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Jan 27, 2025
Beat The TSX Gained 16% In 2024 But Still Couldn’t Beat The Index
It will likely be no surprise to dividend investors that the Beat the TSX (BTSX) portfolio lagged its benchmark index in 2024. BCE (BCE Inc.), a stalwart dividend stock for decades, has been crushed to prices not seen since 2010. And Algonquin Power & Utilities (AQN) continued the brutal slide it began in 2022, with another dividend cut and accompanying price drop.
Perhaps the real surprise was that BTSX held up as well as it did, marking a 16.19% positive return for the...