Category Archives: Dividend Ideas

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.

Read More

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.

Read More

5 Canadian Dividend Stocks with +4% Yields I’m Buying in This Market Correction

Wouldn’t it be nice to own assets that will pay you income without you having to lift a finger? You can buy Canadian dividend stocks that pay out eligible dividends that are favourably-taxed in non-registered accounts.

The current market correction provides the rare opportunity to buy stocks at discounts. Here are five Canadian dividend stocks with dividend yields of at least 4% that I’m eyeing to buy.

next to jar of coins is stacks of coins that are growing taller

TD Bank stock yields +4.3%

I don’t have a crystal ball and can’t know for sure that Toronto-Dominion Bank (TSX:TD(NYSE:TD) will fall lower from current levels. In the grand scheme of things, it doesn’t matter whether I buy now or three months later.

What matters is that I buy the quality dividend stock when it trades at a good valuation. So, when I had some extra cash leftover from my paycheque this month, I picked up some shares.

Read More