Whistler Blackcomb Holdings (TSE: WB) is number 14 in the Top 25 Canadian dividend stocks named by the Canada Stock Channel, after the resort operators reported a 7.17 per cent yield in the second quarter.
The board of directors at the company, which owns 75 per cent interest in Whistler Mountain Resort Limited Partnership and Blackcomb Skiing Enterprises Limited Partnership, declared a second quarter dividend of $0.24375 per common share, which is payable to shareholders on April 26.
The Whistler Blackcomb Holdings ranking was part of the channel's "DividendRank" report.
According to the Canada Stock Channel:
"Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research."
The share price for WB as of April 16, 2013, was $13.50.
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