February 2013 - The Dividend Ninja

Opportunity in the Canadian Mining Sector

The post is titled, Opportunity in the Canadian Mining Sector. It is a review of three Canadian mining stocks listed on the NYSE and is intended for U.S. investors who may not be familiar with Canadian resource companies. I review the sector in relation to its possible value play and briefly review three company fundamentals. Here is a snippet: “Many investors don’t think of mining stocks as dividend growth companies because of their lower dividend yields. The sector has largely been overlooked by the Canadian dividend investing crowd. Yet, these are dividend growth companies with strong balance sheets. They have …

In What Account Should Canadians Hold International (Non U.S.) Dividend Stocks?

by Brian So

The following post is written by Brian So, an insurance advisor and blogger at briansoinsurance.com. Since my last post generated a lot of interesting discussions on which account to hold US stocks and ETFs, I’ll follow it up with a post on the impact of withholding taxes of holding (non-US) international dividend stocks in different accounts. Canada does not just have tax treaties with the US with respect to dividends paid to Canadians from US stocks. We also have tax treaties with 89 other countries in force and treaties signed but not in force with about a dozen other countries. …

Recent Buy: Power Financial Corp. PF Series S

by Dividend Ninja

This morning I sold another chunk of my iShares bond ETF, CLF, and purchased 100 shares of Power Financial Corporation First Preferred Shares, Series S, at $25 per share. The current yield is 4.80%, just slightly higher than the common shares of PWF. The shares are rated Pfd-1 by DBRS, and P-1 by S&P, which are considered highest quality ratings. Preferred shares (PF Shares) from Canada’s biggest companies are rarely offered with TD Waterhouse, and these new issues are usually gone within 20 to 30 minutes. I have been planning for several months to start adding PF shares to my …

Canada’s Oil Discount: Opportunity and Risk

by Guest Ninja

The following post is written by Roger Conrad. If you’d like to guest post on the Dividend Ninja, be sure to check out our Guest Posting Guidelines. Sometime early in the next decade the US will overtake Saudi Arabia as the world’s most prolific producer of oil. That’s according to the US Energy Information Administration. The key is new technology that’s unlocked vast reservoirs of oil and natural gas heretofore trapped under shale. And it’s spurred a production boom in Canada as well from previously untapped areas such as the Cardium Formation, the Duvernay Shale and the Montney Shale. The …