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Stock impact report

TFSA Dividends: A High-Yielder to Lock in for Decades of Passive Income [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
For income investors looking to turn their TFSA (Tax-Free Savings Account) into a source of tax-free passive income, there are numerous high-yielders to keep tabs on as the year progresses. Undoubtedly, you don't want to get drawn into the siren song of super high yields, only to get punished with a dividend cut with a side of some capital losses. That's why it's more important to focus on the balance sheet, the growth narrative, and how a payout can appreciate over the long haul. Sure, it's nice to go for the 8–10% yield now while worrying about the risks later, especially if the yield has compressed a bit over the near term as a result of potential newfound momentum. As share prices rise, yields go down, which may seem to be a closing window for some investors looking to “lock in” that yield while it's still above a certain level. A TFSA is great for tax-free dividends. But don't chase the too-good-to-be-true yields! Of course, things do get choppier and riskier the higher yo Show less Read more
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