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We're Going Grocery Shopping Over The Counter For The Canadian Wide Moat Dividend Portfolio

Published Mon, 25 Feb 2019 08:01:16 -0500 on Seeking Alpha

You gotta eat, right? And well now the Canadian Wide Moat Dividend Growth Portfolio is stepping up to the table. The Consumer Staples Sector enters the portfolio. Welcome Metro (OTCPK: MTRAF) and Loblaw (OTCPK: LBLCF).
And here's a recap. As you may know, I currently hold 7 Canadian Wide Moat Dividend Growth Companies in my personal retirement RRSP portfolio.
The Wide Moat 7 represents just 3 sectors. That said, it "covers" one of the most influential sectors in Canada, the financials, plus the consumer by way of the telcos and energy by way of pipeline/energy names.
Those 7 companies are Canada's 3 largest banks - Royal Bank of Canada (RY), TD Bank (TD), Scotiabank (BNS). Two of the biggest telcos in Bell (BCE) and Telus (TU), and the two biggest pipeline and energy players in Enbridge (ENB) and TransCanada (TRP).
I had expanded the portfolio to 8 with the addition of Alimentation Couche-Tard (OTCPK: ANCUF), a North American and international fuel retailer growth behemoth.
And in more traditional wide moat fashion, the Canadian railways Canadian National Railway Co. (CNI) and Canadian Pacific Railway (CP) made it 9 and 10 (Here's Now Arriving The Canadian Wide Moat 10 Portfolio, All Aboard).
Taking the portfolio to 11 was the incredibly successful Canadian gem Brookfield Asset Management (BAM). It operates with four successful business models. Here's The Canadian Wide Moat 7 Dividend Growth Portfolio - BAM It's Now 11.
And then I asked - is Fortis (FTS)... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ENBRIDGE 36.52   31.5 1.16 2.22 6.01
BCE 44.17   18.5 2.39 2.41 5.04
TELUS 36.08   17.3 2.09 1.66 4.60
BANK OF NOVA SCOTIA 54.78   10.7 5.14 2.64 4.55
TRANSCANADA 45.16   14.9 3.03 2.28 4.47
ROYAL BANK OF CANADA 77.64   11.8 6.55 3.10 3.72
TORONTO-DOMINION BANK 56.59   12.2 4.64 2.25 3.47
CANADIAN NATIONAL RAILWAY 87.58   19.4 4.52 1.60 1.81
BROOKFIELD ASSET MANAGEMENT 46.24   13.4 3.44 0.64 1.38
CANADIAN PACIFIC RAILWAY 205.28   19.6 10.49 1.97 0.93


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