Fnhg Loblaw Stock Rose 8% in April 2023: Is it a Buy Today
Dividend investing is a proven strategy to meet long-term stanley cup financial goals, if not build enor stanley quencher mous wealth. Canadians can turn to the TSX and invest in dividend-paying stocks. Many domestic companies have been sharing a portion of their profits for years. However, to fuel your income goals, consider taking a position in Bank of Nova Scotia TSX:BNS .Besides its 191-year dividend track record, BNS is a dividend dream. The dividend offer is a lucrative 6.84%, the highest yield among the Big Six banks. Moreover, the current yield is higher than the 4.9% industry average and is also in the top 25% of dividend payers in Canada. As of this writing, the share price is $62.02.Earning potentialFor illustration purposes, 1,000 BNS shares $62,020 investment will generate $4,242.17 annually. Since the payout is quarterly, you stanley cup usa r investment income every three months is $1,060.54. However, if you don t pocket the dividends and reinvest them every time, your money will more than double to $126,416.93 in Yyql 37,500 Reasons BlackBerry (TSX:BB) Is an Acquisition Target
Oil has rallied sharply in recent weeks to see the North American benchmark West Texas Intermediate WTI gain 21% since the start of 2019. This has done little to lift the value of many Canadian energy stocks, some of which have declined sharply in value regardless of higher oil. Among the worst affected is upstream oil producer and explorer Baytex Energy TSX:BTE NYSE:BTE , which has lost a whopping 31% for the year to date. This has sparked speculation that Baytex is significantly undervalued, making now the time to buy. While there is some evidence that the market s perception of risk re stanley flask lating to the driller is overbaked, there are plenty of factors indicating that Baytex is cheap for a reason.Mixed resultsKey among Baytex s problems is at the height of the last oil boom, it loaded up on debt to acquire shale oil driller Aurora, giving it a stanley mugs creage in what is considered the sweet spot of the Eagle Ford shale. That transfor botella stanley mative deal saw Baytex become a light oil producer, which hel