Category Archives: Dividends & Income

Make Top-Notch Passive Income With Dividend Stocks

Identify a list of solid dividend stocks that grow their dividends over time. Ideally, these dividend stocks should outperform at least the market (if not also their respective industries) in the long run. Aim to add shares when the dividend stocks are cheap. And then you’d be pretty much set for making top-notch passive income with dividend stocks.

Its track record of dividend growth is set to continue

One dividend stock that fit very well is Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)(NYSE:BIP). Since it was spun off from Brookfield Asset Management (TSX:BAM.A)(NYSE:BAM), BIP has increased its cash distribution every single year. BIP’s 10-year dividend growth rate is 9.9%.

So far this year the company is making excellent progress — funds from operations (“FFO”) per unit growth was 11% in the first half of the year.

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3 Ways to Earn Passive Income, including from Dividend Stocks

I missed a blog entry last weekend as I focused my energy on studying for the the final exam for my financial planning course. It’s never a bad idea to generate one’s income from diversified sources.

One interesting concept from the course was earning passive income from a life annuity. Retirees, especially may favour the predictability of the passive income generated from annuities.

Image by mohamed Hassan from Pixabay

Life annuity for passive income

Investopedia explains a life annuity as

a financial product that features a predetermined periodic payout amount until the death of the annuitant. Annuitants pay premiums or make a lump-sum payment to secure a life annuity. Life annuities are commonly used to provide or supplement retirement income.

A life annuity is a good way to get passive income to supplement one’s retirement income, including Old Age Security (OAS) payments and Canada Pension Plan (CPP) income. An advantage of life annuities is that they have no market risk, and you would get that predictable, set payment through your life.

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3 Big Reasons Why I Bought TELUS Stock Last Week

TELUS (TSX:T)(NYSE:TU) isn’t the cheapest dividend stock out there. However, this suggests that it’s relatively resilient, defensive, and predictable.

Why might investors invest in TELUS stock? It could fit the portfolios of income investors seeking passive income, for example.

Image by StockSnap from Pixabay

I said I was buying TELUS and four other dividend stocks during this market correction. Here are three big reasons why I pulled the trigger on TELUS shares last week.

Track record of dividend growth

TELUS stock has paid an increasing dividend every year since 2004. That’s a pretty long track record among the Canadian Dividend Aristocrats. TELUS ranks as one of the top 20 Canadian Dividend Aristocrats in terms of dividend-growth streak. This track record is a confidence booster for prospective investors.

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