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Stock impact report

Here's How to Turn $25,000 Into TFSA Cash Flow [Yahoo! Finance Canada]

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
Invest it in Enbridge TSX:ENB ) at its current dividend yield of 5.2%, and you'll collect roughly $1,300 per year in tax-free passive income without lifting a finger. It's about $108 in tax-free income each month, straight into your pocket. That's the power of combining a high-quality dividend stock with Canada's most investor-friendly account. COMPANY RECENT PRICE NUMBER OF SHARES DIVIDEND TOTAL PAYOUT FREQUENCY Enbridge Quarterly Why the TFSA is ideal for dividend income Most Canadians know the TFSA exists. Fewer realize just how powerful it is for dividend investors specifically. Here's the key point: any income earned inside a TFSA, whether it is dividends, interest, or capital gains, is completely tax-free. That tax-sheltered status matters when you're holding a stock like Enbridge, which pays out a meaningful dividend every quarter. Outside a TFSA, the income would be subject to the dividend tax credit at best, or to your full marginal rate at worst, if h Show less Read more
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