Dividend Ninja, Author at The Dividend Ninja

Recent Buy: Teck Resources and Barrick Gold

In a previous post on The Dividend Pig, I discussed opportunity in the Canadian mining sector. As I discussed in that post, many investors overlook mining stocks as dividend growth companies, because of their lower dividend yields. Yet these are “dividend growth” companies many with strong balance sheets. They have recently raised their dividends, and have more potential for share price increase. Take Potash Corp. (POT) as an example which recently raised its dividend by a whopping 33%! In that post I specifically discussed Barrick Gold (ABX), Goldcorp (G), Potash Corp. (POT), and Teck Resources (TCK.B). As mentioned, Teck and …

More Money for Beer and Textbooks (Book Giveaway)

by Dividend Ninja

Comments closed pending a winner… “Many students stumble through their late teens and early twenties in some sort of student-loan-fuelled, lifestyle inflating haze. They believe that a budget is more confusing than advanced calculus, and debt becomes some imaginary concept to be dealt with in a faraway land called The Future…” (More Money for Beer and Textbooks, pg. 13) [easyazon_image add_to_cart=”default” align=”left” asin=”0991748204″ cloaking=”default” height=”auto” localization=”default” locale=”CA” nofollow=”default” new_window=”default” src=”http://ecx.images-amazon.com/images/I/515rxO6VhZL.jpg” tag=”divninjaca-20″ width=”225″] [easyazon_link asin=”0991748204″ locale=”CA” new_window=”default” nofollow=”default” tag=”divninjaca-20″ add_to_cart=”default” cloaking=”default” localization=”default” popups=”default”]More Money for Beer and Textbooks[/easyazon_link] is the new book by Kyle Prevost and Justin Bouchard. When Kyle emailed me …

Opportunity in the Canadian Mining Sector

by Dividend Ninja

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 …

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 …