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. |
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
Improved sales of equipment and parts led to a 17.3% jump in revenue for this company during the most-recent quarter.
A recent valve sales, service and support acquisition continues to diversify the firm’s reach across multiple industries.
Meanwhile the stock trades at just 7.7 times the company’s… Read More
We continue to recommend income-seeking investors diversify their Finance sector holdings with high-quality non-bank stocks like this one. The firm has a long history of annual dividend increases, which further enhances its appeal.
What’s more, the firm’s recent acquisition should help offset any further market downturn… Read More
Small market cap firms are generally riskier than bigger companies. You can cut that risk by focusing on market leaders with long histories of paying dividends such as this one.
Generally, a higher-than-usual dividend yield is a sign that the payout may exceed the company’s earning… Read More
The best Canadian dividend stock picks include those with a long history of dividends, often a recent dividend increase, and a commitment by management to keep offering an attractive dividend
One key feature of the best Canadian dividend stock picks is that they are maintaining or… Read More
This REIT mainly operates retail malls, which suffered at the height of the COVID-19 lockdowns of 2020. As a result, it cut distributions by a third.
However, most of its tenants have re-opened their stores and the trust is once again raising its monthly distributions.
We feel… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a REIT that specializes in retirement home properties.
Pat likes the high dividend payout as well as the demographic trends that point to rising demand for retirement facilities. Among the negatives are current… Read More
Rising interest rates and inflation are forcing this bank 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 its overall loan portfolios.
Overall, this firm has a solid… Read More
New projects, higher power rates, and a recent acquisition contributed to a huge 26.1% revenue gain for this company during the most-recent quarter.
High borrowing costs could force a dividend cut, but the firm has several options available.
ALGONQUIN POWER & UTILITIES (Toronto symbol AQN; www.algonquinpower.com) is… Read More
Domestic and international business remains strong for our two top Canadian insurance recommendations, 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, and we expect recent acquisitions and… Read More
Rising oil and gas prices plus new projects coming online led to a 17.3% jump in revenue for this company during the most-recent quarter.
New projects should continue to support an annual dividend rate increase of 3% to 5%.
Meanwhile the stock trades at 13.6 times the… Read More
Understanding dividend yield and divided sustainability will help you invest in stocks that will give you steady income as well as growth prospects
Understanding dividend yield is an important part of planning and building a sound portfolio. Dividend yield is calculated as the total annual dividends… Read More
With a focus on renewable energy, this power generator 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… Read More
A spinoff should help this company remain focused on its core offering of computer chips for personal computers and data centres.
In the meantime, it’s looking to grow its ability to make chips for other firms by building advanced plants.
The stock trades at 14.9 times the… Read More
Improved selling prices and re-opening restaurants led to a 5.7% jump in revenue for this company during the most-recent quarter. A cost-cutting program should also help lift earnings again.
Meanwhile, the stock trades at just 7.6 times the company’s 2023 earnings forecast.
ANDREW PELLER LTD. (Toronto symbol… Read More
The market plunge at the start of the COVID-19 crisis hurt the unit price of most REITs. That’s because the pandemic forced many businesses—among them REIT tenants—to temporarily close.
However, the economy is recovering. That lets this REIT maintain, or even raise, its high distributions.
ALLIED… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a company structured as a private REIT and yielding 4.5%.
Pat sees little to like about this type of structure in general. The disadvantages are many and there are few if any benefits… Read More
With its clean, renewable power, this company has strong conceptual appeal for investors. But just as important—especially considering the pandemic—is its diverse mix of hydroelectric, wind and solar power.
That diversity, along with plenty of long-term contracts, provides stable cash flows. That lets this utility… 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
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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