Image source: Getty Images Despite another year with so much uncertainty in the economy and interest rates still well off their lows, many high-quality Canadian stocks continue to find ways to grow their businesses and offer dividend hikes to their shareholders in 2024. This is crucial for a few reasons. Firstly, it’s important for investors…
The generative artificial intelligence (AI) boom is the real deal. And it’s helped power many incredible tech stocks into the stratosphere, even in the face of numerous economic uncertainties and geopolitical horrors. Undoubtedly, the potential to be had from AI can probably only be described as profound. And it’s not just the AI chip (or…
Investors seeking growing dividend income could consider shares of fundamentally strong companies that focus on consistently enhancing their shareholders’ returns. Thankfully, the TSX has many such high-quality dividend stocks whose dividends keep growing regardless of market conditions. Against this backdrop, let’s examine five Canadian stocks renowned for their commitment to increasing shareholders’ returns through dividend hikes….
Did you know that there’s a deadline for withdrawing funds from your Registered Retirement Savings Plan (RRSP)? It’s true. No later than your 71st birthday, you must convert your RRSP to a Registered Retirement Income Fund (RRIF) and withdraw money. Mandatory withdrawals start at 5% at age 71 and increase from then on. In a…