Written by Jitendra Parashar at The Motley Fool Canada
The Canadian stock market has been volatile in the last year as investors grapple with uncertainty about inflation, monetary policy, and geopolitical tensions. Despite a significant rally among many growth stocks over the last six months, fueled by growing expectations of interest rate cuts in the near term, there’s still a risk that prolonged high rates could push these stocks down once more.
In such uncertain economic times, you may want to consider adding some reliable dividend stocks to your portfolio right now, which can reduce your overall risk and provide you with a steady income stream even amid temporary market downturns. Here are two of the best Canadian dividend stocks you can buy hand over fist in March 2024, as they offer sustainable dividends and strong growth prospects.
A top dividend-paying Canadian bank stock
The first dividend-paying…
