Based in Halifax, Nova Scotia ... Emera Incorporated (EMA.TO) is a utility I have in my stock portfolio and pays a dividend yield of 5.17% at this time.
Emera is also a Dividend Aristocrat that meets the requirements to be in that list along with 5 years or more of dividend increases. EMA has an ending July ex-dividend date and going back a couple years, they have hiked their dividends in the fall. Hopefully that will continue this year.
EMA pays a quarterly dividend and can also be found in the Holdings list of some popular ETFs that pay monthly such as BMO's ZWU ... BMO Covered Call Utilities. A low cost ETF at under $11 CAD at this time but boasts a 7.82% yield. It holds some of the top utilities in Canada and the US.
Foundation stocks? Probably a good name for them while I research and add other sectors. Can't go wrong with railroads in transportation for example.
These all have a higher weight percentage in the 56 holdings in Vanguard's popular VDY ... Canadian High Yield Dividend Index, which came on the scene in November of 2012. Over 2 billion invested so far. All in one managed package or go with individual stocks picks from that list which many an investor does.
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