FWIW FWIW .....
Globe says Parkland, others have decent dividends
2012-02-09 08:48 ET - In the News
See In the News (C-PKI) Parkland Fuel Corp
The Globe and Mail attempts to identify companies that pay high dividends and are neither in the traditional oil, gas, power and pipeline industries, nor are real estate investment trusts, in its Thursday, Feb. 9, edition. The Globe's Nicolas Johnson writes in the Number Cruncher column that he got help constructing a screen for this item from National Bank Financial analyst Trevor Johnson. Mr. Johnson analyzed more than 220 stocks on the Toronto Stock Exchange. He looked for stocks with the highest yields relative to expected payout ratios, because they have the biggest potential to boost their dividends and are at the least risk of having to cut it. He also considered stocks with low forward EV/EBITDA (enterprise value to earnings before interest, taxes, depreciation and amortization) and low price-to-cash flow ratios relative to peers, historical valuations, and the outlook. He looked for stocks with low leverage, sustainable payout ratios and the capacity to grow. Stocks that appear to have enhanced income opportunities are Parkland Fuel, Medical Facilities, Trimac Transportation, WesternOne Equity Income Fund, AvenEx Energy and Boston Pizza Royalties Income Fund.
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aAVF-1925198&symbol=AVF®ion=C