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

Stocks that Pay Dividends Monthly: Return Your Capital Faster

It doesn't matter if you are retired and want dividends regularly or if you are currently employed and just want to supplement your monthly income. Monthly dividend stock may be just what you are looking for. Though these investments are often referred to as stocks, they are technically closed end bond funds, real estate investment trusts, oil income trusts, and closed end income stock funds that pay dividends monthly.

The advantage of monthly dividend investments include faster return your capital, and if the dividends are reinvested, can generate greater compounding than quarterly payments. In addition, the monthly payments can help reduce volatility. These monthly dividend investments are available at WallStreetNewsNetwork.com, which has a list of over 100 different companies that pay dividends monthly, many of which have high yields in excess of 7%.

One example is the New America High Income Fund (HYB), which pays a generous yield of 7.4%, with dividends generated monthly. The stock has been trading at around its net asset value, and charges a management fee of 0.85%. The fund was founded in 1987 and is managed by T. Rowe Price Associates.

Do you think real estate has bottomed out? Check out LMP Real Estate Income Fund Inc. (RIT) which is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It carries a yield of 5.5%, and has paid dividends since 2002. It is trading at a discount to net asset value. The management fee is on the high side at 1.2%

Gas Natural Inc. (EGAS) distributes natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 5.8% and sports a forward price to earnings ratio of 13.9.

Pengrowth Energy Trust (PGH) is a Canadian oil royalty income trust that pays a very high yield of 9.2%. The company, which was founded in 1988, explores, develops, and produces oil and natural gas reserves in western Canada.

When deciding which monthly dividend investments to put money into, investors should avoid investments with high management fees, limited liquidity, ones that trade at a large premium to net asset value, and the ones using excessive leverage. The municipal bond closed end funds may trigger the Alternative Minimum Tax; check with your accountant before investing.

A list of over a hundred monthly dividend stocks, including over 50 with yields of 6% or more, is available at WallStreetNewsNetwork.com. Keep in mind that very high yields may not be sustainable.

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

By Stockerblog.com

The Monthly Dividend Stocks: A Great Source of Regular Income

Have you been to your bank lately? You are lucky if you can get half a percent on a savings account. If you want to get more than 1%, you may need to tie your money up for ten years. The alternatives include monthly income stocks. Though these investments are often referred to as stocks, they are technically closed end bond funds, real estate investment trusts, oil income trusts, and closed end income stock funds that pay dividends monthly.

The advantage of monthly dividend investments include the return of your capital faster, which can generate faster compounding. In addition, the monthly payments can help reduce volatility. These monthly dividend investments can be found at WallStreetNewsNetwork.com, which has a recently updated list of about 200 different companies that pay dividends monthly, many of which have high yields in excess of 7%.

One example is Gas Natural Inc. (EGAS), previously called Energy, Inc., It is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 5.8% and sports a forward price to earnings ratio of 13.9.

The Advent Claymore Convertible Securities & Income Fund (AVK) sports a yield of 6.9%, sells at about a 8.2% discount to net asset value. This closed end fund, founded in 2003, invests approximately 60% of its portfolio in convertible securities and 40% in lower-grade non-convertible income securities. The company recently announced it will pay a supplemental dividend of 51.371 cents a share.

The MFS Multimarket Income Trust (MMT) pays a yield of 6.5%. It invests in fixed income investments throughout the world. The stock trades at a 5.2% discount to net asset value. The trust was founded in 1987, and has a management fee of 0.82%.

LMP Real Estate Income Fund Inc. (RIT) is a vehicle that allows the investor to participate in the real estate recovery and receive monthly income. It is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It carries a yield of 6.5%, and has paid dividends since 2002. It is trading at a 8.6% discount to net asset value.

Pengrowth Energy Trust (PGH) is a Canadian oil royalty income trust that yields 9.8%. The company, which was founded in 1988, explores, develops, and produces oil and natural gas reserves in western Canada.

When choosing monthly dividend investments investors should avoid investments with high management fees, limited liquidity, ones that trade at a large premium to net asset value, and the ones using excessive leverage. The municipal bond closed end funds may trigger the Alternative Minimum Tax; check with your accountant before investing.

A list of over a couple hundred monthly dividend stocks, including many that have yields of 6% or more, is available at WallStreetNewsNetwork.com. Keep in mind that very high yields may not be sustainable.

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

By Stockerblog.com

How to Beat CD Yields and Get Income Monthly

The average one-year yield for a bank certificate of deposit is currently 0.34%. Even if you tie up your funds in a five-year CD, the average yield is still only 1.15%. So what is an income investor to do? One very popular alternative is the closed end bond fund. One of the best features of this type of investment is the fact that many of them pay dividends monthly. Another monthly dividend alternative is the real estate investment trust.

