One of the best things about investing in dividend stocks is collecting that juicy income. Investors can take comfort knowing the right picks can ensure those dividends are safe while still offering growth. For those investors looking to ensure those dividends are safe, here is a look at some great options for any portfolio. A…
The Canadian telecom scene has been under quite a bit of pressure over the past two years. And while it’s hard to tell if the industry-wide selling is over with yet, I do think that the recent much-awaited rally in shares of Rogers Communications (TSX:RCI.B) is worth getting behind. Indeed, it was an unexpected bump,…
Canada’s deficit is rising, and Canada’s Business Council is not on board. The group recently stated in a letter to Prime Minister Mark Carney that the country is in an “investment crisis,” warning that more debt isn’t the way to financial prosperity. So, is the group right? Let’s take a look at how investors can…
The TFSA (Tax-Free Savings Account) can become an engine of dividend income if you design it that way. When you pay no tax on your income, you can significantly increase the income you keep. It really simplifies your investment process. With the TFSA, there is no reporting of income either when you earn it or…
Canadian investors can leverage the benefits offered by the Tax-Free Savings Account (TFSA) to transform a registered account into a cash-pumping machine. Any returns generated from qualified investments in a TFSA are exempt from Canada Revenue Agency taxes, making it an ideal account to hold dividend stocks. In this article, I have identified one such…
Don’t get me wrong. When it comes to strong long-term dividend stocks, Enbridge (TSX:ENB) belongs at the top of that list. This oil and gas pipeline powerhouse has offered massive growth over the last few years, yet there are others that could provide more growth for those worried that ENB may have stalled. Today, let’s…
The ongoing rally in Canadian equities might seem like a broad recovery, but after taking a closer look, we can clearly see it’s still very much a stock picker’s market. Not everything is rising for the right reasons. While many stocks are simply benefiting from short-term hype, some are still delivering real value through consistent…
Image source: Getty Images If there’s one thing that investors should know by now, it’s that patience pays. In this case, literally! Whether it’s waiting for a stock to rebound or collecting income through dividends, that patience over time can really, really add up. And that’s certainly been the case for these three dividend stocks,…
If you’ve just opened a Tax-Free Savings Account (TFSA) and maxed out your $7,000 contribution room but aren’t sure what to buy, resist the urge to park it in a guaranteed investment certificate (GIC) that barely outpaces inflation. For beginners, my go-to choice is index exchange-traded funds (ETFs). These funds track broad market benchmarks made…
Valued at a market cap of $91 billion, Canadian Natural Resources (TSX:CNQ) is an energy heavyweight that has generated inflation-beating returns for long-term shareholders. In the last 20 years, CNQ stock has returned 222% to investors. However, if we adjust for dividend reinvestments, cumulative returns are closer to 474%, compared to the TSX index returns…