Top Canadian Utility Stocks for Dividend Investing
The stock prices keep falling this week, so I'm buying! Today I add to two of my Canadian Utility Stocks for their strong dividends, at a discounted price. I also pick up one share of a REIT with my left over cash for the day. My Canadian dividend portfolio's biggest sector is actually utilities. A lot of Canadian Utility Stocks pay some of the best dividends out there, and are well positioned for growth and stability in the long term. Canada is cold, and we're all still going to be paying for heat for decades to come. You can get the Dividend Tracker Google Sheet that I use in the video here.
f you are Canadian and want to start buying dividend stocks, Wealthsimple Trade is a really easy and convenient way to start putting aside some money. You can even buy one stock at a time for just a few dollars. If you have $100 to invest, you can use this link, and they’ll add $10 your account as a bonus. Immediate 10% ROI... not bad! If you already signed up for Wealthsimple Trade, you can still claim the $10 with this code: BL5OIW
Disclaimer: I am not a financial professional or advisor. Nothing on this website or the associated social media accounts constitutes financial advice. I'm just documenting my own investing journey and don't suggest that you do the same. Investing is risky, so make your own decisions or hire a qualified professional make them for you.
I'm documenting the growth of a Canadian dividend investing portfolio and make videos about dividend investing, Canadian stocks, Wealthsimple Trade, Google Sheets, personal finance, and passive income.