For a Shot at $5,000 in Annual Passive Income, Buy 1,975 Shares of This TSX Stock

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Nobody can time the stock market or say with surety how much your money will grow. The stock market runs on business dynamics where several factors work for and against a sector or company. You can pull out ample examples where the stock did not meet expectations or a stock significantly exceeded expectations. But that does not mean you don’t give your money a chance to sail through the market volatility. You can invest in dividend stocks and give your money a shot at generating $5,000 in annual passive income. Let’s see how. 

How to build dividend expectations around a TSX stock

Dividends are relatively predictable compared to stock prices. A company pays its shareholders dividends from the cash left after servicing debt and capital expenditure. As an equity shareholder, you are the owner of the company and have a share in net profits. 

To simplify it, let us assume you own a bakery that generated…

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