This is our monthly update on the TSX 60 dividend yield and ex-dividend date. Here are a few observations for this month:
Have you seen Magna International (MG) soars during Q1? It’s up 40%! (I’ve picked it for my 2012 Best Dividend Stocks eBook back in January!)
Both Loblaws (L) and Weston (WN) offer good dividend and low payout ratio. In addition to that, they are both linked together (Weston owns Loblaws).
I’ve read a recent article about Canadian Banks and they were saying that the most international ones should do better in 2012 if the Canadian economy was to slowdown. Their top three was TD Bank (TD), ScotiaBank (BNS) and Bank of Montreal (BMO).
Canadian Oil Sands (COS) shows a great dividend yield (5.70%) with a low payout ratio (46.59%). I think it’s worth looking into it.
Here’s the complete TSX 60 dividend yield and Ex-dividend Date:
DG I agree with you on COS and BMO. The only thorn for COS however is a slow-down in the Chinese economy, but if you are already diversified, then COS may indeed be a good buy point.
I currently have BMO, FTS, and CNR on my watchlist
Cheers