Andrew Walker

6 days ago | fool.ca | Andrew Walker

The TSX recently hit a record high, but some top Canadian dividend stocks missed the party. Contrarian investors with a buy-and-hold strategy are wondering which dividend-growth stocks might be undervalued right now and good to add to a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on long-term total returns. Canadian National Railway (TSX:CNR) is down 14% in the last 12 months.

1 week ago | fool.ca | Andrew Walker

Canadian savers are searching for good stocks to buy for their self-directed Registered Retirement Savings Plan (RRSP) portfolios focused on dividends and total returns. With the TSX near its record high and tariff uncertainty expected to provide ongoing volatility in the coming months, it makes sense to consider established companies with strong businesses that can ride out market turbulence. Canadian National Railway (TSX:CNR) increased its dividend in each of the past 25 years.

1 week ago | fool.ca | Andrew Walker

Young Canadian investors are using their self-directed Tax-Free Savings Account (TFSA) to build retirement portfolios. One popular investment strategy involves buying top Canadian dividend stocks and using the distributions to acquire new shares. Each time dividends are used to buy new shares, the next dividend payment increases. Depending on the movement of the share price, this can potentially buy even more shares. It is a bit like rolling a snowball to make a snow boulder.

1 week ago | fool.ca | Andrew Walker

Retirees and other dividend investors are searching for good stocks to add to their self-directed Tax-Free Savings Account (TFSA) focused on generating reliable and growing passive income. Canadian Natural Resources (TSX:CNQ) is Canada’s largest energy company with a current market capitalization near $90 billion. The stock is down about 18% in the past year, currently trading near $43 per share. It was as high as $53 at one point in the past 12 months.

1 week ago | fool.ca | Andrew Walker

Canadian savers are using their self-directed Registered Retirement Savings Plan (RRSP) contributions to create wealth portfolios that will complement government and company pensions in retirement. One popular RRSP investing strategy involves buying top TSX dividend stocks and using the distributions to acquire more shares. Many companies offer a dividend-reinvestment plan (DRIP) that enables shareholders to automatically use dividend payments to buy more shares.