Sumary of Passive Income: 4 Canadian Stocks Paying a 4% Dividend or More:
- With interest rates so low, it is no surprise that income-focused investors are turning to dividend-paying stocks..
- A top Canadian pipeline stock Pembina Pipeline (TSX:PPL)(NYSE:PBA) has been making a lot of big moves as of late..
- Just a few days ago, it put its name in the mix to acquire the contentious Trans Mountain Pipeline with a syndicate of Indigenous groups..
- Likewise, a few weeks ago it announced a friendly bid to acquire competing midstream/pipeline player Inter Pipeline..
- It also has $380 million of development projects in its pipeline, so I believe these could fuel cash flow growth for the next few years….