Something to Buy June 2026

Note: Last month, I changed from using the Historical Median dividend yield to the 10 year median dividend yield. This is more in line with the standards used today.

There is always something to buy in the stock market. On Tuesday, I put out a list of the stocks increased, decreased, or suspended their dividends. I also had charts on what stocks that I followed that had the most increased or decreased stock prices. 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.

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 June 2026 Spreadsheet above to see what stocks are showing whether a stock is relatively cheap based on historical high dividend yields (P/Hi), historical median dividend yields (P/Med), 10 year high dividend yields (P/10Hi), or 10 year median dividend yields (P/10Yr). As in other spreadsheets, you can highlight a line or several lines for better viewing.

In the following notes I am only going to list stocks showing as cheap using the historical high dividend yields (P/Hi) and 10 year median dividend yields (P/10Y). This is a change from what I was doing before as I was doing the historical median before this blog posting.

I follow 20 stocks in the Consumer Discretionary category. Three of these stocks (15%) are showing as cheap by the historically high dividend yield. They are BRP Inc (TSX-DOO, NASDAQ-DOOO), Molson Coors Canada (TSX-TPX.B, NYSE-TAP) and TWC Enterprises Ltd (TSX-TWC, OTC-CLKXF). There is no change from last month.

Eleven (55%) of Consumer Discretionary are showing cheap by 10 year median dividend yield. They are BRP Inc (TSX-DOO, NASDAQ-DOOO), Canadian Tire Corp (TSX-CTC.A, OTC-CDNAF), High Liner Foods (TSX-HLF, OTC-HLNFF), Leon's Furniture (TSX-LNF, OTC-LEFUF), Linamar Corporation (TSX-LNR, OTC-LIMAF), Magna International Inc. (TSX-MG, NYSE-MGA), Molson Coors Canada (TSX-TPX.B, NYSE-TAP), Richards Group Inc (TSX-RIC, OTC-RPKIF), Richelieu Hardware Ltd (TSX-RCH, OTC-RHUHF), Thomson Reuters Corp (TSX-TRI, NASDAQ-TRI) and TWC Enterprises Ltd (TSX-TWC, OTC-CLKXF). There is no change from last month.

I follow 13 Consumer Staples stocks. One stocks (8%) are showing as cheap by the historically high dividend yield. It is Alimentation Couche-Tard (TSX-ATD.B, OTC-ANCUF). Alimentation Couche-Tard (TSX-ATD.B, OTC-ANCUF) has been added to this list.

Ten stocks (77%) are showing cheap by 10 year median dividend yield. These are Alimentation Couche-Tard (TSX-ATD.B, OTC-ANCUF), Andrew Peller Ltd (TSX-ADW.A, OTC-ADWPF), Empire Company Ltd (TSX-EMP.A, OTC-EMLAF), Jamieson Wellness Inc (TSX-JWEL, OTC-JWLLF), KP Tissue Inc (TSX-KPT, NYSE-KPTSF), Lassonde Industries (TSX-LAS.A, OTC-LSDAF), Maple Leaf Foods Inc (TSX-MFI, OTC-MLFNF), Metro Inc (TSX-MRU, OTC-MTRAF), Premium Brands Holdings Corp (TSX-PBH, OTC-PRBZF), and Saputo Inc. (TSX-SAP, OTC-SAPIF). KP Tissue Inc (TSX-KPT, NYSE-KPTSF) has been added to this list.

I follow Six Health Care stocks. One of these stocks (17%) is showing as cheap by the historically high dividend yield. It is Medtronic Inc. (NYSE-MDT). There is no change from last month.

One stock (17%) is cheap by the 10 year median dividend yield. The stock is Medtronic Inc. (NYSE-MDT). There is no change from last month.

I follow 8 Energy stocks. No stocks (0%) are showing as cheap by the historical high dividend yield. There is no change from last month.

There are two stocks (25%) showing as cheap by 10 year median dividend yield. They are Cenovus Energy Inc (TSX-CVE, NYSE-CVE), and Ovintiv Inc (TSX-OVV, OTC-OVV). I have added Ovintiv Inc (TSX-OVV, OTC-OVV) to this list. I should have added it last month rather than Mullen Group (TSX-MTL, OTC-MLLGF).

I follow 26 Financial stocks under the categories of Banks (7), Financial Services (14), and Insurance (5).

I follow 7 Bank stocks. None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.

No stocks (0%) are showing as cheap by 10 year median dividend yield. There is no change from last month.

I follow 14 Financial Service stocks. No stock (0%) is showing as cheap by the historically high dividend yield. Firm Capital Mortgage Invest. Corp (TSX-FCR.UN, OTC-FCMGF) has been removed from this list.

Five stocks (36%) are showing as cheap by the 10 year median dividend yield. These stocks are Atrium Mortgage Investment Corp (TSX-AI, OTC-AMIVF), Element Fleet Management Corp (TSX-EFN, OTC-ELEEF), EQB Inc (TSX-EQB, OTC-EQGPF), Firm Capital Mortgage Invest. Corp (TSX-FCR.UN, OTC-FCMGF), and Propel Holding Inc (TSX-PRL, OTC- PRLPF). Element Fleet Management Corp (TSX-EFN, OTC-ELEEF) has been added to this list. Goeasy Ltd (TSX-GSY, OTC-EHMEF) has been removed from this list.