Monthly dividend investments can return your capital faster, and can provide faster compounding. The monthly payments can also reduce volatility. Fortunately, there are over 150 different stocks that pay dividends monthly. Actually, even though these investments are often referred to as stocks, they are technically closed end bond funds, real estate investment trusts, oil income trusts, and closed end income stock funds, which pay dividends every month.

These monthly dividend investments can be found at WallStreetNewsNetwork.com, which lists almost 200 different companies that pay dividends monthly, over 50 of which have high yields in excess of 7%.

One example is The MFS Multimarket Income Trust (MMT) pays a yield of 7.1%. It invests in fixed in fixed income investments throughout the world. The stock trades at a 0.8% discount to net asset value. The company, which has been around since 1987, has a management fee of 0.82%.

Gas Natural Inc. (EGAS), previously called Energy, Inc., It is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 4.9% and sports a price to earnings ratio of 14.1.

The Advent Claymore Convertible Securities & Income Fund (AVK) sports a yield of 6.6%, sells at about a 11.4% discount to net asset value, and carries a 0.92% management fee. This closed end fund, founded in 2003, invests approximately 60% of its portfolio in convertible securities and 40% in lower-grade non-convertible income securities.

LMP Real Estate Income Fund Inc. (RIT) is a way of investing in real estate and receive monthly income. It is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It carries a yield of 7.9%, and has paid dividends since 2002. It is trading at a 14.9% discount to net asset value. The management fee is 1.2%.

Pengrowth Energy Trust (PGH) is a Canadian oil royalty income trust that yields 7.5%. The company was founded in 1988. The company explores, develops, and produces oil and natural gas reserves in western Canada.

Realty Income Corp. (O), one of the few stocks with a single letter stock ticker symbol, yields 5.1%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 18.2 times forward earnings.

When looking for monthly dividend investments investors should avoid investments with high management fees, limited liquidity, ones that trade at a premium to net asset value, and the ones using excessive leverage. The municipal bond closed end funds may trigger the Alternative Minimum Tax; check with your accountant about this possibility.

A list of over a couple hundred monthly dividend stocks, including many that have yields of 6% or more, is available at WallStreetNewsNetwork.com. Keep in mind that very high yields may not be sustainable.

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

By Stockerblog.com

The Forgotten Monthly Dividend Stocks: Former Canadian Royalty Income Trusts

Canadian Royalty Income Trusts used to be a popular investment, due to the high income and the tax benefits. But then the tax laws changed and glow went off these investments, and the companies switched from trusts to master limited partnerships and regular corporations. However, even though the original tax benefits are no longer there, these investments still have some benefits. There are several of these Canadian companies that pay high monthly incomes, according to the list of monthly dividend stocks at WallStreetNewsNetwork.com.

One interesting example is Provident Energy Ltd. (PVX), which is based in Calgary, Alberta, Canada and has been in business since 1993. The company extracts, transports, and markets natural gas liquids throughout Canada and the United States. The stock has a yield of 4.5% and provides monthly dividend payouts. The monthly dividend was just increased by 2.3%.

Pengrowth Energy Corporation (PGH) is another Canadian company that just increased its dividend from $0.069 per month to $0.07 per month, generating a yield 8.7% for the stock. The company explores for and produces oil and natural gas in the Western Canadian Sedimentary Basin.

To see other high yield Canadian oil and gas monthly dividend payers, and over 200 other monthly dividend stocks, check out the list at WallStreetNewsNetwork.com.

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

By Stockerblog.com

Monthly Dividends Can Reduce Volatility and Increase Compounding

Monthly dividend investments can return your capital faster, and can provide faster compounding. The monthly payments can also reduce volatility. Fortunately, there are over 150 different stocks that pay dividends monthly. Actually, even though these investments are often referred to as stocks, they are technically closed end bond funds, real estate investment trusts, oil income trusts, and closed end income stock funds, which pay dividends every month.

These monthly dividend investments can be found at WallStreetNewsNetwork.com, which lists almost 200 different companies that pay dividends monthly, over 60 of which have high yields in excess of 7%.

One example is Gas Natural Inc. (EGAS), previously called Energy, Inc., It is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 4.9% and sports a price to earnings ratio of 13.5.

The MFS Multimarket Income Trust (MMT) pays a yield of 9.5%. It invests in fixed in fixed income investments throughout the world. The stock trades at a 5.2% discount to net asset value. The company, which has been around since 1987, has a management fee of 0.82%.

The Advent Claymore Convertible Securities & Income Fund (AVK) sports a yield of 6.6%, sells at about a 11.4% discount to net asset value, and carries a 0.92% management fee. This closed end fund, founded in 2003, invests approximately 60% of its portfolio in convertible securities and 40% in lower-grade non-convertible income securities.

