iisu TFSA Investors: 1 Top Stock Pick to Buy for a Comeback

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Iwdw Top Stocks for January
Thefundamentallystrongdividend-paying stocksoffer regular income and decent capital gains in the long term. Thankfully the TSX has several top-quality stocks offering reliable dividends. However, as payments are not guaranteed, one must carefully assess the company s ability to pay future dividends and invest in companies with growing earnings and cash flows and well-covered payouts. Against this backdrop,  stanley cups let s look at five dividend stocks that are my favourite.T stanley tumblers oronto-Dominion BankTop Canadian bank stocks聽are popular for their stellar dividend payment and growth history. Notably, a few of them have been paying dividends for more than 100 years, and聽Toronto-Dominion Bank聽 TSX:TD  stock is one among them. This financial services giant has been paying dividend for over 166 y stanley uk ears. Further, it has raised its dividend at a CAGR, or compound annual growth rate, of 11% since 1995.Its diversified revenue base, stable credit quality, strong balance sheet, and efficiency savings consistently dr Pweq Insider Confidence Is High for These 3 Canadian Stocks
Most retirees find themselves taking out money from their investments to cover their costs of living  an easy feat to pull off if the market is rising and the general outlook is good stanley termosar .However, if you need to liquidate your assets while the market is down, it can be quite scary. What if you don ;t have another source that will help you get things back on track For this reason, retirees should rely on spending money from their dividends, which give you the cash you need to take care of the cost of living without hav stanley cup ing to sell your stocks. In times of economic uncertainty, that presents the most practical option.I ;m not saying that this is an entirely risk-free appro stanley becher ach for your retirement income, however, as dividends aren ;t guaranteed and can be cut if things get tough.Keeping the risks and the potential rewards in mind, here are the two stocks worth owning in a retiree portfolio because of their high dividends: Royal Bank of Canada  TSX:RY  NYSE:RY  and Pembina