The TFSA (Tax-Free Savings Account) is a perfect place to earn and collect income from stocks. There is no other avenue where you can earn regular passive income without any tax consequences. The less tax you pay, the more cash you keep. Why not earn that passive income monthly? Canada has a ton of stocks…
Amid last week’s interest rate cut, the Bank of Canada’s benchmark interest rate stands at 2.5%. Besides, analysts are predicting one more rate cut this year. In this environment of declining interest rates, investors should consider high-quality Canadian dividend stocks that offer attractive monthly payouts to secure a steady passive income. Meanwhile, here are my…
Monthly paying dividend stocks are ideal for investors looking for consistent passive income in this low-interest-rate environment. Therefore, let’s look at three Canadian companies that offer monthly payouts with dividend yields over 5%. Northland Power Northland Power (TSX:NPI) has an economic interest in several power-producing facilities, with a combined capacity of 3.5 gigawatts. It sells…
The Bank of Canada has cut interest rates seven times since June last year, while lowering its benchmark interest rate to 2.75% from 5%. Moreover, analysts predict two additional 25-basis-point rate cuts this year. Amid falling interest rates, investors should consider monthly-paying Canadian dividend stocks that offer higher yields to earn stable and predictable cash…
When geopolitical tensions flare, investors often flock to safety. That usually means cash, gold, or defensive stocks. But there’s another option that doesn’t always get the spotlight: monthly dividend stocks – the kind that pay you steady income while the world spins unpredictably. In Canada, two standouts that fit the bill are Pizza Pizza Royalty…
Having a secondary income is beneficial, as it provides financial security, helps you achieve your financial goals more quickly, and offers protection during challenging circumstances. In this low interest rate environment, investors can look to invest in quality monthly-paying stocks that offer higher yields to earn a stable and reliable secondary or passive income. Against…
Ever since central banks in the US and Canada started cutting key interest rates, economic activity has picked up pace in both countries. While the rate cuts are currently paused amid trade and geopolitical tensions, analysts predict two more rate cuts of 25 basis points as inflation and tariff-related headwinds ease. Lower interest rates also…
With 2025 now underway, investors have a significant opportunity to capitalize on shifting market conditions. Inflation has cooled significantly, and with interest rates expected to decline further, many top Canadian stocks could see renewed momentum, making now the perfect time to buy these businesses. While uncertainty still remains – particularly with geopolitical risks and lingering…
Investing in high-yield dividend stocks can help generate significant income over time. However, investors should take caution before investing in high-yield stocks and consider investing in shares of well-established companies with solid fundamentals and a growing earnings base. These companies will most likely sustain their high yield and pay consistent dividends in the coming years. Against this…
Image source: Getty Images The Canadian equity markets are upbeat amid the United States Federal Reserve’s 50 basis points interest rate cut last month. The S&P/TSX Composite Index is up 14.4% for this year. However, the escalating Middle East conflict is a cause for concern. Given the uncertain outlook, investors should look to buy quality…