While I'm a fan of the top ten yielding stocks in the TSX, called BTSX, there are some high yielding ETF and Funds out there that have been consistent with sticking to their monthly cash dividend payments. Some have been around for a few years and others started recently that get attention because of the managing institution's progress in the past. And, there will always be new ones that surface to consider
Although one of the biggies batted around the stock world is ... past performance is no guarantee of future results but past data gives an investor an idea of how a stock, ETF, etc., has performed going forward ... thru the highs and lows.
From this article from Dividend Earner ... I own ZWB and EIT.UN currently ... which have been "steady as she goes" when it comes to monthly cash distributions. The drawback is there is not a lot of growth but the dividends make up for it.
There are many high yield dividend income producers such as the above in Canada and a DIY investor's choice of what fits best into their portfolio to boost dividends for the short or long term.
With the "Beat the TSX" ... Enbridge (ENB) has an upcoming ex-dividend date for November and a current yield of 6.66% paid quarterly. Depending on which broker an investor uses ... ENB can be bought with zero commission fees and no management fees that come with ETFs and Funds. For example: Wealthsimple Trade and TD's Easy Trade: 50 "no commission" stock trades per year works for me where I normally buy on a monthly basis with TD.
No comments:
Post a Comment