Equities

Money Digest, Nov, 2002

EQUITIES

STOCKS THAT PAY HIGHER DIVIDENDS

STOCK               SYMBOL  PRICE  DIVIDEND  YIELD
                                $         $      %

BCE Inc.               BCE  26.00      1.20    4.6
Bombardier B         BBD.B   3.85      0.18    4.7
Emera                  EMA  17.46      0.86    4.9
Hudson Bay             HBC   6.02      0.36    5.9
Nexfor                  NF   7.21      0.40    5.6
Noranda                NRD  14.11      0.80    5.7
Rothmans               ROC  31.00      1.50    4.8
Sceptre Investment    SZ.A   5.00      0.80   16.0
Telus                    T  10.62      0.60    5.7
TransAlta               TA  17.36      1.00    5.8

The common stocks mentioned here trade on Canadian stock exchanges and
pay dividends that are above 4.6% If the stock is of a qualifying
Canadian corporation, the dividend is equal to an interest yield of
5.75% or above. This list is drawn from a set of large cap Canadian
companies.
STOCKS WITH DIVIDEND REINVESTMENT PLANS (DRIPs)

STOCK                                  SYMBOL  RECENT PRICE $

Aberdeen Asia-Pacific Income Inv.         FAP            8.30
Agnico Eagle Mines *                      AGE           21.80
Alcan *                                    AL           40.62
Aliant Inc.                               AIT           25.75
Amtelecom Group Inc.                      ATM            1.75
ARC Energy Trust                       AET.UN           12.05
BC Gas                                    BCG           40.06
BCE Inc.                                  BCE           26.00
Bank of Montreal                          BMO           36.95
Bank of Nova Scotia                       BNS           44.63
Cdn. Imperial Bank (CIBC)                  CM           36.60
Canadian General Investments              CGI            8.20
Canadian Real Estate Investment Trust  REF.UN           12.50
Dofasco                                   DFS           28.20
Emera Inc.                                EMA           17.46
Enbridge Inc.                             ENB           44.90
Enerplus Resources Fund                ERF.UN           27.89
Fortis                                    FTS           48.25
H & R Real Estate Investment Trust      HR.UN           13.55
Imperial Oil                              IMO           44.51
Inco *                                      N           26.75
IPSCO                                     IPS           17.49
MDS Health 'A' (B)                        MDS           21.50
Molson                                  MOL.A           29.30
NAL Oil & Gas Trust                    NAE.UN           10.05
National Bank                              NA           28.92
NCE Petrofund                          NCF.UN           11.71
Pengrowth Energy Trust                 PGF.UN           14.60
RioCan Real Estate Investment Trust    REI.UN           11.70
Suncor Energy Inc.                         SU           25.10
Telus                                       T           10.62
TransAlta Utilities                        TA           17.36
TransCanada Pipelines (TCPL)              TRP           22.75

STOCK                                  DIVIDEND $  YIELD %

Aberdeen Asia-Pacific Income Inv.            0.80      9.6
Agnico Eagle Mines *                         0.03      0.2
Alcan *                                      0.60      1.5
Aliant Inc.                                  1.00      3.9
Amtelecom Group Inc.                          n/a      n/a
ARC Energy Trust                             1.62     13.4
BC Gas                                       1.44      3.6
BCE Inc.                                     1.20      4.6
Bank of Montreal                             1.20      3.3
Bank of Nova Scotia                          1.48      3.3
Cdn. Imperial Bank (CIBC)                    1.64      4.5
Canadian General Investments                 0.24      2.9
Canadian Real Estate Investment Trust        1.20      9.6
Dofasco                                      1.08      3.8
Emera Inc.                                   0.86      4.9
Enbridge Inc.                                1.52      3.4
Enerplus Resources Fund                      3.40     12.2
Fortis                                       1.96      4.1
H & R Real Estate Investment Trust           1.22      9.8
Imperial Oil                                 0.84      1.9
Inco *                                        n/a      n/a
IPSCO                                        0.20      1.1
MDS Health 'A' (B)                           0.10      0.5
Molson                                       0.40      1.4
NAL Oil & Gas Trust                          1.48     14.7
National Bank                                0.96      3.3
NCE Petrofund                                1.89     16.1
Pengrowth Energy Trust                       2.04     13.9
RioCan Real Estate Investment Trust          1.11      9.5
Suncor Energy Inc.                           0.17      0.7
Telus                                        0.60      5.7
TransAlta Utilities                          1.00      5.8
TransCanada Pipelines (TCPL)                 1.00      4.4

Stocks and trust units with dividend reinvestment plans (DRIPs) will
allow you to reinvest your dividends automatically into the company's
shares. This will save you commission. Some companies will even offer a
discount if you use DRIPs. The companies listed here have an additional
feature--they will also let you buy additional shares in the company
with no commission. This feature is called the Share Purchase Plan
(SPP).

Please note: To enroll in either plan you must already own share(s) in
the company.

The stocks and trust units listed in the right panel have both DRIPs as
well as SPPs.

* Stocks whose dividends are paid in U. S. dollars.