Topic: Dividend Stocks

LINAMAR CORP. $15 – Toronto symbol LNR

LINAMAR CORP. $15 (www.linamar.com) earned $0.39 a share in the third quarter of 2011, up 44.4% from $0.27 a share a year earlier. These figures exclude costs to integrate Linamar’s recent purchase of three French plants that make cylinder heads, gears and other parts for European carmakers. Thanks to these new operations, sales rose 30.4%, to $725.6 million from $556.3 million. Linamar is also seeing strong demand for its other products, such as parts for farm equipment and wind turbines. Buy.

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