I do not own this stock of Wajax Corp. TD Waterhouse put out a written report on good dividend paying stocks and shares to possess in November 2011. This is a stock they named. I had not heard of it before, so I made a decision to investigate it. This ongoing company used to be an income trust and it changed to a company in 2011. In 2008 and 2009 it decreased its dividends some 58% to get its Dividend Payout Ratio down. In 2011 and 2012 they increased their dividends. However, EPS fell off in 2013 and they have been reducing their dividends ever since.
In 2014 these were paying regular dividends. In 2015 they transformed the dividends to quarterly. Dividends since 2014 are down by almost 70%. Up to now in 2017 dividends are toned. They have made no announcement of any dividend changes and the 3rd dividend of 2017 would be the identical to for the first two quarters.
Even though dividends have decreased, the dividend yield is still in the nice range so still quite high. This stock has some very good debt ratios. 1.41. This stock price screening suggests that the stock price maybe on the high part or relatively expensive. 18.96. This stock price screening shows that the stock price maybe relatively reasonable and below the median.
It is very close to relatively cheap. 18.96. The existing P/B Ratio is some 43% below the 10 12 months median. This stock price assessment suggests that the stock price is relatively cheap. 18.96. The historical median dividend yield is 4.23%. The existing dividend produce is some 25% higher. This stock price assessment suggests that the stock price is relatively cheap.
- 2000 = 100
- Many Solutions
- Current Price Signals “Sell”
- James Blilie – 8th Grade
- Aim high
- 5 years ago from London, United Kingdom
- ORBB LTD – 49 STATION ROAD, POLEGATE, EAST SUSSEX, BN26 6EA
18.96. The existing P/S Ratio is some 25% lower than the 10-yr median proportion. This stock price screening suggests that the stock price is relatively cheap. What I see is that we now have only 3 experts following this stock. 25.00. Therefore a total return of 37.13% with 31.86% from capital gain and 5.27% from dividends. There’s a new release on Cision with Wajax Corp stating they are redeeming all it their exceptional 6.125% Senior Notes. Becky Mayes on Simply Wall Street thinks that it’s a good time to buy this stock. See what analysts are saying concerning this stock on Stock Chase. Few abide by it, but feedback is mixed.
Wajax is a leading Canadian distributor and service support service provider of mobile equipment, commercial components, and power systems. Reflecting a varied contact with the overall Canadian economy, Wajax has three specific business divisions. The organization’s customer bottom covers core industries of the Canadian economy – mining, oil, and gas, forestry, construction, production, industrial processing, utilities, and transportation.
Its website is here now Wajax Corp. The final stock I published about was Telus Corp. Monday, September 25, 2017 before 8 am. This blog is meant for educational purposes only, and it is not to provide investment advice. Prior to making any investment decision, you should always do your own research or seek advice from an investment professional.