This Is the High-Yield Dividend Stock I'd Hold for a Decade

By America Pulse · Based on reporting from fool.ca

Investing legend Warren Buffett suggested that if a person is not prepared to keep a stock for a decade, they should not contemplate owning it for even ten minutes. This perspective serves as a vital filter for those seeking high-yield dividend stocks. While a significant yield might catch the eye today, the real value lies in whether the company can consistently expand its cash flow and payouts over many years. For those looking at the Canadian market, Brookfield Renewable Partners L.P. stands out as a primary candidate for a decade-long hold.

Attractive Yields and Renewable Assets

Currently, the iShares S&P/TSX 60 Index ETF provides a distribution yield of approximately 2%. In contrast, Brookfield Renewable offers a yield of roughly 4

Source: fool.ca · 2026-08-17