3 Canadian Stocks With Insanely Fast-Growing Dividends

Date:

Image source: Getty Images

Written by Sneha Nahata at The Motley Fool Canada

Dividend-paying stocks are a great source of passive income. Thankfully, the TSX has several fundamentally strong stocks, like Fortis and Enbridge, that have increased dividends for decades. This makes them an excellent investment for generating worry-free income.

While Fortis and Enbridge are undoubtedly top income stocks, I’ll focus on companies growing their dividends insanely fast.

With this backdrop, let’s look at three Canadian stocks with an impressive dividend growth history.

Canadian Natural Resources

Speaking of reliable stocks with insanely fast dividend growth, Canadian Natural Resources (TSX:CNQ) tops my mind. This crude oil and natural gas production company is known for rewarding its shareholders with higher dividend payments. For instance, Canadian Natural Resources increased its dividend for 24 consecutive years. During this period,…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...