We will discuss some dividend stocks from the top ten for all those who trade for Canadian citizens. If you want to buy these stocks, then the dividends in these stocks will be very high. They do long-term and short-term trading in any way and are interested in the stock market. This article is going to be very helpful for you because, for all the citizens of Canada, such stocks will be mentioned here, in which you have a hundred percent chance. You all know that investing in dividend stocks and index ETFs is working towards financial freedom. Let us tell you that there is little difference in the dividend income under the Canadian scheme.
You can take it as you wish, but if you want to earn a profit, you should invest at least 60000 dollars to 70000 dollars, and only then you should invest.
Dividend stocks will get profit, but if you are financially ready to invest first, then only you can think about trading. We are talking about top stocks, but you also know there is no guarantee in the stock market. Your money may double, or you may not even get your capital, but if you are financially prepared and your financial condition is good, then you should take the risk and invest in these top stocks and double your money. Receive. All citizens of Canada who want to get information about Dividend Stock 2024 or about which stock is best to buy will be given detailed information here.
Please read this post carefully and understand it. This will make it easier for you to buy stocks, and here, you will be told step by step about the top 2024 stocks that will be best to buy, how you can buy, and any information related to dividend stocks. If you are interested in trading, then you must have also thought that buying such a step will give you more profit. It would be very right to start from this new year. So let us talk to you about this in detail and guide you as to which are the best Canadian dividend stocks in the top ten.
Top 10 Canadian Dividend Stocks
Here, you have been given detailed information about the top Canadian dividend stocks in 2024, which will give you very good returns. It has been discussed here that you get 3% to 8% profit. Dividend growth and price appreciation depend on the stock market, whether the stock prices are rising or falling. If you are from Canada, you will get information about the ten best Canadian dividend stocks in this post.
1. Intact Financial (IFC.TO).
2. Enbridge (ENB.TO).
3. TD Bank (TD.TO).
4. Alimentation Couche-Tard (ATD).
5. Canadian Natural Resources (CNQ.TO).
6. Canadian National Railway (CNR.TO).
7. Fortis (FTS.TO).
8. National Bank (NA.TO).
9. Royal Bank (RY.TO).
10. Granite REIT (GRT.UN).
Intact Financial (IFC.TO)-
Intact Financial (IFC.TO) is one of Canada’s top ten dividend stocks and is provided by Intact Financial and property and casualty insurance coverage. Whenever any accident occurs, this company provides accident insurance. Its purpose is to tell you that more than 16000 employees work in this company and insurance is also provided to all the employees. This Canadian company is among the top companies, and if you buy its stock today, you have more chances of profit. Under this, the company provides business insurance to more than 5 million individuals.
If we talk about the Intact Financial (IFC.TO) company sector, it comes in the financial sector. If you are talking about dividend yield, it gets 2.21% dividend yield; if we talk about the Pi ratio, then the Pi ratio is 26.23. If you buy this company’s stock, you will be in profit, and you have to pay only 58%. If you are thinking about this Canadian dividend stock, then of course you can take it, but to take benefit, you should be 18 years old and have a five-year dividend growth rate, i.e. 9.3%. If you are interested in trading, it is best for this company, and if you trade the shares bought by us, then after selling them, you get huge profits after many years, and at the same time, you also have life insurance on your stock.
Talking about Enbridge (ENB.TO), it also comes among the top dividend stocks in the top list among all the stocks in Canada, and if you want to know about its network. It is the leading North American. It is known as an infrastructure company with about 192,000 miles of natural gas; there is no fixed price. Its area is energy. If we talk about dividend yield, it is 7.67%. If we talk about Enbridge (ENB.TO) company, if we talk about dividend payment, then at least you get 190 percent, and if you talk about the same P ratio, it is 18.8. The part is calculated according to the fear of 5 years, which, if we talk about the sequence of 7.3, then it is necessary to take at least 27 years, and in this, you get a profit of 5 to 7%. The company’s stock also comes if you talk about dividend growth, then you get good, which is between 5% and 7%, which is very good growth.
TD Bank (TD.TO)-
TD Bank (TD.TO) also comes among the top dividend stocks in the top list of all the stocks in Canada. Toronto-Dominion Bank, if we are talking about the country of Canada, is a bank located in Canada and operates in North America. You will be given complete details about it here. Let us tell you that it is number 5 among the banks of Canada. If you want to buy its stock, you will profit; it is more expected, and there are chances. If we talk about the TD Bank (TD.TO) area, it comes in the circular service area; if we talk about dividend yield, it is 4.74%. Talking about TD Bank (TD.TO) company, if you talk about dividend payment, it seems to be 50%, and if you talk about the PI ratio, it seems to be 10.33. The part is calculated according to the fear of 5 years, which is Talking about the sequence of 8.7%. However, this company’s stock also comes among Canada’s best dividend stocks. If you talk about dividend growth, then you will feel good. Is found.
