High yields look safe at these telcos

BELL ALIANT INC. $28.65 (Toronto symbol BA: Shares outstanding: 227.8 million; Market cap: $6.5 billion; TSINetwork Rating: Above Average; Yield: 6.6%; www.aliant.ca) sells telephone and Internet services to 2.8 million customers in Atlantic Canada, as well as rural parts of Ontario and Quebec. The company… Read More

Buy for yield and takeover prospects

Manitoba Telecom’s annual dividend took a big jump in 2004, from $1 share to $2.60, mostly due to investor pressure at a time when many companies were converting to high-yield income trusts. Dividends remained steady until August 2010. That’s when the company cut its annual… Read More

Growth ahead for MBT

MANITOBA TELECOM SERVICES INC. $29.86 (Toronto symbol MBT; Shares outstanding: 64.7 million; Market cap: $1.9 billion; TSINetwork Rating: Average; Dividend yield: 5.7%; www.mts.ca) gets 53% of its revenue from its MTS division, which mainly sells traditional and wireless telephone services to consumers in Manitoba. The… Read More

Yield looks safe for now

MANITOBA TELECOM SERVICES $32.93 (Toronto symbol MBT; Shares outstanding: 64.7 million; Market cap: $2.1 billion; SI Rating: Average) is the main provider of telecommunication services in Manitoba.

Customers are buying fewer long-distance and traditional phone services from Manitoba Tel due to the weak economy and growing… Read More

ETF for high-yield TSX stocks

ISHARES DIVIDEND INDEX FUND $18.40 (Toronto symbol XDV; buy or sell through a broker) holds the 30 highest-yielding Canadian stocks based on dividend growth, yield and average payout ratio. The weight of any one stock is limited to 10% of of the fund’s assets.

The fund’s… Read More