3 High-Yield Stocks for TFSA Passive Income


Source: fool.ca fool.ca

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The TSX recently hit a new record, but income investors can still find deals on stocks that offer high dividend yields for their self-directed Tax-Free Savings Account (TFSA) portfolios focused on generating reliable passive income. Telus Telus (TSX:T) just raised its dividend by 7% for 2025 and has a positive outlook for the year despite ongoing challenges for the Canadian communications sector. Telus reported a 3% increase in consolidated operating revenue in the first quarter (Q1) of 2025 compared to the same period last year and delivered total mobile and fixed-line customer growth of 218,000, driven by demand for bundled...