TSX 60 Dividend Yield and Ex Dividend Date

Wow! What a crazy end of the month on the TSX60 !?! I don’t know about you, but my portfolio took a huge jump from the past 3 days! I must admit it feels good after losing so much money during the last 2 weeks!

Since it was a big month, I’ve decided to make an exception and post a third article this week in order to publish the TSX 60 Dividend yield, Ex-Dividend date and Dividend Payout.

Some thoughts on Canadian stocks:

Sunlife (SLF) is now on the top of the list (#2) with a 7.8% dividend yield. Even though the dividend payout ratio is low (50.94%), I would be careful with that stock. I’ve read rumors on The Globe & Mail that SLF could cut its dividend next year. Insurance companies have always been a bit scary too me and even more after 2008! At Canadian Dividend Stock, I’ve covered SLF with more info. You can also take a look at other Canadian insurance companies.

Loblaw (L) seems to be in a good position. It is currently in the 29^th position for the best dividend payers among the TSX 60. With a dividend yield of 2.27% and a dividend payout ratio of 34%, this is certainly a “safe stocks”.  Loblaw is Canada largest food retailer and have a EPS above the average of its industry. Read the full L stock analysis here.

TD Bank (TD) appears as one of financial analyst’s favorite among banks. It’s the second largest bank in Canada in term of assets and has a earning volatility lower than its peers due to less exposition to capital markets. It is also the most risk productive bank in Canada. Read the full TD stock analysis here.

Overall, I’m glad to see that my picks (NA, BNS, T, HSE) are among the top 20 dividend payer of the TSX 60 ;-).

So without further delay, here’s the TSX 60 Dividend Chart: