Previous close | 24.80 |
Open | 24.60 |
Bid | 25.00 x 30000 |
Ask | 25.40 x 30000 |
Day's range | 24.60 - 24.60 |
52-week range | 20.40 - 28.00 |
Volume | |
Avg. volume | 0 |
Market cap | 5.931B |
Beta (5Y monthly) | 1.57 |
PE ratio (TTM) | 11.23 |
EPS (TTM) | 2.19 |
Earnings date | 31 July 2024 - 05 Aug 2024 |
Forward dividend & yield | 1.53 (6.24%) |
Ex-dividend date | 28 June 2024 |
1y target est | N/A |
Prerna Mathews, VP, ETF Product Strategy, Mackenzie Investments, and her team joined Keith Wu, Head, Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of three new ETFs: the Mackenzie Global Dividend ETF (TSX: MGDV), the Mackenzie Canadian Low Volatility ETF (TSX: MCLV), and the Mackenzie US Low Volatility ETF (TSX: MULV).
In recent months, the Canadian market has shown resilience amidst global economic fluctuations, with particular interest in sectors that promise steady dividends. In this context, understanding what constitutes a strong dividend stock is crucial, especially given current market dynamics which favor financial stability and consistent yield.
The Canadian market has shown robust growth, climbing 1.1% in the last week and achieving an 11% increase over the past year, with earnings expected to grow by 14% annually. In such a thriving environment, dividend stocks that offer consistent payouts can be particularly appealing for investors looking to capitalize on current market conditions.