Generating substantial passive income is an attractive goal for many Canadian investors. While it can be easy to misstep while yield hunting, finding solid passive-income streams is something that’s very achievable.

However, doing so requires careful preparation and decision making. Investors need to decide when dividends on offer seem too good to be true or when they’re just good deals. Getting this right more often than not will lead to a successful passive-income strategy.

When it comes to harvesting income from dividends, REITs are among the most popular choices for Canadian investors. These investment vehicles typically offer large yields that are paid out on a monthly basis, making them ideal for this sort of strategy.

Today, we’ll look at two Canadian REITs that could make for good additions to a passive-income plan.

RioCan

RioCan REIT (TSX:REI.UN) is one of the largest REITs trading on the TSX. It’s a great choice for investors looking to build a passive-income stream, especially in the light of the current housing market conditions.

This REIT has traditionally been focused more on commercial real estate, but it’s in the process of changing its allocation by adding some mixed use and residential properties. This will be music to the ears of investors looking at the current housing landscape.

These properties, scattered around hot real estate areas in the GTA, can benefit from the housing market conditions and help you make more money as an investor. Generating passive income with RioCan is going to be a very viable option going forward.

As of this writing, this REIT is trading at $23.29 and yielding 4.38%. This type of monthly income is very solid when you consider it’s attached to a diversified REIT such as this one.

Choice Properties

Choice Properties (TSX:CHP.UN) is another large Canadian REIT with potential to offer great passive income going forward. Like with RioCan, Choice is a commercial-focused REIT making inroads to diversify its holdings.

As Choice takes on more mixed-use properties, its portfolio of real estate holdings will only become more attractive for passive-income investors. The REIT also had a strong earnings report with rising revenues, and received upgrades from many analysts.

This REIT is a great choice, because not only is it looking to diversify its holdings, but its current commercial holdings are incredibly solid. That’s because its locations are anchored by Loblaw, its grocery giant partner.

As of this writing, this elite REIT is trading at $15.11 and yielding 4.9%. Once again, that’s a solid figure for investors to consider.

Passive-income strategy

Both these REITs can be key components of a successful passive-income plan. These are two REITs with incredible commercial holdings and exciting plans for diversification.

The REIT market is a very interesting way for investors to build dividend income. It effectively allows investors to access real estate without all the overhead that typically comes with that.

As such, they are ideal options for investors focused on extracting passive income from their portfolios. Canadians looking to collect some solid dividends should keep an eye on these two hot REIT names.

The post Buy REITs for Amazing Passive Income appeared first on The Motley Fool Canada.

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Fool contributor Jared Seguin has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

These investment products seem to offer the best of both worlds in that they trade like stocks but can track large indices, all for the cost of a few basis points. For investors looking to just try and match the market, ETFs are a great way to go.

After all, it’s pretty hard to beat the market. So, many investors are content with just matching the market and moving on. While this used to come at a large price in days past, now, with ETF investing, it’s possible to do this for much cheaper.

Today, we’ll look at an S&P 500 ETF that investors can use to follow the returns of the broader market.

Vanguard’s S&P 500 Index ETF

Vanguard offers a great ETF investing product with its S&P 500 Index ETF (TSX:VFV). It’s an ETF that tracks the performance of the S&P 500 very closely, with a rock-bottom MER of 0.09%.

That type of fee is a mere pittance when compared to traditional funds that might ask for 1-2%, or even more. Canadian investors can put money into this powerhouse index without worrying about fees eating into returns with VFV.

It’s important to note that Vanguard also offers a hedged version, but in the long run, you’ll likely be better off unhedged. There’s also something to be said for just holding a U.S.-based S&P 500 ETF rather than VFV, since you’re unhedged anyway, but there are more complications there, such as the account type where you’re holding the investment.

The main draw of ETFs like VFV is that the S&P 500 is very tough to beat. It often offers returns in the 7-8% range with much consistency. Getting access to that without much work and low fees is definitely attractive.

When ETF investing with a stock like VFV, it’s important to remember this isn’t a great passive-income investing option. That’s because even though you’ll have high total returns, most of it is in share price appreciation rather than dividends. VFV only offers a dividend of 1.1% as of this writing.

However, for investors focused solely on total returns, VFV is a great option for slow and steady investors looking at the long term.

