The average stock yield on 111 dividend-paying stocks on the Toronto Stock Exchange as compiled by Moss, Lawson and Co. on prices of Oct 6 is up 0.03% at 3.83% from the previous week. The current yield compares with 3.68% one month ago and 4.11% in the corresponding week last year.
The yield on common stocks is up 0.09% at 3.28% and compares with 3.01% last month and 3.47% one year ago.
The bank stocks were down 0.27% at 5.04%. One month ago this group yielded 5.28%, last year 5.61%.
Preferred stocks were down 0.02% at 7.87% and compared with 7.83% one month ago and 8.26% last year.
Mining stocks were up 0.01% at 1.89%. Last month this group yielded 1.87%, one year ago 2.47%.
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