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-0.000320478581348159 -0.000106826193782618 0.000961435744044476 0.000961435744044476 0.0024570024570025 0.00384574297617775 -0.000854609550261706 -0.00169639995726952
Stock impact report

3.4% Dividend Yield: I'm Buying This TSX Stock and Holding Forever! [Yahoo! Finance Canada]

Brookfield Corporation Class A Limited Voting Shares (BN) 
Dividend investors often gravitate toward high-yield stocks, but chasing big payouts can backfire. A yield that looks too good to be true often signals underlying business risks or the possibility of a dividend cut. So, how does an investor distinguish between a bargain and a trap? One way is to look at how a stock's yield compares to its peers — and to the broader market. Using iShares S&P/TSX 60 Index ETF as a proxy, the Canadian market currently yields roughly 2.6%. When a stock's yield sits far above that level, caution is warranted. But when a company offers a modestly higher yield, supported by durable cash flows and strong long-term growth prospects, it's often a sign of a true long-term compounder. That's exactly why I'm buying Brookfield Asset Management TSX:BAM ) — and why I plan to hold it forever. A rock-solid dividend from a global giant Brookfield Asset Management isn't your typical dividend stock . With a yield of about 3.4%, it doesn't scream “high income” — a Show less Read more
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