Tue, December 24, 2024
Fri, December 20, 2024
Thu, December 19, 2024
[ Thu, Dec 19th 2024 ] - Forbes
13 Must-Read Investing Books
[ Thu, Dec 19th 2024 ] - Forbes
PepsiCo Is Oversold
[ Thu, Dec 19th 2024 ] - Aviva
Types of Investments
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
[ Sun, Dec 15th 2024 ] - MSN
The best ASX gold stocks to buy in 2025
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

The Best Canadian Dividend Stocks to Buy and Hold Forever in a TFSA


//stocks-investing.news-articles.net/content/202 .. nd-stocks-to-buy-and-hold-forever-in-a-tfsa.html
Published in Stocks and Investing on by The Motley Fool Canada   Print publication without navigation

Questioning an investing thesis — even one of our own — helps us all ... Fool contributor Sneha Nahata has no position in any of the stocks mentioned. The Motley Fool recommends Fortis. The Motley Fool has a disclosure policy.

The article from Fool.ca, published on December 16, 2024, discusses the best Canadian dividend stocks to consider for long-term investment within a Tax-Free Savings Account (TFSA). It highlights the benefits of investing in dividend stocks within a TFSA, such as tax-free income and growth. The article lists several top picks for dividend stocks, including:

  • Fortis Inc.: Known for its consistent dividend growth, Fortis has a history of increasing dividends for over 50 years, making it a reliable choice for steady income.
  • Bank of Nova Scotia (Scotiabank): As one of Canada's Big Five banks, it offers a high dividend yield and has a strong international presence, particularly in Latin America.
  • Enbridge Inc.: This energy infrastructure company provides a high yield and has a diversified business model that supports its dividend payments.
  • Canadian National Railway (CN): While not traditionally known for high dividends, CN has a solid track record of increasing dividends, supported by its essential role in North American logistics.
  • BCE Inc.: A telecom giant with a stable income stream from its services, offering a reliable dividend payout.

    The article emphasizes the importance of diversification, the stability of these companies, and their ability to weather economic downturns, making them ideal for a long-term, tax-advantaged investment strategy within a TFSA.

    Read the Full The Motley Fool Canada Article at:
    [ https://www.fool.ca/2024/12/16/the-best-canadian-dividend-stocks-to-buy-and-hold-forever-in-a-tfsa/ ]

  • Publication Contributing Sources