TELUS is Communicating a Higher Stock Price

TELUS (TU), based in Burnaby, British Columbia, is the largest telecom carrier in Western Canada. The company is a leader in wireless, landline, and Internet services for both voice and data, serving over 13 million customers north of the 49^th parallel.

This company has several features which makes this a great investment, including rising sales, spiking earnings, an increase in the number of subscribers, and a hefty dividend that was recently raised. Let’s examine these features in detail, which can make this stock move higher.

Rising Quarterly Revenues and Adjusted Earnings

The company’s revenues and increasing earnings are two catalysts that will boost the stock price. For the first time ever, the quarterly revenues for the third quarter of 2014 exceeded $3.0 billion, jumping 5.4% from the same quarter for the prior year. [All numbers in Canadian dollars.]

In the last couple years, many telecom companies have falling revenues for landlines but make it up with wireless revenues. Not TELUS; the company has generated rising sales for both the landline and wireless sides of the business.

(C$ millions)	9/30/13	9/30/14	Increase
Revenues	2,874	3,028	5.4%
Adj. Net Income	365	387	6.0%

In regards to earnings, adjusted net income increased by 6.0% to $387 million. Basic earnings per share for the quarter went up by 3.6% to $0.58, and if you look at adjusted earnings, they improved to the tune of 10% to $0.64.

(C$)	9/30/13	9/30/14	Increase
Net income/share	0.56	0.58	3.6%

The stock trades at 18.9 times earnings, which is less than the industry average of 20.0.

Customer Growth and Retention

TELUS generated an incredible 136,000 net new customer connections, plus it produced outstanding record lifetime revenue per customer. In addition, the company has an extremely low record churn, the customer loyalty rate, of 0.9%, for postpaid customers.

The company has very strong customer focus, which helps the company obtain and retain customers. According to Darren Entwistle, the TELUS Executive Chair, “Complaints against TELUS have declined 53 per cent since 2011. Notably, this is the third consecutive year that TELUS has had the lowest number of complaints amongst Canada’s major carriers, reflecting the power of our customer first culture in action.”

Share Repurchase Program

One stalwart driver that can move a stock higher is a share buyback plan. It reduces the number of shares, making each share more valuable from a percentage ownership, plus the buying helps create a floor under the stock price. The company has a share repurchase program in place and completed its purchase of $500 million for 2014.

The company announced that it would accelerate the start of the 2015 stock buyback program by purchasing up to $500 million in additional TELUS shares.

Dividends

Here is something long-term investors would like, a high dividend, plus a rising dividend policy. Currently, the yield on the stock is 3.9%. The quarterly dividend was bumped up by 11.1% year-over-year to 40 cents per share, which is the eighth increase since May 2011.  The company has a policy of raising the dividend twice a year.

Conclusion

The growth of the company should continue, as long as economic growth continues in Canada, which should happen according to he Bank of Canada’s October 2014 Monetary Policy Report.  As a review, TELUS has generated significant growth in earnings and revenues, rising customer growth, a reasonable price to earnings ratio, and a high yield with a rising dividend guideline. The company management has a way of getting customers and keeping customers. All of this will filter down to the stock price, causing it to rise higher, making it a great buy for growth and income investors. If you are looking for other Canadian stocks, check out the free list of Canada stocks at WallStreetNewsNetwork.com.

Canadian Stocks Have Underperformed: Time to Buy Canada?

During the last year, the iShares MSCI Canada (EWC) exchange traded fund was up 16.9%, whereas the S&P 500 was up over 20%. In addition, the Canadian economic news has not been good lately. Canada had a net loss of 11,000 jobs in August, plus a loss of 111,800 private sector jobs. So from a contrarian view, is now the time to buy Canadian stocks.

One option is to own Canada stocks that pay dividends, which helps to reduce volatility and returns your investment faster. According to the free list of Canada stocks at WallStreetNewsNetwork.com, there are over a dozen Canadian companies that pay dividends.

The Bank of Montreal (BMO) is the fourth largest bank in Canada, based on assets and market capitalization. The stock trades at 13 times trailing earnings and 11 times forward earnings. Earnings for the latest quarter were flat on a 4.1% revenue rise. The stock yields 3.9%.

TransCanada (TRP) is n oil and gas pipeline company. The dividend payout rate it 3.6%. The trailing PE ratio is 26, with a forward PE of 22. Earnings spiked 14.5% for the latest quarter, on an 11.2% revenue boost.

Canadian National Railway (CNI) trades at 25 times trailing and 17 times forward earnings. Quarterly earnings jumped 18.1% on a 16.9% increase in revenues. The company has a yield of 1.4%.

To see a list of all the high yield Canadian stocks, which has the PE ratios, the forward PEs, the yields, and other data, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written. 

By Stockerblog.com

Bad Economic News for Canada: Time to Buy Canadian Stocks?

