Exposure to high dividend-paying Canadian companies
Gain access to a diversified basket of Canadian companies with above average dividend yields.
Pays monthly
dividend income
Seeks to provide monthly dividend income to support investors' cash flow needs.
Low management fee
Keep more of your returns with a competitively low management fee.*
What is dividend investing and how does it work?
Dividend investing focuses on selecting companies that consistently distribute dividends to shareholders. This approach can offer investors a regular income stream, helping to meet investors’ ongoing cash flow needs. In Canada, dividends from eligible corporations may benefit from favourable tax treatment.
How do I start with dividend investing?
Investors can begin dividend investing by purchasing individual stocks that regularly pay dividends or by considering dividend-focused ETFs. One such option is the iShares S&P/TSX Composite High Dividend Index ETF (XEI), which aims to provide monthly income by holding a diversified portfolio of dividend-paying Canadian companies.
What companies are included in XEI?
XEI holds a diversified portfolio of 50 to 75 Canadian companies that pay high dividend yields. Top holdings include well-known companies such as Royal Bank of Canada, Toronto-Dominion Bank, Enbridge, TC Energy, and Suncor Energy. These companies span sectors like financials, energy, utilities, and telecommunications.
Source: BlackRock as of August 2025. Holdings subject to change. Sectors based on GICS.
How often does XEI pay dividends?
XEI pays dividends monthly, offering investors regular income.
Is XEI suitable for a TFSA or RRSP?
Yes, XEI is eligible for both Tax-Free Savings Accounts (TFSA) and Registered Retirement Savings Plans (RRSP). Holding XEI in these accounts can help investors grow dividend income tax-free (TFSA) or defer taxes until retirement (RRSP).
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