Dividend investing works wonders - and now’s a great time to start with these three stocks

When it comes to investing in a diversified portfolio of Canadian equities, there are usually two choices: a total return Canadian equity portfolio, or a Canadian equity dividend portfolio that generates considerably higher income.

This signals that there is now plenty of value in high-dividend-paying stocks, and that it’s a good time to buy high-yielding, high-quality names. High-quality dividend-paying stocks also tend to be considerably less volatile than non-dividend-paying stocks. As a result, these dividend-paying companies can help cushion the impact of market fluctuations.

While the primary objective of investing in these companies is to generate a steady income through dividends, many of the companies that consistently pay dividends in Canada also exhibit solid growth prospects. This dual benefit allows investors to enjoy the best of both worlds – regular income, and the potential for wealth accumulation over time.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Tuesday’s Insider Report: Company leaders are buying these three dividend stocksA look at recent notable transactions
Source: globeandmail - 🏆 5. / 92 Read more »

African Rainbow Minerals reports lower earnings in FY23, cuts dividendA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »