Yahoo Finance May Dividend Favorites – Becker Milk And More
Becker Milk is one of the ten dividend stocks that can help raise your investment income by paying sizeable dividends. These stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. As a long term investor, I favour these great dividend-paying stocks that continues to add value to my portfolio.
The Becker Milk Company Limited (TSX:BEK.B)
The Becker Milk Company Limited owns and manages retail commercial properties primarily in Ontario, Canada. Becker Milk was started in 1957 and with the stock’s market cap sitting at CAD CA$26.94M, it comes under the small-cap stocks category.
BEK.B has an alluring dividend yield of 5.37% and their current payout ratio is 72.10% . In the case of BEK.B, they have increased their dividend per share from CA$0.60 to CA$0.80 so in the past 10 years. The company has been a reliable payer too, not missing a payment during this time. The company has also had a strong past 12 months, reporting a double digit EPS growth of 41.83%. More detail on Becker Milk here.
Calian Group Ltd. (TSX:CGY)
Calian Group Ltd. engages in the systems engineering, manufacturing, training, information technology, and health care solutions to industries and government in Canada, the United States, and Europe. Founded in 1982, and now run by Kevin Ford, the company employs 2,900 people and with the market cap of CAD CA$244.02M, it falls under the small-cap group.
CGY has a wholesome dividend yield of 3.55% and is distributing 54.52% of earnings as dividends . Over the past 10 years, CGY has increased its dividends from CA$0.60 to CA$1.12. To the enjoyment of shareholders, the company hasn’t missed a payment during this period. More on Calian Group here.
Canadian Natural Resources Limited (TSX:CNQ)
Canadian Natural Resources Limited explores for, develops, produces, and markets crude oil, natural gas, and natural gas liquids (NGLs). Started in 1973, and currently headed by CEO , the company now has 9,973 employees and with the company’s market capitalisation at CAD CA$54.75B, we can put it in the large-cap group.
CNQ has a good-sized dividend yield of 3.01% and is currently distributing 51.03% of profits to shareholders . CNQ’s last dividend payment was CA$1.34, up from it’s payment 10 years ago of CA$0.20. During this period, the company has not missed a dividend payment – as you would expect from a company increasing their dividend. More detail on Canadian Natural Resources here.
For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
