A 7.4% yield, paid monthly

This is one of the highest yield passive income producers in Canada.

Motley Fool Canada (CA)

Sent on 13 January 2024 10:45 AM

Text Summary Of This Email

This is one of the highest yield passive income producers in Canada.
The Motley Fool
An 7.4% yield, paid monthly.
Canadas inflation rate remains high, meaning youre effectively losing money by investing in most GICs, or worse, leaving your money in a so-called high interest savings account.Thats why were banging on the table for investors to pick up shares of what we think is one of the best dividend stocks in Canada a top TSX passive income producer.Heres what you should know:
It hasa sky-high dividend yield of 7.4%right now that makes it an inflation beater!
It pays monthly meaning a dividend payment hits your account every month.
Its trading at what looks like agreat price but who knows for how much longer?
And heres the best part were giving this dividend stock pick away for FREE today to every new member of Stock Advisor Canada.For less than $2 a week, it'sthe greatest bargain in the financial industry in my opinion. Especially considering it's backed by our 30-day membership-fee-back guarantee.Want a dividend stock you can add to your portfolio today to lock in an+7% yield, paid monthly? Click the buttonbelow to learn more!
Join Stock Advisor Canada and get this 7.4% yield dividend pick!
Disclaimer: The Motley Fool is not a registered investment advisor or broker/dealer. Any information, commentary, recommendations or statements of opinion provided here are for general information purposes only. It is not intended to be personalised investment advice or a solicitation for the purchase or sale of securities. The information contained in this publication is obtained from, or based upon publicly available sources that we believe to be reliable, but The Motley Fool makes no warranty as to their accuracy or usefulness of the information provided. Please remember that investments can go up and down. Past performance is not indicative of future results. Upon renewal, the annual membership fee will vary from this sale price.
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