Published on 7 Mar 2024 on Simply Wall St. via Yahoo Finance
Amidst a buoyant session for the Toronto stock market, where sectors such as tech and materials are gaining momentum, investors may find reassurance in the stability offered by dividend-paying stocks. In the current landscape, where the Bank of Canada holds interest rates steady amidst positive economic signals, a good dividend stock combines resilient performance with consistent payouts to shareholders.
Top 10 Dividend Stocks In Canada
NameDividend YieldDividend RatingFirst National Financial (TSX:FN)6.60%★★★★★☆Canadian Imperial Bank of Commerce (TSX:CM)5.43%★★★★★☆Richards Packaging Income Fund (TSX:RPI.UN)3.95%★★★★★☆iA Financial (TSX:IAG)3.79%★★★★★☆IGM Financial (TSX:IGM)6.35%★★★★★☆Royal Bank of Canada (TSX:RY)4.16%★★★★★☆Canadian Natural Resources (TSX:CNQ)4.32%★★★★★☆Savaria (TSX:SIS)3.09%★★★★★☆Primo Water (TSX:PRMW)2.22%★★★★★☆Secure Energy Services (TSX:SES)3.50%★★★★★☆