4 Dividend Stocks With Yields TFSA Investors Shoul...
Motley Fool investors have likely already heard the phrase, “It’s not timing the market, but time in the market” by now. And it’s certainly true. This is, by far, the best way to create returns. Whether you’re looking at growth stocks, value stocks, blue-chip companies, or anything, it’s time in the market that creates the largest returns.
Scroll to continue with contentAdADVERTISEMENTADVERTISEMENTThat’s why, today, I’ll be looking at four dividend stocks that continue to have yields investors will want to lock in now. Should these four dividend stocks rise to 52-week highs, you’ll create incredible returns while also locking in passive income at these high rates. Let’s get to it.
Nutrien
Nutrien(TSX:NTR) may not have the history behind it, but it certainly has growth ahead of it. The company continues to be a valuable choice after falling from all-time highs due to sanctions on Russian crop nutrients.
Yet now, with shares down 34% from those all-time highs, investors can lock up a 2.64% dividend yield. And should your shares return to 52-week highs, you’ll have locked in high passive income while it trades in value territory at 5.12 times earnings and turned it into sweet returns. Let’s look at how much that could be from a $5,000 investment.
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