Written by Sneha Nahata at The Motley Fool Canada
A steady investment in top dividend-paying companies over time can help create a resilient portfolio that generates significant income. While these fundamentally strong companies generate worry-free passive income, investors can also benefit from decent capital gains in the long term.
So, for investors planning to build a solid income portfolio, here are the five top Canadian dividend stocks to buy now.
Canadian Natural Resources
Speaking of top dividend stocks Canadian Natural Resources (TSX:CNQ) appears to be an attractive investment. This oil and natural producer is famous for its resilient payout and growing dividend, rising at a solid pace. For example, the energy company has increased its dividend for 24 consecutive years. Moreover, its dividend has sported a compound annual growth rate (CAGR) of 21% during the same period.
Besides its solid payouts,…
