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As the Canadian economy navigates through a period of potential volatility influenced by global trade dynamics and monetary policy shifts, investors are increasingly turning their attention to dividend stocks on the TSX for stability. In such an environment, a good dividend stock is often characterized by its ability to provide consistent income and withstand economic fluctuations, making it a compelling choice for those seeking reliable returns amidst uncertainty.
Top 10 Dividend Stocks In Canada
| Name | Dividend Yield | Dividend Rating |
| Whitecap Resources (TSX:WCP) | 9.79% | ★★★★★★ |
| SECURE Waste Infrastructure (TSX:SES) | 3.22% | ★★★★★☆ |
| Russel Metals (TSX:RUS) | 4.62% | ★★★★★☆ |
| Royal Bank of Canada (TSX:RY) | 3.85% | ★★★★★☆ |
| Savaria (TSX:SIS) | 3.48% | ★★★★★☆ |
| Olympia Financial Group (TSX:OLY) | 6.86% | ★★★★★☆ |
| IGM Financial (TSX:IGM) | 5.57% | ★★★★★☆ |
| Power Corporation of Canada (TSX:POW) | 4.61% | ★★★★★☆ |
| Acadian Timber (TSX:ADN) | 7.02% | ★★★★★☆ |
| Richards Packaging Income Fund (TSX:RPI.UN) | 6.34% | ★★★★★☆ |
Click here to see the full list of 27 stocks from our Top TSX Dividend Stocks screener.
We'll examine a selection from our screener results.
Evertz Technologies
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Evertz Technologies Limited designs, manufactures, and distributes video and audio infrastructure solutions for production, post-production, broadcast, and telecommunications markets globally with a market cap of CA$793.58 million.
Operations: Evertz Technologies Limited generates revenue primarily from its Television Broadcast Equipment Market, amounting to CA$496.59 million.
Dividend Yield: 7.7%
Evertz Technologies offers a dividend yield in the top 25% of Canadian stocks, with recent quarterly dividends declared at C$0.20 per share. The company's payout ratios indicate that dividends are well-covered by earnings and cash flows, suggesting sustainability despite a historically unstable track record. Recent earnings showed modest growth in net income, reinforcing its capacity to maintain dividend payments. However, past volatility in dividend payments may concern some investors seeking stability.
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Get an in-depth perspective on Evertz Technologies' performance by reading our dividend report here.
Rogers Sugar
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Rogers Sugar Inc. is involved in the refining, packaging, marketing, and distribution of sugar and maple products across Canada, the United States, Europe, and internationally with a market cap of CA$696.69 million.
Operations: Rogers Sugar Inc.'s revenue is derived from its sugar segment, which accounts for CA$1.03 billion, and maple products segment, contributing CA$241.22 million.