10 Best Canadian Dividend Stocks To Buy and Hold

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  1. Restaurant Brands International Inc (NYSE:QSR)
  2. – Owned by 38 Hedge Funds

    – 1.28% Dividend Yield

    The owner of Tim Hortons, Popeyes Louisiana Chicken and Burger King, Restaurant Brands International Inc (NYSE:QSR) ranks second on our list, with 38 hedge funds long the stock, including notable bull Bill Ackman of Pershing Square, whose 13F portfolio had 36.61% exposure to the stock on March 31. Unlike Ackman’s other big Canadian investment (Valeant Pharmaceuticals Intl Inc (NYSE:VRX), which he sold off during Q1), Restaurant Brands has been a big success for the billionaire investor, with gains of 25% this year and nearly 100% since the beginning of 2016. That spurred him to sell 10 million shares of the stock recently, for the purposes of portfolio rebalancing. Analysts are extremely bullish on Restaurant Brands despite the recent run of exceptional performance, citing its long-term unit growth potential.

    Niloo/Shutterstock.com

    Niloo/Shutterstock.com

    Follow Restaurant Brands International Inc. (NYSE:QSR)

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