TFSA Investors: 3 Dividend Stocks for Worry-Free Passive Income [Yahoo! Finance Canada]
TC Energy Corporation (TRP)
Last tc energy corporation earnings: 5/1 07:30 am
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Source: Yahoo! Finance Canada
Investing in top dividend stocks through a Tax-Free Savings Account (TFSA) has been a smart strategy for generating worry-free, tax-free passive income since 2009. This is because dividends, capital gains, or interest are exempt from tax in a TFSA, thereby enhancing overall returns. With this background, let's look at the three Canadian stocks worth buying and holding in a TFSA for worry-free passive income. These fundamentally strong companies have stable businesses and a growing earnings base, enabling them to reward their shareholders with higher dividend distributions consistently. Moreover, these stocks offer attractive yields. TFSA dividend stock #1 Telus TSX:T ) is known for its consistent payouts and high yield, making it a top choice for TFSA investors looking to earn worry-free passive income. Canada's leading wireless service provider has consistently rewarded its shareholders through its multi-year dividend-growth program. For instance, it has paid about $21 billion
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TRP
Earnings
- 11/7/24 - Beat
TRP
Sec Filings
- 12/2/24 - Form 6-K
- 11/20/24 - Form 6-K
- 11/13/24 - Form SC
- TRP's page on the SEC website