If you have read the news lately on the economy of Canada, you would have seen a lot of negative articles, such as Canada’s economic engines running out of gas or maybe U.S. shutdown threatens Canada's economy. And if you compare Canadian stocks over the last year to US stocks, you would see that the iShares MSCI Canada Index (EWC) was down 0.42% versus the S & P 500, which rose 18.13% during the last twelve months.

Not very good new, especially since the natural resources and construction industry has slowed down in our neighbor to the north. It seem like the only positive business news from Canada is the medical marijuana industry.  However, if you are a contrarian, you may want to consider Canadian companies as an investment, especially the ones that pay dividends, to help reduce your volatility and return your capital faster. WallStreetNewsNetwork.com has turned up well over a dozen high yield Canada stocks, with seven yielding more than 4%.

One of the stocks is a major Canadian bank, Bank of Montreal (BMO), which pays a yield of 4.3%. The stock trades at10.6 times trailing earnings and 10.4 times forward earnings. It even has a reasonable Price to Earnings Growth ratio of 1.12.

In the telecom sectors, there is Rogers Communications Inc. (RCI), the Toronto based wireless and cable TV company.  The stock has a trailing price to earnings ratio of 11.8, a forward PE of 11.9, and a PEG ratio of 2.88, which is a bit on the high side. The stock sports a yield of 3.9%.

Canada has several energy trusts, such as Pengrowth Energy Trust (PGH), which trades at 27 times forward earnings and pays a dividend rate of 7.5%. This oil and natural gas company pays its dividends monthly.

To access a free list of dividend paying Canadian stocks, which provides the PE, the forward PE, the PEG, and the yield, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Top Yielding Canada Stocks

Did you know that our neighbor to the north is the tenth wealthiest nation in the world based on Nominal GDP? It is also a net exporter of energy, one of the few developed nations in the world that can make this claim. Also, Canada has the world's second-largest proven oil reserves (Saudi Arabia is in second place).

Fortunately for income investors looking to diversify, Canada has over a dozen stocks with yields in excess of 3% according the recently updated free list of top yielding Canadian stocks at WallStreetNewsNetwork.com.

One example is Toronto Dominion Bank (TD), the second largest bank in Canada. The stock trades at 10.6 times forward earnings and pays a dividend rate of 3.4%. The bank has over 1100 branches in Canada and over 1200 branches in the US.

Another example is Rogers Communications Inc. (RCI), is a Toronto based communications and media company, which yields 4.2% and trades at 11 times forward earnings. The company has increased dividends eleven out of the last twelve quarters.

Enbridge (ENB) is a transporter and distributor of crude oil and natural gas primarily in Canada and the United States. The stock yields 2.9% and has a forward price to earnings ratio of 20. The company is even getting into the solar energy business, buying its first solar farm from First Solar (FSLR).

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

Highest Yielding Canada Stocks

In spite of the fact that Standard & Poor's has lowered the rating on United States debt, Canada seems to be in good shape as Moody's has reaffirmed Canada's rating of AAA a few months ago. Probably because the banking crisis and housing crisis hasn't affected Canada as much as the US. For income investors looking for diversification, Canada has over a dozen stocks with yields in excess of 3% according the recently updated free list of top yielding Canadian stocks at WallStreetNewsNetwork.com.

Rogers Communications Inc. (RCI), a Toronto based communications and media company, yields 3.9% and trades at 11 times forward earnings. The company has increased dividends every quarter since 2008.

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 1.7% and trades at 14 times forward earnings.

TransCanada Corp. (TRP) is a Calgary based oil and gas pipeline company which yields 4.2%. The stock trades at 17 times forward earnings.

In the financial sector, Royal Bank of Canada (RY) is one of Canada's major banks, based in Toronto, Ontario and provides a favorable yield of 5%. The stock trades at 9 times forward earnings.

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

Top Yielding Stocks Above the 49th Parallel

In the last five days, the iShares MSCI Canada Index Fund (EWC) basically broke even. However, the S&P 500 dropped almost 4%. It is not just this mini-market crash where Canada has outperformed. Canada has withstood the banking crisis and housing crisis much better than the US. For income investors looking for diversification, our neighbor to the north has over a dozen stocks with yields in excess of 3% according the free list of top yielding Canadian stocks at WallStreetNewsNetwork.com that was recently updated.

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

High Yield Stocks From Our Neighbor to the North

What is happening in Canada? If you look at the iShares MSCI Canada Index Fund (EWC) over the last year, it is up over 22%. Canada has weathered the banking crisis and housing crisis much better than the United States. Fortunately for income investors looking for diversification, our northern neighbor has over a dozen stocks with yields above 3% according the recently updated free list of top yielding Canadian stocks at WallStreetNewsNetwork.com.

