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Stock impact report

TFSA Income: 2 Top Canadian Dividend Stocks for Pensioners [Yahoo! Finance Canada]

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
Market volatility has Canadian retirees wondering which TSX stocks might be good to buy right now for a self-directed Tax-Free Savings Account (TFSA) portfolio focused on passive income. Fortis Fortis TSX:FTS ) is a good example of a dividend-growth stock retirees can rely on in challenging economic times. The board at Fortis has increased the dividend annually for the past 51 years. Fortis owns and operates utility assets in Canada, the United States, and the Caribbean. These businesses include natural gas distribution utilities, power-generation facilities, and electricity transmission networks. Nearly all the revenue is rate-regulated. This means cash flow tends to be stable and predictable, which helps Fortis plan its investment program. Fortis grows through a combination of acquisitions and organic projects. The current $26 billion capital program is expected to raise the rate base from about $39 billion in 2024 to $53 billion in 2029. As new assets are completed and go Show less Read more
Impact Snapshot
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