In a bull market, all eyes are on stampeding capital gains, but when markets fall, slow-and-steady dividend investing often enjoys renewed popularity. During the last recession, however, many dividends got slashed. In fact, the fourth quarter of 2008 was the worst year for dividend cuts since 1956, when Standard & Poor’s began to keep records. Three years later, dividend stocks are again a stable choice, especially since many investors aren’t confident in the growth of equity markets. And the best dividend performers tend to be rock-solid companies with a low chance of seeing their yields cut or eliminated.
Some of the companies on this list are returning favourites. Among them are Enbridge and Rogers, which have consistently increased their dividends—even during the recession. Corus Entertainment also rejoins the list after dropping off last year. Among the big banks, which are generally considered safe dividend picks because they pay out solid 4% yields, only one made our cut: RBC. Now that its U.S. consumer banking unit is reportedly up for sale, the company may put an end to its decade-long struggle south of the border, which should be good news for the stock.
Source: Canadian Business
Related Articles:
- Who Owns The Top Dividend Stocks?
- Top 10 Articles For 2010
- Dividend Stocks vs. a Safe Distribution Rate
- Best Stocks for 2011
- The 2011 Dividend Aristocrats
________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
GameStop (NYSE:GME) lost about 40% of its market value over the past three years, as rising digital downloads and declining mall traffic thr...
-
In a capitalistic society, opportunities to generate (mostly) passive income are all around us. Dividend growth investing is one of the most...
-
These elite income producers have rallied this year. Their brilliance at producing passive income seems to have caught the market's eye ...
-
Since the market highs in July, stocks have been under considerable pressure. Indeed, 10-year Treasury yields are at the highest level since...
-
Buying dividend stocks can be tricky. Oftentimes, stocks that pay exorbitantly high dividends have underlying financial problems, and their ...
-
While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consid...
-
If you are looking for reliable dividends, these three Dividend Kings should be right up your alley. Dividends are paid at the discretion of...
-
A strong dividend investing strategy may be to focus on high-quality names that score well on several dividend-related metrics. In other wor...
-
Despite all that work, its valuation remains dirt cheap. That's a big reason why its distribution currently yields more than 9% despite ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.