ETF investing plan

Not all ETFs track large indices like the S&P 500. There are many ETFs out there that take a more active approach. However, these ETFs typically come with much higher fees.

Investors looking to park money somewhere will be much more interested in ETF investing with VFV. You’ll barely notice the MER and, over time, the total return potential is very high.

While individual stock picking of course has its merits, index-tracking ETF investing is another powerful tool that Canadian investors can harness. With tiny fees and potential for great performance, those looking for passive-investing options will want to check out VFV.

The post ETF Investing: Take What the Market Offers appeared first on The Motley Fool Canada.

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Fool contributor Jared Seguin owns VANGUARD SP 500 INDEX ETF. The Motley Fool has no position in any of the stocks mentioned.

The type of stocks ideal for this strategy are generally blue-chip star stocks with healthy dividends. Sometimes it may be tempting to chase stocks with higher yields, but that is risky.

Those dividends could seem promising, but if they’re not backed by a solid stock they’re doomed to be cut. In the end, you could end up worse off by yield hunting rather than sticking with established dividend superstars.

Today, we’ll look at two TSX giants that are great choices for a passive income strategy. They both offer unique benefits to investors that shouldn’t be overlooked.

BMO

Bank of Montreal (TSX:BMO)(NYSE:BMO) is one of the major Canadian bank stocks. As such, its name is practically synonymous with dividend stability.

When it comes to building a passive income portfolio, stocks like BMO should be near the top of the list for investors to check out. This dividend star has paid a dividend every single year since 1829. Moreover, it’s increased the dividend for much of that time.

BMO has ample financial cushion with a range of revenue sources that allow it to offer bulletproof dividends to its investors. Combine that with its respectable share price growth and you have a stock ideal for passive income investing.

As of this writing, BMO is trading at $147.78 and yielding 3.6%. For investors looking to build out a collection of dividend-paying stocks, BMO is one of the premier choices without doubt.

Fortis

Fortis (TSX:FTS)(NYSE:FTS) is a large Canadian utility provider with operations across multiple continents. FTS has long been associated with rock-solid dividends with decent if unspectacular growth prospects.

The key to success for FTS is the way its revenue sources are structured. Utilities have constant demand and since it provides these services through mostly regulated contracts, Fortis’ revenue sources are extremely consistent and reliable.

This all translates to FTS being a stock that can resist market forces and provide investors with a solid dividend. A beta of 0.1 tells you this stock tends to avoid moving in lockstep with the broader market, and it comes with a yield of 3.61% as of this writing.

While that yield isn’t going to drop jaws to the floor by any means, it’s more than respectable when you consider it’s attached to a passive income star like FTS. You can expect FTS to consistently offer a solid dividend, even in trying times.

Investors looking for a safe haven for their cash to grow through passive income investing should consider FTS.

Passive income strategy

Both BMO and FTS can be key ingredients to a successful passive income investing recipe. These blue-chip stocks offer Canadian investors reliable dividend income, even during the toughest of times.

Investors looking to scoop up shares of some top TSX dividend stocks should consider these two names.

The post Passive Income: 2 Dividend Stars to Buy appeared first on The Motley Fool Canada.

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Fool contributor Jared Seguin has no position in any of the stocks mentioned. The Motley Fool recommends FORTIS INC.

Of course, it’s easy to lump the major bank stocks in Canada together. After all, their prices generally move in lockstep and it’s one of Canada’s biggest sectors.

However, each bank offers unique benefits when it comes to investing. As such, it’s important for investors to figure out their needs before selecting bank stocks to buy.

Today, we’ll look at two of the top TSX bank stocks that investors might consider for their portfolios.

RBC

Royal Bank of Canada (TSX:RY)(NYSE:RY) is a massive stock with the largest market cap among Canadian banks. This TSX behemoth has long been a favourite among investors seeking reliable share price growth as well as a rock-solid dividend.

RY is able to offer these things to investors because of the structure of its business. It has a diverse range of products and services and hence a wide moat of revenue sources.

The stability of RY’s dividend speaks for itself, as the bank stock has paid a dividend every year since 1870. Plus, it has not only paid but also increased the dividend for much of that time as well.

There isn’t really much of a shroud of mystery surrounding RY. This is just a blue-chip superstar with ample financial cushion and an ironclad business structure.

As of this writing, RY is trading at $140.25 and yielding 3.42%. That might not be an absolutely huge yield, but there is room for it to increase going forward. At any rate, investors can count on a solid investment when it comes to RY.

