Depends on how much you ' ve got to invest . Don ' t want to spread yourself too thinly . Also , when looking for an income cash flow portfolio might want to consider quality of company and dividend growth . Interesting . Cominar appears to be quite tax efficient . If reading correctly the tax section most of the pay out is RoC . Reducing the ACB . Never knew that . Just make sure you keep that on record somewhere . Edit you can look at SJR . B . They pay out monthly . Owners of new fourth telecom wind mobile now called freedom mobile . They used to own CJR . b , but divested most or all part of it to fund the purchase . Not expecting dividend increase for a while as they need to digest the purchase and fund infrastructure build outAs well you could look at some monthly preferred shares like some of BCEs linked to prime rate . Much more speculative is one of bombardier ' s