As we look forward to a new year, it’s time to update our list of Best Canadian Dividend Stocks for January 2024.
- Dividend Yield
- Dividend Growth Consistency
- Earnings Per Share
- Overall Company Revenues
Click here to jump straight to my top 10 dividend picks for January 2024.
Given the great year that non-dividend tech stocks had in 2023, it might have gotten lost that our Canadian dividend stock picks had a very solid year as well. With interest rates looking to come down in 2024, I’d argue that our 2024 Canadian dividend stock recommendations have excellent prospects.
As folks start to move back into low-risk, income-oriented assets, from super-safe GICs and high interest savings accounts, there should be solid momentum for railways, banks, pipelines, etc.
That said, given the relatively strong earnings picture, the rapid decrease in inflation, and reasonable Canadian valuations (especially…
