Written by Amy Legate-Wolfe at The Motley Fool Canada
Editor’s note: A previous version of this article incorrectly stated that Fiera Capital pays a monthly dividend. The dividend is paid out quarterly. The article has been corrected.
A high-yield dividend stock may not always have the best reputation, but it can be a fantastic buy if it boasts a solid long-term growth trajectory and a strong background. That’s because it combines the best of both worlds: reliable income and growth potential. When you invest in a company with a proven track record and strong fundamentals, you’re not just betting on quick gains; you’re setting yourself up for a steady stream of passive income while enjoying the ride of capital appreciation. And there’s one dividend stock that offers this up in spades.
Fiera stock
Fiera Capital (TSX:FSZ), founded in 2003, is a Canadian asset management firm that specializes in providing…
