Enjoy 6.7% yield from TC Energy

Enjoy 6.7% yield from TC Energy

While rising interest rates have spurred income-seeking investors to buy bonds, we still prefer high-quality utilities like TC Energy. This regulated business cuts your risk and delivers lots of cash flow for dividends.

Canadian investors also benefit from the dividend tax credit.

The stock trades at… Read More

Enbridge offers strong growth ahead

Rising interest rates boost the appeal of bonds and so can hurt the share prices of competing high-yield utility stocks like Enbridge. It’s important to note, however, that bond investors must treat interest payments they receive as regular income. As a result, they pay higher… Read More