For dividend investors to get the most bang for their buck, they should seek out companies that provide a sustainably high dividend yield. The 4 TSX small cap stocks we have identified today have some of the highest dividend yields in the small cap space and have all either maintained or raised their dividends over the past five years. This version of the original article from SmallCapPower.com has been edited for length (…) and clarity ([ ]) by munKNEE.com to provide a fast & easy read 1. Callidus Capital Corp. (TSX:CBL)
Corporate Financial Services
Callidus Capital is a Canada-based financial services company offering loans to businesses unable to acquire financing from other institutions. CBL has several mechanisms in place to manage risk through loan monitoring. The Company partners with Catalyst Capital Group, a large private equity fund, to finance roughly 75% of its loans. - Market Cap: $303.1 Million
- Dividend Yield: 22%
- Dividend Yield 5 YR Avg: 9%
- YTD Total Return: -43%
Like this article on Facebook and share it with a friend  2. Granite Oil Corp. (TSX:GXO)
Oil & Gas Exploration and Production
Granite Oil is a Canada-based oil producer operating in southern Alberta, approximately 70 kilometers south of Lethbridge. GXO's Alberta Bakken property consists of 65 gross oil wells and 91 gross gas wells, nine of which were drilled in 2017. The Company's assets host 20,000M boe in reserves. Granite owns 100% of its operating wells. - Market Cap: $99.4 Million
- Dividend Yield: 10%
- Dividend Yield 5 YR Avg: 8%
- YTD Total Return: -3%
Follow the munKNEE.com - Voted the internet's "most unique" financial site! (Here's why)  3. Just Energy Group Inc. (TSX:JE)
Natural Gas Utilities
Just Energy Group is a utility company operating in Canada and internationally. The Company serves over 1.6M customers, of which 56% are commercial and 44% residential. It offers a suite of electrical and natural gas products, as well as providing energy management and sustainability solutions. The Company launched expansions into Japan, Ireland, and Germany in December 2016, bringing its total presence to 23 markets. - Market Cap: $722.4 Million
- Dividend Yield: 10%
- Dividend Yield 5 YR Avg: 8%
- YTD Total Return: -6%
For the latest ? and most informative ? financial articles sign up (in the top right corner) for your FREE tri-weekly Market Intelligence Report newsletter (see sample here)  4. Cardinal Energy Ltd. (TSX:CJ)
Oil & Gas Exploration and Production
Cardinal Energy is a Canada-based oil and natural gas company operating in Alberta and Saskatchewan, Canada. The Company operates 2,452 producing oil wells and 192 natural gas wells across its seven operating areas, which produce a total of 18,700 boe/d. CJ's assets host 85,000 Mbbls of crude oil and 80,000 MMcf of natural gas. - Market Cap: $631.9 Million
- Dividend Yield: 7.6%
- Dividend Yield 5 YR Avg: -48%
- YTD Total Return: 13%
Related Articles From the munKNEE Vault: Investors looking for high-quality businesses should consider dividend growth stocks. The beauty of strong dividend growth companies is that they pay their investors rising streams of dividend income, regardless of the direction the market is going. This article will discuss the top 10 Dividend Achievers, ranked according to their expected returns. While dividend strategy is often considered boring, dividends are the important part of total returns for long-term investors. The dividend players mentioned below have all great track records of rewarding their owners. The post 4 TSX Small Cap Stocks with Big Dividend Yields appeared first on munKNEE.com. |
