Dividend income is the cash you receive from dividend payments on a stock. Dividend income can add up over the long term and in some cases it can account for a third or more of your long term gains. Not all investors share our high regard for dividend stock investing, especially as a source of retirement income.
That’s because a dividend paying stock’s yearly 2% or 3% or 5% yield barely seems worth mentioning alongside yearly capital gains of 10%, 20% or 30% or more. But dividends are far more reliable than capital gains. A stock that pays a dividend of $1 this year will probably do the same next year. It may even raise it to $1.05. Dividend income also gets favourable tax treatment.
Taxpayers who hold Canadian dividend-paying stocks get an additional bonus. Their dividends are eligible for the dividend tax credit in Canada. This means that dividend income will be taxed at a lower rate than the same amount of interest income (investors in the highest tax bracket pay tax of 23% on dividends, compared to about 50% on interest income-investors in the highest tax bracket pay tax on capital gains at a rate of roughly 25%).
At TSI Network, we recommend using our three-part Successful Investor philosophy:
Discover how to put an extra strength in your portfolio with our specific advice on how to identify high-quality dividend stocks. It’s titled, Dividend Paying Stocks: How High Dividend Stocks Can Supercharge Your Income Investing. It’s all in our newly updated report. And it’s yours FREE!
Here are 5 Canadian dividend stocks we recommend holding in your portfolio despite economic uncertainty
One of the key points in our three-part investment advice is to invest mainly in well-established dividend-paying stocks. The COVID-19 pandemic and the resulting inflation and challenging economy highlight the value… Read More
A history of sustainable dividends is one key characteristic of the best dividend paying stocks
Stick to the best paying dividend stocks and you’ll avoid most of the market’s greatest disasters.
As well, one of the best ways to pick a company that cares about its… Read More
Traditionally, there have been several options for parents and grandparents looking to make investments for children. But here’s how to choose the best investments for children in 2024.
Taking the time to pick the right investments for children and grandchildren is a worthwhile endeavour. If the… Read More
Tax shelters in Canada that can help you save money when you use them correctly
Tax shelters in Canada aim to reduce or eliminate your tax liability and protect your gains on quality stocks to buy. As such, we at TSI Network have always advised investors… Read More
Use tax-loss selling, or tax-loss harvesting, to offset your taxable capital gains in Canada.
Tax-loss selling (or tax-loss harvesting) occurs when you deliberately sell a security at a loss in order to offset capital gains in Canada. With tax loss selling in Canada, you can then… Read More
Borrowing to invest in dividend stocks may be a good decision if you meet these six criteria
Borrowing to invest can make sense for some investors under certain circumstances. We think you’ll benefit most from this buying opportunity by sticking with high-quality stocks. That suggest borrowing… Read More
Canadian capital gains tax is always on the minds of investors even as they deal with market downturns
There are three main forms of investment income in Canada: interest, dividends and capital gains. The government taxes each differently. Here’s a reminder of how smart investors use… Read More
Blue chips stocks are best known for their stability and dependable dividend yields, of course.
They’re not necessarily the stocks you pick for a 664.0% gain. Yet that’s what this one has delivered our subscribers since we first recommended it in April 1995.
That’s an especially… Read More
Investors interested in dividends should only buy the highest-yielding Canadian dividend stocks if they meet certain criteria—and don’t have these risk factors
Dividend yield is the percentage you get when you divide a company’s current yearly payment by its share price.
The best of the highest-yielding Canadian… Read More
When comparing penny stocks vs blue chip stocks, only one provides value and consistency. Here’s how to evaluate them and maximize your investment returns.
Penny stocks are generally riskier than other investments, and early success can (paradoxically) lead to big losses. On the other hand, blue… Read More
Learn everything you need to know in '7 Winning Strategies for Dividend Investors' FREE Special Report from The Successful Investor.
The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks.
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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Does TSI Network Use the Information It Receives?
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Special Note for Parents
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TSI Network does everything possible to prevent unauthorized intrusion to its websites and the alteration, acquisition or misuse of personal information by unauthorized persons. Notably passwords submitted by users of our websites are encrypted using encryption mechanisms. However, TSI Network cautions visitors to its websites that no network, including the Internet, is entirely secure. Accordingly, we cannot be responsible for loss, corruption or unauthorized acquisition of personal information provided to our websites, or for any damages resulting from such loss, corruption or unauthorized acquisition.
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
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