Goeasy and Stelco are among Q4 2023’s high-yielding winners.
Dividend-paying stocks that combine healthy balance sheets with hefty yields can provide investors with steady incomes, cushion against market downturns, and grow investments at a healthy clip.
In the fourth quarter of 2023, the top-performing dividend-payers included credit services firm Goeasy GSY, steel firm Stelco STLC, and gold company Kinross Gold K.
To find the quarter’s 10 best-performing income-focused stocks, we screened the Morningstar Canada Index—which measures the performance of Canada’s broad regional markets, targeting the top 97% of stocks by market capitalization—for companies with a forward dividend yield of at least 1.5%, excluding real estate investment trusts.
