There is a strong culture of dividend investing in Canada, partly due to the prominence of sectors such as banking, utilities and telecommunications, which traditionally pay higher dividends than other industries. Dividends give a mix of growth and income, which helps protect against rising prices and market ups and downs. This week, we screened for outperforming Canadian stocks that have attractive dividends.
To find stocks with attractive dividend levels, we screened for dividend yields of 3 per cent or more.
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