RE:RE:RE:RE:RE:divyWelcome. To get as much info out of the split sector I would suggest that you also check out the FTN/FFN/DFN boards.
While there are a few splits that pay even through the worst of storms, no split is truly ever stable. Also, based on your goals of $2750/mth each from the TFSA, you will need around a 37% annual distribution based on an $88,000 pp TFSA limit as of this January. Of course, you may have built your TFSA up over the years on some capital gain wins. Hopefully so, because no "stable" split fund will yield 37%.
Best chance is to catch these splits when they crater and hold through the storm. Not for the faint of heart. Good luck.
pandsca wrote: My single biggest holding accross a couple of TFSA's (mine and my wifes) is TNT.UN.
I'm new to Split stocks, so just dipping my toes into DGS with 750 shares, but plan to migrate about half my TNT.UN shares to Spit stocks after a few months of monitoring DGS. If DGS stays at this price-point I expect I'll be more comfortable doing a deep dive with that migration plan.
I don't see many Split stocks mentioned in this Bullboard being viable as of now.
I'm looking for largest and most stable monthly DIVs as I plan to retire in a few years.
We're hoping to get about $5500+ (collectively) monthly DIV payouts from our TFSA's.
Although our RRSP's are huge, tax sucks, so we really don't look at our RRSP's and gov payouts as anything serious anymore.