Invest $7,000 in This TSX Dividend Stock for $415 in Passive Income [Yahoo! Finance Canada]
Enbridge Inc (ENB)
Last enbridge inc earnings: 2/14 07:00 am
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US:NYSE Investor Relations:
enbridge.com/investment-center/dashboard
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Source: Yahoo! Finance Canada
Canadian investors should consider holding quality dividend stocks in their Tax-Free Savings Accounts (TFSA) to benefit from a steady stream of passive income and long-term capital gains. As all returns generated from qualified investments in the registered account are exempt from Canada Revenue Agency taxes, dividends can be reinvested, which should drive these payouts higher over time. In 2025, the TFSA contribution room has increased by $7,000, bringing the cumulative contribution room to $102,000. So, let's see where you can invest $7,000 in 2025 to earn more than $400 in tax-free passive income over the next 12 months. Is the TSX dividend stock a good buy right now? Valued at a market cap of $138 billion, Enbridge TSX:ENB ) is a Canada
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News
- TFSA Passive Income: Where to Invest in 2025? [Yahoo! Finance Canada]Yahoo! Finance Canada
- TFSA Dividend Income: 2 Solid Canadian Dividend Stocks for Retirees to Own Now [Yahoo! Finance Canada]Yahoo! Finance Canada
- 3 High-Yield Stocks Beating the Market Slump That You Can Still Buy Hand Over Fist [Yahoo! Finance]Yahoo! Finance
- Enbridge Inc. Declares Quarterly DividendsPR Newswire
- 3 Dividend Stocks Offering At Least a 6% Yield for Retirees [Yahoo! Finance Canada]Yahoo! Finance Canada
ENB
Earnings
- 2/14/25 - Beat
ENB
Sec Filings
- 4/15/25 - Form SCHEDULE
- 3/21/25 - Form ARS
- 3/21/25 - Form 8-K
- ENB's page on the SEC website