Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Zedcor Inc. is a Canada-based technology and services company operating primarily in the security services and surveillance technology industry. The company specializes in providing mobile surveillance solutions that combine proprietary equipment, monitoring services, and analytics to address security and safety needs for industrial, commercial, and public-sector customers. Zedcor’s core offering is designed to provide an alternative or supplement to traditional manned guarding by using technology-enabled, rapidly deployable infrastructure.
The company’s primary revenue drivers are its mobile surveillance towers, monitoring services, and related security solutions sold through recurring service contracts. Zedcor serves customers across construction, infrastructure, oil and gas, utilities, logistics, and municipal sectors. Its strategic positioning is based on offering scalable, lower-cost, and technology-driven security solutions that can be deployed in remote or temporary locations. Zedcor was founded in 2007 and has evolved from a regional security services provider into a publicly traded company focused on technology-enabled surveillance and recurring revenue growth.
Business Operations
Zedcor generates revenue through the deployment, leasing, and monitoring of its Zedcor Surveillance Towers, which are equipped with cameras, sensors, lighting, and communications technology. These assets are supported by centralized monitoring services that operate on a 24/7 basis, enabling real-time threat detection and incident response. Revenue is largely contract-based, with customers paying recurring fees for equipment usage, monitoring, and support services.
Operations are concentrated in Canada, with a growing footprint in the United States. The company controls and operates its surveillance hardware, software platforms, and monitoring infrastructure, integrating third-party telecommunications and analytics where required. Zedcor conducts its business through wholly owned subsidiaries, including Zedcor Security Corp., and relies primarily on organic sales rather than joint ventures. Public disclosures do not indicate material reliance on single customers or partners.
Strategic Position & Investments
Zedcor’s strategic direction emphasizes scaling its technology-enabled security platform, expanding its fleet of surveillance towers, and increasing penetration in infrastructure-heavy and theft-prone industries. Growth initiatives include geographic expansion, increased utilization of existing assets, and enhancements to analytics and remote monitoring capabilities to improve service margins and differentiation.
The company has historically focused on organic growth rather than large acquisitions. Public filings indicate ongoing capital investment in surveillance equipment, monitoring technology, and operational infrastructure to support fleet expansion. Zedcor is also positioned to benefit from increased demand for non-manned security solutions driven by labor constraints, rising theft, and infrastructure spending. Data inconclusive based on available public sources regarding material investments in unrelated emerging technologies or external portfolio companies.
Geographic Footprint
Zedcor is headquartered in Calgary, Alberta, Canada, and operates across multiple provinces, with significant activity in Western Canada and expanding presence in Central and Eastern Canada. Its services are deployed in both urban and remote locations, supporting industries such as energy, construction, and transportation infrastructure.
Internationally, Zedcor has established operations in the United States, where it is pursuing growth opportunities in construction, infrastructure protection, and commercial security markets. While international revenue remains smaller than domestic revenue based on public disclosures, the U.S. market represents a key strategic expansion region. The company does not report significant operations outside North America.
Leadership & Governance
Zedcor is led by a management team with experience in security services, operations, and public company governance. The leadership team emphasizes operational discipline, technology-driven service delivery, and recurring revenue growth as core elements of its strategic vision.
Key executives include:
- Todd Ziniuk – Chief Executive Officer
- Curtis Lishman – Chief Financial Officer
- Jon Matthews – President
- Kenny McCallum – Chief Operating Officer
The company is governed by a board of directors responsible for overseeing strategy, risk management, and compliance as a publicly listed issuer on the TSX Venture Exchange and the U.S. OTC market.