15 articles
Canadian Dividend Stocks: Top 5 Ways to Boost Income
Discover the essentials of Canadian dividend stocks for steady income and long-term wealth. From blue-chip companies like RBC and Enbridge offering yields of 4-6%, this guide covers benefits such as tax credits reducing effective rates to 29.3%, risk mitigation through diversification, and step-by-step investing tips. Explore real examples, including how $10,000 invested could yield $300-500 annually, and long-term strategies like reinvesting dividends for compounding growth. Perfect for Canadian investors seeking resilient portfolios amid market swings.
Diversify Your Canadian Portfolio: 5 Steps to Steady Growth
Unlock the secrets to diversifying your Canadian portfolio to weather economic downturns and fuel steady returns. With Canada's stock market leaning on energy and financials, home bias affects 70-80% of investors, amplifying local risks. Learn to spread investments across geographies—40-50% in Canada, 30-40% in the U.S., and 15-25% internationally—while mixing sectors like finance and utilities. Explore model portfolios for conservative (40% equities, 50% bonds) to aggressive (80% equities) risk levels, plus tips on rebalancing, alternatives like REITs, and tax-efficient use of TFSAs for volatile assets. Avoid pitfalls like over-diversifying and start building resilience today.
Canadian Dividend Stocks: Top 2024 Picks for Steady Income
Discover why Canadian dividend stocks are essential for income-focused portfolios, offering stability from sectors like banking and energy. With yields ranging from 3-8% and tax credits, they provide regular payouts that outpace bonds. Explore metrics like payout ratios under 50% for safety, and top picks such as TD Bank (4.1% yield, 8.5% growth) and Enbridge (6.2% yield). Avoid common mistakes like chasing high yields without fundamentals, and learn to reinvest via DRIPs for compounding. Ideal for retirees, these stocks have shown resilience, with banks like RBC paying dividends for decades, even during downturns like 2020.