International Dividend Stocks: A Look at Canadian Financials

In yesterday’s post, I discussed some of the major benefits that I see in owning foreign paying dividend stocks that are listed on U.S. exchanges. I will try to take a look at a few different countries but one of the more obvious ones (but still easy to overlook) is Canada. When looking, I started by taking a deeper look into countries that had attractive currencies in the long term and then following up with a look for solid dividend candidates. So why Canada? The Canadian economy and its currency, the dollar (often referred to as the loony) are set to enjoy a relatively good time in the next few decades. Why? Here are some of the reasons: Economy is already going strong and did not require much stimulus in the recent downturn. The central bank and federal governments have very limited debt and have actually been enjoying budget surpluses.... Read more