3 TSX Dividend Stocks With Room to Keep Growing
3 TSX Dividend Stocks With Room to Keep Growing
Investing in dividend growth stocks is a low-cost strategy for Canadians looking to begin a recurring income stream. Typically, companies that have grown their dividends at a consistent pace have outperformed the broader TSX index over time.
對於希望開始經常性收入來源的加拿大人來說，投資股息成長型股票是一種低成本的策略。通常，隨着時間的推移，股息持續增長的公司的表現會超過更廣泛的多倫多證券交易所指數。
Given their strong history of dividend growth, here are three such TSX dividend stocks you can consider buying today.
鑑於其股息增長的強勁歷史，您可以考慮今天購買以下三隻這樣的多倫多證券交易所股息股票。
E-L Financial stock
E-L 金融股
Valued at a market cap of $4.60 billion by market cap, E-L Financial (TSX:ELF) operates as an investment and insurance in Canada. It has two primary business segments that include the following:
按市值計算，E-L Financial（多倫多證券交易所股票代碼：ELF）的市值爲46.0億美元，在加拿大開展投資和保險業務。它有兩個主要業務領域，包括：
- E-L Corporate: The business owns investments in equities and fixed-income securities through pooled funds and other investment companies.
- Empire Life: The business underwrites life and health insurance policies, wealth management products, group plans, and other financial services.
- E-L Corporate：該企業通過集合基金和其他投資公司擁有股票和固定收益證券的投資。
- 帝國人壽：該公司承保人壽和健康保險保單、财富管理產品、團體計劃和其他金融服務。
E-L Financial has returned close to 90% to shareholders in the last 10 years. However, after adjusting for dividend reinvestments, cumulative returns are closer to 150%. The company pays shareholders an annual dividend of $15 per share, indicating a forward yield of 1.13%, which might not seem much. However, investors should note that these payouts have risen by more than 40% annually in the past decade, significantly enhancing the yield at cost.
在過去的10年中，E-L Financial的股東回報率接近90％。但是，在調整股息再投資後，累計回報率接近150％。該公司向股東支付每股15美元的年度股息，表明遠期收益率爲1.13％，這似乎並不多。但是，投資者應注意，在過去十年中，這些支出每年增長40％以上，顯著提高了成本收益率。
Given its outstanding share count, E-L Financial pays around $51 million to shareholders in annual dividends. Comparatively, its free cash flow in the last 12 months has totalled $750 million, indicating a payout ratio of less than 10%.
鑑於其已發行股數，E-L Financial每年向股東支付約5100萬美元的股息。相比之下，其在過去12個月中的自由現金流總額爲7.5億美元，表明派息率低於10％。
Quebecor stock
魁北克股票
Quebecor (TSX:QBR.B) operates in the telecom, media, and sports and entertainment businesses in Canada. Its services include television distribution, internet access, wireline and mobile telephony, business solutions, and over-the-top video services.
魁北克（多倫多證券交易所股票代碼：QBR.B）在加拿大經營電信、媒體以及體育和娛樂業務。其服務包括電視發行、互聯網接入、有線和移動電話、商業解決方案和頂級視頻服務。
Quebecor, valued at $8 billion by market cap, pays shareholders an annual dividend of $1.30 per share, indicating a forward yield of almost 4%. Further, these payouts have risen 38% annually in the last decade. Since September 2014, the TSX tech stock has almost tripled investor returns after adjusting for dividend reinvestments.
魁北克按市值計算爲80億美元，向股東支付每股1.30美元的年度股息，表明遠期收益率接近4％。此外，在過去十年中，這些支出每年增長38％。自2014年9月以來，經股息再投資調整後，多倫多證券交易所科技股的投資者回報率幾乎增長了三倍。
The company's annual dividend payments total around $213 million, while its free cash flow in the last 12 months is much higher at $1.14 billion. Priced at 10 times forward earnings, the tech stock trades at an 18% discount to consensus price target estimates.
該公司的年度股息支付總額約爲2.13億美元，而其在過去12個月中的自由現金流要高得多，達到11.4億美元。該科技股的定價爲遠期收益的10倍，比市場普遍預期的目標股價折扣了18％。
North American Construction Group stock
北美建築集團股票
The final TSX dividend stock on my list is North American Construction Group (TSX:NOA), which offers equipment maintenance and mining and heavy construction services in Canada, the U.S., and Australia.
我名單上的最後一隻多倫多證券交易所股息股票是北美建築集團（TSX: NOA），該公司在加拿大、美國和澳大利亞提供設備維護、採礦和重型建築服務。
Valued at $652 million by market cap, North American Construction pays shareholders an annual dividend of $0.40 per share, indicating a forward yield of 1.6%. These payouts have risen by 25.9% annually, which is exceptional for a company in the energy equipment and services sector.
按市值計算，北美建築估值爲6.52億美元，向股東支付每股0.40美元的年度股息，表明遠期收益率爲1.6％。這些支出每年增長25.9％，這對於能源設備和服務領域的公司來說是特殊的。
With $11 million in annual dividend payments, North American Construction has more than doubled its free cash flow from $29.5 million in 2020 to $67.6 million in 2023.
北美建築每年派發1,100萬美元的股息，其自由現金流翻了一番多，從2020年的2950萬美元增加到2023年的6,760萬美元。
Priced at just six time forward earnings, the TSX stock is cheap, given that adjusted earnings are forecast to expand by 11% annually in the next five years. Analysts remain bullish and expect the stock to surge by 60%, given consensus price target estimates.
鑑於調整後的收益預計將在未來五年內每年增長11％，多倫多證券交易所股票的定價僅爲遠期收益的六倍，因此價格便宜。分析師仍然看漲，鑑於共識的目標股價估計，該股將上漲60％。
譯文內容由第三人軟體翻譯。