I hope everyone is enjoying their Labour Day long weekend. I took a little vacation by having a mini-golf outing and enjoyed delicious Korean food with friends. Now, back to a cheap dividend stock with a decent dividend yield. Investment-grade retailer Canadian Tire (TSX:CTC.A) isn’t doing well from high inflation and rising interest rates because both lead to lower consumer spending and is a drag on results. Image by THAM YUAN YUAN from Pixabay The dividend stock has been in a downward trend since peaking in May 2021 after a tremendous run from about 140% from the pandemic market crash bottom ..read more

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 PixabayLife 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 annuitan ..read more

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 tr ..read more

Many investors buy dividend stocks for passive income as one of their goals. It’s important to be aware that not all stocks that pay a dividend are good for passive income. Here are a few dividend stocks that require more attention from investors. Image by Roger Mosley from Pixabay. Waves are unpredictable — much like the earnings of these dividend stocks.Energy stocks Specifically, I’m referring to energy stocks whose profitability are primarily based on the underlying commodity prices that are volatile. For example, oil and gas prices are based on the supply and demand dynamics. When energy ..read more

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. 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 ..read more

What makes a business worth owning? It is said that, ultimately, investors want stable income. Nowadays, there’s so much online information about investing. Anyone can easily set up an investment account with an online brokerage and become a self-directed investor to start earning dividend income from dividend stocks. If you’re really keen on learning, you can always pick up some investing books from Amazon or borrow from the library to reduce clutter at home. Additionally, you can study some related programs at a college or university. What makes a dividend stock worth investing in? Maybe in ..read more

Market corrections often occur because of macro factors. Global supply chain issues, the Russia-Ukraine war, the on/off of pandemic economic shutdowns, high inflation, rising interest rates are some factors that have triggered the current market correction. Even veteran investors can feel uncomfortable in such a market. However, market corrections are also the best time to buy stocks. In no way am I trying to downplay market downturns because there’s indeed heightened macro risks. But when stock prices have fallen meaningfully from a peak, it’s more reassuring to own stocks that pay you income ..read more

I hope everyone is enjoying their Labour Day long weekend. I took a little vacation by having a mini-golf outing and enjoyed delicious Korean food with friends. Now, back to a cheap dividend stock with a decent dividend yield. Investment-grade retailer Canadian Tire (TSX:CTC.A) isn’t doing well from high inflation and rising interest rates because both lead to lower consumer spending and is a drag on results. Image by THAM YUAN YUAN from Pixabay The dividend stock has been in a downward trend since peaking in May 2021 after a tremendous run from about 140% from the pandemic market crash bottom ..read more

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 in ..read more

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 PixabayLife 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 annuitan ..read more