|
Buig TFSA Investors: The 2 Best Dividend Stocks for Tax-Free Income
Canadians continu stanley polska e to experience the effects of a downturn, yet a recession could still occur in the near future. Therefore, it a good time to consider how to bring some fixed income into your portfolio as protection.But when it comes to fixed income, which is better: dividend stocks or bonds Today, we ;re going to look at both options and how Canadians can use them to their advantage during a downturn.The case for dividend stocksDividend stocks can be a great option stanley cups for investors if they ;re looking for companies that will pay a portion of their profits to shareholders. It mea stanley cup ns you ;re gaining the fixed income of companies while also achieving returns in share price.Even during a recession, dividend stocks can produce a steady stream of income. Furthermore, these stocks tend to be less volatile, as companies need to stay more financially stable to afford dividend payments. Because of this, share prices tend to fluctuate less during economic uncertainty.A great Xhsp Is Aurora Cannabis Inc. (TSX:ACB) Stock Still Oversold
As I ve said time and again, the聽best part about聽 stanley sverige dividend investing is that it s predictable.Case in point: Enbridge Inc. TSX:ENB NYSE:ENB .In an article published last October,聽I predicted聽the Calgary-based company which owns pipelines, gas utilities, and other energy assets would raise its dividend by early 2015.I m happy聽to report that Enbridge聽did not disappoint. On December 3, only a couple of months聽after my article聽appeared, the company聽boosted聽its quart stanley cup becher erly p stanley mugs ayout聽by 33%.Now I would love to say that I have remarkable聽forecasting powers, but honestly, any Joe Schmoe could ;ve seen this聽coming. Enbridge has hiked聽its payout聽for 25 consecutive years. With its business still growing at a steady clip, there was no reason to stop now.The only question was how big the increase would be. A 33% bump was certainly more than anyone expected. But it s only when you put consecutive increases together that you really appreciate聽the power of dividend growth.Since I firs |
|