Image source: Getty Images There is growing tension in the TSX as the Bank of Canada announces interest rate this week. Economists have mixed opinions, with a 60% probability of a rate cut. However, a few believe the bank might delay the rate cut. The uncertainty around rate cuts has been pulling down the price…
Image source: Getty Images Investors looking to boost their portfolios’ passive-income streams may find great high-yield bargains on some of the best dividend stocks in Canada today. Even if one has limited free funds to invest in June 2024, Pizza Pizza Royalty (TSX:PZA) stock, Alaris Royalty Partners Income Trust (TSX:AD.UN) units, and Freehold Royalties (TSX:FRU)…
Investors seeking growing dividend income could consider shares of fundamentally strong companies that focus on consistently enhancing their shareholders’ returns. Thankfully, the TSX has many such high-quality dividend stocks whose dividends keep growing regardless of market conditions. Against this backdrop, let’s examine five Canadian stocks renowned for their commitment to increasing shareholders’ returns through dividend hikes….
Image source: Getty Images Canadian investors can access dozens of high-quality, generous, and reliable dividend stocks. But even among this lucrative pool of dividend payers, a few stocks stand out for their dividend histories and long-term dividend sustainability prospects. And if you are looking for dividend stocks that you can hold in your Tax-Free Savings…
Image source: Getty Images Contrarian investors seeking high yields from good TSX dividend stocks have an opportunity to buy some top Canadian dividend-growth names at discounted share prices. Buying stocks when they are out of favour requires patience. Cheap stocks can get cheaper before they bounce, but the long-term benefits from the higher dividend yield…
Image source: Getty Images Buying a rental property is one of the most common passive income generation methods worldwide. However, it’s not as passive as it seems because a landlord has to either take care of the property or pay someone to do that (which cuts into their profits). A far more passive and effortless…
Image source: Getty Images Dividend-paying stocks are excellent investments for investors seeking passive income. Thankfully, the TSX has several fundamentally strong stocks that have been consistently paying and increasing dividends for decades, making them dependable investments to start a passive income stream. While the Canadian stock market has several top-quality income stocks, I’ll focus on a company that…
Image source: Getty Images Dividend investors take positions in real estate investment trusts (REITs) because of high dividends and monthly payouts. However, some subsectors, especially office spaces, have higher downside risks. A dividend titan in the real estate sector is Allied Properties (TSX:AP.UN). The current challenge, though, is the REIT owns and operates urban office…
Image source: Getty Images Enbridge (TSX:ENB) is a large-cap energy infrastructure giant that has created massive wealth for shareholders. In the last 20 years, Enbridge has returned close to 870% to shareholders after adjusting for dividends. Comparatively, the TSX index has returned “just” 404% since May 2004. Despite its outsized gains, Enbridge offers a tasty…
Did you know that there’s a way to boost your CPP payouts when you’re already receiving them? That is, without simply deferring your decision to take benefits to a later date. Although the pre-tax amount of CPP you receive is more or less fixed (apart from some inflation adjustments), you can increase the amount of…