11 Canadian Dividend Stocks You Should Consider For Your Dividend Growth Portfolio

I'm a big fan of dividend growth stocks because they delivered me solid returns and a growing passive income over the recent years.

My main focus was on U.S. stocks, which is generally good because the American capitalism works fine but outside the US are also good stocks with a predictable business and stable growing dividends.

This week, I look at companies in Canada that have had a history of growing dividends, but more important have the capacity to continue to grow these dividends in the future.

You may like: Top Dividend Picks From Europe

A key measure of this sustainability can be observed through the payout ratio, which is the ratio of dividends paid to either cash flows or earnings.

A company paying out too high of a percentage in dividends is likely unable to continue to do so in the future. Attached are 11 of my top picks from the results.

I hope you can find there some new ideas. Please share your thoughts about the results. Thank you.

Here are some of my results...

3 Dow Jones Stocks With Shareholder Yields Over 10%

This blog is mostly dedicated to dividend growth stocks and yield is an important issue but it tells investors only half of the truth.

Beside dividend payments to shareholders, the company can also spend money for share buybacks. If we combine buybacks and dividends, we got a new yield, a shareholder yield, which is normally higher than the current dividend yield.

Below is a list of stocks from the Dow Jones which shows the current shareholder yields of the index. The results are better than the dividend yields due to positive share buybacks. Only three stocks have a double-digit shareholder yield.

Here are the top results with a 10+ percent shareholder yield...

Warning: Top Dividend Picks From Europe

Europe has a better investing environment as the United States. The ECB currently runs a 60 billion monthly quantitative easing program for the next months and a rising dollar makes European companies much cheaper than years before.

The big risk is still an ongoing decreasing euro due to problems in the Ukraine and debt negotiations in Greece. If the country should leave the Euro zone, other countries could follow but in the end, I believe that makes the area stronger. A bigger risk is to keep overspending countries with high debt in the Euro zone.

Today I run a market screener about European dividend stocks with simple criteria:

- Positive Dividend Yield

- Over 2 Billion Market Cap

- EPS growth for the next half-decade above 5 percent yearly

- Low forward P/E

- Debt-to-equity under 1

13 stocks fulfilled the above mentioned criteria of which two stocks are High-Yields. Below are my 4 favorites with a detailed view on the fundamentals. I hope you have some fun by discovering my results and will leave a few comments. Thank you!

These are my favorites:

The Secret Guide to Stocks That Warren Buffett Targets

When you look for attractive investment opportunities, you might have taken a deeper look at the activities of the professionals like George Soros, Bill Ackman or Warren Buffett.

Warren Buffett is one of the most respected investors in the world and his investment criteria are simple: Buy a growing business with inimitable assets at a reasonable price. Here are his criteria from his annual letter in detail:

(1) Large purchases (at least $75 million of pre-tax earnings unless the business will fit into one of our existing units), 

(2) Demonstrated consistent earning power (future projections are of no interest to us, nor are “turnaround” situations), 

(3) Businesses earning good returns on equity while employing little or no debt, 

(4) Management in place (we can’t supply it), 

(5) Simple businesses (if there’s lots of technology, we won’t understand it), 

(6) An offering price (we don’t want to waste our time or that of the seller by talking, even preliminarily, about a transaction when price is unknown).

It sounds simple but often it is hard to find concrete stocks that could meet his restrictions.

Today I like to close this gap by introducing some stocks that would appear on Warren Buffett's investing radar.

These are the results....

5 Stocks With 30+ Percent Upside in 2015

I've read an interesting article on CNN Money, called: 7 stocks Wall Street thinks will soar this year.

The author introduced seven stocks about which the Wall-Street guys seeing good upside potential this year.

Normally, I don't care about those articles, especially when I see that Tesla, Facebook or some Biotech’s are recommend but this time, I agree with five stocks from the list.

Here are the results...5 Stocks With 30+ Percent Upside in 2015 are...