5 Canadian Dividend Stocks to Buy

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In this article, we will be taking a look at 5 Canadian dividend stocks to buy. To read our detailed analysis of dividend investing, you can go directly to see the 10 Canadian Dividend Stocks to Buy.

5. Suncor Energy Inc. (NYSE:SU)

Number of Hedge Fund Holders: 32

Dividend Yield: 4.6%

Number of Years of Dividend Increases: 1

Suncor Energy Inc. (NYSE:SU), an integrated energy company, works to develop petroleum resource basins in Canada’s Athabasca oil sands. It also acquires and develops crude oil to transport and market in Canada and internationally.

An Outperform rating was kept on Suncor Energy Inc. (NYSE:SU) shares this November by analyst Jason Bouvier from Scotiabank.

Suncor Energy Inc. (NYSE:SU) was among the more popular Canadian dividend stocks that elite hedge funds were piling into in the third quarter, with 32 hedge funds holding stakes in the company worth $1.1 billion.

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