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Canadian investors continue to seek out dividend stocks during this economic uncertainty. Passive income through dividends certainly provides a lot more security when you’re considering an investment. Plus, you can look forward to sometimes incredibly high dividend yields!
So that’s what we’re going to focus on here today: high dividend yields – companies that offer the highest of the high on the TSX today. But what’s more, let’s look at whether that dividend is worth it in terms of an investment.
Slate Office REIT
First up we have Slate Office REIT (TSX:SOT.UN) with a dividend yield at 14.81%. Now that might look high, but the dividend is at $0.12 per share annually. So that means the current share price is at just $0.81 per share.
That’s quite the drop from 52-week highs at $4.31. So, what happened? It seems the dividend stock dropped from a combination of factors, including declining…
