Valued at a market cap of $91 billion, Canadian Natural Resources (TSX:CNQ) is an energy heavyweight that has generated inflation-beating returns for long-term shareholders. In the last 20 years, CNQ stock has returned 222% to investors. However, if we adjust for dividend reinvestments, cumulative returns are closer to 474%, compared to the TSX index returns…
Whether you are retired, near retirement, or just tired of working, dividend stocks can help supplement or even replace your employment income. In fact, many Canadian investors have slowly and steadily built dividend-producing portfolios that far exceed their regular income. If you are looking for a place to start, here are three stocks that provide…
Canadian Natural Resources (TSX:CNQ) is a crude oil and natural gas production company operating in Western Canada, the North Sea, and offshore Africa. The company has underperformed the broader equity markets this year. Its year-to-date performance has been flat, in contrast to the S&P/TSX Composite Index, which is up roughly 19%. Falling crude oil prices…
Despite yesterday’s setback, the S&P/TSX Composite Index is up 13.9% for this year. Solid quarterly performances and expectations of rate cuts by the United States Federal Reserve have supported stock price growth. Amid the improvement in investors’ sentiments, let’s look at two Canadian value stocks that offer long-term buying opportunities for investors. Canadian Natural Resources…
The Bank of Canada has lowered its benchmark interest rate to 2.75% from 5% in April 2024. Moreover, economists are predicting two more rate cuts this year and expect the benchmark interest rate to fall to 2.25%. In this low-interest environment, investors can look at acquiring quality dividend stocks to boost their passive income. Meanwhile,…
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…
Trump’s global tariffs war has raised concerns that inflation may start to tick up over the remainder of the year. If you are retired or rely on investment income for your living, inflation can be a real challenge. Your income is fixed, but your costs are increasing (meaning you end up with less cash leftover…
Dividend stocks are a must for any balanced portfolio, as these companies provide consistent payouts and stabilize your portfolio. Given their regular payouts, these companies are less prone to broader market fluctuations. Additionally, investors can reinvest these regular dividend payouts to earn superior returns. Meanwhile, dividend stocks have also historically outperformed non-dividend-paying stocks. Against this…
Retirement might seem like a time to finally relax and enjoy the fruits of your labour. But when it comes to your finances, you’ll still want to keep one eye open, because the Canada Revenue Agency (CRA) certainly is. Whether you’re collecting pensions, cashing in investments, or earning a little extra on the side, not…
Dividend investing mainly requires patience, and sometimes, that patience gets tested. That’s exactly what’s happening with Canadian Natural Resources (TSX:CNQ) right now. Despite its consistent dividend growth and stable business model, the stock has slipped over 17% from its 52-week high. It’s not an easy pill to swallow, but we must not forget that its…