08-05-2021, 10:50 AM
Now this is a good topic. I firmly believe there are still, even at today's valutions, some relatively solid 4-5% yielders out there. 4-5% is still at the level where a good company can keep paying, and raising, the dividend steadily while still having enough free cash flow keep investing and growing their business. And they won't have to reduce the dividend at the first sign of trouble.
BCE is in the telecom space and has a safe, slowly growing yield of 5.60%. I used to own this for ages but sold due to low growth.
CM is a large Canadian bank with probably one of the fanciest dividend growth track records in the history of the stock market. Sure, sometimes they skip a raise (such as in 2008/2009) so they are not a dividend aristocrat. But from what I can tell they haven't cut the dividend a single time in the 150+ years they have been paying a dividend. Current yield is at 4%. One of my largest holdings.
AQN is the newest addition to my portfolio. A risky utility with exposure to both the transmission side of thing and generation from renewables. Yield 4.3% Tiny position here.
BCE is in the telecom space and has a safe, slowly growing yield of 5.60%. I used to own this for ages but sold due to low growth.
CM is a large Canadian bank with probably one of the fanciest dividend growth track records in the history of the stock market. Sure, sometimes they skip a raise (such as in 2008/2009) so they are not a dividend aristocrat. But from what I can tell they haven't cut the dividend a single time in the 150+ years they have been paying a dividend. Current yield is at 4%. One of my largest holdings.
AQN is the newest addition to my portfolio. A risky utility with exposure to both the transmission side of thing and generation from renewables. Yield 4.3% Tiny position here.