BMO

Bank of Montreal (TSX:BMO)(NYSE:BMO) is another major Canadian bank stock that offers investors a great avenue for total returns over time.

When it comes to dividends, BMO is the cream of the crop. It’s paid a dividend every year since 1829 and is still going strong.

Like with RY, that type of stability is due to how BMO’s business is structured. It has great financial power and a solid mix of revenue sources to help it offer investors unmatched reliability.

When compared to some of its peers, BMO has focused much more of its efforts on growth in the U.S. to add to its strong positioning in Canada. This expansion choice gives BMO the possibility for plenty of growth going forward.

As of this writing, BMO is trading at $144.90 and yielding 3.67%. Similar to RY, that dividend has room to be increased as well.

Investors looking for a bank stock with aggressive growth opportunities and a rock-solid dividend should check out BMO.

Bank stock strategy

Both RY and BMO are great bank stocks ideal for long-term investing. These TSX superstars offer investors respectable growth as well as sustainable dividends.

Over time, the total returns from these bank stocks could be quite attractive. Choosing either name could be the way to go, and simply depends on which of their approaches you prefer.

The post Bank Stocks: 2 TSX Superstars to Buy appeared first on The Motley Fool Canada.

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Fool contributor Jared Seguin has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

The TSX is home to many high-quality dividend stocks across Canada’s top sectors such as utilities, energy, telecom, and banking. This gives Canadian investors a wide variety of stocks to choose from when building their dividend-generating portfolios.

However, it’s important for those investors on the hunt for juicy yields to be cautious of potential yield traps. Sometimes, stocks offer high yields that look attractive at first, but they lack the financial power to sustain those dividends.

As a result, those stocks usually slash dividends and leave investors worse off than if they had just stuck to more proven stocks. Today, we’ll look at two TSX blue-chip stars that offer reliable dividends to Canadian investors.

Telus

Telus (TSX:T)(NYSE:TU) is a massive Canadian telecom stock with a reputation as one of the top dividend stocks on the TSX. This blue-chip behemoth offers investors a nice blend of growth and stability, ultimately leading to solid returns over time.

Telus offers a wide range of products and services in the telecom space and beyond. This diversification is what allows it to offer investors that mix of share price growth and dividend security.

Beyond its rock-solid positioning in the Canadian telecom space, it also has ventures such as Telus Health. This digital healthcare service is on the cutting edge of its industry, and this growing sector could be a key component for the stock’s growth moving forward.

As of this writing, Telus is trading at $32.25 and yielding 4.06%. As we’ve covered, there are dividend stocks out there paying higher dividends. However, those stocks might not offer the stability and reliability that Telus does.

4.06% is really nothing to sneeze at either. Over time, that dividend could add up to some serious gains for investors.

Fortis

Fortis (TSX:FTS)(NYSE:FTS) is a large utility-service provider based in Canada. It’s long been considered one of the safest dividend stocks for Canadian investors.

The reasoning for this reputation is fairly straightforward, as FTS offers its utility services largely through regulated contractors.

As such, its revenue sources are extremely secure and predictable. Demand is practically constant due to the nature of its business.

This is why we’ve seen FTS display a bulletproof track record for paying its dividends to investors. Canadians looking for stable dividend stocks should definitely be interested in FTS.

As of this writing, FTS is trading at $58.31 and yielding 3.67%. Once again, that’s definitely not the most mouthwatering yield around, but it is real solid considering it’s attached to FTS.

Investors looking for a stock that is resilient to most market forces and has a solid yield should check out FTS.

Dividend stock strategy

Both Telus and FTS could be key cogs in a dividend stocks portfolio for Canadian investors. They both offer unique benefits and could provide great total returns for investors over time.

The post 2 TSX Behemoths to Buy appeared first on The Motley Fool Canada.

More reading

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Fool contributor Jared Seguin has no position in any of the stocks mentioned. The Motley Fool recommends FORTIS INC and TELUS CORPORATION.

Dividend stocks are always a great option for Canadian investors with an eye on the long term. These are typically blue-chip stocks with proven competence when it comes to reliable growth and stability.

The reason these stocks are attractive for the long haul is simply because of their juicy dividends. Over time, and especially if reinvested, these payouts can balloon an investment quite nicely.

