Image source: Getty Images
If you’re a value-conscious dividend hunter, the TSX Index is a great place to look, even as Canada tests recession territory, possibly at some point over the next year. Undoubtedly, macro headwinds are quite prominent. But even if Canada falls into a recession, various pundits think it’ll be a mild one. Indeed, even a mild recession could spell trouble for investors provided they overpaid for shares of a company that could face earnings hurdles in the quarters ahead.
Though discretionary stocks are sure to be a choppy ride, I’d much rather be in the defensive plays. Not only are the dividends appealing (who can resist the tasty yields), but they also have pretty defensive growth narratives that may be a little rattled by any sort of coming downturns for the economy.
Without further ado, let’s check out three of my favourite restaurant stocks to play for 2024 and the next 10 years.