Alimentation Couche-Tard (ATD)-
Talking about Alimentation Couche-Tard (ATD) company, this company comes in the consumer sector, and the highest dividend stock is earned by this company, but let us tell you that the dividend growth of this company last year was very good. According to him, it is not that much this year, but yes, it is believed that in the coming time, in 2024, there may be more growth, and also, if we talk about the credit of growth, then about 14000 convenience stores have been provided across the world. If we talk about the dividend yield here, the dividend yield here is 0.73%, and if we talk about the dividend payment, it will be 13%. The pie ratio will be 1912; if you talk about the year, the dividend growth rate for five years is 21.2%. If you keep buying this stock despite the dividend fast, then you get good returns as well. According to the cyclical dividend, it is a very good option, and if we talk about a dividend increase, it will remain for 13 years.
Canadian Natural Resources (CNQ.TO)-
Canadian Natural Resources is a natural gas- and crude oil-producing company among Canada’s top ten companies. If we talk about dividend stocks, they will be in the top ten in 2024, and in such a situation, if you want to invest in this company, If we talk about the field, energy comes into the field. Although you receive dividend payouts at an impressive 11% growth rate, it is expected to reach $10 billion per quarter if you invest in 2024. By the way, you also know. Nothing is fixed in the stock market, but this much is being expected. This company’s dividend yield is 4.37%. Here, the payout ratio will be 53%. The pie ratio of this company will be 1451% if your year’s profit will be five years and your growth rate is 23 percent Canadian Natural Resources (CNQ.TO) that if we increase the dividend for at least 22 years, instead of cutting the dividend like the energy company of this company, you are given profit here.
Canadian National Railway (CNR.TO)-
Canadian National Railway (CNR.TO) is one of Canada’s top profitable dividend stocks. In this company, you will get all these stocks along with Prince Rupert and Toronto, Edmonton, Winnipeg, Calgary, Chicago etc. A Canadian company, and if we talk here the company comes in the industrial sector, and if you are talking about dividend yield, it Comes to 2.08%. The dividend payout ratio is 43%, and talking about the pie ratio, 20 points 31 dividend growth will last you 27 years, and the five-year dividend growth rate is 12.2%. The dividend stock of this company will also be best for 2024. You can also take this plan from a top company in Canada and make a profit. If we talk about the production line, it did not give more than 25%, but it is expected in 2024. It’s being done.
Also known as Gas Utility Holding Company and Electronic Company, this company includes gas regulating utilities. Many different types of heads are made in this company. If you take stock of these companies, you will always be in profit, and if we talk about dividend yield, it will be 4.15%, and if we talk about pie ratio, it will be 20.47. If we talk about Fortis (FTS.TO) Canada Company’s dividend payout ratio, it will be 83.7. % And if we talk about the year of beneficiary, the increase will be five years, and the increase rate will be 6%. The dividend growth cycle of Fortis (FTS.TO) is 50 years. You can get a profit by buying the stock of this company.
National Bank (NA.TO)-
If you buy the stock of National Bank Company in Canada, it is best in 2024 because it has a 62 percent contribution here and comes from the National Bank of Canada. Its name is also known as the National Bank of Canada. All the citizens of India must know this bank and its stock are going to be very profitable in 2024. The National Bank (NA.TO) sector comes from the financial services sector, and the dividend yield is 4.6%, the dividend payout ratio of this company is 44%, and the pie ratio is 9.51. The growth rate is 9.7%, and the dividend growth years of this company is 13 years. If you know that in 2023, there was a decline in its stock, its stock price will increase in the coming time, hence this company. Buying stocks will give you a lot of profit.
Royal Bank (RY.TO)-
Royal Bank (RY.TO) comes among Canada’s top 10 dividend stocks. If you buy this bank’s stock and invest money, you will get a very high profit. Let us tell you that if you invest money in this bank. So 24% will come from the capital market, and 19% of your money will come from management, and in such a situation, if you see the profit, it is directly doubling. For Royal Bank (RY.TO), if you buy the stock of this bank, then 5% of it will come through insurance, and 5% if you invest, then you will get it through treasury services. All this profit will be given to you through this bank. So they are. If we talk about the Royal Bank (RY.TO) in the financial services sector, the dividend yield is 4.65%, the dividend payout ratio of this company is 47.7%, and the pie ratio is 11.1 in the last five years. The growth rate is 7.3%, and the dividend growth years of this company is 12 years. If you know that in 2023, there was a decline in its stock, its stock price will increase in the coming time for this company. Buying stocks will give you a lot of profit.
Granite REIT (GRT.UN)-
Granite REIT (GRT.UN) is one of the top companies in Canada. If you buy the stock of this company, then you get a lot of profit because this company is for development. If we talk about the sector of Granite REIT (GRT.UN), it falls in the industrial REIT sector, and its dividend yield is 4.71%, the pie ratio is 7.52, the maturity period is five years, and the growth rate is 3.5%. The company’s dividend growth years would have been 12 years. Granite REIT (GRT.UN) comes among Canada’s top 10 dividend stocks, which will be very profitable if you buy in 2024. All these stocks will be profitable for all the citizens of Canada.
Conclusion- This post will be very helpful for all Canadian citizens interested in trading and wanting to know about the top dividend stocks in 2024. If you want to buy the stocks of these companies, then you will get very high profits because they have been estimated here according to 2024 and previous years. So this time, everyone who trades hopes they will make a profit.