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Stock impact report

Invest $20,000 in These 4 Dividend Stocks for $928 in Passive Income [Yahoo! Finance Canada]

TC Energy Corporation (TRP) 
Last tc energy corporation earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: transcanada.com/en/investors
Investing in dividend stocks for passive income doesn't need to be complicated. Canada has a wonderful mix of dividend stocks to choose from. With the right mix of reliable dividend stocks, a $20,000 investment can turn into $928 or more every year. We'll break down how these four Canadian dividend stocks can provide ample diversification , durable fundamentals, and an attractive total dividend yield. An energy infrastructure stock for dividends The first dividend stock I'd look to buy with $5,000 is TC Energy TSX:PPL ). This $83 billion market cap company yields 4.3% today. A $5,000 investment in TC Energy would earn $52.70 per quarter or $210.80 annualized. TC has an excellent dividend growth record. It has raised its annual dividend for 25 consecutive years. It expects to keep growing that dividend by a 3–5% annual rate going forward. TC operates a very steady business. It is a natural gas infrastructure leader in North America. Thirty percent of the gas consumed in Nort Show less Read more
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