EQUITIES

Money Digest, June, 2001

The common stocks mentioned here trade on Canadian stock exchanges and pay dividends that are above 4.9% If the stock is of a qualifying Canadian corporation, the dividend is equal to an interest yield of 6.12% or above. This list is drawn from a set of large cap Canadian companies.

Stocks with dividend reinvestment plans (DRIPs for short) 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).

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

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

                    STOCKS THAT PAY HIGHER DIVIDENDS
STOCK                         SYMBOL  PRICE  DIVIDEND  YIELD
                                          $         $      %
Centrefund Realty                CFE   9.80      0.94    9.6
Emera                            EMA  16.25      0.85    5.2
Fortis                           FTS  38.32      1.88    4.9
Nexfor                            NF   7.50      0.40    5.0
Noranda                          NOR  16.25      0.80    4.9
Rothmans                         ROC  23.20      1.20    5.2
Sceptre Investments             SZ.A  14.10      0.80    5.7
Sherritt                           S   4.47      0.40    8.9
Spar Aerospace                   SPZ  13.39       .80    6.0
TransCanada Pipelines (TCPL)     TRP  18.45      0.90    4.9
                STOCKS WITH DIVIDEND REINVESTMENT PLANS
                                (DRIPs)
STOCK                         SYMBOL  RECENT PRICE $  DIVIDEND $
Agnico Eagle Mines [*]           AGE         12.50        0.03
Alberta Energy                   AEC         70.84        0.60
Alcan [*]                         AL         67.80        0.93
Aliant Inc.                      AIT         32.25        0.90
BC Gas                           BCG         32.75        1.32
BCE Inc.                         BCE         39.34        1.20
Bank of Montreal                 BMO         37.17        1.12
Bank of Nova Scotia              BNS         39.21        1.24
Cdn. Imperial Bank (CIBC)         CM         49.58        1.48
Canadian Pacific                  CP         60.91        0.56
Daimler Chrysler [*]             DCX         76.50        2.08
Dofasco                          DFS         25.85        1.08
Emera Inc.                       EMA         16.25        0.85
Enbridge Inc.                    ENB         36.72        1.40
Fortis                           FTS         38.32        1.88
Imperial Oil                     IMO         42.20        0.78
Inco [*]                           N         28.85         n/a
IPSCO                            IPS         21.90        0.50
MDS Health 'A' (B)               MDS         22.95        0.09
Molson                         MOL.A         43.85        0.72
Moore [*]                        MCL          8.17        0.31
National Bank                     NA         26.65        0.84
Nortel [*]                        NT         22.48        0.12
Suncor Energy Inc.                SU         42.97        0.34
Telus                              T         33.35        1.40
TransAlta Utilities               TA         26.25        1.00
TransCanada Pipelines (TCPL)     TRP         18.45        0.90
Westcoast Energy                   W         33.40        1.36
STOCK                         YIELD %
Agnico Eagle Mines [*]          0.3
Alberta Energy                  0.9
Alcan [*]                       1.4
Aliant Inc.                     2.8
BC Gas                          4.1
BCE Inc.                        3.1
Bank of Montreal                3.1
Bank of Nova Scotia             3.2
Cdn. Imperial Bank (CIBC)       2.9
Canadian Pacific                0.9
Daimler Chrysler [*]            2.7
Dofasco                         4.2
Emera Inc.                      5.2
Enbridge Inc.                   3.8
Fortis                          4.9
Imperial Oil                    1.9
Inco [*]                        n/a
IPSCO                           2.3
MDS Health 'A' (B)              0.4
Molson                          1.6
Moore [*]                       3.4
National Bank                   3.2
Nortel [*]                      0.5
Suncor Energy Inc.              0.8
Telus                           4.5
TransAlta Utilities             3.8
TransCanada Pipelines (TCPL)    4.9
Westcoast Energy                4.1