These 3 Canadian Dividend Stocks Are Timeless Gems

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Written by Chris MacDonald at The Motley Fool Canada

Are you an income investor and looking forward to investing in some of the best dividend stocks Canada has to offer?

Well, the good news is that there are plenty of options to choose from. In this article, I’ve picked three defensive companies with solid cash flows and dividend yields (as well as dividend-growth potential) to consider.

Let’s dive in!

Royal Bank of Canada

Royal Bank of Canada (TSX:RY) is the largest bank in Canada and one of the top 10 in the world. In terms of its market capitalization, it ranks among the leading banks in the world and is the largest company in Canada. RBC offers an extensive range of financial services such as insurance, wealth management, capital market services, treasury, etc. RBC primarily has its presence in Canada but also operates in Europe, the United States, and other countries.

RBC’s value really comes from its…

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