Battered dividend stocks may be buying opportunity for investors

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'We've seen a real switch in the market and so it's a bit painful for dividend investors.'

For the first time in years, TD investment advisor Michael Currie is hearing from clients concerned about what he says has been "a bit of a sacred cow" among Canadian investors.

Scotiabank GBM analysts note that the rise in bond yields "has exerted downward pressure on defensive and interest-sensitive sectors, which tend to be the go-to sectors for income." "To put it bluntly, higher bond yields have resulted in price declines for many dividend payers, which has helped lift dividend yields," Basinger wrote.Currie says the decline "is all a factor of interest rates."Currie said that there are "certainly some opportunity to buy the dips" when it comes to dividend stocks.

Scotiabank GBM analysts wrote in a research note last week telling investors "don't lose focus: dividend matters." "We're seeing that the factors driving dividend performance are changing, and I think that's creating an environment where having exposure to different factors becomes important," he said.

‘Tired of the crazy train’: Dave Ramsey tells a frustrated young landlord to ditch the duplex and ‘go get a house’ — 3 ways to invest in real estate without the headaches of having tenantsWhen you look at how much more the province has put into the Canada Pension Plan than its counterparts, it makes senseHere's why Restaurant Brands remains a top long-term holding investors should consider adding to their portfolios right now.

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