Scotia Bank is noted as a company that previously offered a yield near 4%, though its current yield and other issues are questioned.
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My 3 favorite high yield stocks right now
The creator discusses three Canadian dividend-paying stocks with yields above 4% and decent dividend growth. The first stock mentioned is Canadian Net REIT (NET.UN), an ultra-small cap REIT focusing on commercial establishments with a 5.5% yield and a recent dividend increase. The second stock is Brookfield Asset Management (BAM), an asset-light version of an alternative asset manager, offering a 4.25% yield.
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Canadian Natural Resources is mentioned as a company that historically offered a yield close to 4%, similar to Scotia Bank.
Brookfield Asset Management (BAM) is the asset-light version of the alternative asset manager, offering a 4.25% yield, though its complexity and recent spin-off warrant caution.
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