The 5 Percent Dividend Stock Set to Dominate the TSX

Date:

Image source: Getty Images

In 2024, dividend stocks remain in focus for a wide range of investors. Those taking a passive approach to investing or looking to create an income stream in retirement may already hold or are considering companies like Canadian banking giant Toronto-Dominion Bank (TSX:TD). There are many reasons to hold this stock over the long term, including the company’s long-term performance and dividend-growth profile.

I think TD Bank has what it takes to continue to see greater price appreciation and challenge for the top spot on the TSX over time. Here’s why I remain bullish on this Canadian banking giant right now.

TD Bank is among the best financial stocks in the world

A global player in the financials sector, TD Bank is best known as a Canada-focused institution. That said, the company’s footprint across the East Coast of the U.S. is impressive, with U.S. retail banking being among the key growth…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...