For the past 2 years, Iyer has actually used an algorithm-based system that figures out the likelihood of dividend cuts in addition to projections for the dividend growth rate of the stocks he’s enjoying.
Any dividend yield that is taken a look at under the anticipations of a strong balance sheet today … once we have the ability to get under the sunlight, is filled with danger
Srikanth Iyer, Guardian Capital
Intermediate business such as Crescent Point Energy Corp. and Vermilion Energy Inc. have actually currently slashed their dividends by 75 and 91 percent respectively.
He chooses energies stocks such as Fortis Inc., with a 3.6 percent dividend yield and Altagas Ltd., currently yielding 8 percent.