Royal Bank of Canada (RY) is one of Canada's major banks, based in Toronto, Ontario and yields 3.8%. Jim Cramer mentioned it on Mad Money today as a bank worth investing in and a much better alternative to British banks. The stock trades at 11.2 times forward earnings.

TransCanada Corp. (TRP) is a Calgary based oil and gas pipeline company which yields 4.4%. The stock has a forward price to earnings ration of 16.7. The stock just hit a 52 week high last Friday.

Rogers Communications Inc. (RCI), a Toronto based communications and media company, yields 3.5% and trades at 10.5 times forward earnings. It is interesting to note the the company has increased dividends every quarter since 2008.

To see a list of over 15 high yield Canada stocks, which can be downloaded, sorted, changed, 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

High Yields North of the Border

Why Canada? The country came through the housing crisis and financial crisis much better than the United States. Canada is filled with natural resources, and with gold and silver making new highs has certainly helped. Our northern neighbor also has a huge petroleum industry, the second largest oil reserves in the world. It is a net exporter of energy, one of the few nations that can make that claim. It is also one of the top twelve countries in the world by gross domestic product at purchasing power parity per capita, and has a lower unemployment rate than the United States.

Although Canada has lots of penny mining stocks, it also has plenty of large cap companies paying high dividends. According to WallStreetNewsNetwork.com which just updated a list of top yielding Canadian stocks, 15 yield more than 2.7%. Here are some examples:

Bank of Montreal (BMO) sports a healthy yield of 4.6%. This is Canada's oldest bank, founded in 1817. The stock has a trailing price to earnings ratio of 13 and a forward PE of 11. Earnings for the latest quarter were up over 20% on a 2.4% revenue increase.

Enbridge Inc. (ENB) is primarily an oil and gas pipeline company but it also is involved in green energy, owning four operating wind farms, investing in the 80 megawatt Sarnia Solar Project, and creating the first hybrid fuel cell power plant in the world. The stock provides a yield of 2.9% and trades at 19.5 times trailing and forward earnings. Adjusted net income was down for the latest quarter due to crude oil spills, however revenues were up 38%, and adjusted operating income was also up.

Rogers Communications Inc. (RCI), a Toronto based communications and media company, yields 3.5%. The stock trades at 15 times trailing earnings and 11 times forward earnings. Earnings were down over 23% for the latest quarter, primarily due to a large loss on repayment of long-term debt and higher sales expenses, but revenues were up 2.7%.

To see a list of over 15 high yield Canada stocks, which can be downloaded, sorted, changed, updated, and added to, go to WallStreetNewsNetwork.com.

A reminder: Income on Canada stocks is subject to Canadian withholding tax.

Author does not own any of the above.

By Stockerblog.com

Canada has a Better Housing Market than the US

According to a recent article by KIF Capital Management, Canada generally doesn't use 30 year fixed mortgages; most are 25 years and generally reset the interest rate every five years. In addition, there is no Canadian Fannie Mae or Freddie Mac (FMCC.OB). This makes for a more robust housing and mortgage market than what the United States has been experiencing.

It also means that Canadian banks may be in better financial shape than US banks. One of the nice features of Canadian bank stocks is the high dividend. There are over half a dozen Canada banks with yields ranging from 3% to 5.5%. For example, Canadian Imperial Bank of Commerce (CM), carrying a price to earnings ratio of 11.7, pays a generous yield of 4.7%.Earnings for the latest quarter were up 47.5% on a 13.8% increase in revenues.

Another high yielder is Bank of Nova Scotia (BNS), with a PE ratio of 14.3 and providing a 3.7% yield to investors. The company reported an earnings increase of 14.10% for the latest quarter on a 8.9% increase in revenues.

If you are interested in other opportunities north of the border, check out the free list of high yield Canada stocks at WallStreetNewsNetwork.com.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Top Yielding Canada Stocks

Canada didn't suffer as much as the United States did during the housing crisis. It also wasn't affected as much as the States during the financial crisis. As a matter of fact, the return on the S&P 500 over the last five years is negative, whereas the iShares MSCI Canada Index (EWC) is up about 40%.

For income investors, high income Canada stocks are a good way to diversify out of US dividend stocks. Just remember that income on Canada stocks is subject to Canadian withholding tax. WallStreetNewsNetwork.com has just published a list of top yielding Canadian stocks, 15 of which yield more than 2.5%. Here are some examples:

TransCanada Corp. (TRP) is a Calgary based oil and gas pipeline company which yields 4.4%.

Royal Bank of Canada (RY) is one of Canada's major banks. This Toronto, Ontario based company yields 3.8%.

Rogers Communications Inc. (RCI), a Toronto based communications and media company, yields 3.5%.

To see a list of over 15 high yield Canada stocks, which can be downloaded, sorted, changed, and added to, go to WallStreetNewsNetwork.com.

Author does not own any of the above.

By Stockerblog.com