
TSE:CDZ
This summary was created by AI, based on 11 opinions in the last 12 months.
The iShares Cdn Div Aristocrats ETF (CDZ-T) has garnered a mix of perspectives from experts, primarily focusing on its performance as a reliable investment for a portion of a retiree's portfolio. The ETF boasts over 90 holdings that have consistently raised dividends over the last five years, which is a key feature that attracts investors seeking stable income. Some analysts emphasize its low management expense ratio (MER) of 0.6% and the historical average return of 7.4% since inception, suggesting it as a strong candidate for dividend-focused portfolios. However, there is a noteworthy preference for other ETFs like XEI among some experts, primarily due to concerns over CDZ's potential volatility and the nature of its dividend growth strategy. Overall, CDZ is recommended as a 'Top Pick' by several analysts, with specific price targets suggesting significant upside potential while maintaining a decent yield around 3% to 3.4%.
Dividend investing is a long term factor strategy and this is one of the granddaddies in the sector. To be classed as Aristocrat, dividends have to have been steady or rising for 5 years in Canada and 25 years in the US holdings. Its fee is a little higher than new products. ZEI-T is perhaps another alternative with a lower fee.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The ETF focuses on good dividend payers and offers good yield with a strong track record. It strategically covers multiple sectors including financials, utilities, energy and real estate. Unlock Premium - Try 5i Free