Image source: Getty Images One of the best times to buy a high-yield dividend stock is when they are on the verge of recovering from the slump that pushed their yield to a high level. The reason is that you still have access to the high yield that attracted you to the stock in the…
Energy is back as TSX’s top-performing sector. As of August 15, 2024, the year to date is up 15.07% year to date versus the broad market’s 6.45%. Investors taking positions in the sector could earn two ways: dividends and capital gains. However, if you want sure winners, Imperial Oil (TSX:IMO) and Keyera (TSX:KEY) are the…
Imagine earning a 10.7% yield in monthly passive income streams on an investment that may potentially double over time. Canadian income investors could buy shares in a beaten-down real estate sector stock trading at a 62% discount to its most recent fair value and, consequently, earn high-yield monthly distributions for a lifetime. For the first…
Image source: Getty Images Investing in stocks that are trading at their 52-week lows can present both opportunities and risks. Historically, about 15-20% of stocks that hit their 52-week lows on the TSX experience a significant rebound. In fact, returns average around 10-15% within the following six months, particularly if the stock’s decline was due…
Forget rental properties—the best passive-income tool you might not be utilizing to its fullest is the Tax-Free Savings Account (TFSA). While typically celebrated for its growth investment potential, the TFSA can also be an excellent source of tax-free income. If you’re looking to structure your TFSA to generate $250 per month in passive income, here’s…
Investing in Canadian deep-value stocks can offer an attractive alternative to even the most popular stocks. That can include the famous “Magnificent Seven” stocks. These typically refer to high-growth, large-cap technology stocks in the United States. Historically, Canadian deep-value stocks have delivered average annual returns of around 10-12% over long periods. These are stocks trading…
Image source: Getty Images Investors seeking stable income can turn to Canadian dividend-paying stocks. Thankfully, the TSX has a range of companies with attractive dividend yields and solid fundamentals to sustain their payouts in the long term. In this article, I’ll discuss three cheap Canadian stocks that are offering at least a 6% yield. These…
Image source: Getty Images The drop in rates offered on Guaranteed Investment Certificates (GICs) is driving new interest in top Canadian dividend stocks. Retirees can still get good deals on TSX dividend payers with long track records of distribution growth. BCE BCE (TSX:BCE) has taken a beating over the past two years. The stock slipped…
Image source: Getty Images Toronto-Dominion Bank (TSX:TD) and Royal Bank of Canada (TSX:RY) are the heavyweights of Canadian banking. As the nation’s largest companies by market cap, they make up outsized percentages of Canadians’ portfolios. In this article, I will explore the two big banks side by side, so you can decide which is the…
Investing in stocks provides an opportunity to achieve substantial capital growth. Historically, stocks with solid fundamentals have consistently delivered stellar returns, often surpassing other investment options. Therefore, despite the seemingly modest amount, allocating $1,000 into Canadian stocks has the potential to yield considerable returns over the years. With that in mind, here are the best…