Long-term Dividend

Good sectors to invest with high yield rates are Canadian banks. Also, utilities, energy and telecom have been depressed, making yield ratios high. The Globe and Mail has an article on long-term dividend strategies.

Kash Pashtoon on Dividends

What’s a long-term dividend play? Spread it among the Canadian banks but not just one. This lessens risk. CIBC is the cheapest. Also buy BNS because they’ve been beat up and the price is low, then RY or TD for their US exposure,

To lessen the risk, spread it among several CA banks.The recommendations are CIBC, BNS and RY or TD, which have US exposure.