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Best-In-Class TSX Dividend Stocks

Dividend stocks such as Exco Technologies and High Liner Foods can help diversify the constant stream of cash flows from your portfolio. Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.

Exco Technologies Limited (TSX:XTC)

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. Founded in 1952, and headed by CEO Brian Robbins, the company provides employment to 6,517 people and with the company’s market capitalisation at CAD CA$430.82M, we can put it in the small-cap stocks category.

XTC has a solid dividend yield of 3.15% and pays out 31.06% of its profit as dividends . XTC’s dividends have increased in the last 10 years, with DPS increasing from $0.06 to $0.32. They have been consistent too, not missing a payment during this 10 year period. Interested in Exco Technologies? Find out more here.

TSX:XTC Historical Dividend Yield Jan 16th 18
TSX:XTC Historical Dividend Yield Jan 16th 18

High Liner Foods Incorporated (TSX:HLF)

High Liner Foods Incorporated processes and markets frozen seafood products in Canada and the United States. Formed in 1899, and currently headed by CEO Henry Demone, the company currently employs 1,293 people and with the company’s market capitalisation at CAD CA$483.67M, we can put it in the small-cap stocks category.

HLF has a enticing dividend yield of 4.00% and their payout ratio stands at 55.69% . HLF’s last dividend payment was $0.58, up from it’s payment 10 years ago of $0.1. They have been dependable too, not missing a single payment in this time. Over the next year, analysts are estimating a double digit EPS growth of 33.48%. More detail on High Liner Foods here.

TSX:HLF Historical Dividend Yield Jan 16th 18
TSX:HLF Historical Dividend Yield Jan 16th 18

Transcontinental Inc. (TSX:TCL.A)

Transcontinental Inc. engages in print, flexible packaging, publishing, and digital media operations in Canada and the United States. Founded in 1976, and run by CEO François Olivier, the company employs 6,500 people and with the company’s market cap sitting at CAD CA$1.92B, it falls under the small-cap category.

TCL.A has a wholesome dividend yield of 3.22% and is paying out 28.69% of profits as dividends , with analysts expecting the payout ratio in three years to be 33.91%. TCL.A’s DPS have risen to $0.8 from $0.28 over a 10 year period. They have been dependable too, not missing a single payment in this time. Transcontinental’s earnings growth over the past 12 months has exceeded the ca commercial services and supplies industry, with the company reporting an EPS growth of 43.58% while the industry totaled 10.60%. More detail on Transcontinental here.

TSX:TCL.A Historical Dividend Yield Jan 16th 18
TSX:TCL.A Historical Dividend Yield Jan 16th 18

For more solid dividend payers to add to your portfolio, you can use our free platform to explore our interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.

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