Q: Hello 5I,
Just wondering if there are many stocks out there right now that are dividend growers and have a yield of 6% plus? and do you like any other them as picks longer term?
Thanks
Just wondering if there are many stocks out there right now that are dividend growers and have a yield of 6% plus? and do you like any other them as picks longer term?
Thanks
5i Research Answer:
In Canada we found 63 securities with market cap of more than $500M and yield of more than 6%. Many are covered call ETFs and energy companies. Excluding these, of the companies, we would consider these interesting: BCE, BNS, ENB, SPB. Other than SPB, the others have 'decent' dividend growth records.