TFSA Income: 2 Solid TSX Dividend Stocks for Canadian Retirees


Source: fool.ca fool.ca

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Retirees are searching for good Canadian dividend stocks to buy for their self-directed Tax-Free Savings Account (TFSA) portfolios focused on generating steady and growing passive income. Canadian Natural Resources Canadian Natural Resources (TSX:CNQ) trades near $40 per share at the time of writing compared to $52 at this time last year. The pullback gives investors who missed the big rally after the pandemic a chance to buy CNRL at an attractive price. West Texas Intermediate (WTI) oil is about US$63 per barrel right now compared to more than US$80 a year ago. Weak demand in China and higher production from...