Not exact matches
Yield is slightly higher than the market's, but the
highly cyclical nature of the
stocks in the materials group makes the sector an unlikely choice for income seekers.
Owning an index - like portfolio of Canadian
stocks means having a large exposure to the
highly cyclical industries, specifically energy (24 per cent of the S&P / TSX composite index), materials (17 per cent) and industrials (5 per cent).
Even blue chip dividend
stocks can fall on hard times, especially when they operate in
highly cyclical industries that depend on volatile commodity prices.