4 dividend-paying small-cap stocks to buy under $15 - Kalkine Media

July 23, 2021 03:10 PM EDT | By Ipsita Sarkar
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Summary

  • Investors often seek out stocks of small-cap companies for their lower prices.
  • While they can have certain risk factors, some of them often come with the potential of delivering good returns in the future.
  • Extra gains like regular dividend payouts can also be an added bonus when investing in such stocks.

Investors often seek out stocks of small-cap companies for their lower prices. While they can have certain risk factors, some of them often come with the potential of delivering good returns in the future.

Extra gains like regular dividend payouts can also be an added bonus when investing in such stocks.

Keeping such factors in mind, let’s explore some Canadian small-cap dividend-paying stocks under the value of C$ 15 apiece.

  1. Rogers Sugar (TSX:RSI)

Rogers Sugar is a Canadian company that primarily deals with refining, packing and marketing sugar products. With business segments focused on maple and sugar products, the firm caters to the Canadian, European and the US markets.

RSI stock closed at C$ 5.75 apiece on July 22, with a market cap of about 596 million.

Rogers Sugar posted a total revenue of C$ 215.92 million in Q2 2021, up from C$ 199.12 million in Q2 2020. This surge, the company said, was due to an increase in its export volume in the sugar segment.

RSI shareholders were paid a quarterly dividend of C$ 0.09 apiece on July 13. This dividend posted an yield of 6.2, as per TMX.

The Canadian sugar company held a price-to-book (P/B) ratio of 2.1, a price-to-earnings (P/E) ratio stands at 14.3 and a return on equity (ROE) of 16 per cent.

  1. Extendicare (TSX:EXE)

The long-term care facilities firm claims to have a history of 50 years. It is said to have a network of 111 homes and provide other healthcare services to the elderly population in Canada.

Owing to the pandemic, Extendicare’s average occupancy rate dropped from 97 per cent in Q1 2020 to a low of 82.9 per cent in Q1 2021.

Despite that, however, its revenue level remained largely intact in Q1 due to the Ontario government’s occupancy protection aid, which is to be continued till August 31, 2021. 

Extendicare’s top line stood at C$ 322.4 million in Q1 2021, by 18.6 per cent YoY.

The company said that it has added 1,000 caregivers to its long-term care services in the past year. This year, 600 new caregivers are being trained online at the ParaMed centers, it said.

The company noted a closing price of C$ 8.53 on July 22. Its ROE was about 48.2 per cent and its return on assets (ROA) was 6.42 per cent. It held a P/B ratio of 5.8 and a P/E ratio of 13.7.

Extendicare is set to pay monthly dividend of C$ 0.04 apiece to its shareholders on August 16, 2021.

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  1. Birchciff Energy Ltd (TSX:BIR)

Stocks of Birchciff Energy ranked among the top performing energy companies on the TSX on July 22, with a closing price of C$ 4.96.

The oil and gas company noted in its financial statements for Q1 2021 that its average production increased by two per cent to 75,065 boe/d. Its net income  stood at C$ 22.2 million in the latest quarter, as compared to a net loss of C$ 45.2 million in Q1 2020.

Birchciff Energy posted a P/E ratio of 239 and a P/B ratio of 0.78, as per TMX.

On June 30, it paid a quarterly dividend of C$ 0.005 to its shareholders. It recorded a dividend yield of 0.424 per cent.

  1. Mullen Group (TSX:MTL)

The Canadian company, which primarily provides trucking and logistics services, saw its stocks close at a value of C$ 13.38 apiece on July 22, with a market cap of about 1 billion.

Mullen Group released its Q2 2021 quarterly report on July 21, which reflected a total revenue of C$ 312.5 million, up from C$ 257.5 million in Q2 2020.

Its net income for Q2 2021, however, declined by C$ 1.3 million to C$ 21.7 million.

Mullens distributes monthly dividends of C$ 0.04 apiece among its shareholders, which is set to be paid next on August 16.


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