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…
These days, investors are back on the income bandwagon. We want investments in companies that are going to pay us to wait while they recover or climb higher. In this case, there’s one dividend stock showing value right now that could be a strong investment for long-term buyers, especially with a solid monthly dividend. So,…
Retirement is many things to many people. But increasingly, it has become a point of stress, practically as soon as you graduate from university. Investing in your retirement a little at a time is great, but emergencies happen. Emergencies that can send you right back to square one. And with rising costs and interest rates,…
When investors think of dependable dividend payers, they often picture banks, telecom giants, or pipeline operators. But there’s an entire class of lesser-known Canadian companies quietly delivering steady income, even in volatile markets. They aren’t the most talked-about names on Bay Street, but the track records suggest they should be. Over the past year, these…
Investors looking to create a low-cost passive-income stream can consider gaining exposure to quality dividend stocks that offer a tasty dividend yield in 2025. In addition to a steady stream of payouts, long-term investors could benefit from capital gains over time. In this article, I have identified three TSX stocks that pay shareholders a monthly…
Stocks that pay a monthly dividend stream are attractive to income-oriented investors. The income these stocks produce can be used for your monthly living expenses, or it can be reinvested into other income-producing stocks just that much quicker (than on a quarterly or biannual basis). Unfortunately, if you want monthly passive income, you often only…
When markets are volatile, some investors panic. Others prepare. And a few find dividend stocks that not only survive the storm but pay you to stay invested through it. Exchange Income (TSX:EIF) is one of those rare stocks built to thrive during the ups and downs. With a strong dividend, diverse revenue, and consistent execution,…
Airline stocks can be tricky investments. Airlines can provide insane growth potential, but they can also be extremely volatile options, best left to those with risk tolerance. Are airline stocks a good buy right now? Here are three options to consider today. Air Canada: Consistency resumes shortly Air Canada (TSX:AC) is still recovering from its…
Many Canadians dream of earning $1,000 a month in passive income. For those using a Tax-Free Savings Account (TFSA), that dream is tax-free. But how much do you really need to invest to make it happen? The answer depends on which stocks you choose and how much they pay. Today, we’ll look at three solid…
With markets bouncing around and interest rates still in the spotlight, Canadian investors are taking a hard look at where to park their money for dependable income. One name that continues to rise to the top is Exchange Income (TSX:EIF). This Winnipeg-based company has become a favourite for those seeking monthly cash flow, and for…