The TSX has several high-quality dividend-paying companies that pay and increase their payouts regardless of the market conditions. This attribute makes these companies a reliable investment for passive-income seekers.  However, I’ll focus here on fundamentally strong companies with high dividend-growth rates. With this backdrop, let’s look at five such Canadian stocks with a high dividend growth history. goeasy goeasy (TSX:GSY) consistently generates stellar earnings. Its growing earnings base enables this subprime lender to increase its di ..read more

Are you looking for growth and security in 2024? Blue-chip stocks are your best answer. These companies have been around for decades, offering strong balance sheets and dividends to boot. But if you want the best of the best in 2024, that list certainly becomes a little bit shorter. I would skip out on stagnant and volatile oil and gas stocks. I’d also perhaps steer clear of the financial institutions as well if you want short-term growth. Instead, consider these two blue-chip stocks that will set you up for May and beyond. Canadian National Railway First up, investors would do well to cons ..read more

Canadian investors should look to leverage the benefits offered by registered accounts such as the TFSA (Tax-Free Savings Account). Introduced in 2009, the TFSA provides investors with a chance to generate tax-free returns for life on investments such as stocks, bonds, mutual funds, and exchange-traded funds. The TFSA contribution room for 2024 has increased to $7,000, raising the maximum cumulative contribution limit to $95,000. Canadian investors can consider holding shares of fundamentally strong dividend-growth companies in the TFSA to benefit from recurring dividend income and long-term ..read more

It seems as though Canadian investors could be looking at pot stocks 2.0 in the near future. That market likely came back on many investor radars this week as Canadian pot stocks jumped by as much as 80%! And yet, it all comes down to news across the border. So let’s get into what’s going on, and if investors should get in, or get out. What happened The big news came as reports were released that the Drug Enforcement Administration (DEA) would be reclassifying marijuana as a less dangerous drug. After 50 years of having cannabis scheduled as a Schedule I narcotic, the substance would drop ..read more

If you’re looking for growth, the market isn’t stocked full of options these days. However, one company has seen growth rise higher and higher recently. That company is CGI (TSX:GIB.A). Shares of CGI stock rose higher on strong earnings, but the question is whether more could be on the way. So let’s get into what makes CGI stock so great, and whether there is momentum from previous quarters. About CGI stock First, let’s get into more information about CGI stock. CGI is a multinational information technology (IT) and consulting company based in Canada.  Initially, it operated as ..read more

New investors should seek to manage volatility such that they’re not inclined to sell shares after a particularly bad market-losing streak. Indeed, market sell-offs happen. Yet, most near-term investors have their guard down. Even if a long-term growth thesis is still on the table, the markets can still get rocked. For those with extended investing horizons, such plunges tend to be pretty good buying opportunities. However, patience and discipline are key to doing well in stocks over time. At the end of the day, it’s long-term investors who expect to take a hit to the chin immediately after t ..read more

Telus (TSX:T) is down more than 20% in the past year. Contrarian investors seeking high dividend yields and a shot at decent capital gains are wondering if Telus stock is now undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP). Telus stock Telus trades near $22.50 at the time of writing compared to $28 around this time last year. In the spring of 2022, the stock was as high as $34. The slide in the share price over the past two years is largely due to rising interest rates in Canada. Telus uses debt as part of its fundi ..read more

Earnings season is upon us, and while some dividend stocks have seen growth, others have fallen to the side. But today, let’s focus on the good news. We’ll cover two dividend stocks that continued their growth this month and could still be a strong buy to consider in May. Brookfield Renewable Shares of Brookfield Renewable Partners (TSX:BEP.UN) shot up with strong earnings being the culprit. And it’s about time. Shares of the dividend stock continue to trade at nearly half of their all-time highs, achieved back in 2021. The company had a record first quarter, literally. And what’s mo ..read more

One of the most popular dividend stocks on the TSX is TC Energy (TSX:TRP). Valued at a market cap of $51.6 billion, TC Energy is among the largest companies in Canada and transports 25% of the gas required in North America. With $125 billion in total assets, TC Energy stock has returned 11% annually to shareholders, showcasing the resiliency of its business model and cash flows. Despite its outsized gains, TC Energy stock offers shareholders a tasty dividend yield of 7.7% given it pays shareholders an annual dividend of $3.84 per share. Let’s see if you should buy TC Energy stock at its cu ..read more

The Canadian telecom sector has been in an upheaval. There are five noteworthy TSX stocks in the telecommunication services sector. Of the five, three have fallen steeply since April 2022, while two had a rollercoaster ride with a sharp recovery in April 2023 and January 2024. The three stocks in the downtrend are BCE (TSX:BCE), Telus Communications (TSX:T), and Cogeco Communications (TSX:CCA). The two rollercoaster stocks are Rogers Communications and Quebecor.         What’s going on in th ..read more