Updated: October 27, 2015
With the S&P 500 yielding a measly 2.1%, where’s an income investor supposed to look these days?
I’ll tell you where. A place where the dividends flow like maple syrup, and the companies raise their payouts not once but twice a year. I’m talking about a little place called Canada.
Investors loved the Looney and everything else Canadian when crude oil was trading hands for triple-digits. It wasn’t too long ago (January 2013) that the Canadian dollar was more valuable than its U.S. counterpart. It’s shed 25% against the greenback since.
Canadian stocks peaked 18 months later than its currency (about this time last year).… Read more