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Stock impact report

A Canadian Dividend Stock Down 17% to Buy Forever [Globe and Mail, The (Toronto, Canada)]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
There are more than a few reasons for that. First, there's the appeal of owning a Canadian dividend stock that provides a reliable yield. Then there's also the defensive appeal of telecom stocks themselves. But which telecom is the ideal Canadian dividend stock to own right now? Enter Telus TSX:T Telus is one of the big telecoms and boasts a portfolio of subscriber-based services that generate a reliable and recurring source of revenue. That revenue stream has allowed Telus to pay out one of the best dividends on the market for well over two decades. But despite the defensive appeal of providing essential services, the stock has struggled in recent years. In fact, the stock is down a whopping 17% over the past year. As the stock price has dipped, Telus's yield has swelled. Does this make Telus a good opportunity right now? Why Telus is down 17% The recent share price dip is tied to larger macroeconomic pressures rather than a company-specific failure on the part of Telus Show less Read more
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