5 Canadian Dividend Stocks for Steady Income

3. Corus Entertainment Inc. (OTC:CJREF)

Number of Hedge Fund Holders: N/A

Dividend Yield as of April 1: 4.91%

Corus Entertainment Inc. (OTC:CJREF) is a Toronto-based multinational mass media company that operates television networks and radio stations in Canada and internationally. 

On January 13, Corus Entertainment Inc. (OTC:CJREF) announced a C$0.06 per share quarterly dividend, in line with previous. The company also declared a Class A quarterly dividend of $0.0588 per share, which was paid to shareholders on March 31. The stock delivers a dividend yield of 4.91% as of April 1. 

National Bank analyst Adam Shine reiterated an Outperform recommendation on the shares but lowered the price target on Corus Entertainment Inc. (OTC:CJREF) to C$6.50 from C$8 on March 23.