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3 of the Best Dividend Stocks to Buy for Long-Term Passive Income – The Motley Fool Canada

Looking for some top dividend stocks to add to your portfolio for long-term passive income? Here are three great options to consider.

1. Fortis Inc. (TSX:FTS) is a solid choice for investors looking for stable and reliable dividends. As a regulated utility company, Fortis generates consistent cash flow, allowing it to pay a steadily increasing dividend to its shareholders. With a long track record of dividend growth and a strong presence in North America, Fortis is a great pick for long-term investors seeking passive income.

2. Canadian National Railway Company (TSX:CNR) is another excellent dividend stock to consider. As one of the largest railway companies in North America, CN Rail has a strong competitive advantage and a solid track record of dividend growth. With a diversified revenue stream and a history of strong financial performance, CN Rail is a great choice for investors looking for reliable dividends over the long term.

3. Enbridge Inc. (TSX:ENB) is a leading energy infrastructure company that offers attractive dividends to its shareholders. With a diverse portfolio of assets and a strong presence in key markets, Enbridge generates stable cash flow that supports its generous dividend payouts. As a reliable income generator with a history of dividend growth, Enbridge is a top pick for investors seeking long-term passive income.

Overall, Fortis, CN Rail, and Enbridge are three of the best dividend stocks to consider for long-term passive income. With their strong track records of dividend growth and solid financial performance, these companies offer investors a great opportunity to earn reliable income over the long term.

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