Is it a good strategy to hold half-fixed income stocks and half-dividend growers and generate income this way in a rising rate environment? In the past two years in Canada, the bond index return is about 0%. You need the return to be 4% which you can get in preferred without the risk. If you have a dividend grower, find a stock that also has earnings growth, like AQN-T.

You need the return to be 4% which you can get in preferred without the risk.