Written by Amy Legate-Wolfe at The Motley Fool Canada
Canadians seeking out a strong dividend stock certainly have every right to be seeking out passive income. However, I would caution that this shouldn’t be a trade-off for returns. In fact, there are some strong dividend stocks out there providing stellar returns. But there’s one that could provide you with even more in the future.
Brookfield Business
The dividend stock I would keep an eye on these days has to be Brookfield Business Partners (TSX:BBU.UN). The company is the main holder of business and industrial services for its parent company, Brookfield Corporation. Since coming on the scene, it’s made several strong, long-term acquisitions investors can be happy with.
Moreover, these have been diversified investments in every sense of the word. Ranging from water and sewage companies in Brazil to auto dealers in the United States. Furthermore, the…
