Image source: Getty Images Are you looking for a high-yield monthly dividend stock to generate regular passive income? The best bargains might be found in the far corners of the Canadian stock market. A tiny real estate investment trust (REIT) with a $1.2 billion property portfolio is making monthly distributions that yield a staggering 9.4%…
Image source: Getty Images Enbridge (TSX:ENB) stands as a stalwart in the portfolios of many Canadian dividend investors, and for good reason. The company operates extensive oil and natural gas pipelines with long-term contracts that generate steady cash flows. This business model provides a degree of insulation from the often volatile swings in energy prices….
Investors looking for stocks with visible growth potential should consider Bombardier (TSX:BBD.B), Computer Modelling Group (TSX:CMG), and Stingray Group (TSX:RAY.A). Prices should rise further as the economic environment improves post-rate cut. Strong momentum Bombardier has gained momentum since reporting its Q1 2024 quarterly results. Its share price of $86.54 is 40.2% higher since the…
It’s no secret that one of the best ways to put your hard-earned money to work is to invest for the long haul. Of course, you also want to buy the highest quality stocks possible and only invest in companies that you understand well. However, if you’re not buying these growth stocks, value stocks or…
Image source: Getty Images Until Tesla came along, a realistic move for the world away from internal combustion engine (ICE) vehicles was little more than a pipe dream. The rise of electric vehicles (EVs) and continuous improvements in the industry are making it more realistic to transition from fossil fuel-guzzling cars to cleaner modes of transportation….
Image source: Getty Images. Last week, the Bank of Canada reduced interest rates by 0.25% to 4.75%, making it the first central bank in the G7 to initiate an easing cycle. Moreover, regulators emphasized that they might lower interest rates further if inflation is less than 2%. It’s evident that the path to lower interest…
Image source: Getty Images The best way to gain exposure to equity markets is to invest in low-cost passive funds that track indices such as the S&P 500. In the last six decades, the S&P 500 index has returned more than 10% annually after adjusting for dividend reinvestments. So, it makes sense for investors to…
Dividends are incentives to income-focused investors, but not all generous dividend payers are sound investment options. Some companies offer outrageous yields to lure investors. Yellow Pages Limited (TSX:Y) pays an attractive 11.4% dividend yield, although you might regret owning it. First, a micro-cap stock is risky in today’s investment landscape. Second, at $8.79 per share,…
Image source: Getty Images. The amount of capital you have access to is one of the core variables determining the size of the nest egg you can build, and it’s more than just about how much you can save. Take the Tax-Free Savings Account (TFSA) as an example. If your goal is to build a nest…
Image source: Getty Images Whenever you think of investing your money in the Toronto Stock Exchange, one of the main areas of focus long-term investors continue to focus on is dividend stocks. Companies offering stable and consistent dividends over the long term act as bond proxies but with greater capital-appreciation upside potential. Utility stocks are…