It’s Green Up North, and that means Dividends!
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Transcript of It’s Green Up North, and that means Dividends!
Welcome to Dividend Stocks Research Your premier site for
Rankings and Reviews of the best dividends stocks around. For more
info on dividend stocks visit our website
DividendStocksResearch.com
Hi, My name is Aaron and I‘m with Dividend Stocks Research, and today
were reviewing our recently published article…
So, I was poking around online and I found a very interesting company.
They’re based up in Canada, and they pay a great little dividend.
It’s not often I look at stocks in Canada. Sometimes buying these
stocks can be difficult. For example I went to my broker and they told
me I can’t buy the stock at all.
What’s crazy is the difficulty US people have trading the stock…
Despite our close relationship with Canada, and the fact that they are
our brother in arms in fights around the globe, Canada is still a Foreign
country.
As a result, the SEC and US Government regulations are strict.
Hopefully some day that changes, and the reach of the US investor to
Overseas investments eases. But till then, it will be a hassle.
Anyway, once you have the ability to buy Canadian stocks on the TSX as a US citizen, you can then move
on to the more difficult step… Research.
Researching small Canadian Companies is no different from looking at US listed companies.
You need to do your research.
Look at Revenue, Expenses, the Gross margin… and Profits.
The Dividend payout is also KEY.
So where do you get that information?
I always start with sedar.gov… it’s just like the US governments
Edgar.gov archive system.
If you don’t know about EDGAR, you shouldn’t buy stocks… and if you
don’t know about SEDAR, you shouldn’t buy Canadian Stocks!
It’s as simple as that.
Once you review those documents, you can also hit the company
website and read those documents too.
That’s where I learned more about this interesting company.
Exchange Income Corporation, a Canadian invests in profitable, well established companies with strong
cash flows operating in niche markets. Their goal is to send
shareholders monthly cash dividends!
What a great story.
You get two of my favorite things all rolled into one… Dividends and small
company growth!
So what caught my eye about this company?
It was their Press release announcing Q2 numbers.
The company reported revenue of $274 million, EBITDA of $28.4
million (Which is 10%), and net income of $4.1 million.
While not without its struggles, the thing that I liked… numerous
divisions were contributing money to the parent corporation for
distribution of cash dividends.
The company also reported working capital of $267 million.
And management’s outlook is very optimistic.
So I dug further… the stock tends to gyrate between $15 and $26 and as
I write this is trading for $19 a share.
I think there’s upside here… but what really attracted my attention is
the Dividend.
So the latest announcement was for a $0.14 dividend. Initially that
seems so unimpressive… until you realize it’s on a MONTHLY basis.
So let’s do some quick math.
$0.14 per month is $1.68 … looking good.
The stock price is $19. So $1.68 divided b $19.00 is .0.088 or 8.8%
This company is paying an 8.8% dividend! WOW.
Take a look and see if it fits your investment strategy.
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