Looking for Canadian dividend stocks on the TSX with a minimum yield of 3.1%? Look no further! Here are three top picks to consider.
1. Telus Corporation (TSX: T)
Telus Corporation is a leading telecommunications company in Canada, offering a diverse range of services to consumers and businesses. With a current dividend yield of over 4%, Telus is a strong contender for income-focused investors.
2. Bank of Nova Scotia (TSX: BNS)
As one of Canada’s largest banks, Bank of Nova Scotia offers stability and growth potential for investors. With a dividend yield of over 4%, this bank stock is a reliable choice for those looking for steady income.
3. Enbridge Inc. (TSX: ENB)
Enbridge is a major player in the energy sector, operating pipelines and other energy infrastructure across North America. With a dividend yield of over 6%, Enbridge offers investors a high yield along with growth potential.
These Canadian dividend stocks on the TSX with yields of at least 3.1% are worth considering for investors looking to add income-generating assets to their portfolio. Remember to do your own research and consult with a financial advisor before making any investment decisions.