Canadian stocks that pay DIVIDENDS!!!! Message Board

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Gold/Mining/Energy : Canadian stocks that pay DIVIDENDS!!!!

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To: John Richer who wrote (46)	9/17/1997 7:22:00 PM
From: John Richer	of 129

For your consideration.... UTILITY CORP (Tor - UTC) Invested in 17 Utilities such as BCE; BC Gas; Bruncor; Consumers Gas; Nova Scotia Power; Westcoast Energy plus Bonds from the same type of companies. A DIVIDEND of $.125 (CDN) per share is paid monthly with an extra dividend paid in August of each year. This works out to 4.4% based on the Sept 12 close of $34.15 (CDN). Annual dividends per share 1995 - $1.532 1996 - $1.548 1997 - $1.567 The monthly dividend is great for those investors who require monthly income. If interest rates continue to drop the utility stocks should continue an upward trend. One caveat - This company is expected to be wound up May 18,1998 with all proceeds being paid out to shareholders. Regards John

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