Previous close | 37.74 |
Open | 37.33 |
Bid | 37.28 x 0 |
Ask | 37.30 x 0 |
Day's range | 37.00 - 37.72 |
52-week range | 33.38 - 47.39 |
Volume | |
Avg. volume | 178,226 |
Market cap | 2.24B |
Beta (5Y monthly) | 1.53 |
PE ratio (TTM) | 9.41 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.68 (4.51%) |
Ex-dividend date | 29 May 2024 |
1y target est | N/A |
As global economic fluctuations continue to pose challenges, the Canadian market remains a focal point for investors seeking stability and growth. Dividend stocks on the TSX are particularly appealing as they offer potential for regular income alongside opportunities for capital appreciation. In this context, understanding what constitutes a robust dividend stock is crucial, especially considering current market dynamics and economic indicators.
The Canadian market has shown resilience, remaining stable in the past week and achieving a 12% increase over the last year, with earnings expected to grow by 14% annually. In this environment, dividend stocks like Power Corporation of Canada can be particularly appealing for investors seeking steady income and potential growth.
As the Canadian market navigates a landscape of shifting economic indicators and monetary policies, particularly influenced by U.S. inflation trends and Federal Reserve decisions, investors are closely monitoring how these factors impact market stability and investment opportunities. In this context, understanding what constitutes a resilient dividend stock becomes crucial, especially when considering the broader economic uncertainties and their potential effects on corporate earnings and...