How to earn stable passive income with dividend stocks

  • 📰 financialpost
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 85%

Business News News

Business Business Latest News,Business Business Headlines

Three dividend TSX stocks that pay passive income through dividends each and every month.

Dividend yield:There’s a big difference between investing in a retail location or food chain, and a royalty company. If you’re investing in a food chain, for example, you have to pay attention to things like revenue, earnings, income and more. But when you invest in a royalty company like Pizza Pizza Royalty , it’s a different story.

Pizza Pizza Royalty has been around since 1967, and is still doing quite well. It’s a fairly valued choice and offers a 6.25 per cent dividend yield as well. At $13.87 a $5,000 investment could potentially bring in $313.20 annually, or $26.10 each month.Now granted, financial institutions tend not to do so well during economic downturns and recessions. First National Financial isn’t an exception here, with shares down 1 per cent in the last year.

A correction may have been needed, but with only a mild recession on the way, there’s likely to be an improvement coming soon. That will include First National stock, which has still managed to see net income and revenue climb year-over-year, as of the 2022 annual earnings report. Instead, Dream expanded to the Sunbelt and Midwest regions of the United States. These regions have seen a large influx of Americans seeking out homes that offer a better lifestyle. In fact, according to a study by, Americans left highly populated areas for warmer, less populated areas in the sunbelt and Midwest.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to earn stable passive income with dividend stocksThree dividend TSX stocks that pay passive income through dividends each and every month.
Source: calgaryherald - 🏆 64. / 52 Read more »