Skip to main content

I’m pleased to provide the list of stocks in the Free Cash Portfolio below along with updates to several other popular portfolios. The portfolios are all based on stock screens of differing levels of complexity that are described in detail in separate articles.

For instance, you can follow the links to learn more about the Stable Dividend Portfolio, the Frugal Dividend Portfolio, the Dividend Monster Portfolio, the Screaming Value Portfolio and the Lemonade Portfolio.

I hope to provide portfolio updates every two to four weeks, with allowances made for the unusual periods that life provides – and a vacation from time to time.

Free Cash Portfolio

U.S. bargains with free cash flow

Capital One FinancialCOF-N94.564.65.42.5
CF IndustriesCF-N74.695.44.32.1
Everest Re GroupRE-N353.754.213.01.9
Lincoln NationalLNC-N22.532.3-4.28.0
Marathon OilMRO-N22.965.15.21.7
Synchrony FinancialSYF-N29.902.64.93.1
Valero EnergyVLO-N132.

Stable Dividend Portfolio

Low-volatility dividend stocks

Bank of Nova ScotiaBNS-T66.606.219.88.7
Canadian UtilitiesCU-T36.005.016.912.7
George WestonWN-T164.341.620.144.3
Hydro OneH-T36.813.017.420.9
Intact FinancialIFC-T189.622.318.812.7
Power CorpPOW-T34.636.119.612.4
Rogers SugarRSI-T6.075.916.637.5
Royal BankRY-T129.784.117.512.4
Sun Life FinancialSLF-T62.324.618.910.8
TD BankTD-T78.494.919.39.1
Thomson ReutersTRI-T172.561.518.172.0
Timbercreek FinancialTF-T8.008.619.412.0
TMX GroupX-T136.092.618.419.8

Frugal Dividend Portfolio

Cheap and stable dividend payers

Algoma CentralALC-T15.454.725.16.1
Bank of MontrealBMO-T118.834.821.19.9
Bank of Nova ScotiaBNS-T66.606.219.88.7
Great-West LifecoGWO-T34.716.020.51.5
Manulife FinancialMFC-T24.675.923.92.4
National BankNA-T96.444.020.310.2
Sagicor FinancialSFC-T4.856.224.74.7
Sun Life FinancialSLF-T62.324.618.910.8
TD BankTD-T78.494.919.39.1

Dividend Monster Portfolio

High-yield stocks with momentum

NameTickerPriceYield12 Month ReturnP/E
AGF ManagementAGF-B-T9.044.429.39.4
Birchcliff EnergyBIR-T8.339.619.64.1
Exchange IncomeEIF-T52.844.834.219.8
Hydro OneH-T36.813.016.620.9
Lundin GoldLUG-T14.203.838.9147.4
Mullen GroupMTL-T14.515.016.610.7
Peyto ExplorationPEY-T12.7610.320.15.7
PrairieSky RoyaltyPSK-T21.504.527.116.1
Restaurant BrandsQSR-T84.933.621.927.4
Wall FinancialWFC-T17.4017.232.122.7

Screaming Value Portfolio

Lots of EBIT for a low price

Algoma SteelASTL-T10.810.21.32.5
Frontera EnergyFEC-T11.471.54.9
Obsidian EnergyOBE-T8.391.50.9
Parex ResourcesPXT-T24.
Vermilion EnergyVET-T17.571.91.52.3
West Fraser TimberWFG-T99.752.13.71.7

Lemonade Portfolio

Profitable stocks in a sweet trend

NameTickerPriceP/E6 Month ReturnMarket Cap
Athabasca OilATH-T2.924.028.61,713
Coveo SolutionsCVO-T7.250.623.9811
Frontera EnergyFEC-T11.474.910.9981
Major DrillingMDI-T9.6510.617.0801
MEG EnergyMEG-T20.403.916.05,886
NuVista EnergyNVA-T12.125.47.02,655
Spartan DeltaSDE-T13.443.518.82,304
Torex Gold ResourcesTXG-T19.497.1107.31,674

Notes: Data from Bloomberg as of the close of Mar. 7, 2023. Norm has an interest in some of the stocks shown. Yield = indicated dividend yield, Volatility = annualized volatility over the past 260 days, P/E = price to earnings over the past four quarters, six (or 12) month return = total return over the past six (or 12) months including reinvested dividends, EV = enterprise value, EBIT = earnings before interest and taxes over the past four quarters, FCF = free cash flow, Market Cap = market capitalization in millions of dollars.

A Customary Caution

Use our portfolios and stock screens as a starting point for further research. Be sure to improve your understanding of each company by studying it and its industry in more detail. Confirm the data herein before using it.

Watch your step with stocks that trade infrequently, and those with very low share prices, because they may be difficult to buy or sell in a cost-effective manner.

Before dashing off to the market, recognize the built-in limitations of quantitative methods such as ours. For instance, less tangible factors such as the quality of a company’s management can sometimes help – or hinder – a business.

And while we hope our portfolios achieve similar returns to those in the back-tests, the market isn’t that predictable. Even in the best circumstances, we expect results to be bumpy and some individual stocks will disappoint. We would be pleased indeed for the portfolios to outperform the market over the course of a few decades.

Norman Rothery, PhD, CFA, is the founder of

Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today.