All you have to do is look north, to Canada, where there are plenty of top-flight dividend stocks on sale now, like the two I’ll name a little further on.
I know that when most US investors think of Canada, they think of oil and gas—not exactly the best place to be right now. (And these days, some of us may be looking to our northern neighbor as a refuge if Donald Trump wins the presidency.)
But here’s what you may not know: the energy sector, important as it is, only accounts for 10% of Canada’s GDP. Beyond that wild industry, you’ll find a grab bag of stocks with high, safe yields. Just look at the current yield on their main stock exchange, the S&P/TSX Composite Index. Right now, it sits around 3%, or about 30% more than the S&P 500, at about 2.3%. Continue Reading at Contrarian Outlook...