A 6.3% Dividend Stock to Buy and Hold While the Fed Pauses
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A 6.3% Dividend Stock to Buy and Hold While the Fed Pauses
With inflation still simmering and central banks like the Federal Reserve taking a breather on interest rate hikes, Canadians are rethinking how to make their money work. High-interest savings accounts and guaranteed investment certificates (GIC) remain safe options. Yet yields are starting to look less attractive as policy rates flatten. That opens the door for dividend-paying investments, especially income trusts. But recent changes from the C…
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