However, not all stocks offering high yields are dividend stocks you can count on. In fact, sometimes investors can fall into these yield traps and end up losing money on their investment, as the stock didn’t have solid footing to offer such dividends.

So, investors looking to practically lock in solid results should instead turn to blue-chip dividend stocks for their long-term investing approach. Today, we’ll look at two such TSX gems worth checking out.

Telus

Telus (TSX:T)(NYSE:TU) is a large Canadian telecom stock that offers a wide range of products and services under its subsidiaries, such as Telus Communications.

This telecom gem is a household name for TSX investors interested in blue-chip dividend stocks. That’s because it has a phenomenal track record for not only solid share price growth but also attractive dividend growth as well.

Of course, Telus has its bread and butter squared away with its top-quality telecom services, but it also has other interesting avenues for growth. One such path is with its Telus Health division, which is a leader in the cutting-edge digital health space.

Its tactical positions such as this that help Telus grow aggressively and deliver value to investors. Over time, an investment in Telus stands to grow into a hefty sum.

As of this writing, Telus is trading at $29.82 and yielding 4.39%. That’s a solid proposition for investors focusing on the long term. With Telus’s positioning in the market, investors can be excited about future earnings and dividend growth.

BMO

Bank of Montreal (TSX:BMO)(NYSE:BMO) is another top dividend stock for Canadian investors to consider. It’s one of the top bank stocks in Canada, and as such it can really anchor a dividend-focused portfolio.

BMO is such a strong option for long-term investors due to the sheer stability of its business set up and its market position. This dividend stock star not only has strong roots in Canada, but it also has established solid footing in the U.S. as well.

This banking giant has a diverse set of revenue sources, both in type and by geography. As such, its earnings are consistent, reliable, and have the potential for growth.

As of this writing, this dividend stock is trading at $148.30 and yielding 3.59%. While that might not be the most massive yield around, it’s pretty solid, considering the name it comes attached to.

Sure, there have been better times to buy, but hindsight is always 20/20, and investors focused on the long run shouldn’t fret too much about exact entry points.

BMO is as solid as they come when talking about blue-chip dividend stocks, and it is worth consideration.

Dividend stock strategy

Both T and BMO are solid options for investors looking for long-term dividend investing stocks to choose. Be sure to give these names careful consideration as buy targets.

The post Dividend Stocks: 2 Elite Choices to Buy Now appeared first on The Motley Fool Canada.

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Fool contributor Jared Seguin has no position in any of the stocks mentioned. The Motley Fool recommends TELUS CORPORATION.

These are stocks with stable dividends and reliable share price growth. While these stocks typically won’t light it up in terms of single-year returns, they are strong performers over time.

However, even within the bigger basket of dividend stocks, investors still have a lot of work to do to choose specific stocks. Some of these stocks offer yields too good to be true, while others are incredibly reliable.

For the best long-term results, it’s likely that investors will want to stick with more reliable dividend stocks. These are blue-chip favourites with great track records and the means to perform well going forward.

Today, we’ll look at two such TSX blue-chip stars that are reliable options for the long haul.

TD Bank

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is one of the major Canadian banks and has a long history as one of the top dividend stocks on the TSX.

TD has long been a prime example of a stock with great long-term total return potential. It not only offers attractive share price growth but also an incredibly reliable dividend.

TD is able to offer this sort of performance because of its robust revenue sources. The stock is diversified geographically and across multiple sectors in such a way that its advantageous to investors.

Dividend stocks need to offer investors stability and growth over time to deliver results. TD does exactly that, and investors stand to benefit.

TD has paid a dividend every year since 1857 and has grown its dividend for the vast majority of that time. That has to be music to the ears of investors looking for a strong blue-chip stock for the long haul.

As of this writing, TD is trading at $89.21 and yielding 3.54%. That’s a decent value proposition, especially because TD has plenty of room to grow its dividend going forward in the near term.

Investors searching for top-quality dividend stocks should surely keep an eye on TD.

Fortis

Fortis (TSX:FTS)(NYSE:FTS) is also one of the top TSX dividend stocks for long-term investing. This utility giant has long been a premium example of a stable dividend-paying stock.

FTS is such a reliable stock mostly due to how its revenue rolls in. It provides utility services through mostly regulated contracts and as such it has nearly fixed demand and very predictable income.

