paying any dividends and this would be some 8.44% of the stocks that I follow. Four of these stocks never had dividends, so 5.84% 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 Stingray Digital Group Inc (TSX-RAY.A, OTC-STGYF) ... learn more. Next, I will write about Well Health Technologies Corp (TSX-WELL, OTCQX-WHTCF) ... learn more on Wednesday, August 6, 2025 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, July 31, 2025
Canadians Buying Boring Businesses
This is a very interesting article on Money Sense about young Canadians buying boring business.
On my other blog I wrote yesterday about Ballard Power Systems Inc (TSX-BLDP, NASDAQ-BLDP) ... learn more. Next, I will write about Loblaw Companies Ltd (TSX-L, OTC-LBLCF) ... learn more on Friday, August 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 Ballard Power Systems Inc (TSX-BLDP, NASDAQ-BLDP) ... learn more. Next, I will write about Loblaw Companies Ltd (TSX-L, OTC-LBLCF) ... learn more on Friday, August 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, July 29, 2025
Social Media Scams
On Money Sense on YouTube there is a video on Social Median Scams.
On my other blog I wrote yesterday about Savaria Corporation (TSX-SIS, OTC-SISXF) ... learn more. Next, I will write about Ballard Power Systems Inc (TSX-BLDP, NASDAQ-BLDP) ... learn more on Wednesday, July 30, 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 Savaria Corporation (TSX-SIS, OTC-SISXF) ... learn more. Next, I will write about Ballard Power Systems Inc (TSX-BLDP, NASDAQ-BLDP) ... learn more on Wednesday, July 30, 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, July 24, 2025
Travel Insurance
Money Sense published an article published by The Canadian Press on Travel Health Insurance.
On my other blog I wrote yesterday about Pulse Seismic Inc (TSX-PSD, OTC-PLSDF) ... learn more. Next, I will write about TECSYS Inc (TSX-TCS, OTC-TCYSF) ... learn more on Friday, July 25, 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 Pulse Seismic Inc (TSX-PSD, OTC-PLSDF) ... learn more. Next, I will write about TECSYS Inc (TSX-TCS, OTC-TCYSF) ... learn more on Friday, July 25, 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, July 22, 2025
TFSA Features
In this article Rob Engen on Money Sense talks about how TFSA are misunderstood.
On my other blog I wrote yesterday about Dorel Industries Inc (TSX-DII.B, OTC-DIIBF) ... learn more. Next, I will write about Pulse Seismic Inc (TSX-PSD, OTC-PLSDF) ... learn more on Wednesday, July 23, 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 Dorel Industries Inc (TSX-DII.B, OTC-DIIBF) ... learn more. Next, I will write about Pulse Seismic Inc (TSX-PSD, OTC-PLSDF) ... learn more on Wednesday, July 23, 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, July 17, 2025
Open Banking
Here is news from The Canadian Press on Open Banking in an article on Money Sense.
On my other blog I wrote yesterday about Obsidian Energy Ltd (TSX-OBE, NYSE-OBE) ... learn more. Next, I will write about Artis REIT (TSX-AX.UN, OTC-ARESF) ... learn more on Friday, July 18, 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 Obsidian Energy Ltd (TSX-OBE, NYSE-OBE) ... learn more. Next, I will write about Artis REIT (TSX-AX.UN, OTC-ARESF) ... learn more on Friday, July 18, 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.