Written by Andrew Walker at The Motley Fool Canada
The TSX rally that occurred in the fourth quarter of last year caught many investors by surprise. Those who missed the surge are wondering which top Canadian dividend stocks might still be oversold and good to buy for a Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on dividends and total returns.
Bank of Nova Scotia
Bank of Nova Scotia (TSX:BNS) trades for close to $62 per share at the time of writing compared to $93 nearly two years ago at the peak of the rebound that occurred after the pandemic crash.
The new chief executive officer, who took the reins a year ago, has already made significant changes at the senior levels of the company and reduced staff by 3%. The bank will shift its growth focus away from South America, where it has invested heavily in Chile, Colombia, and Peru, to opportunities in Canada, the…
