The board of Exchange Income Corporation ( TSE:EIF ) has announced that it will be paying its dividend of CA$0.23

As yields on savings and cash-friendly accounts are slipping, the stock market's next growth phase may focus on dividend stocks.

The S&P 500 is a famous index of 500 prominent U.S. companies. The SPDR Portfolio S&P 500 High Dividend ETF ( SPYD +0.52%) drills down into the S&P 500 index and invests in the 80 stocks with the highest dividend yields. As a result, the ETF offers a robust 4.6% yield while charging an expense ratio of only 0.07%.

Successful passive income investing doesn’t have to be overly expensive or labor-intensive. With just $2,500 invested in a handful of stocks and exchange traded funds (ETFs), you can target an annual income goal of $3,

Chemtrade Logistics Income Fund (CHE.UN:CA) declares CAD 0.0575/share monthly dividend. Payable Dec. 31; for shareholders of record Nov. 28; ex-div Nov. 28. See CHE.UN:CA Dividend Scorecard, Yield Chart,

Realty Income ( O +0.96%) recently reported its third-quarter financial results. They showcased the strength of the real estate investment trust's (REIT) dependable and durable business model. It delivered steady growth despite the continued headwinds from higher interest rates.

Want more income with less effort and capital? You’ll need to choose your investments carefully, but it’s possible to achieve amazing results with just $2,500 invested in a few stocks and exchange traded funds (ETFs).

Evolve Active Core Fixed Income ETF (FIXD:CA) declares CAD 0.055/share monthly dividend. Payable Dec. 5; for shareholders of record Nov. 28; ex-div Nov. 28. See FIXD:CA Dividend Scorecard, Yield Chart,