Five dividend stocks to buy and hold

As a portfolio manager at Lincluden Investment Management, Robert Gill isn’t looking to flip stocks for a quick buck. His firm, which manages about $3.5-billion for clients including pension funds and high net worth individuals, takes a long-term view of investing. “When we buy a stock for the portfolio, we buy it with the intention of not selling it. We prefer to hold onto it in perpetuity and just have the stock continue to move up,” he says.

The firm holds plenty of blue-chip dividend stocks – banks, insurers and telecoms, for example – but it owns some less-familiar names as well. I asked Mr. Gill to discuss five of his firm’s current holdings. Remember to do your own due diligence before investing in any security: Deere & Co. (DE), Buckle Inc. (BKE), North West Co. (TSX:NWC), Canadian Oil Sands Ltd. (TSX:COS) and Constellation Software (TSX:CSU)

Source: Globe and Mail

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