These small-caps offer solid yields

Article Excerpt

While large-cap stocks tend to account for the bulk of most investors’ portfolios, we also recommend adding smaller firms such as Calian and Extendicare. Both are leaders in their respective industries and have long histories of regular dividend payments. CALIAN GROUP LTD. $50 is a buy. The company (Toronto symbol CGY; High-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 11.8 million; Market cap: $590.0 million; Dividend yield: 2.2%; Dividend Sustainability Rating: Above Average; www.calian.com) provides business services to the healthcare, defence, security, aerospace, engineering, agriculture and technology industries. Calian pays a quarterly dividend of $0.28 a share; the annual rate of $1.12 yields 2.2%. That payment went up five times between 2010 and 2012. It has been steady for investors since then. In May 2024, Calian completed its acquisition of U.K.-based Mabway for $47.0 million. Mabway is a leader in the management of large-scale defence role-playing environments that simulate real-world operational environments and provide technical engineering education for naval and maritime communities. The company has been…