2019 TFSA Ideas

Here are some businesses that may fit into your TFSA in 2019

Dividend information from MoneySense

Valuation information from Morningstar

Yields as of the close on 12/31/2018

Royal Bank of Canada (TSE: RY)
  • Current P/E: 11.10
  • 5-year average P/E: 12.56
  • Current dividend yield: 4.195%
  • Dividend growth 5-year average: 8.5%
Toronto-Dominion Bank (TSE: TD)
  • Current P/E: 11.3
  • 5-year average P/E: 13.4
  • Current dividend yield: 3.949%
  • Dividend growth 5-year average: 10%
Magna International (TSE: MG)
  • Current P/E: 7.0
  • 5-year average P/E: 10.3
  • Current dividend yield: 2.794%
  • Dividend growth 5-year average: 20.8%
Canadian National Railway (TSE: CNR)
  • Current P/E: 12.9
  • 5-year average P/E: 18.93
  • Current dividend yield: 1.8%
  • Dividend growth 5-year average: 16.4%
Rogers Communications (TSE: RCI.b)
  • Current P/E: 18.8
  • 5-year average P/E: 20.84
  • Current dividend yield: 2.744%
  • Dividend growth 5-year average: 2.5%
Fortis Inc (TSE: FTS)
  • Current P/E: 19.50
  • 5-year average P/E: 20.53
  • Current dividend yield: 3.955%
  • Dividend growth 5-year average: 6.7%
NFI Group (TSE: NFI)
  • Current P/E: 8.4
  • 5-year average P/E: 19.62
  • Current dividend yield: 4.407%
  • Dividend growth 5-year average: 18.2%
Disclosure

I have a position in TD, MG and CNR