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Article updated on July 27th, 2022 by Bob Ciura
Spreadsheet data updated daily
The TSX 60 Index is a stock market index of the 60 largest companies that trade on the Toronto Stock Exchange.
Because the Canadian stock market is heavily weighted towards large financial institutions and energy companies, the TSX is a reasonable benchmark for Canadian equities performance. It is also a great place to look for investment ideas.
You can download a database of the companies within the TSX 60 (along with relevant financial metrics such as dividend yields and price-to-earnings ratios) by clicking on the link below:
The TSX 60 Stocks List available for download above contains the following information for every security within the index:
- Stock Price
- Dividend Yield
- Market Capitalization
- Price-to-Earnings Ratio
All of the financial data in the database are listed in Canadian dollars. Keep reading this article to learn more about maximizing the power of the TSX 60 Stocks List.
How To Use The TSX 60 Stocks List To Find Investment Ideas
Having an Excel document that contains the names, tickers, and financial data for every stock within the TSX 60 Index can be extremely useful.
This document becomes even more powerful when combined with a fundamental knowledge of how to use Microsoft Excel to implement rudimentary investing screens.
With that in mind, the following tutorial will show you how to implement a useful investing screen for the TSX 60 Stocks List.
Excel Spreadsheet Screen Tutorial: TSX 60 Stocks With P/Es < 20 and Dividend Yields > 2%
Step 1: Download the TSX 60 Stocks List by clicking here.
Step 2: Set the spreadsheet’s columns to filter.
Step 3: Change the filter setting for P/E Ratio to find securities with P/E ratios between 0 and 20. This will screen out negative P/E’ ratio stocks that are a result of negative earnings, as well as stocks with P/E ratios of 20 or more.
Step 4: Change the filter setting for Dividend Yield to find securities with dividend yields greater than 2%.
The remaining stocks in this spreadsheet are TSX 60 Index constituents with price-to-earnings ratios below 20 and dividend yields above 2%.
To conclude this article, we’ll share other Sure Dividend resources that you can use to enhance the quality of your investing due diligence.
Final Thoughts: Other Dividend Growth Investing Resources
The TSX 60 Index contains the 60 largest companies that trade on the Toronto Stock Exchange. Because of its exclusivity, it does not contain all of the Canadian stocks.
For investors interested in achieving some Canadian exposure within their investment portfolios, we recommended sifting through the broader S&P/TSX Composite Index.
In addition, we have covered several different aspects of investing in the Canadian market in the articles below:
Alternatively, you may search through these databases and determine that investing in international stocks is not for you.
Sure Dividend has also created databases of domestic stocks by sector, which we update weekly. These sector-specific stock market resources can be accessed below:
Our last group of stock market databases contains securities that meet certain requirements when it comes to dividend payout schedules, dividend yields, corporate history, or legal structure. Consider this a catch-all for the Sure Dividend databases that do not group nicely with our other resources:
Thanks for reading this article. Please send any feedback, corrections, or questions to support@suredividend.com.
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Image and article originally from www.suredividend.com. Read the original article here.