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Operations: Finning International Inc.'s revenue from the sale, service, and rental of heavy equipment, engines, and related products amounts to CA$11.21 billion.

Dividend Yield: 3%

Finning International offers a stable dividend yield of 3.03%, supported by a low payout ratio of 29.7% and cash payout ratio of 17.3%, indicating strong coverage by earnings and cash flows. The dividend has grown steadily over the past decade, although it remains below top-tier Canadian payers' yields. Recent financials showed slight declines in net income to C$509 million, but revenues increased to C$11.21 billion, underpinning its reliable dividend payments amidst board leadership changes and share buybacks totaling C$175 million.

• Delve into the full analysis dividend report here for a deeper understanding of Finning International.

• Insights from our recent valuation report point to the potential undervaluation of Finning International shares in the market.

SECURE Waste Infrastructure

Simply Wall St Dividend Rating: ★★★★★☆

Overview: SECURE Waste Infrastructure Corp. operates in the waste management and energy infrastructure sectors across Canada and the United States, with a market cap of CA$3 billion.

Operations: SECURE Waste Infrastructure Corp. generates revenue from its Energy Infrastructure segment, contributing CA$9.49 billion, and Environmental Waste Management (EWM), contributing CA$1.19 billion.

Dividend Yield: 3.1%

SECURE Waste Infrastructure pays a reliable dividend of C$0.10 per share, supported by a low payout ratio of 17.5% and cash payout ratio of 25.5%, ensuring strong coverage by earnings and cash flows. The dividend has grown steadily over the past decade but remains below top-tier Canadian yields at 3.08%. Recent financials revealed significant earnings growth to C$582 million, alongside strategic acquisitions and share buybacks totaling C$332.65 million, enhancing shareholder value amidst robust revenue increases to C$10.67 billion.

• Click to explore a detailed breakdown of our findings in SECURE Waste Infrastructure's dividend report.

• In light of our recent valuation report, it seems possible that SECURE Waste Infrastructure is trading behind its estimated value.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include TSX:ARG TSX:FTT and TSX:SES.

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