Written by Sneha Nahata at The Motley Fool Canada
Investing in the best Canadian dividend stocks can help generate a reliable and growing passive income for years. The dividends of these companies are supported by their solid fundamentals and a growing earnings base, which enables them to pay and increase their payouts over time.
While the TSX has multiple companies offering durable dividends, I’ll focus on Canadian stocks with a solid history of uninterruptedly paying and growing dividends. Moreover, these companies will most likely increase their payouts in the upcoming years.
TC Energy
Speaking about the best Canadian dividend stocks, Canadians could consider shares of the energy infrastructure company TC Energy (TSX:TRP). The company is renowned for paying and raising dividends steadily, thanks to its diversified and utility-like assets that generate stable and predictable cash flows.
For instance, this energy…
