posted on 7/4/2010 1:08:28 AM | 5282 reads
| Post #104992
As with most of my blogs,please use the information as a starting point to aid your DD and inform yourself through education...please seek professional advice.
Disclosure: At present I hold none of the equities below,but may in the future.
Below I will try to present a few options across several industries for those seeking ideas to ride out the present market downturn via dividend/distribution paying vehicles. Please note: as was the recent case of BP/British Petroleum, another dividend paying stock,when trouble hits any company, and in this example a dividend paying Co., more often than not the dividend is the first cut made to preserve the future existence of the said entity...dividends are far from safe, and present payouts are no guarantee of future dividend payouts...with that in mind we will begin:
All share values and dividends/distributions are gross amounts prior to any tax calculation, are calculated in CDN$, and are based on July 2,2010 close:
T.BA.UN...................................................................$25.40/share.................annual distribution $2.90...........yield 11.42%
Bell Aliant....regional voice/data services
T.COS.UN................................................................$26.80/share................annual distribution $2.00.............yield 7.46%
Canadian Oilsands trust...holds 36.74% of Syncrude project
T.CM...........................................................................$66.05/share...............annual dividend $3.48.................yield 5.27%
CIBC...one of Canada's 5 major banks
T.CPG........................................................................$36.65/share...............annual dividend $2.76..................yield 7.53%
Crescent Point Energy...Bakken area/mainly Oil
T.FIE............................................................................$6.48/share.................annual dividend $.48...................yield 7.41%
Claymore CDN Financial Monthly income...monthly dividend
T.MKP..........................................................................$13.10/share..............annual dividend $1.19.................yield 9.08%
MCAN Mortgage Corp...CDN mortgages
T.RET...........................................................................$17.10/share.............annual dividend $.80...................yield 4.68%
Reitman's....women's and men's clothing stores
T.SLF............................................................................$28.17/share.............annual dividend $1.44.................yield 5.11%
Sunlife Financial Inc.....asset mgmt,group health,life insurance
T.SPB...........................................................................$12.86/share.............annual dividend $1.62................yield 12.60%
Superior Plus Corp....Propane/energy,chemicals
T.T.................................................................................$40.47/share.............annual dividend $2.00................yield 4.94%
Telus...regional voice/data services
Please feel free to add details/comments on any of my above choices, and please add "YOUR DIVIDEND IDEAS"...Thank You.
GLTA in the markets,
Magnum
PS Dividends and Distributions are not taxed equally.