The 3 Best TSX Dividend Stocks to Buy: A Cut Above the Rest

the 3 best tsx dividend stocks to buy a cut above the rest

Sumary of The 3 Best TSX Dividend Stocks to Buy: A Cut Above the Rest:

  • Motley Fool investors always prefer to invest in fundamentally strong dividend stocks with high yields.
  • This way, investors can generate passive income and be confident to invest the other part of their stock portfolio in some cheap high-growth stocks.
  • In this article, I’ll highlight three of the best high-dividend-yielding TSX stocks from different industries.
  • These are some of the best dividend stocks that will help you generate extra income, and their strong fundamentals could allow you to remain worry-free, even in tough economic times.
  • Bank of Nova Scotia stock Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) is my first pick on the list of the best Canadian dividend stocks right now.
  • Its stock is currently trading at $77.69 per share with about 13.3% year-to-date gains, and it offers a dividend yield of 4.6%.
  • Notably, Scotiabank’s dividend per share increased by more than 32% in the five years between 2015 and 2020. Moreover, its strong balance sheet and diversified financial services offerings make BNS stock worth considering for dividend investors right now.
  • Enbridge stock Enbridge (TSX:ENB)(NYSE:ENB) is one of the top Canadian energy sector companies to invest in right now.

Want to know more click here go to source.

From -

Generic selectors
Exact matches only
Search in title
Search in content

Site Language

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.