3 Canadian Dividend Stocks With Great Yields

The search for income continues to be one of the more frustrating endeavors for investors. To make matters worse for yield-hungry investors, it now looks like the Fed may drag its heels raising rates as a result of continued global economic weakness. It could be many years before rates rise enough that bonds, bank products and treasury securities offer realistic opportunities for investors. Dividend stocks and securities have been pretty well picked over here in the U.S. as the great yield chase has been going on for almost five years.

The recent weakness in energy stocks and natural resource stocks has created some bargain income producing activities to our North. Although investors may have to accept some commodity related volatility, there are several decent dividend stocks that trade at a discount to their asset value. Investors with a long-term view of the world can get paid handsomely to wait for energy and natural resources to recover: MFC Industrial (MIL), Teck Resources (TCK) and TransAlta Corporation (TAC).

Source: NASDAQ

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