Published 4 months ago

1 Safe Canadian Utility Stock Offering a Secure Yield

Summary by The Motley Fool Canada

Now is a great time to search for solid high-yielders as the Bank of Canada keeps the interest rate cuts coming. Indeed, the central bank cut rates again today to 4.25% while also commenting on inflation’s cooling. As rates continue trending lower, don’t expect the days of swollen dividend yields to last. Of course, it will take another year or more to see rates down by a significant enough amount to jolt various firms. However, lower rates seem…

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1 Safe Canadian Utility Stock Offering a Secure Yield

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