It is difficult to find safe investments with 3%+ dividend yields and solid growth prospects.
Many equities today are priced on the rich side of valuations resulting in lowered dividend yields. Low interest rates have made bonds a poor value for income seeking investors.
The benefits of investing in high quality stocks with above average yields and good growth prospects - trading at fair or better prices - are well-known to long-term investors.
What if you could quickly identify an entire group of these stocks? This article takes a look at one such group the market is overlooking:
The Canadian banking sector.
There are 3 large Canadian banks that rank as a 'Buy' using The 8 Rules of Dividend Investing.
This article gives an overview of the favorable investment prospects of the Canadian banking system. It also analyzes 1 of the 3 highly ranked Canadian Banks in detail: Bank of Nova Scotia (NYSE:BNS).
To read the full article, click here BNS.
Disclosure: I am/we are long TD, RY AND MAY INITIATE A POSITION IN BNS.