Image source: Getty Images
There is still worry about a Canada housing market crash. Many investors fear that even investing in real estate investment trusts (REIT) can get them into trouble. However, there is a way to invest in REITs without the worry of a crash. So let’s take a look at three solid options to consider for any portfolio.
WPT Industrial
The e-commerce industry is booming, and
WPT Industrial REIT (TSX:WIR.UN) has been a prime benefactor. Revenue is up 45% year over year as of the latest earnings report, with the company sitting at around 97% occupancy rate. Meanwhile, the light industrial properties company continues to expand, with now 109 properties in its portfolio.
Image source: Getty Images
With most stocks having recovered from the pandemic, the easy short-term capital gains are gone. This makes it a lot more difficult to figure out whether dividend stocks growth or value are the best to buy now.
Investors have to get back into the long-term mindset that they need to have most of the time when the majority of stocks are trading at or near fair value.
It’s a lot easier to pick winners when the whole market is trading at a discount after a pullback.
With most stocks back to around fair value, it’s about buying the best stocks to own for the long term. And a lot of these high-quality long-term stocks worth an investment today will be dividend stocks.
Image source: Getty Images.
Canadian dividend stocks provide investors with monthly income and stability. In fact, they are a cornerstone of a successful investing strategy. At the Motley Fool, we try to help single out the best opportunities for income-seeking investors.
In this Motley Fool article, I present three of the best Canadian dividend stocks to buy now. They are known for their stability and resilience. And today, they’re yielding very attractive dividend yields. Without further ado, here they are.
BCE stock: Canada’s telecom giant and one of the best Canadian dividend stocks
BCE(TSX:BCE)(NYSE:BCE) stock is currently yielding a remarkable 6%. This is a company that has a multitude of defensive characteristics. For example, BCE is one of the most cash flow-rich companies. It’s also an essential business, because telecom companies are a necessity. Their earnings and cash flows are steady and predictable. Also, they’re pretty economically insen
Image source: Getty Images
Before the crash, the market seemed to be full of high-yield dividend stocks. But today, that situation is incredibly different. When these yields were hard to find, investors sought growth stocks to meet their passive-income needs. However, due to this, many strong dividend stocks have increased in value, including three of the best dividend stocks Canada has to offer.
If you want a high-yield dividend stock, it will take time and research. As well, these stocks tend to be in less-favourable areas such as real estate and the energy sector. But not all of them. If you’re consistent and patient, you can see shares rise in value and find high-yield stocks that also fall right into value territory.
Image source: Getty Images
Amid a low-interest environment, the yields on debt instruments have become unattractive. So, investing in dividend stocks is a convenient and cost-effective means to earn passive income. Further, it does not require huge capital upfront. Let’s look at four Canadian stocks trading under $20 that pay dividends at healthier yields.
Pizza Pizza
My first pick would be
Pizza Pizza Royalty (TSX:PZA). It operates Pizza Pizza and Pizza 73 brand restaurants through franchises. The company’s revenue is based on its franchisees’ sales and not on their profits, thus delivering stable revenue and cash flows. These stable cash flows have allowed the company to pay dividends at a higher yield. It currently pays monthly dividends of $0.055 per share, representing an attractive forward dividend yield of 6.4%.