Canadian seniors are searching for ways to get better returns on their hard-earned savings. With Guaranteed Investment Certificates (GICs) paying much lower rates compared to this time last year, retirees are looking to dividend stocks again as a source of passive income. The rally in the TSX in 2024 has made it harder to find…
In this declining interest rate environment in Canada, investors are finding that yield-producing investments are gaining ground and seeing increased interest among investors of all types. Of course, finding the types of dividend stocks that provide stability as well as capital appreciation potential is easier said than done. However, a top Canadian stock I’ve pounded…
As we are near the end of 2024, it’s time to revisit our investments and financial goals. Investing continuously and staying invested is what generates wealth in the market. Has that stock on your watchlist reached your price point, but you did not have the money to invest in it? You can approach this problem…
The Canadian stock market is continuing to rally this year as easing monetary policy amid declining inflation continues to boost investors’ sentiments. One of the top performers of 2024 on the TSX is Gildan Activewear (TSX:GIL). The shares of this Montréal-headquartered apparel manufacturer have jumped by 59% so far this year to trade at $69.63…
Image source: Getty Images In the world of Canadian financial stocks, Toronto-Dominion Bank (TSX:TD) and Manulife Financial (TSX:MFC) are top dividend payers. While both are blue-chip stocks, their market performance and future growth potential diverge. TD Bank has been stuck in a sideways range for over two years, while Manulife has surged following a breakout…
Contrarian investors are searching for undervalued dividend stocks that could deliver attractive total returns over the next few years. The TSX trades near its record high, but some top Canadian dividend stocks are down in recent months, offering some decent potential upside. Canadian Natural Resources Canadian Natural Resources (TSX:CNQ) is down about 15% from the…
If you’re searching for a reliable monthly dividend payer within the Canadian stock market, your search will likely lead you to a real estate investment trust (REIT). A REIT is essentially a company that owns, operates, or finances income-generating real estate. The rental income generated from these properties is passed along to shareholders in the…
The Bank of Canada has cut its benchmark interest rates four times since June. Amid falling interest rates, investors should look to invest in monthly-paying dividend stocks to earn a stable passive income. Meanwhile, the following three Canadian stocks pay monthly dividends at higher yields, thus making them excellent buys. NorthWest Healthcare Properties REIT NorthWest…
Canada’s top telecom firms have been getting pretty heavy on the yield, at least over the past few years. Undoubtedly, the telecom stocks are still some of the brightest blue chips around. That said, industry headwinds seem pretty insurmountable at this point. And as the patience of Canadian passive-income investors is put to the test,…
Image source: Getty Images November excites Canadian savers, especially Tax-Savings Savings Account (TFSA) users. It’s the time of the year when the Canada Revenue Agency (CRA) announces the TFSA limit for the incoming year. The announced limit for 2025 is $7,000. While the contribution limit is the same as in 2024, it’s a game-changer nevertheless….