5 Best Canadian Dividend Stocks to Buy Now

3. Exchange Income Corporation (OTC: EIFZF)

Number of Hedge Fund Holders: N/A
Dividend Yield: 5.63%

Exchange Income Corporation (OTC: EIFZF) is an airline company that works in the aerospace and aviation services and equipment, and manufacturing businesses across the globe. The company ranks 3rd on our list of the best Canadian dividend stocks to buy now.

Scott Fromson, an analyst at CIBC, raised his price target on Exchange Income Corporation (OTC: EIFZF) shares just this July. The new price target on the stock is $35.78, with Fromson also retaining a Neutral rating on Exchange Income Corporation (OTC: EIFZF).

In the first quarter of 2021, Exchange Income Corporation (OTC: EIFZF) had an EPS of $0.16. The company’s revenue was $239.29 million, beating the previous quarter’s $235.12 million revenue. Exchange Income Corporation (OTC: EIFZF) has also gained 12.11% in the past 6 months and 16.64% year to date.