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The broader stock markets may be viewed as a tad on the lofty side by some. But over here in Canada (the TSX Index), there seem to be a lot of great value plays, some of which may be going for bargain prices.
Undoubtedly, the Canadian stock market also holds some really yield-heavy dividend stocks. Though chasing yield is never a good idea, I view many of the swollen dividends in Canada as more than safe. Of course, investors should put in their own homework to ensure free cash flow generation is enough to sustain a particularly high dividend payout.
In this piece, we’ll check out two commodity-focused dividend stocks that can help fortify an investment portfolio (let’s say a Tax-Free Savings Account, or TFSA, or Registered Retirement Savings Plan, or RRSP) from rockier market conditions. Indeed, many investors have been spoiled over the last few months, with strong gains arising out of the tech…
