The Globe and Mail reports in its Friday edition that Canada's investment landscape favours dividend-paying stocks, largely due to the dominance of sectors like banking, utilities and telecommunications, which are known for strong dividends. The Globe's guest columnist Gary Christie writes in the Number Cruncher column that Toronto-Dominion Bank is at the top of his list of recommended stocks. He says TD offers a compelling dividend. He notes that TD is outperforming the S&P/TSX Composite Index. TD is Canada's second-largest bank by market capitalization, which stands out for its blend of stability, income potential and solid fundamentals. Mr. Christie says TD trades at a relatively low price-to-earnings ratio of 9.96 and offers a dividend yield of 4.38 per cent, appealing to investors who seek value and steady income. With a five-year dividend growth rate of 6.61 per cent, TD demonstrates a commitment to rewarding shareholders. The Globe reported on May 23 that Desjardins Securities analyst Doug Young had reaffirmed his "hold" recommendation for TD, which was then worth $92.91. The Globe reported on June 6 that CIBC World Markets analyst Paul Holden rated TD "outperformer." The shares could then be had for $96.35.