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iSHARES SP TSX COMP HIGH DIV INDEX ETFXEI.TOPAST TOP PICKAug 07, 2015Stock price when the opinion was issued
As of Jun 19, 2026. Market Open.
Likes it for dividends. Lots of large-cap banks and pipelines. Defensive, fairly conservative. Names like TD, CNQ, RY, SU, ENB. Very good dividend yield of 5.1%. Banks are cheap right now, so potential for a pretty good move up. Once interest rates fall, the telcos in this particular ETF will perform well.
XEI pays a 4.89% dividend yield, trades at an 11x PE and a 0.91 beta. Volumes average 73,300 so daily trading can be a little choppy, but a dealbreaker. XEI charges only a 0.22% MER. If you’re skittish the banks and are an ESG investor, avoid XEI. All others, give this a look. Read Canadian dividend payers for our full analysis.
(A Top Pick July 18/14. Down 14.82%.) This was a dividend play and the problem with it was that it was full of oil. There is nothing wrong with this other than that it has oil. There may be some downside, but he is pretty much holding on for now.