Cardinal Update – May 2023
Dividends Shine A Light In Canada – Canadian investors who aren’t putting their money in dividend-paying companies on the S&P/TSX are missing out on 30 per cent to 40 per cent of their total return, according to new research from CBIC World Markets.
The report, entitled “It’s Raining Dividends in Canada”, found that dividends from Canadian public companies have increased by one-third since 2019 with most of that coming from sectors with “excellent track records of stable dividend contributions”.
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