This all translates to a very stable stock with one of the safest dividends on the TSX. The stock is also very resilient to market movements, as evidenced by its beta of 0.07.

As such, investors with a bit more of a defensive approach might prefer FTS to other dividend stocks. It offers protection against market forces while also providing investors with a great dividend.

As of this writing, FTS is trading at $54.84 and yielding 3.9%. That’s a pretty solid offering when you consider this is one of the top defensive dividend stocks.

Dividend stocks strategy

Both TD and FTS are potentially great options for long-term dividend investing. They each offer unique benefits that are ideal for different types of investors.

The post Dividend Stocks: 2 Reliable TSX Superstars appeared first on The Motley Fool Canada.

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Fool contributor Jared Seguin has no position in any of the stocks mentioned. The Motley Fool recommends FORTIS INC.

That’s because over time, these stocks tend to offer immense total returns when you consider the power of re-invested dividends and compounding. As such, top dividend stocks are often among the most desirable stocks for Canadian investors.

However, it’s crucial that investors select top-quality dividend stocks. Otherwise, some stocks offer larger yields than they can afford and are forced to cut them eventually.

This doesn’t help investors in it for the long haul. Instead, these investors are better off with high-quality blue-chip stocks.

Today, we’ll look at two top TSX dividend stocks that offer consistency and stability as well as attractive return potential.

Telus

Telus (TSX:T)(NYSE:TU) is a large Canadian telecom stock with strong footing in the Canadian market for telecom, internet, and entertainment services.

What makes Telus an attractive option for investors interested in dividend stocks is that it isn’t afraid to diversify in unique ways. While it does mainly focus on telecom and related services, it also has exciting divisions like Telus Health.

Telus Health is at the frontier of digital healthcare, a sector which has been highlighted immensely as of late. It’s these sorts of growth outlets that give Telus a great outlook for the long run.

Beyond that, Telus obviously has an immense presence in the Canadian telecom market and that helps it offer amazing stability to investors.

As of this writing, Telus is trading at $27.75 and yielding 4.55%. That’s a pretty strong yield when you consider the name it comes attached to.

Over time, the total-return potential with Telus makes it one of the top dividend stocks to keep an eye on.

Fortis

Fortis (TSX:FTS)(NYSE:FTS) is a massive utility holding company based in Canada. It offers a range of utility services to customers across multiple continents.

FTS has long been considered one of the safest dividend stocks, and for good reason. That is, it has an incredibly stable dividend, and its beta of 0.07 suggests it is insulated from huge market swings.

The reason FTS carries these attributes is simple. Not only are utilities always in demand regardless of economic conditions, but FTS also delivers its services largely through regulated contracts.

That means demand is practically fixed and guaranteed. As such, this stability makes its way to the investors by way of a rock-solid dividend.

As of this writing, FTS is trading at $55.16 and yielding 3.88%. When it comes to dividend stocks, that’s a pretty solid proposition for long-term investors prioritizing stability.

If you’re looking to pick up shares of a stable TSX blue-chip stock with a reliable dividend, FTS is worth strong consideration.

Dividend stock strategy

Both Telus and FTS are great dividend stocks for investors with a focus on the long run. In fact, they each offer unique benefits that place them among the best choices for the long haul.

If you’re looking to expand on your dividend stock strategy, these two TSX heavyweights are both worth a look.

The post Dividend Stocks: 2 Great TSX Options appeared first on The Motley Fool Canada.

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Fool contributor Jared Seguin has no position in any of the stocks mentioned. The Motley Fool recommends FORTIS INC and TELUS CORPORATION.

The banking sector is one of the strongest in Canada, and a key cog of the TSX. Canadian bank stocks are practically synonymous with long-term investing success.

These stocks offer not only solid share price growth, but also incredible dividend growth and stability. That’s a recipe which can lead to great total returns over a long time span.

Of course, all of the major bank stocks can be successful investments over time. However, each bank stock offers unique benefits which may appeal to certain individual investors.

So, it’s important for Canadian investors to focus on the bank stocks which align with their investment strategy. Today, we’ll look at two TSX banking giants with slightly different approaches.

RBC

Royal Bank of Canada (TSX:RY)(NYSE:RY) is one of the major Canadian bank stocks, and in fact the largest one by market cap.

RY is one of those top tier dividend stocks that investors have been able to rely on over time consistently. It offers investors both respectable share price growth and great dividend stability.

