Invest $10,000 in This Dividend Stock for $1,874.78 in Passive Income


Source: fool.ca fool.ca

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This dividend stock could help you achieve amazing passive income in 2024 and beyond and still offers value on the TSX today. If you’re like me, you may have seen those Guaranteed Investment Certificates (GICs) yielding 5% and started to drool. In fact, just about a year ago I put a bunch of cash into these GICs, and now, I’m reading to take them out after a year of growth. I’ll be putting some cash right back into GICs. Interest rates remain high, and it’s best to take advantage of it while I can! However, let’s say you’re going to...