Here’s the bottom line up front: no, Algonquin Power & Utilities Corp. (TSX:AQN) is not a good dividend stock to buy if your goal is making money from your investments. The company is still struggling with negative leveraged free cash flow, a dangerously high debt-to-equity ratio, and an unsustainable payout when measured against distributable cash…
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,…
United States President Donald Trump added new tariffs this week, specifically calling out Canadian lumber. The enforcement of a Section 232 action came as a huge shock to the sector. The move puts near-term uncertainty on the products, with the potential to depress shipments to the United States. This could be massive, given the cross-border…
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…
Canadian banks are really killing it this year. For the year, the S&P Canadian banking index is up 24.5%, compared to just 21% for the S&P/TSX Composite Index. It has been a period of considerable outperformance for the nation’s largest financial institutions. For the most part, this strong performance has been backed by the underlying…
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…