Topic: Dividend Stocks

CAE INC. $11 – Toronto symbol CAE

CAE INC. $11 (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 259.7 million; Market cap: $2.9 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.8%; TSINetwork Rating: Average; www.cae.com) has won several new contracts with 15 countries’ defence forces. Under these deals, CAE will build helicopter flight simulators and train pilots and aircraftsupport personnel.

In all, these deals are worth $100 million, or 5% of CAE’s annual revenue of $2.1 billion.

CAE is a buy.

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