I've met many people over the years who love their dividend stocks. They buy Canadian staples like Royal Bank, TD, BCE and Enbridge for their consistent, growing (usually) dividends. If you're an income investor, there's nothing wrong with this for the equity portion of your portfolio. But there's a way to get the fixed income side working harder - by using preferred shares.
3 Canadian Preferred Share ETFs for Steady Income
3 Canadian Preferred Share ETFs for Steady…
3 Canadian Preferred Share ETFs for Steady Income
I've met many people over the years who love their dividend stocks. They buy Canadian staples like Royal Bank, TD, BCE and Enbridge for their consistent, growing (usually) dividends. If you're an income investor, there's nothing wrong with this for the equity portion of your portfolio. But there's a way to get the fixed income side working harder - by using preferred shares.