Blogs & Comment

Few Stocks with Positive Returns and Dividends

As of market close on Dec. 16, 2008, there were only 26 TSX stocks which, according to Bloomberg, paid dividends and also posted a positive year-to-date return. Another 135 paid dividends and had negative returns but lost less than the 35.14% decline incurred by the TSX composite. Here’s the top five with their returns, yields and Dec. 16 closing prices.
Royal Gold Inc.(RGL) manages royalty interests on precious metals properties in the U.S. It has returned 73.7% YTD and delivers a dividend yield of 0.74% based on a stock price of $52.19
The Cash Store Financial Services Inc.(CSF), previously named Rentcash Inc., offers financial services such as cheque cashing, pay day loans and brokerage though about 400 “Cash Store” and “Instaloans” branches across Canada. It returned 43.2% YTD with a dividend yield of 4.4% based on a stock price of $5.93
Metro Inc.(MRU.A) A Quebec-based food and pharmaceutical distributer and retailer with about 1,300 supermarkets, grocery, convenience and drug stores located mainly in Ontario and Quebec. Metro has delivered a 41.9% YTD return and carries a dividend yield of 1.36% on a stock price of $36.70
Canadian Energy Services LP(CEU.UN), which was listed in March 2006, provides drilling fluid systems to western Canada’s energy industry. A YTD return of 30.3% has resulted in a stock price of $6.55 and a dividend yield of 14.5%
Fairfax Financial Holdings Ltd. (FFH) Though subsidiaries provides property and casualty insurance and related services in Canada, the United States, Europe and Asia. This stock has posted a 27.9% YTD return and delivers a 1.4% dividend yield on a stock price of $360.70.
The other 21 who posted positive year-to-date returns are:
Kinross Gold Corp. (K) 20.7%
Daylight Resources Trust (DAY.UN) 17.3%
Empire Co. Ltd. (EMP.A) 13.8%
Goldcorp. Inc. (G) 13.1%
Molson Coors Brewing Co. (TAP.B) 11.5%
George Weston Ltd. (WN) 10.6%
Enerflex Systems Income Fund (EFX.UN) 10.2%
Boyd Group Income Fund (BYD.UN) 8.6%
Northbridge Financial Corp. (NB) 7.4%
Constellation Software Inc. (CSU) 6.8%
Loblaw Cos. Ltd. (L) 6.1%
Enbridge Income Fund (ENF.UN) 5.6%
Computer Modelling Group Ltd. (CMG) 4.1%
Emera Inc. (EMA) 4.1%
Agnico-Eagle Mines Ltd. (AEM) 3.2%
Enbridge Inc. (ENB) 2.4%
Crescent Point Energy Trust (CPG.UN) 2.3%
Barrick Gold Corp. (ABX) 1.4%
Laurentian Bank of Canada (LB) 0.9%
ARC Energy Trust (AET.UN) 0.7%
Phoenix Technology Income Fund (PHX.UN) 0.4%