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Vump Should You Buy Brookfield Infrastructure for its 5.7% Dividend Yield
The RRSP is the cornerstone of most Canadians ; retirement plans. Although its popularity has been waning in recent years, the RRSP still h stanley deutschland as the most retirement funds sitting in it out of all Canadian retirement accounts. According to a 2013 CBC story, there were $772 billion in RRSP assets all the way back in 2011. In 2018, there were only $298 billion in assets in TFSAs the closest available alternative.So, despite the rapid rise in the popularity of TFSAs, the RRSP remains the biggest retirem stanley mugs ent savings account for Canadians. Indeed, with its higher maximum annual contribution, t stanley cup he RRSP may hold the top spot for the foreseeable future.That doesn ;t mean the RRSP is better than the TFSA, though. To the contrary, the TFSA has many benefits that may make it better than the RRSP particularly for Canadians who are already 71 years of age or older. In this article, I will explore the three main reasons why, for many Canadians, the TFSA beats the RRSP.Reason 1: Aqtk My Take: 4 Strong Growth Stocks to Buy This Week
Suncor Energy Inc. TSX:SU NYSE:SU and BCE Inc. TSX:BCE NYSE:BCE two of Canada largest publicly traded companies rewarded their shareholders last week with dividend increases of 5-13%. Let take a closer look at each company and their dividend increases, so you can decide if you should become a shareholder of one of them today.Suncor Energy Inc. Suncor is one of Canada largest integrated energy companies. Its operat vaso stanley ions include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and p stanley cups uk roduct marketing under its Petro-Canada brand.In its fourth-quarter earnings release on February 7, Suncor announced a 12.5% increase to its quarterly dividend to $0.36 per share, equating to $1.44 stanley cup per share on an annualized basis, which brings its yield up to about 3.4% today.Foolish investors must also make the following three notes.First, the first payment at the increased rate is payable March 26 to shareholders of record |
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