Wajax Corp news

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WJX 23.74 +0.24 (1.02%)
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Wajax Corp downgraded after dramatic run for stock
Wajax Corp. was downgraded to hold from buy at TD Securities, but not because the company's prospects have taken a turn for the worse.
Wajax Corporation has broken the downtrend
The last occasion was on October 19, 2011, on a request from Andrew. The shares were trading for $32.12 and the dividend yield was 6.7 per cent.
Wajax Corp. Is a Great Example of Why the Leverage Ratio Matters
I recently read an investment newsletter that recommended Wajax Corp. (TSX:WJX) stock and its hefty 4.8% dividend yield; it's thesis suggested that its current restructuring plan has returned the heavy equipment sales and rental company to ...
Wajax investors should dig in for the long haul
Investors looking for a Canadian resource play with a rich dividend are eyeing machinery company Wajax Corp., but analysts are cautious on its near-term growth.
Oilpatch downturn takes toll on Wajax; equipment distributor cuts workforce
... cent reduction of its workforce over a two-year period that began in early 2015. Wajax Corp. says weakness in oil and other commodity prices continued to have a negative effect on its customers in all sectors including construction, mining, and oil ...
BRIEF-Wajax Corp Says Darren Yaworsky appointed CFO
MEXICO CITY, May 23 The International Monetary Fund on Tuesday said it reaffirmed Mexico's access to a flexible credit line worth about $86 billion dollars that the country could use to stabilize its currency in cases of extreme volatility.
Wajax: Wait for a better entry point
I was wondering if I could get your opinion on Wajax Corp. They were formally an income fund and now as a stock they pay a good dividend of approximately 7.5 per cent.
This dividend-paying industrial stock is cheap, but not necessarily a buy
Investors in industrial machinery company Wajax Corp. have seen a pickup in their shares in the past week after the company showed more results from its cost-cutting efforts, but the stock is still being weighed down by a sluggish commodities sector ...
Is Wajax's 'Strategic Reorganization' Really Necessary To Save The Dividend?
The announced reorganization should increase the efficiency and the cash flows to boost the FCF and FCF yield. The yield of 5% is safe, so the company could be added to a dividend-focused portfolio, but you shouldn't hope for a dividend increase ...
3 Decidedly Different Approaches to Dividends
Canadian Natural Resources Limited (TSX: CNQ)(NYSE:CNQ), PrairieSky Royalty Ltd (TSX:PSK), and Wajax Corp (TSX: WSJ) have varying degrees of connections to Canada's energy industry.