Passive Income: 2 High-Yield Canadian Dividend Stocks for a TFSA – Yahoo Canada Finance

Passive Income: 2 Top Canadian Dividend Stocks for a TFSA

Investing in dividend stocks is a great way to generate passive income for your TFSA. Two high-yield Canadian dividend stocks worth considering are BCE Inc. and Enbridge Inc.

BCE Inc. is a telecommunications company that has a solid track record of paying dividends. With a current dividend yield of around 5%, BCE is a reliable choice for investors looking for steady income. The company’s strong cash flow and stable business model make it a safe bet for long-term investors.

Enbridge Inc. is a leading energy infrastructure company with a dividend yield of approximately 6%. The company operates a vast network of pipelines, making it a key player in the energy sector. Enbridge’s diverse portfolio of assets and stable cash flow make it an attractive option for income-seeking investors.

Both BCE Inc. and Enbridge Inc. are top Canadian dividend stocks that can help you build a passive income stream in your TFSA. Consider adding these stocks to your portfolio for long-term growth and income potential.