Ineu 3 Undervalued Stocks That Could Outperform Their Industries
Quality dividend stocks on the TSX, such as Brookfield Renewable Partners TSX:BEP.UN , Toronto-Dominion Bank TSX:TD , and Canadian Utilities TSX:CU can help you earn a passive-income stream due to their high dividend yields. Further, each of these companies should keep increasing dividend payouts over time, increasing the effective yield significantly.Let s see how to earn $1,000 in safe annual dividend income by investing in these three blue-chip TSX stocks.Brookfield Renewable Partners stockBrookfield Renewable currently offers investors a dividend yield of 5%. Down 43% from all-time highs, the TSX stock has still returned 1,700% to shareholders after adjusting for dividends.A clean energy giant, Brookf stanley termohrnek ield Renewable sells electricity under long-term PPAs, or power-purchase agreements, to its base of customers, which include ele stanley tumblers ctric utility companie stanley cup s and other corporate buyers.Brookfield Renewable currently has a capacity of 32 gigawatts across assets such as hydro, wind, solar, Ghij Holiday Wish: 1 TFSA Stock for Both Income and Growth
Cineplex Inc. TSX:CGX , the largest owner and operator of movie theatres in Canada, announced record fourth-quarter earnings results on the morning of February 9, and its stock stanley sverige has responded by rallying over 5%. Let s take a closer look at the quarterly results and the fundamentals of the stock to determine if it could continue higher from here and if we should be long-term buyers today.Record attendance leads to record earnings and revenuesHere a summary of Cineplex s stanley cup fourth-quarter earnings results compared with what analysts had p stanley cup becher rojected and its results in the same period a year ago.MetricQ4 2015 ActualQ4 2015 ExpectedQ4 2014 ActualAdjusted Earnings Per Share$0.64$0.63$0.51Revenue$407.37 million$395.79 million$332.21 millionSource: Financial TimesCineplex s adjusted earnings per share increased 25.5% and its revenue increased 22.6% compared with the fourth quarter of fiscal 2014. These record results can be attributed to its total attendance increasing 7.1% to a record 20. |
