Mhsi Income Investors: Sleep Easy With This 5% Dividend Stock
There are a lot of Canadians out there who may be scared about the current market conditions. In fact, at the time of writing this article, the TSX today has started dropping after the Bank of Canada announced a 50-basis-point increase to the interest rate.But it important that when a downturn like this happens, Canadians seek out opportunities. Now, I ;m not saying you should buy up growth stocks. Far from it. If you ;re nervous about investing, that certainly not for you.Instead, look into strong companies you can buy cheap for quick returns ones that will last decades. And luckily, I have three TSX stocks to recommend so you can be greedy, not fearful.FortisA strong option to consider is Fortis TSX:FTS NYSE:FTS , a utilities stock that offers stable returns as well as dividend increases. The company uses its revenue growth
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stanley cups ns. It a stable busines Nvtv RRSP Investors: 2 Top Canadian Dividend Stocks With Huge Upside Potential
Inter Pipeline Ltd聽 TSX:IPL has already cut its dividend once this year. Once a high-yielding payout that was paying $0.1425 every month, shareholders are n
stanley cups ow receiving payments of just $0.04. But with the oil and gas company facing pressure from low oil prices and the COVID-19 pandemic, a dividend cut seemed inevitable.Now that months have passed sin
stanley cup ce its dividend cut, it could be a good time to re-assess the company payouts. Let have a look at whether the current dividend payments are safe, or if Inter Pipeline may need to trim its payouts yet again.Future profits could be stronger than expectedIt won ;t be until August that Inter Pipeline release
stanley mugs s its next round of quarterly results. Once they ;re out, investors will get a better picture of how much of an impact COVID-19 having on the oil and gas company. But there are a couple of reasons to expect that things will be better for Inter Pipeline and that they won ;t be as bad as the company fea
