How Splitting $30,000 Across Three TSX Stocks Could Generate $2,000 in Annual Dividends

Instead of relying only on rising share prices, by investing your hard-earned savings in TSX dividend stocks, you can get a steady stream of cash that you can spend, save, or reinvest to grow even faster. The best part is that you don’t need a huge investment to make it work.

In this article, I’ll break down three TSX dividend stocks that could turn a $30,000 investment into roughly $2,000 in annual income.

A lender still paying generously

Let’s start with MCAN Mortgage (TSX:MKP). The lender earns income from a diversified book of Canadian mortgages and related investments, giving investors a high yield backed by a broader business than many income plays.

MKP stock currently trades at $25.67 per share, giving it a market cap of about $1.1 billion. The stock offers a juicy dividend yield of 6.7% at this market price, paid quarterly. That means a $10,000 position could generate roughly $669 in annual dividends.

In the first quarter, MCAN’s net interest income rose 8% year-over-year (YoY) to $25.6 million, net income climbed 39% to $23 million, and assets under management reached $8.3 billion. Meanwhile, its return on equity was 14.2%.

Strong earnings growth, a generous yield, and exposure to the Canadian mortgage market make MCAN Mortgage an attractive choice for investors looking to maximize income without giving up long-term upside.

Monthly income tied to industrial demand

For investors who want monthly cash flow, Nexus Industrial REIT (TSX:NXR.UN) could be appealing. The trust owns industrial properties across Canada, a space that continues to benefit from logistics demand and the need for modern warehouse space.

The stock recently closed at $8.15 per share, which values the REIT at about $815 million. The units are up 4.6% over the last year and currently yield 7.7%, paid monthly. A $10,000 investment here could add about $785 in annual dividend income, the biggest contribution of the three.

Nexus Industrial REIT’s net operating income rose 5.4% YoY to $33.8 million in the first quarter, while net income was $32.2 million, and its normalized adjusted funds from operations (AFFO) payout ratio improved to 96.6%.

With its high monthly yield, improving operating performance, and portfolio of industrial properties, Nexus Industrial REIT remains a compelling pick for investors seeking reliable passive income.

A trust with income and discipline

This third dividend pick will give you exposure to private-company cash flows through Alaris Equity Partners Income Trust (TSX:AD.UN). The trust invests through structured equity, which helps it build predictable distributions while keeping exposure across multiple private businesses.

Alaris stock currently trades at $24.15 per share with a market cap of $1.1 billion. Its shares have climbed 28% over the last year and now yield 6.3%, with dividends paid quarterly. On a roughly $10,000 allocation, that works out to about $629 in annual income.

In the March quarter, the trust’s total revenue and operating income rose 2.7% YoY to $37.4 million, partner revenue reached $48.6 million, and net distributable cash flow rose 6.6% to $32.3 million. Its payout ratio stayed at 51.9%, while portfolio partners kept a weighted average earnings coverage ratio of 1.5 times. That gives Alaris a solid foundation to support dividends.

COMPANYRECENT PRICENUMBER OF SHARESINVESTMENTANNUAL DIVIDEND PER SHARETOTAL ANNUAL PAYOUTMCAN Mortgage$25.67389$9,986$1.72$669Nexus Industrial REIT$8.151,227$10,000$0.64$785Alaris Equity Partners Income Trust$24.15414$9,998$1.52$629TOTAL$29,984$2,084Prices as of July 7, 2026

Generate $2,000 in annual dividends

Put the three together, and the math becomes compelling. A roughly equal split across these stocks could generate about $2,084 in annual dividends, while also giving you exposure to lending, industrial real estate, and structured private-company income. For Foolish investors chasing cash flow without going all in on one industry, that looks like a smart way to put $30,000 to work right now.

The post How Splitting $30,000 Across Three TSX Stocks Could Generate $2,000 in Annual Dividends appeared first on The Motley Fool Canada.

Should you invest $1,000 in Alaris Equity Partners Income Trust right now?

Before you buy stock in Alaris Equity Partners Income Trust, consider this:

The Motley Fool Canada team has identified what they believe are the top 10 TSX stocks for 2026… and Alaris Equity Partners Income Trust wasn’t one of them. The 10 stocks that made the cut could potentially produce monster returns in the coming years.

Consider MercadoLibre, which we first recommended on January 8, 2014 … if you invested $1,000 in the “eBay of Latin America” at the time of our recommendation, you’d have over $17,000!*

Now, it’s worth noting Stock Advisor Canada’s total average return is 97%* – a market-crushing outperformance compared to 88%* for the S&P/TSX Composite Index. Don’t miss out on our top 10 stocks, available when you join our mailing list!

Get the 10 stocks instantly #start_btn6 { background: #0e6d04 none repeat scroll 0 0; color: #fff; font-size: 1.2em; font-family: 'Montserrat', sans-serif; font-weight: 600; height: auto; line-height: 1.2em; margin: 30px 0; max-width: 350px; text-align: center; width: auto; box-shadow: 0 1px 0 rgba(0, 0, 0, 0.5), 0 1px 0 #fff inset, 0 0 2px rgba(0, 0, 0, 0.2); border-radius: 5px; } #start_btn6 a { color: #fff; display: block; padding: 20px; padding-right:1em; padding-left:1em; } #start_btn6 a:hover { background: #FFE300 none repeat scroll 0 0; color: #000; } @media (max-width: 480px) { div#start_btn6 { font-size:1.1em; max-width: 320px;} } margin_bottom_5 { margin-bottom:5px; } margin_top_10 { margin-top:10px; }

* Returns as of July 6th, 2026

More reading

• A Monthly-Paying TSX Stock With a 7.8% Dividend Yield Worth Adding to Your Radar
• This 8% Dividend Stock Pays You Every Single Month
• 5 TSX Stocks to Buy for a Calm, Boring, Winning Portfolio
• A Monthly-Paying TSX Stock With a 7.9% Dividend Yield Worth Adding to Your Radar in June 2026
• A 6% Dividend Stock Ideal for Passive-Income Seekers

Fool contributor Jitendra Parashar has no position in any of the stocks mentioned. The Motley Fool recommends Alaris Equity Partners Income Trust and Nexus Industrial REIT. The Motley Fool has a disclosure policy.