Have $21,000 Sitting in a TFSA? Here’s a Dividend Stock Worth Investing In

The Motley Fool Canada·Jul 10

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

Reports suggest that individuals with savings in a tax-free savings account (TFSA) may be able to generate consistent income or cash flow through dividend stock investments. The amount of savings mentioned in the reports varies, with some outlets referencing $21,000, $25,000, or $109,000 in a TFSA. A dividend stock with a 5% yield is mentioned as a potential investment option for TFSA holders.

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