Written by Andrew Walker at The Motley Fool Canada
September has a history of being a volatile month for stock markets and that could turn out to be the case in 2024. Pullbacks can provide investors with buying opportunities on dips but also require some caution when putting new money to work.
As such, self-directed Registered Retirement Savings Plan (RRSP) investors might want to consider discounted dividend stocks that have long track records of dividend growth and could outperform in the next year. Recent rate cuts by the Bank of Canada and anticipated cuts by the U.S. Federal Reserve should provide support for dividend stocks in 2025.
TC Energy
TC Energy (TSX:TRP) operates 93,000 km of natural gas pipelines and about 650 billion cubic feet of natural gas storage capacity in Canada, the United States, and Mexico. The stock dropped from $74 in 2022 to as low as $45 last year as interest rates rose, but it has since…
