If you’ve been dreaming about a Tax-Free Savings Account (TFSA) that pays you every single month, it’s not just possible, it’s practical. With $10,000, you can build a portfolio focused on stable, income-generating companies that have proven their ability to keep cash flowing. My goal here is to show you how I’d split that amount…
Most dividend stocks are content to pay quarterly. Some cut their payouts when things get tough. But one TSX stock has quietly kept on paying month after month, no matter what. That stock is Extendicare (TSX:EXE), and it just raised its dividend again. Into earnings As of March 2025, the dividend stock boosted its monthly…
Turning your Tax-Free Savings Account (TFSA) into a consistent stream of income doesn’t require speculation or risky plays. Sometimes, the most powerful strategy is a blend of stability and growth. That’s exactly what investors can find with two very different companies on the TSX: BCE (TSX:BCE) and WELL Health Technologies (TSX:WELL). One offers dependable income…
Investing in quality dividend stocks is a strategy that helps you benefit from steady passive income and long-term capital gains. While several TSX stocks offer you a dividend, just a handful of these companies are poised to deliver market-beating gains. One such monthly dividend stock is Extendicare (TSX:EXE). Valued at a market cap of $1.18…
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…
Image source: Getty Images When it comes to dividend stocks, monthly income can be a top way to earn income even if the market is volatile. If you’re looking for a reliable dividend stock to add to your portfolio for long-term monthly passive income, Extendicare (TSX:EXE) is one to seriously consider. With a solid history…
Image source: Getty Images The Bank of Canada has slashed interest rates twice this year, and investors are hoping for one more rate cut. Amid falling interest rates, investing in monthly-paying dividend stocks would be an excellent strategy to earn a stable passive income. Meanwhile, the following four stocks pay dividends monthly and are trading…
Image source: Getty Images A prolonged high-inflation rate environment has created deeper holes in consumers’ pockets. However, one can shield themselves from the impact by earning a stable passive income. Investing in monthly-paying dividend stocks is one of the convenient ways to earn a stable passive income. Meanwhile, here are my three top picks. NorthWest…