I’d Put My Entire TFSA Into This 7 Percent Monthly-Paying Dividend Stock
Canadian investors should consider holding quality dividend stocks in their TFSA (Tax-Free Savings Account) to benefit from a steady stream of passive income and long-term capital gains. Moreover, these returns, if generated in a TFSA, are exempt from Canada Revenue Agency taxes. The TFSA contribution room in 2025 has increased to $7,000, bringing the cumulative…