Tuesday , 26 September 2023

40%+ Increases In Revenue Y-O-Y Make These 4 Dividend Stocks Prime Candidates To Increase Future Payouts

Today we have identified 4 dividend stocks with 4.5%+ yields and 40%+ revenue increases year over year. The rising revenue could mean even greater payouts for shareholders sometime in the future.

The comments above and below are excerpts from an article by SmallCapPower.com which has been edited ([ ]) and abridged (…) to provide a fast & easy read.

Win An iPad Pro!

TalkMarkets.com is so convinced you’ll love their website they are raffling off an iPad Pro to those who registers here by June 30, 2017. For more information please read the contest Terms and Conditions.
800+ authors contribute to TalkMarkets.com so check it out, register here and then program the site to provide you with exactly what you want by topic and author.

1. Power Financial Corp. (TSX: PWF) – $33.44
Multiline Insurance & Brokers

Power Financial Corporation is a diversified management and holding company with operations in the financial services sector in Canada, the United States and Europe, through its controlling interests in Great- West Lifeco Inc. (Lifeco) and IGM Financial Inc. (IGM). It operates through three segments: Lifeco, IGM and Pargesa Holding SA (Pargesa). Pargesa is a holding company with diversified interests in Europe-based companies active in various sectors, such as minerals-based specialty solutions for industry; cement, aggregates and concrete; oil, gas and alternative energies, and electricity, natural gas, and energy and environmental services.

  • Market Cap: $23,852 million
  • Total Revenue (LTM): $49,507.0 million
  • Revenue Growth (This Yr/Last Yr): 45.4%
  • Dividend yield: 4.7%

2. Emera Inc. (TSX: EMA) – $45.26
Electric Utilities

Emera Incorporated is an energy and services company that invests in electricity generation, transmission and distribution, as well as gas transmission and utility services.

  • Market Cap: $9,506 million
  • Total Revenue (LTM, Default, Millions): $3,461 million
  • Revenue Growth (This Yr/Last Yr): 55.7%
  • Dividend yield: 4.6%

3. Northland Power Inc. (TSX: NPI) – $24.09
Independent Power Producers

Northland Power Inc. (Northland) is an independent power producer that develops, finances, builds, owns and operates facilities in Canada and internationally that produce clean and green energy using natural gas, biomass, wind and solar technology. Northland segments include thermal; renewable; managed, which includes management and operations services for Kirkland Lake, Cochrane and Canadian Environmental Energy Corporation (CEEC); offshore wind, including Gemini and Nordsee, and other, which includes investment income and administration of Northland.

  • Market Cap: $4,143 million
  • Total Revenue (LTM): $792
  • Revenue Growth (This Yr/Last Yr): 36.3%
  • Dividend yield: 4.5%

4. Power Corporation of Canada (TSX: POW) – $29.97
Life & Health Insurance

Power Corporation of Canada is a diversified management and holding company. The Company has interest in the financial services, renewable energy, communications and other business sectors. Its principal asset is the controlling interest in Power Financial Corporation (Power Financial). Its segments are Great-West Lifeco Inc. (Lifeco), IGM Financial Inc. (IGM) and Pargesa Holding SA (Pargesa).

  • Market Cap: $12,421 million
  • Total Revenue (LTM): $51,041 million
  • Revenue Growth (This Yr/Last Yr): 41.7%
  • Dividend yield: 4.5%
If you want more articles like the one above: LIKE us on Facebook; “Follow the munKNEE” on Twitter or
register to receive our FREE tri-weekly newsletter (see sample here , sign up in top right hand corner).