Top dividend stocks could deliver strong returns in 2021, as investors book profits on stay-at-home winners and seek out post-pandemic recovery bets. February 6, 2021. The stocks should continue to be Dividend Aristocrats in the coming years and offer solid growth prospects for TFSA investors in 2021. Dividend bearing stocks in more established companies like Enbridge are usually to generate some income with a smaller amount of risk and best for an RRSP. And right now, they think there are 10 stocks that are better buys. Returns since inception, October 2013. Home » Investing » The Best Dividend Stocks to Own in Your TFSA, Ambrose O'Callaghan | February 16, 2021 | More on: BIP CM SU BIP.UN CM SU. Given the steady revenue outlook TC Energy appears oversold at this level, investors who buy now can get 5.25% yield. 0 It had already started to see improvement in client applications since the beginning of the pandemic. Dividend gross-ups increase the total of your net world income, potentially triggering the CRA’s pension recovery tax on OAS payments. 5 Top Canadian Stocks to Buy Under $30 for Superior Returns. They possessed a total fair market value of $298 billion. TFSA investors want top dividend stocks to boost income or grow their retirement portfolios… Facebook LinkedIn Twitter Google+ Reddit Email. Canada Revenue Agency: Big Changes Coming to the Canada Child Benefit in 2021. Growth strategies are tempting in a TFSA, but they can also be a reliable source of tax-free income. Why BCE is an attractive dividend stock in 2021 BCE (TSX:BCE)(NYSE:BCE) just reported solid Q4 2020 earnings. However, the major benefit of the TFSA in my opinion is the compounding effect of capital gains at a zero percent tax rate. Not to alarm you, but you’re about to miss an important event. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. As the new assets go into service, TC Energy expects revenue and cash flow to expand enough to maintain steady dividend growth. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. That’s great news for TFSA investors with some cash available to invest in the best TSX stocks. The best TFSA accounts in Canada for 2021 Read on to learn the basics about TFSAs , and browse the best TFSA rates and accounts for Canadians to determine which account suits your needs best. It also turns out that a number of the largest dividend stocks in Canada are also dividend growth stocks. Business; TFSA Investors: Top 3 Dividend Stocks for 2021. by woorr. Growth stems from a combination of acquisitions and organic projects. Retirees and other investors seeking reliable income stocks should consider these names for their TFSA portfolios. Still, Suncor should benefit from improving oil and gas prices and its still-strong project pipeline. Companies that provide essential products and services should be near the top of the buy list. This is your chance to get in early on what could prove to be very special investment advice. Fool contributor Ambrose O'Callaghan has no position in any of the stocks mentioned. Net income came in at $331 million or $0.58 per share compared to $23 million and a net loss of $0.06 per share in the prior year. The company also has vast gas storage capacity and power generation facilities. Meanwhile, for those who haven’t contributed to TFSA before, the total cumulative limit stands at $75,500. Combine that with a well-covered 3.5% dividend, and this is a great staple stock for your TFSA. The best dividend stocks in the TSX Index today offer reliable dividends, attractive yields, and a shot at some nice capital gains.