Q: Good day. Can you please recommend a “conservative” stock paying at least a 6% yield with a consistent history of dividend increases. Also looking for capital appreciation of 3-4%/yr. Sector allocation isn’t an issue. Thanks a lot
5i Research Answer:
These are tough criteria; only 14 companies above $2B market cap have yields at 6%+ in Canada. We would side with ENB for the requirements in the question.