
TSE:CDZ
This summary was created by AI, based on 9 opinions in the last 12 months.
The iShares Cdn Div Aristocrats ETF (CDZ) has been consistently highlighted as a top pick by several experts, primarily due to its strategy of investing in over 90 Canadian companies that have demonstrated a stable record of increasing dividends over the past five years. Michael O'Reilly, a notable Stockchase Research Editor, emphasizes CDZ's reliable performance and attractive yield, which has varied slightly between 3.0% and 3.4%. Recommendations to establish stop-loss levels have varied, with suggestions ranging between $38 and $43, while projected upside potential has been noted to fall between 17% and 18%. While comparisons with similar ETFs like XEI reveal some differences in strategy and performance, many experts remain optimistic about CDZ's long-term viability as it continues to attract steady investments while distributing reliable dividends.
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.