Best Canadian Dividend Stocks by Dividend Growth Investor. Canadian dividend stocks seems to be having characteristics that make them similar to their US counterparts. First, most Canadian stocks pay a regular distribution every quarter. Second, most Canadian blue chips pay a stable or rising dividend. This is unlike most European companies for example, which typically target a payout ratio based off earnings. Last, US investors get 15% of their Canadian dividend income withheld at the source. At tax time however, US investors get an offsetting credit against this tax withholding in taxable accounts. So the net effect is zero for most high income investors.
Here are the best Canadian dividend stocks:
Related Stock Ticker:
CRXIF.PK, CDUAF.PK, CJREF.PK, IFCZF.PK, RCI, SHDMF.PK, TMTNF.PK, TCLAF.PK
Source: Dividend Growth Investor