Wed, December 18, 2024
[ Wed, Dec 18th 2024 ] - Forbes
Best High-Return Stocks In India
Tue, December 17, 2024
Mon, December 16, 2024
Sun, December 15, 2024
Sat, December 14, 2024
[ Sat, Dec 14th 2024 ] - Yahoo Finance
10 Top Stocks to Buy in 2025
Fri, December 13, 2024
[ Fri, Dec 13th 2024 ] - CNBC
The best annuity companies of 2025
Thu, December 12, 2024
Wed, December 11, 2024

Passive Income Investors: This TSX Fund Has a 7.6% Yield With Monthly Payouts


//stocks-investing.news-articles.net/content/202 .. x-fund-has-a-7-6-yield-with-monthly-payouts.html
Published in Stocks and Investing on by MSN   Print publication without navigation

The post Passive Income Investors: This TSX Fund Has a 7.6% Yield With Monthly Payouts appeared first on The Motley Fool Canada.

The article from MSN discusses the appeal of passive income through investing in a specific TSX-listed fund, the First National Financial Corporation (TSX:FN). This fund offers a high yield of 7.6% with monthly payouts, making it particularly attractive for investors seeking regular income. First National Financial is highlighted for its stability and consistent performance, primarily due to its business model which involves underwriting and servicing mortgages. The article explains that despite economic fluctuations, the company has maintained a strong track record of dividend payments, supported by its robust underwriting practices and a diversified portfolio of mortgage products. It also notes that while the yield is attractive, potential investors should consider the risks associated with real estate market cycles and interest rate changes. The piece concludes by suggesting that for those looking to generate passive income, First National Financial could be a solid choice given its history of reliable dividends and the current yield environment.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/savingandinvesting/passive-income-investors-this-tsx-fund-has-a-7-6-yield-with-monthly-payouts/ar-AA1vPE4r ]

Publication Contributing Sources