I follow 5 Insurance stocks. None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.

No stocks (0%) are showing as cheap by 10 year median dividend yield. There is no change from last month.

I follow 32 Industrial stocks. Because I have so many in Industrial, I have divided my Industrial stocks into 4 separate categories under Industrial. They are Construction (7), Industrial (3), Manufacturing (5) and (Business) Services (17).

I have 7 Construction stocks. No stock (0%) is showing as cheap by the historically high dividend yield. There is no change from last month.

No stock (0%) is showing as cheap by 10 year median dividend yield. There is no change from last month.

I have 3 stocks left with the sub-index of Industrial. None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.

No stock (0%) is showing as cheap by 10 year median dividend yield. There is no change from last month.

I have 5 Manufacturing stocks. None of these stocks (0%) are showing as cheap by the historically high dividend yield. There is no change from last month.

One stock (14%) is showing as cheap by 10 year median dividend yield. It is Exco Technologies Ltd. (TSX-XTC, OTC-EXCOF). There is no change from last month.

I follow 17 Services stocks. Three stocks (18%) are showing as cheap by the historically high dividend yield. They is Canadian National Railway (TSX-CNR, NYSE-CNI), GFL Environmental Inc (TSX-GFL, NYSE-GFL) and Transcontinental Inc (TSX-TCL.A, OTC-TCLAF). GFL Environmental Inc (TSX-GFL, NYSE-GFL) has been added to this list.

Seven stock (41%) are showing as cheap by 10 year median dividend yield. They are Canadian National Railway (TSX-CNR, NYSE-CNI), Dexterra Group Inc (TSX-DXT, OTC-HZNOF), Pulse Seismic Inc (TSX-PSD, OTC-PLSDF), Transcontinental Inc (TSX-TCL.A, OTC-TCLAF), and Trican Well Service Ltd (TSX-TCW, OTC-TOLWF), Waste Connections Inc (TSX-WCN, NYSE-WCN), and Cargojet Inc (TSX-CJT, OTC-CGJTF).

Canadian Pacific Kansas City Ltd (TSX-CP, NYSE-CP), McCoy Global Inc (TSX-MCB, OTC-MCCRF), and Pason Systems Inc (TSX-PSI, OTC-PSYTF) have been removed from this list and Cargojet Inc (TSX-CJT, OTC-CGJTF) has been added to this list.

I follow 10 Material stocks. No stock (0%) is showing as cheap by the historically high dividend yield. Barrick Mining Corp (TSX-ABX, NYSE-B) has been removed from this list.

Five stock (50%) are showing as cheap by 10 year median dividend yield. They are Adentra Inc (TSX-ADEN, OTC-HDIUF), Barrick Mining Corp (TSX-ABX, NYSE-B), CCL Industries (TSX-CCL.B, OTC-CCDBF), Stella-Jones (TSX-SJ, OTC-STLJF), and Supremex Inc (TSX-SXP, OTC-SUMXF). There is no change from last month.

I follow 9 Real Estate stocks. No stock (0%) is showing as cheap by historically high dividend yield. There is no change from last month.

Three stocks (33%) are showing as cheap by 10 year median dividend yield. They are Allied Properties REIT (TSX-AP.UN, OTC-APYRF), FirstService Corp (TSX-FSV, NASDAQ-FSV), and SmartCentres REIT (TSX-SRU.UN, OTC-CWYUF). There is no change from last month.

I follow 4 of the Telecom Service stocks. Two of the stocks (50%) are showing as cheap by historically high dividend yield. They are Cogeco Communications Inc (TSX-CCA, OTC-CGEAF), and Telus Corp (TSX-T, NYSE-TU). There is no change from last month.

Three stocks (75%) are showing cheap by 10 year median dividend yield. These stocks are Cogeco Communications Inc (TSX-CCA, OTC-CGEAF), Quebecor Inc (TSX-QBR.B, OTC-QBCRF) and Telus Corp (TSX-T, NYSE-TU). 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 10 year median dividend yield. They are Enghouse Systems Limited (TSX-ENGH, OTC-EGHSF), and Evertz Technologies (TSX-ET, OTC-EVTZF). There is no change from last month.

I follow 8 of the Infrastructure Type stocks. No stock (0%) is showing as cheap by historical high dividend yield. There is no change from last month. South Bow Corp (TSX-SOBO, NYSE-SOBO) is showing as cheap, but I have little data on this stock. I am waiting to have more data on this stock.

No stock (0%) is showing cheap by 10 year median dividend yield. Enbridge Inc. (TSX-ENB, NYSE-ENB) has been removed from this list. South Bow Corp (TSX-SOBO, NYSE-SOBO) is showing as cheap but I have little data on this stock.

I follow 8 of the Power Type utility companies. No stock (0%) is showing as cheap by historical high dividend yield. There is no change from last month.

One stock (13%) is showing as cheap by 10 year median dividend yield. It is Boralex Inc (TSX-BLX, OTC-BRLXF). ATCO Ltd (TSX-ACO.X, OTC-ACLLF) has been removed from this list.

On my other blog I wrote yesterday about Hammond Power Solutions Inc (TSX-HPS.A, OTC-HMDPF) ... learn more. Next, I will write about Pizza Pizza Royalty Corp (TSX-PZA, OTC-PZRIF) ... learn more on Friday, June 5, 2026 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk . The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.