LMP Real Estate Income Fund Inc. (RIT) is a way of investing in real estate and receive monthly inocme. It is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It carries a yield of 4.5%, and has paid dividends since 2002. It is trading at a slight discount to net asset value. The management fee is 1.02%.

Pengrowth Energy Trust (PGH) is a Canadian oil royalty income trust that yields 7.6%. The company was founded in 1988. The company explores, develops, and produces oil and natural gas reserves in western Canada.

Realty Income Corp. (O), one of the few stocks with a single letter stock ticker symbol, yields 5.1%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 16.2 times forward earnings.

When looking for monthly dividend investments investors should avoid investments with high management fees, limited liquidity, ones that trade at a premium to net asset value, and the ones using excessive leverage. The municipal bond closed end funds may trigger the Alternative Minimum Tax

To see the list of almost a couple hundred monthly dividend stocks, including many that have yields of 6% or more, go to WallStreetNewsNetwork.com. Keep in mind that very high yields may not be sustainable.

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

By Stockerblog.com

The Benefits of Monthly Dividend Stocks

Would you like your capital returned faster, and have your compounding happen more quickly? How about less volatility? You can get all that from monthly dividend stocks. According to the database list at WallStreetNewsNetwork.com, there are almost 200 different companies that pay dividends monthly, many of which have fairly high yields. Although these investments are often referred to as stocks, that term is used loosely. These investments are real estate investment trusts, oil income trusts, closed end bond funds, and closed end income stock funds, which pay dividends every month.

The Advent Claymore Convertible Securities & Income Fund (AVK) sports a yield of 6.0%, sells at about a 3% discount to net asset value, and carries a 0.92% management fee. This closed end fund, founded in 2003, invests approximately 60% of its portfolio in convertible securities and 40% in lower-grade non-convertible income securities.

Another example is Gas Natural Inc. (EGAS), previously called Energy, Inc., It is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 5.0% and sports a forward price to earnings ratio of 13.

If you think that real estate is due for a refund, you might want to take a look at LMP Real Estate Income Fund Inc. (RIT). It is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It sports a yield of 4.4%, and has paid dividends since 2002. It is trading at a slight discount to net asset value. The management fee is 0.61%.

The MFS Multimarket Income Trust (MMT) pays a yield of 7.9%. The stock trades at a 6% discount to net asset value. The company, which has been around since 1987, has a management fee of 0.85%.

Pengrowth Energy Trust (PGH) is a Canadian oil royalty income trust that yields 8.3%. the company was founded in 1988. The company explores, develops, and produces oil and natural gas reserves in western Canada.

Realty Income Corp. (O), one of the few stocks with a single letter stock ticker symbol, yields 5.0%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 16.3 times forward earnings.

The monthly dividend investments you should avoid are:
1. the ones with high management fees
2. the ones with limited liquidity and which trade very few shares each day
3. the ones that trade at a premium to net asset value
4. the ones using excessive leverage
5. for municipal bond closed end funds, beware of the Alternative Minimum Tax

To see the list of almost a couple hundred monthly dividend stocks, including many that have yields of 6% or more, go to WallStreetNewsNetwork.com. Remember, very high yields may not be sustainable.

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

By Stockerblog.com

High Monthly Income From Canadian Oil Royalty Trusts

Canadian Oil Royalty Trusts have been known for their high income, their monthly distributions, and possible tax sheltering of their dividends. However, the pool of the trusts with the high yield is shrinking, due to takeovers and termination of payouts for some trusts. These Canadian Income Trusts, also known as Canadian Oil Income Trusts or Canadian Royalty Trusts generally pay a very high income. The trusts pass through all their earnings and deductions from oil and gas wells to the trust holders, similar to real estate investment trusts. There is no taxation at the corporate level since they are structured as trusts. Also, a portion of the dividends may be non-taxable due to depletion and depreciation deductions.

You should be aware that the Canadian government came out with a plan to tax all Canadian trusts at the corporate level beginning in the year 2011. However, the average yield from some of the Canadian trusts is still higher than the U.S. royalty trusts. WallStreetNewsNetwork.com recently came out with an updated free database list of Canadian Oil Royalty Trusts. Below is a list of some of the Canadian Royalty Trusts that are traded on United States stock exchanges.

Remember that very high yields may not be sustainable.

Pengrowth Energy (PGH) has been paying distributions since 1988 in Canada and 2002 in the United States. The stock has a P/E of 14, with a yield of 8.5%.

Provident Energy Trust (PVX), has been paying monthly dividends since October 2002, and pays a yield of 10.2%.

To get a free Excel database list of all the US-traded Canadian Income Trusts, which you can download and sort, go to WSNN.com.

Author does not own any of the above. Please note: these high yields are subject to change and elimination.

By Stockerblog.com