Investors often turn to dividend stocks for a reliable source of income. However, while the average dividend growth rate in the Canadian market was about 6.3% last year, not every company meets this standard. Companies like Aura Minerals, which have seen their dividends decline over time, present a higher risk and may not be ideal for those seeking dependable dividend growth.
Top 10 Dividend Stocks In Canada
|
Name |
Dividend Yield |
Dividend Rating |
|
Bank of Nova Scotia (TSX:BNS) |
6.78% |
★★★★★★ |
|
Whitecap Resources (TSX:WCP) |
7.29% |
★★★★★★ |
|
Enghouse Systems (TSX:ENGH) |
3.45% |
★★★★★☆ |
|
Boston Pizza Royalties Income Fund (TSX:BPF.UN) |
8.48% |
★★★★★☆ |
|
Secure Energy Services (TSX:SES) |
3.30% |
★★★★★☆ |
|
Royal Bank of Canada (TSX:RY) |
3.90% |
★★★★★☆ |
|
Russel Metals (TSX:RUS) |
4.51% |
★★★★★☆ |
|
Canadian Natural Resources (TSX:CNQ) |
4.31% |
★★★★★☆ |
|
Canadian Western Bank (TSX:CWB) |
3.23% |
★★★★★☆ |
|
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