What are we looking for? Dividend stocks with the capacity to grow their payments. A string of promising U.S. economic results led to heightened speculation about the timing for rate hikes, but Janet Yellen’s promise to be patient reassured markets on Wednesday. Given persistent U.S. unemployment and low inflation, the U.S. Federal Reserve chair said the central bank would take a measured and gradual approach to normalizing monetary policy.
The 17 Canadian stocks that met our criteria all represent dividend strength – past, present and future. The financial sector is the best represented, and four of the Big Six banks made the list (plus Laurentian Bank of Canada). Neither Canadian Imperial Bank of Commerce nor Bank of Montreal had sufficient dividend growth. Both the telecommunications and information technology sectors had just one dividend champion on the list: Telus Corp. , and Evertz Technologies Ltd. , which supplies audio and video hardware and software to broadcasters. Suncor Energy Inc. was the only large integrated energy company to meet all the conditions, and while the stock has declined sharply amid the oil selloff, Suncor distributes less than half of its profits as dividends.
Source: Globe and Mail
Related Articles:
- 7 Dividend Stocks Headed In The Right Direction
- Who Owns The Top Dividend Stocks?
- 6 Big-Name Dividend Stocks Crushing The S&P 500
- 3 Higher-Quality, High-Yield Dividend Stocks
- 13 Dividend Growth Stocks With A Good Yield/Growth Mix
_____________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Do you need more income? Join the crowd. It seems everyone is scouring the landscape these days for decent income investments to beef up the...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Investors hear about dividend aristocrats all the time. It’s a fantastic thing if a company raises its dividend every year for 25 years runn...
-
While I've invested a decent portion of my portfolio into growth stocks, a significant part of my holdings consists of dividend-paying s...
-
Stocks can make for amazing investments, offering better long-term returns than bonds, precious metals, and most other commonly available in...
-
All too often when a cheap stock offers a high dividend yield, it's too good to be true. Perhaps the stock has plunged with good reason,...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
To alert investors of stocks that have the highest risk of reducing their current dividend in the future, Simply Safe Dividends created a Di...
0 comments
Post a Comment
Post a Comment