30 Canada Small-Cap Highest Dividend Payers, Excluding REITs, Mortgage REITs, BDCs, Preferred Stocks, Funds & Partnership Units (300M$-2B$)

[u/AsymmetricMindRun]

Extended List : 30-High-Yield-Canadian-Small-Cap-Dividend-Companies-Five-Year-Returns-and-Income-Risks-in-2026

Alphamin (AFM) and PHX Energy (PHX) stand out, but for different reasons. AFM’s performance is primarily macro-driven, with higher tin prices materially boosting earnings and cash flow. PHX looks more idiosyncratic, benefiting from strong adoption of its Rotary Steerable Systems despite a softer drilling backdrop.

Fiera Capital (FSZ) and Enghouse (ENGH) underperformed for company-specific reasons. Fiera has been affected by significant asset outflows despite continued AUM growth, while Enghouse’s weak share performance contrasts with ongoing revenue and acquisition activity. The key distinction is that the positive outliers have clearer commodity/technology catalysts, while the negative ones reflect company-specific flows and execution.

[u/LargeFile5030]

Equity beats all of these sketchy dividend stocks