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With summer just around the corner, now is as good a time as any for long-term income investors to make adjustments to their portfolio. Today, I’ll be discussing three top stocks on the
TSX right now which have an exceptional track record of consistent dividend growth.
Here we go.
For long-term income investors approaching or in retirement,
Fortis Inc.(TSX:FTS)(NYSE:FTS) remains a top pick. This electricity utilities company has been a top pick of mine for quite some time.
Indeed, the company’s consistent dividend growth and reasonable valuation make it an excellent option for investors. Fortis generates a major portion of its cash flow from its regulated utilities business, which provides investors with a tremendous amount of stability over the long term.