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Dividend stocks are a popular investment for investors seeking regular passive income. The TSX has several fundamentally strong companies that continue to pay and increase their dividends, making them relatively safe income stocks.
These Canadian dividend-paying stocks are backed by companies with solid business models, growing earnings bases, and solid cash flows. Further, they have well-covered payouts and a strong commitment towards enhancing shareholder’s value, regardless of market conditions.
Against this background, let’s look at three such Canadian stocks with the potential to offer worry-free dividend income over the next decade. Remember, while these stocks are promising, no investment is completely safe or risk-free.
Stock #1
Speaking of safe dividend stocks, Enbridge (TSX:ENB) could be a reliable bet. This energy company’s resilient business model and growing earnings base support its…
