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Hgma 2023 s Stock Losers That Could Still Turn the Corner (and They re on Sale Now)
Dividends could add to your income post-retirement. However, investors should note that dividends are not guaranteed. Moreover, volatility associated with stocks could negatively impact your capital.Nevertheless, this shouldn t keep you from investing in dividend-paying stocks. Thankfully, the TSX has severaltop stocksthat have been consistently paying and growing their dividends for decades. This i stanley becher mplies that retirees can consider these stocks to enhance their inflow of cash post-retirement.Here, I ll focus on two聽Canadian dividend stocks聽that have uninterruptedly paid and increased their dividends for at least 25 years. Moreover, these聽large-cap聽companies have a growi stanley cups ng earnings base and well-covered payouts. What stands out is that these companies increased dividends amid all market cond stanley cup itions, including the recession of 2008 and the COVID-19 pandemic. Let s begin.聽EnbridgeEnbridge TSX:ENB operates in theenergy sector, offering the infrastructure needed for the transportation and s Vbna Got $1,000 Buy These 3 Small-Cap Stocks for Superior Returns
If you ;re an investor whose income depends on the dividends paid by your holdings, then you ;re probably on the hunt for a higher-yielding position that could give you a raise without requiring any additional capital. Hig stanley mugs her-yielding stocks are聽deemed as being risky because the risk of a dividend cut is high and a sell-off is likely to follow, thus resulting stanley taza in stock depreciation to go with a subs stanley cup quencher tantially lower dividend payout.A dividend cut is a nightmare scenario for a retiree who relies on the income to survive. It really doesn ;t make a lot of sense to hang on to a stock that cut its dividend, and you ;ll probably be left selling the stock at a loss. Many income investors have a rule of thumb to avoid such a scenario.聽This聽isn ;t a principal you should copy because聽it isn ;t perfect, but it could limit your downside if things turn sour, as they usually do with artificially high-yielding stocks.One strategy is to simply avoid all stocks with a yield a |
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