Dividend stocks make cash payouts that serve as a way for companies to share the wealth they’ve accumulated. These payouts are drawn from earnings and cash flow and paid to the shareholders of the company. Typically, these dividends are paid quarterly, although they may be paid annually or even monthly as well.
Dividends can produce as much as a third of your total return over long periods, and you can even retire on dividends.
There are 4 key stock dividend dates that are involved with dividend payments:
1- The Declaration Date is several weeks in advance of a dividend payment—it’s when company’s board of directors sets the amount and timing of the proposed payment.
2- The Payable Date is the date set by the board on which the dividend will actually be paid out to shareholders.
3- The Record Date is for shareholders who hold the stock before the payable date and receive the dividend payment. That date is set any number of weeks before the payable date.
4-The Ex-Dividend Date is two business days before the record date and it’s when the shares begin to trade without their dividend. If you buy stocks one day or more before their ex-dividend date, you will still get the dividend. That’s when a stock is said to trade cum-dividend. If you buy on the ex-dividend date or later, you won’t get the dividend. The ex-dividend date is in place to allow pending stock trades to settle.
We think very highly of stocks that have been paying dividends for five or more years, at TSI Network. Many of these stocks fit in well with our three-part Successful Investor philosophy:
1- Invest mainly in well-established companies;
2- Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; and Utilities);
3- Downplay or avoid stocks in the broker/media limelight.
 The Growing Power of DividendsLearn everything you need to know in ‘7 Winning Strategies for Dividend Investors’ for FREE from The Successful Investor. The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks. |
J.P. Morgan Chase recently passed the Federal Reserve’s latest stress test, which measures how financial firms would cope with a jump in unemployment, falling stock prices and other unfavourable developments. As a result, it raised its dividend.
Higher interest rates have also lifted earnings and… Read More
A Member of Pat McKeough’s Inner Circle asked for his advice on Tamarack Valley, a junior oil and gas company active in Western Canada.
Pat likes the company’s cheap valuation and its relatively solid dividend, but warns the company needs higher oil and gas prices to… Read More
Assets under management improved despite a net outflow of new money as IGM continues to expand its presence outside Canada.
We think the company’s future is bright as it continues to offer a high yield at a relatively cheap valuation.
That’s because the stock trades at just… Read More
Revenues continue to rebound as restaurants and hotels re-open. Andrew Peller’s 5.9% dividend yield also looks sustainable.
The Growing Power of DividendsLearn everything you need to know in '7 Winning Strategies for Dividend Investors' for FREE from The Successful Investor. The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks. |
ANDREW PELLER LTD. (Toronto symbols ADW.A (non-voting); www.andrewpeller.com) is Canada’s second-largest wine producer after Arterra Wines.
Peller’s wineries are in Ontario (Niagara), British Columbia (Okanagan and Similkameen Valleys) and Nova… Read More
Allied Properties holds some of the best properties in Canada’s biggest cities. Those assets should let it sustain its high distribution.
The share price should turn around before much longer and meanwhile the REIT is priced below its peers at just 7.5 times free cash flow.
The Growing Power of DividendsLearn everything you need to know in '7 Winning Strategies for Dividend Investors' for FREE from The Successful Investor. The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks. |
ALLIED… Read More
Domestic and international business remains strong for our two top Canadian insurance recommendations: Sun Life and Manulife, both of which have largely recovered from the March 2020 market fall and look poised to move higher.
Meanwhile, each firm offers a solid, sustainable dividend yield. We… Read More
In 2022, the U.S. Congress recently the $52 billion CHIPS and Science Act. Tax credits and subsidies under the legislation should spur computer chip manufacturers like Texas Instruments, to build new plants in the U.S., which currently produces just 12% of the world’s supply. Increasing… Read More
TC Energy recently announced a new plan to unlock value for its investors. The strategy includes spinning off the company’s oil pipelines business and selling certain other assets to pay down debt.
The stock dropped on the announcement. However, numerous academic studies show that spun-off stocks,… Read More
Sobeys has undergone significant changes since this article was published in 2006, including its delisting by owner Empire Company LTD. See below for that June 2016 update, following an Oct. 2019 update on Empire.
2019:
Empire Company Ltd., $30.50, symbol EMP.A on Toronto (Shares outstanding: 269.1… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on Capital Power, a power-generation company that operates 29 facilities across North America.
Pat likes the high yield as well as the company’s track record of rising cash flow and payouts. Its strategic plan… Read More
Worries about the trend to remote work, even as the pandemic lifted, have weighed on Dream Office REIT. However, its high-quality properties should continue to attract tenants and support its distributions.
The stock trades at just 5.5 times the company’s free cash flow as compared to… Read More
With its clean, renewable power, Innergex has strong conceptual appeal for investors. But just as important is its diverse mix of hydroelectric, wind and solar power. That diversity, along with long-term contracts, provide stable cash flows.
That lets this utility firm continue to build up… Read More
In January 2022, H&R REIT spun off most of its retail properties to Primaris REIT. Unitholders received one unit of Primaris for every four units of the original REIT they held. At that time, the parent REIT investors held 74% of Primaris, while the Healthcare… Read More
Rising interest rates can pose challenges for utility companies for two primary reasons: the burden of high debt levels and the potential shift in investor preferences.
Utilities play a critical role in providing essential services such as electricity, gas, and water to communities. Due to the… Read More
Use these key tips to learn how to do dividend investing successfully to pick the best investments with the least amount of risk
Top-quality stocks tend to lose less of their value in market setbacks. They also tend to bounce back nicely when conditions improve. These… Read More
Recovering COVID-19-related costs has helped this Extendicare grow its cash flow 66.4% in the most recent quarter.
A recent focus on expanding its long-term-care and home health care segments should support the solid dividend.
Meanwhile the stock trades at 26.5 times the company’s 2023 earnings forecast.
The Growing Power of DividendsLearn everything you need to know in '7 Winning Strategies for Dividend Investors' for FREE from The Successful Investor. The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks. |
EXTENDICARE INC… Read More
Investors interested in building wealth through dividend investing should focus on top quality companies with long-term records of sustainable dividends—plus a number of other key factors
If you include top-quality dividend stocks in your portfolio, the income you earn can supply a significant percentage of your… Read More
Cisco Systems has a long history of regular dividend increases. This helps cut your cyclical risk.
What’s more, revenues and earnings look set to continue rising given that multiple business sectors require fast data transfer speeds and the firm’s other specialty services, such as software and… Read More
ATCO LTD. (Toronto symbols ACO.X [class I non-voting] $58 and ACO.Y [class II voting] $58; Income Portfolio, Utilities sector; Shares outstanding: 58.2 million; Market cap: $3.4 billion; Price-to-sales ratio: 1.0; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.atco.com) is a holding company. Its main subsidiary… Read More
Wajax was hurt by the decline in economic activity arising from the pandemic. But it’s now regained all the ground it lost and more after its big drop in March 2020, and we see the shares rising even higher given its prospects.
Meanwhile, the company… 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.
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