Passive Income: 2 Dividend-Growth Stocks to Buy on a Dip

News Snapshot:

Canadian retirees and other income investors are searching for good TSX stocks to buy for a self-directed Tax-Free Savings Account focused on dividend growth. Canadian Natural Resources Canadian Natural Resources (TSX:CNQ) has increased its dividend annually for 25 consecutive years with a compound annual dividend-growth rate of better than 20% over that timeframe. Despite continued dividend growth, the stock is down 26% in the past 12 months. Low oil prices are to blame for most of the decline. However, investors might also be wondering if the US$6.5 billion purchase of Chevron’s Canadian assets last year was too expensive, given the...