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Stock impact report

These 10 TSX dividend stocks offer very attractive yields amid the bear market [Toronto Globe and Mail (Ontario, Canada)]

Morningstar, Inc. (MORN) 
These 10 TSX dividend stocks offer very attractive yields amid the bear market Stocks offering spectacular yields amid the current bear market. If there is any good news about a bear market, it is that depressed stock prices, which elevate yields, offer income-hungry investors a very attractive point of entry. Valuations have not seen these levels in a number of years. For context, today’s median price-to-book ratio on Canada’s largest 115 companies (top one-sixth by size) sits at 1.6 times, very close to the multiple during the financial crisis when it dropped to 1.5. The 30-year median of this figure is close to 2.0. This said, it seems an opportune time for those with capital to deploy to consider picking up a few quality names. Additionally, with the recent surprise interest-rate cuts from the central banks, dividend-paying stocks will appear much more attractive than bonds for those who require an income stream from investments. Although, historically, savvy investors will have l Show less Read more
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