For investors looking to create a passive income portfolio they’d be proud of, finding the top dividend stocks to buy is an important task. The thing is, for investors looking on even a relatively small global exchange like the TSX, there are hundreds of options to choose from. Picking the best companies with the most stable cash flows (and dividends that are likely to increase over time) is important.
In my view, the following two companies could be the best dividend stocks to choose from in Canada. Here’s why I think these companies are worth considering at current levels.
Fortis
Fortis (TSX:FTS) owns and operates 10 utility transmission and distribution assets in Canada and the United States. The company serves more than 3.4 million customers in the region and has smaller shares in electricity generation and several Caribbean utilities.
Notably, the company offers essential services to its customers, for which it gets…
