Dividend Stocks In A Rising Interest Rate World

Dividend stocks are a popular choice as interest rates stay low. I’m a fan of the strategy and I own many Canadian banks, utilities, pipelines and telecom stocks, yielding three to five percent, in my own investment accounts. But is the love affair too hot and heavy? Some investors see blue-chip stocks with healthy dividends as a substitute for fixed-income investments. I disagree. In the short term, dividend stocks can disappoint. Unlike a GIC whose principal value never goes...