10 Best Canadian Dividend Stocks To Buy and Hold

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  1. Enbridge Inc (USA) (NYSE:ENB)

– Owned by 23 Hedge Funds

– 4.32% Dividend Yield

Energy generation and distribution company Enbridge Inc (USA) (NYSE:ENB) was also owned by 23 hedge funds on March 31. The stock sports the highest dividend yield among those featured in this article, with it having been raised by over 50% over the past five years while its stock has actually dipped slightly. Despite shares being stuck in neutral, several analysts still don’t see much upside at their current valuation. Nonetheless, the stock’s forward yield should certainly make it attractive to income investors.

KRITSANA NOISAKUL/Shutterstock.com

KRITSANA NOISAKUL/Shutterstock.com

Follow Enbridge Inc (NYSE:ENB)

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