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Unveiling the Best Canadian Dividend Stocks: Meet the TSX Dividend Kings!Travel Stocks for 2022 + 1 Low Risk ETFThis summary was created by AI, based on 8 opinions in the last 12 months.
Vanguard FTSE Canadian High Dividend Yield ETF (VDY) is highly regarded as a solid choice for investors seeking quality Canadian stocks with reliable dividend payouts. Experts point out that the ETF primarily focuses on the banking sector, making it an attractive option for those comfortable with this concentration. The average dividend yield is reported to be between 4.9-5.3%, indicating steady income generation. However, there is some discussion about the level of diversification, with critics noting that its heavy weighting in financials and energy sectors may not suit all investors, particularly those seeking lower risk. Overall, VDY presents a balanced approach for income and potential growth, making it a favorable asset in retirement portfolios.
When you go for high-dividend payers in Canada you get the banks, insurance companies, pipelines, and some of the energy names. Yield will be a bit over 4%. A nice way to play.
Vanguard, iShares, and BMO all have offerings, but they all do it slightly differently. BMO has a covered call version, ZWC. There's ZDV, XDV, VDY. Take a look at them all and see what you like. All have different weights to the components. They're all equally good.
He likes XEI and VDY. Both pay ~5% yield. VDY is about 45% Canadian banks. XEI is a bit more diversified, with 23% Canadian banks as its top weighting.
For income, he prefers these to a covered call strategy. Though the covered call strategies look very attractive, they tend to underperform the underlying securities, especially in a rising equity market. Great if you need the income, but you'll get a better total return with the other.
Vanguard FTSE Cdn High Div Yd. is a Canadian stock, trading under the symbol VDY-T on the Toronto Stock Exchange (VDY-CT). It is usually referred to as TSX:VDY or VDY-T
In the last year, 21 stock analysts published opinions about VDY-T. 7 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Vanguard FTSE Cdn High Div Yd..
Vanguard FTSE Cdn High Div Yd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Vanguard FTSE Cdn High Div Yd..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
21 stock analysts on Stockchase covered Vanguard FTSE Cdn High Div Yd. In the last year. It is a trending stock that is worth watching.
On 2025-04-23, Vanguard FTSE Cdn High Div Yd. (VDY-T) stock closed at a price of $48.07.
Basket of Canadian stocks with dividend quality. A good choice.