4th Jan 2021

Interesting dividend stocks in Canada

Stock mentioned in this article
Algonquin Power & Utilities Corp.
6.98%
dividend yield
CA$8.47
per share
AQN:TO
Ticker

We have recently integrated the Toronto stock exchange into Dividend.watch enabling thousands of Canadian dividend stocks to be used in our dividend calculator and portfolio tracker. If you not sure where to start with your investing research, we created this small list of 4 dividend stocks and 1 REIT which are listed on TSE and provide solid dividend income.

This power and utility company has two main subsidiaries: Liberty Utilities (85%) and Liberty Power (15%). Algonquin’s utility business serves around 800,000 customers across the U.S., through more than 12,000 km of electricity wires and 7,500 km of gas lines. Algonquin Power has more than 50 power plants and 20 utility businesses across North America in total.

As a growing renewable energy company, Algonquin Power owns a direct or indirect equity interest in more than 35 clean energy facilities including wind, solar, hydroelectric, and thermal power plants.

Canadian Imperial Bank Of Commerce
5.44%
dividend yield
$47.54
per share
CM:NYSE
Ticker

We have recently integrated the Toronto stock exchange into Dividend.watch enabling thousands of Canadian dividend stocks to be used in our dividend calculator and portfolio tracker. If you not sure where to start with your investing research, we created this small list of 4 dividend stocks and 1 REIT which are listed on TSE and provide solid dividend income.

Canadian Imperial Bank is one of the "Big Five" banks in Canada. The bank is headquartered in Toronto, Ontario. It was originally established in Toronto on June 1, 1961, by merging the Canadian Bank of Commerce and the Imperial Bank of Canada.

The Bank has four strategic business units: Canadian Personal and Small Business Banking, Canadian Commercial Banking and Asset Management, US Commercial Banking and Asset Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and the United Kingdom. CIBC serves more than eleven million clients and has more than 40,000 employees.

Great-West Lifeco Inc.
5.25%
dividend yield
CA$40.32
per share
GWO:TO
Ticker

We have recently integrated the Toronto stock exchange into Dividend.watch enabling thousands of Canadian dividend stocks to be used in our dividend calculator and portfolio tracker. If you not sure where to start with your investing research, we created this small list of 4 dividend stocks and 1 REIT which are listed on TSE and provide solid dividend income.

Great-West Lifeco operates as a holding company for six subsidiaries that sell insurance and financial services across Europe, Asia, and North America. It offers a wide range of life and health insurance options, including health insurance products, disability, and critical illness insurance products. Other major areas of business include investment services, savings, and pension products, pension plans, asset protection, and administration services. Great-West Lifeco's subsidiaries also participate in international reinsurance markets.

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