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The Canadian stock market yield about 2.5%. So, getting a yield of north of 5% indicates a doubling of that income. Here are three dividend stocks that pay cash to their common stockholders every month with yields of greater than 5%. Income investors should add them to their watch lists...
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2024-07-25 16:30:00 ET Want to earn tax-free passive income? Build a diversified portfolio of income stocks in your Tax-Free Savings Account (TFSA). To require limited portfolio management, so as to fulfill the goal of earning passive income, investors should target to buy quality share...
2024-07-22 20:45:00 ET Canadian investors looking for cheap stocks may find there are far too many to consider. After all, one can find everything from penny stocks to blue-chip companies on the TSX under $50 per share. However, if you want companies that can provide you with growth...
2024-07-15 10:30:00 ET The average TFSA ( Tax-Free Savings Account ) balance at the end of 2023 was roughly $41,000. Let’s see how you can allocate $10,000 and earn $50 in passive income each month tax-free. What is the TFSA and how does it work? The TFSA is a registe...