Three US Stocks for your RRSP
US Stocks do not receive the dividend tax credit, and US dividend income is fully taxed unregistered or in a TFSA. So holding US Stocks inside your RRSP makes good sense. Some of the big US blue chips also pay reasonable dividends of 3.00% or more, are deemed safer than the US Dollar, and raise their dividends annually. In addition the dividend yield on these blue chips is higher than the current rate for GIC’s and government bonds. I’ve picked three of the Dividend Cadillacs for US Stocks. You’re not going to get a huge capital gain on these companies, …