It’s not every day you find a Canadian stock that offers a rock-solid business, dependable dividend growth, and a history of rewarding shareholders no matter what the market throws its way. And yet, Canadian Utilities (TSX:CU) has done just that, and then some. Now trading around $38.75 at writing, this utility giant offers a juicy…
Canadian retirees are searching for good dividend stocks to add to their self-directed Tax-Free Savings Account (TFSA) portfolios focused on generating reliable and growing passive income. This helps complement the Canada Pension Plan, Old Age Security, and company pensions. Despite the surge in the TSX over the past few months, investors can still get high…
Investing in stocks through a Tax-Free Savings Account (TFSA) is a smart strategy to generate tax-free returns. Further, using it to invest in top-quality dividend stocks, you can earn steady, tax-free income while growing your portfolio. The strategy is to focus on TSX stocks that offer high and sustainable dividend yields. These dividend stocks can provide…
As the TSX Index begins to run out of steam after an impressive second-quarter rally, investors may wish to keep watch of the stocks that have a good amount of long-term momentum behind them and valuations that aren’t all too much higher than that of the historical range. Indeed, investors should also have a preference…
Millions of Canadians are missing out on one of the most powerful wealth-building tools available: the Tax-Free Savings Account (TFSA). Despite being introduced over a decade ago, the TFSA remains widely underutilized. In 2024, 45% of TFSA holders didn’t contribute at all, and 91% failed to maximize their contributions, according to Statistics Canada. This isn’t…
Investing in small-cap stocks trading at a reasonable valuation and positioned for steady growth is a strategy that will help you deliver outsized gains over time. In this article, I have identified two such Canadian stocks you could consider buying with just $1,000. Let’s see why. Is this Canadian stock a good buy right now?…
With just $14,000 in a Tax-Free Savings Account (TFSA), you might not think it’s possible to generate much income. But with a little planning and the right dividend payers, that capital can work a lot harder than you might expect. Instead of going for high-risk flyers or trying to time the market, I’d opt for…
Retirees and other income investors are searching for good Canadian dividend stocks to add to their self-directed Tax-Free Savings Account (TFSA) portfolios. With the TSX at a record high and tariffs causing economic uncertainty, it makes sense right now to consider industry leaders with solid track records of delivering dividend growth. TC Energy TC Energy…
When most investors think of Canadian tech, Shopify usually steals the spotlight. But dig a little deeper, and you’ll find a lesser-known legend quietly turning its ship around: BlackBerry (TSX:BB). Yes, the same BlackBerry that once dominated your high school group chats is now powering the world’s most secure communications and autonomous vehicles. And with…
If you had $250,000 ready to invest in Canadian dividend stocks, how would you go about it? That’s not a small amount of money; it could be life-changing. For many investors, the goal with a lump sum like that is to strike a balance between income, stability, and some growth. In this case, we’ll take…