All the Industrial Stocks That I Track 2

First, I would like to point out that My Own Advisor Blogger is giving away a book called Millionaire Teacher for free. See his blog called My Favourite Takeaways – Millionaire Teacher and FREE book giveaway Part 2.

Next, I want to continue on with talking about the Industrial stocks I track. This is part 2 of my entry these companies. For all the stock I follow, I have shown the link to my blog entries. The first blog entry should help you answer the questions of whether or not you might like to invest in the stock.

The 2nd blog entry deals with its current price, but you can compare the past median values to current ones to see if you would want to invest in it today. For example, you can compare current P/E Ratios from financial sites to the median P/E Ratios given in my blog. The G&M and Reuter can both give you current ratios. For Reuter, use TO after the stock symbol to find stock listings for Canadian companies. For Ag Growth International would be the symbol of “AFN.TO”.

For a dividend paying stock portfolio, you might want to buy Industrial stocks after you buy safer Utilities and financial stocks. See my site for information on setting up a portfolio. Also, Industrial stocks cover a wide field of endeavors. One definition is “in stock market vernacular, general, catch-all category including firms producing or distributing goods and services that are not classified as utility, consumer, or financial companies”.

Methanex Corp (TSX-MX, NASDAQ-MEOH). The 5 year median dividend yield is 2.38% and the DPRs are good. The 5 year growth in dividend is just 4.4% per year, but inflation is lower at just 2% per year. Dividends are inconsistent. For my blog entries dated November 2011, click here or here.

Mullen Group Ltd (TSX-MTL). This company changed from a Unit Trust to a corporation. They initially lowered their dividends, but since then have been again, raising them. The 5 year median dividend yield is 6.61%, but it has been moving lower. The 5 year median DPRs are high, but are currently good. For my blog entries dated November 2011, click here or here.

Organic Resource Management (TSXV-ORI). This is a small cap I have been in for some time. I have not sold as it is worth so little. They pay no dividends. For my blog entry dated October 2011, click here.

PFB Corp (TSX-PFB). This company has not raised their dividend since 2005. 5 year median dividend yield is 3.89% and their DPRs are fine. This is considered a high risk stock. For my blog entries dated February 2011, click here or here.

Progressive Waste Solutions Ltd (TSX-BIN). This is a company I own and it used to be an income trust. It reduced their dividends in 2009 and it has not raised them since. The 5 year median dividend yield is 6.6%, but current one around 2%. DPRs have been coming down and are currently good. For my blog entries dated July 2011, click here or here.

Pulse Seismic Inc. (TSX-PSD). I originally looked at this company because it was a small cap with dividends. They stopped their dividends in 2008, but have restarted them in September 2011. Current yield is 2.8%. For my blog entries dated January 2011, click here.

Russel Metals (TSX-RUS). This is a stock that I own. The dividends vary so that the 10 year growth in dividends is 17.5% per year, but the 5 year growth is 0%, per year. The 5 year median Dividend yield is 6.3%. The DPRs are moderate. For my blog entries dated June 2011, click here or here.

SNC-Lavalin (TSX-SNC). This is a stock that I own. The 5 year median dividend yield is just 1.1%. The 5 year DPRs are fairly low. The dividend growth is good with 5 year growth at 24% per year. The DPRs are moderate. For my blog entries dated July 2011, click here or here.

Stantec Inc. (TSX-STN). This is a stock that I used to own, however, I never intended to keep it. This is because it pays no dividends. Growth has been ok for the past 5 and 10 years. For my blog entries dated August 2011, click here or here.

Stella-Jones Inc. (TSX-SJ). I do not own this stock. Dividend yield is low with the 5 year median at 1.3%. DPRs are quite low. However, the dividend growth is 30% per year over the past 5 years. For my blog entries dated November 2011, click here or here.

TECSYS Inc. (TSX-TCS). I own this stock. It is a small cap stock, with a median dividend yield of 2.83%. DPRs are at a moderate level. Dividend growth is around 11% on average per year. For my blog entries dated August 2011, click here or here.

Toromont Industries Ltd (TSX-TIH). I own this stock also. Dividends yields are low with a 5 median at 1.3% and correspondingly low DPRs. Dividend growth is 14% per year. For my blog entries dated March 2011, click here or here.

Transcontinental Inc. (TSX-TCL.A). I do not own this stock. Dividends yields have a 5 median at 2.2%. The DPR for earnings is rather high, but the DPR for cash flow is quite good. Earnings have not been good lately, but cash flow is fine. Dividend growth is 14% per year. Dividends were increased between 2010 and 2011 by 40%, so it would appear that the company expects to do better in the future. I will blog again about this stock when the November 2011 financials are published. For my blog entries dated December 2010, click here or here.

Waterfurnaces Renewable Energy (TSX-WFI). I do not own this stock. Dividends yields have a 5 median at 3.3%. The DPRs are reasonable. Since dividends are paid in US$, they will fluctuate with the changes in US$ to CDN$. Dividend growth is around 11% per year. For my blog entries dated January 2011, click here or here.

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. See my website for stocks followed and investment notes. Follow me on twitter.