A couple of stocks that pay high yields and could be good places to invest $5,000 in right now are LTC Properties (NYSE: LTC) and Pembina Pipeline (NYSE: PBA). REITs have to pay out 90% of their earnings as dividends. As as long as the business is doing well, investors know that they'll collect a dividend.
As a novice investor, your goal might be to invest in companies that offer a healthy mix of growth, safety, and, ideally, reliable dividend income. The post 4 Top TSX Stocks for Beginners in 2023 appeared first on The Motley Fool Canada.
CALGARY, Alberta, January 31, 2023--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Minimum Rate Reset Class A Preferred Shares, Series 25 ("Series 25 Shares") (TSX: PPL.PF.E) will be converted into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 26 of Pembina ("Series 26 Shares") on February 15, 2023.