Canadian National Railway Company (CNI) has a network of about 20,600 miles of track that spans Canada and middle America, from the Atlantic and Pacific oceans to the Gulf of Mexico. It sports a yield of 2% and trades at 13.1 times forward earnings.
TransCanada Corp. (TRP) is a Calgary based oil and gas pipeline company which yields 4.3%. The stock trades at 17 times forward earnings.
Royal Bank of Canada (RY) is one of Canada's major banks, based in Toronto, Ontario and yields 4.4%. The stock trades at 9.4 times forward earnings.
Rogers Communications Inc. (RCI), a Toronto based communications and media company, yields 4% and trades at 11.2 times forward earnings. The company has increased dividends every quarter since 2008.
For a list of over fifteen high yield Canada stocks, which can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
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