Topic: Dividend Stocks

BOMBARDIER INC. – Toronto symbols BBD.A $1.53 and BBD.B $1.46

BOMBARDIER INC. (Toronto symbols BBD.A $1.53 and BBD.B $1.46; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 2.2 billion; Market cap: $3.2 billion; Price-to-sales ratio: 0.2; Dividend suspended in February 2015; TSINetwork Rating: Extra Risk; www.bombardier.com) owns 50% of a joint venture in China that has won an order to build 15 high speed passenger trains for that country’s rail system. The company’s share of the $381- million U.S. contract is $190.5 million U.S., or 1% of its annual revenue.

Deals like this enhance the prospects of the railcar division as Bombardier prepares to sell part of it in an initial public offering later this year.

Bombardier is still a hold.

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