This banking giant has a unique portfolio of revenue sources that converge to offer investors a super reliable investing option. RY has a strong focus on lending in Western Canada and offers a wide range of products and services to its customers.

As of this writing, RY is trading at $132.80 and yielding 3.25%. While that’s not a massive yield, RY has plenty of runway to grow its dividend as the economy takes off.

That price proposition might not be considered a steal from a value perspective, but for long-term investors it’s not that relevant anyway. Over time, RY has the potential to deliver great total returns to investors.

Scotiabank

Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) is another top performer amongst the Canadian bank stocks. It often offers a larger yield than its peers and has more aggressive growth opportunities.

BNS has a strong focus on developing reach in South America, which helps set it apart from its peers. It is willing to bet on these commodity-heavy economies and has committed to responding to economic growth there.

As such, some investors view BNS as one of the more volatile bank stocks, but it’s still a very stable stock in general terms. It’s simply a well-diversified stock with a strong base in Canada and interesting growth avenues elsewhere.

As of this writing, BNS is trading at $81.78 and yielding 4.4%. As with RY, BNS can easily manage that dividend and allow for it to grow going forward and benefit investors.

BNS is one of the top bank stocks for investors looking for international exposure and can easily deliver great results over time.

Bank stock strategy

Both RY and BNS are strong Canadian bank stocks with stable dividends and solid growth prospects. They each offer unique benefits to investors and can both be part of a solid long-term investing plan.

If you’re looking to scoop up some top bank stocks, be sure to give these two stars a good look.

The post Bank Stocks: 2 TSX Gems to Buy appeared first on The Motley Fool Canada.

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Fool contributor Jared Seguin has no position in any of the stocks mentioned. The Motley Fool recommends BANK OF NOVA SCOTIA.

Typically, dividend investors are looking for stocks with stable growth and dividend potential. It can be risky to go with a high-growth stock or one with an abnormally high dividend.

After all, a juicy dividend that’s doomed to be cut won’t do you any good for the long haul, especially compared to a more reliable offering from a solid blue-chip stock.

While those types of stocks are appealing for some investing styles, long-term dividend investors will likely want to stick with large blue-chip stocks.

Today, we’ll look at two TSX superstars that are ideal for long-term investing with a focus on dividends.

Telus

Telus (TSX:T)(NYSE:TU) is a massive telecom stock on the TSX with great appeal to dividend investors. It offers both attractive share price growth potential as well as a juicy dividend.

With such sure footing in a major sector of the Canadian market, this is a blue-chip stock that investors can rely on. Telus also has interesting efforts outside of the direct telecom market, such as the Telus Health division.

Telus Health is a major player in the digital healthcare solution space and could be a driver for growth going forward. It’s things like that which help make Telus a well-rounded option for long-term investors.

As of this writing, Telus is trading at $28.08 and yielding 4.5%. That’s quite the eye-catching yield when you consider it’s linked with a name like Telus.

The rollout of 5G networks Canada-wide should also help drive demand for more telecom services and Telus could see a boost from that as well.

Long-term dividend investors looking for a blue-chip stock that combines growth with reliability will want to keep tabs on Telus.

BMO

Bank of Montreal (TSX:BMO)(NYSE:BMO) is a large Canadian bank stock, which has long been a favourite amongst dividend investors.

BMO has a strong presence in both the U.S. and Canada and a wide range of revenue sources that help it deliver results to investors.

There’s definitely no question when it comes to BMO’s dividend stability, as it’s paid a dividend every year since 1829. Plus, its dividend could be set to rise going forward as the economy opens up.

As of this writing, this dividend investor’s star is trading at $131.49 and yielding 3.22%. While that’s definitely not a gigantic yield, investors should bear in mind that BMO’s dividend should have plenty of upward momentum in the future.

BMO offers investors a great way to hop onto Canada’s banking sector with a reliable option.

Dividend investor strategy

Both T and BMO can appeal to dividend investors that are in it for the long haul. These blue-chip giants both offer unique benefits, but what they have in common are stability and phenomenal track records.

If you’re looking to add to your dividend investing stash, these two heavyweights are ideal options.

The post Dividend Investors: 2 TSX Blue-Chip Stars appeared first on The Motley Fool Canada.

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Fool contributor Jared Seguin has no position in any of the stocks mentioned. The Motley Fool recommends TELUS CORPORATION.