Top Yielding Stocks Above the 49th Parallel

In the last five days, the iShares MSCI Canada Index Fund (

) basically broke even. However, the S&P 500 dropped almost 4%. It is not just this mini-market crash where Canada has outperformed. Canada has withstood the banking crisis and housing crisis much better than the US. For income investors looking for diversification, our neighbor to the north has over a dozen stocks with yields in excess of 3% according the free list of

at WallStreetNewsNetwork.com that was recently updated.

Canadian National Railway Company (

) has a network of about 20,600 miles of track that spans Canada and middle America, from the Atlantic and Pacific oceans to the Gulf of Mexico. It sports a yield of 2% and trades at 13.1 times forward earnings.

TransCanada Corp. (

) is a Calgary based oil and gas pipeline company which yields 4.3%. The stock trades at 17 times forward earnings.

Royal Bank of Canada (

) is one of Canada's major banks, based in Toronto, Ontario and yields 4.4%. The stock trades at 9.4 times forward earnings.

Rogers Communications Inc. (

), a Toronto based communications and media company, yields 4% and trades at 11.2 times forward earnings. The company has increased dividends every quarter since 2008.

For a list of over fifteen

, which can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com.

By Stockerblog.com