3 Canadian Stocks Perfect for Long-Term Dividend Investing

dividend growth for passive income
Source: Getty Images

Written by Puja Tayal at The Motley Fool Canada

Mostly, retirees look to the Canadian stock market for stocks that can supplement their pensions with inflation-adjusted dividends. But who says only retirees can invest in them? Your investing strategy depends on your financial requirements.

Everyone’s situation is different. For instance, gig workers and small business owners have uneven cash flow. They could preserve the significant cash inflow they receive from client payments for their daily expenses. A salesperson could convert his large bonus into a new source of passive income. Depending on your situation, you can invest in growth or dividend stocks.

If long-term dividend…

Source link