Each week at Canada Stock Channel, we screen through our coverage universe of dividend paying Canadian stocks, and we look at a variety of data — dividend yield, book value, quarterly earnings — and compare it to the stock’s trading data to come up with certain calculations about profitability and about the stock’s valuation (whether we think it looks ”cheap” or ”expensive”).

History has shown that the bulk of the stock market’s returns are delivered by dividends, and so we pay special attention to dividend history. And of course, only consistently profitable companies can afford to keep paying dividends, so profitability is of critical importance. Dividend investors should be most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation — maybe there is a company-specific reason causing the stock to be ”cheap” or maybe the entire sector is taking a hit, but whatever the reason, we think there is great value in ranking our coverage universe weekly using our proprietary DividendRank formula, and sharing the top stocks with our subscribers, neatly divided into 17 sectors/categories.

These are the three stocks in each category that our DividendRank system has identified as the top most ”interesting” … this is meant purely as a research tool to generate ideas that merit further research. 

**….click HERE to see the top 3 Dividend Paying Companies in each of 15 Business Sectors. The screenshot below shows how each sector is presented. On this screenshot below the individual links are not active, so click HERE or on the image below to see all 15 sectors presented as below, but with active individual links – Editor Money Talks.