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. |
Petro-Canada was Canada’s second largest integrated oil company. Its production centred on Western Canada before its sale to Suncor.
PETRO-CANADA was acquired by rival Suncor Energy Inc. (Toronto symbol SU) in August 2009.
Under the terms of the deal, Petro-Canada shareholders received 1.28 common shares of Suncor… Read More
While assets under management declined, T. Rowe Price’s future still looks bright thanks to some promising acquisitions that diversify its services and customer appeal.
The stock trades at 16.8 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. |
T. ROWE PRICE GROUP INC. (Nasdaq symbol TROW; www.troweprice.com) is an asset… Read More
Looking for the best dividend stock in Canada? Here’s how to find it, and what it will mean for your portfolio returns
We think that Canadian dividend stocks are an important contributor to long-term portfolio gains—and investing in the best dividend stock in Canada will tend… Read More
RioCan continues to build new residential, office and industrial properties to cut its exposure to the retail industry. New properties should help the firm raise investor distributions in the next few years.
All in all, the trust remains attractive thanks to its high-quality properties and… Read More
Rising interest rates and inflation are forcing banks to set aside more funds to cover potential bad loans. However, tougher lending standards introduced since the 2008 financial crisis will keep any losses low compared to J.P. Morgan Chase’s overall loan portfolios.
Meanwhile, the stock trades at… Read More
A planned acquisition south of the border has been canceled, leaving Algonquin Power & Utilities free to pursue other strategies.
The recent dividend cut, while not welcome, will help pay down the company’s relatively high debt and its longer-term prospects remain sound.
Meanwhile, the stock trades at… Read More
Insurers write policies, collect premiums from customers, and then invest those premiums to meet future claims. They’re required to invest significant amounts of that money in fixed-income instruments, namely bonds. That means high interest rates are a boon to their returns. Sun life and Manulife… Read More
While rising interest rates have spurred income-seeking investors to buy bonds, we still prefer high-quality utilities like TC Energy. This regulated business cuts your risk and delivers lots of cash flow for dividends.
Canadian investors also benefit from the dividend tax credit.
The stock trades at… Read More
A recent split-off transaction will help support 3M Company’s share buyback plan as it looks to restore revenues and cut costs despite weaker demand.
The dividend has just been raised. Meanwhile, the stock trades at just 12.2 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. |
3M COMPANY (New York… Read More
With a focus on renewable energy, Transalta Renewables holds a lot of conceptual appeal due to its renewable energy focus. What’s more, this firm supports its high dividend by selling its wind and other power under long-term guaranteed contracts. This includes sales to its blue-chip… Read More
A recent split-off transaction will help support 3M Company’s share buyback plan as it looks to restore revenues and cut costs despite weaker demand.
The dividend has just been raised. Meanwhile, the stock trades at just 11.9 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. |
3M COMPANY (New York… Read More
With a focus on renewable energy, TransAlta Renewables holds a lot of conceptual appeal due to its renewable energy focus. What’s more, this firm supports its high dividend by selling its wind and other power under long-term guaranteed contracts. This includes sales to its blue-chip… Read More
Technology stocks fared poorly in 2022 on investor fears that rising interest rates and inflation would dramatically slow spending on new computers and services.
However, we still like the long-term prospects for this legacy name and feel it’s a top choice for your new buying… Read More
Improved sales in a re-opening economy led Andrew Peller to a 1.4% jump in revenue during the most-recent quarter, even as earnings rocketed 28.6% due to lower costs.
The company has a consistent track record of paying dividends and raising its payout.
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. (A shares;… Read More
Globally, governments are increasing subsidies for renewable energy projects. That’s good news for investors in Innergex Renewable Energy as that support lifts the cash flow of its new solar and wind projects and provides more cash for dividends.
A recent series of acquisitions and other deals… Read More
The U.S. Congress recently passed the $52 billion CHIPS and Science Act. Tax credits and subsidies under the legislation should spur computer chip manufacturers to build new plants in the U.S., which currently produces just 12% of the world’s supply. Increasing domestic chip production will… Read More
The market plunge at the start of the COVID-19 crisis lowered the unit price of most REITs. That’s because the pandemic forced many businesses—and REIT tenants—to temporarily close. However, the pandemic has waned and rental markets are recovering. That will let this REIT maintain, or… Read More
The firm has now substantially completed a multi-year plan to upgrade its wireless and fibre-optic networks. Those improvements are already attracting new customers and bolstering cash flow.
The company’s lower capital spending is also freeing up cash for dividends, making an already-attractive payout look even… Read More
This company enjoyed a major benefit during COVID-19 uncertainty as more than 90% of its long-term-care business was government funded. The recent sale of its retirement living operations will help the firm focus on its core segments.
The stock trades at 28.1 times the company’s 2023… Read More
In the past few years, secure Internet connections have become crucial as more businesses sell goods and transfer sensitive information online. Part of increased demand is that more non-computer devices—like cars and household appliances—are also connecting to the “Internet of Things.”
As the market leader in… 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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Changes to this Policy
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