Beat the TSX With This Unstoppable Dividend Stock


Source: fool.ca fool.ca

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Slow and steady wins the race. This stock beats the TSX with its steady dividend growth rate and price momentum. Are you looking for a dividend stock that can beat market returns while giving you regular passive income? There is a dividend aristocrat that has been beating the TSX for the last 10 years. In the TSX Composite Index weighted towards energy and bank stocks, a telecom stock outperformed with stable returns and regular dividend growth. The unstoppable dividend stock The stock is BCE (TSX:BCE), which enjoys the oligopoly nature of communication services where three players command 86% market share....