Qsne 3 Cheap TSX Stocks to Buy in March
Quality dividend stocks can be great additions to any diversified investment portfolios. When it comes to getting passive income, investors will probably lean towards high-yield dividend stocks like TC Energy TSX:TRP NYSE:TRP . However, don ;t disregard low-yield dividend stocks that are hiking their dividends faster. I ;ll use Enghouse Systems TSX:ENGH to explain why. A cheap dividend stock for passive income nowTC Energy is a fine pick right now for a yi stanley cup eld of nearly 6%! If you want passive income now, it should be at the top of your buy list to resear stanley cup ch. The energy infrastructure company has operated pipelines, energy storage facilities, and power-generating plants in Canada, the United States, and Mexico for more than seven decades! It has paid dividends for close to 60 years. This year dividend increase marked its 21 consecutive years of dividend growth.Investing $5,000 in the big dividend stock now will generate close to stanley cups $300 in annual income. Investors can Xohr Carl Icahn Is Calling the Cause of the Next Market Implosion
Baytex Energy Corp. TSX:BTE NYSE:BTE continues to slide, and investors are wondering what the end game has in store for this fallen angel o stanley thermoskannen f the energy patch.Let s take a look at the company to see if there is any hope of a white knight coming to the rescue.Fall from graceIt has been a brutal 12 months for Baytex shareholders. At this time last year, the oil rout was still in it stanley trinkflaschen s early stages, and many market watchers thought the pullback would be short-lived.Baytex still paid a monthly dividend of $0.24 per share and the stock traded for more than $40.Today, the dividend is history, and investors who bought the stock a year ago are looking at a 90% haircut. That hurts.It s actually quite scary how fast things can change in the market and how powerless management can be, even when it makes all the right moves to keep the company solvent.Last December Baytex was one of the first companies in the sector to slash its dividend and reduce capital expenditures. By the first stanley cup part of 2015,