5 Best Canadian Dividend Stocks For Income Investors

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1. Canadian Natural Resources Ltd (NYSE:CNQ)

Number of Hedge Fund Holders: 41

Canadian Natural Resources Ltd (NYSE:CNQ) tops our list of the best Canadian dividend stocks for income investors. In November 2023, the company announced a significant 11% increase in its quarterly dividend, reaching C$1.00 per share. This milestone marked the 25th consecutive year of continuous dividend growth for CNQ. The stock’s dividend yield on January 30 came in at 4.56%.

The number of hedge funds tracked by Insider Monkey owning stakes in Canadian Natural Resources Ltd (NYSE:CNQ) grew to 41 in Q3 2023, from 36 in the previous quarter. The consolidated value of these stakes is roughly $3 billion.

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You can also take a look at 13 Best Long-Term Dividend Stocks To Buy Now and 15 Best Stocks To Buy According to Billionaires

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