Previous close | 0.00 |
Open | 28.15 |
Bid | 28.41 x 40000 |
Ask | 28.46 x 40000 |
Day's range | 28.15 - 28.16 |
52-week range | 22.14 - 31.46 |
Volume | |
Avg. volume | 14,174 |
Market cap | 6.788B |
Beta (5Y monthly) | 1.56 |
PE ratio (TTM) | 12.18 |
EPS (TTM) | 2.34 |
Earnings date | 07 Aug 2024 |
Forward dividend & yield | 1.64 (5.83%) |
Ex-dividend date | 28 Jun 2024 |
1y target est | N/A |
Amidst the backdrop of fluctuating markets and shifting economic indicators, Canadian investors continue to seek stability and potential growth opportunities. Dividend stocks, particularly those well-positioned within the TSX, offer an appealing avenue for those looking to navigate the current landscape of moderating interest rates and broadening market leadership.
As central banks like the Bank of Canada initiate rate cuts in response to softening economic indicators and cooling inflation, investors may find this evolving landscape influential on market dynamics. In such an environment, dividend stocks could be particularly appealing for their potential to offer steady income streams and relative stability amidst broader market fluctuations.
Amidst a backdrop of cautious interest rate cuts by the Bank of Canada and a pause from the Federal Reserve, Canadian consumers are navigating an economic landscape marked by both burgeoning household wealth and increasing financial pressure on lower-income groups. As consumer sentiments show signs of strain despite strong market indices and ongoing economic expansion, investors might consider the stability offered by high-yielding TSX dividend stocks, which can provide consistent returns in...