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|
|BANK OF NOVA SCOTIA||54.78||10.7||5.14||2.64||4.55|
|ROYAL BANK OF CANADA||77.64||11.8||6.55||3.10||3.72|
|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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