On Wednesday, Magna International Inc.(TSX: T.MG, Stock Forum) briefly hit $52.13 before closing at $52.12, for an increase of 1.84%.
The automotive systems developer and manufacturer said it expects an increase in total production sales over the two-year period from 2013 to 2015 of approximately $2.2 billion, based on assumed full year 2015 light vehicle production volumes of approximately 16.7 million units in North America and approximately 12.8 million units in Western Europe.
Magna International assembles complete vehicles for sale to original equipment manufacturers of cars and light trucks.
The second company to make the 52-week-high list was Badger Daylighting Ltd.(TSX: T.BAD, Stock Forum). The stock hit a new peak of $33.48, before closing at $33.47, for an increase of 2.2%.
On Jan. 15, the excavating services company declared a cash dividend for the month of January of $0.09 per share, representing $1.08 per share on an annualized basis.
Payment will be made on or about Feb. 15, 2013 to shareholders of record on Jan. 31, 2013.
Badger works for contractors and facility owners in the utility, transportation, industrial, engineering, construction and petroleum industries.