You would be hard pressed to find a stock as cheap as Pengrowth Energy (PGH). Not only does Pengrowth trade at a large discount to its book value, but it also offers steady monthly income. The company has several catalysts incoming for its Q2 earnings, namely higher cash flows from elevated energy prices and lower spreads in the quarter. Pengrowth currently offers a $0.04 per share monthly dividend and yields about 9.40%.
they dont take Canadian taxes out of the retirement accounts. PGH is a better deal in the IRA, and roths. In the taxable, non-retirement accounts, as a US a citizen you can get a tax credit at the end of the year when you file your personal income taxes. The Canadians do get there taxes monthly but you recoup the taxes when you file your taxes.