Dividend Stocks

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.

Don’t buy dividend stocks until you read this FREE Special Report,
The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks.

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Dividend Stocks Library Archives

This REIT is building investor value

RIOCAN REAL ESTATE INVESTMENT TRUST, $27, is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 304.2 million; Market cap: $8.2 billion; Price-to-sales ratio: 6.5; Dividend yield: 5.3%; TSINetwork Rating: Average; www.riocan.com) continues to focus on six major urban markets: Toronto, Montreal,… Read More

Here’s 2 more stellar income picks for you

In addition to TC Energy (see page 101), we see Enbridge and Emera as solid long-term holdings for income-seeking investors.
Their recent acquisition of U.S. firms has broadened each company’s geographic footprint and will spur growth—as well as dividends—for years to come.
However, we think Emera is… Read More

Telus expands a key niche

TELUS $47.42 (Toronto symbol T; Shares outstanding: 601.0 million; Market cap: $28.4 billion; TSINetwork Rating: Above Average; Dividend yield: 4.7%; www.telus.com) is Canada’s third-largest wireless carrier after Rogers Communications (No. 1) and Bell Mobility (No. 2). The company’s wireless business has 9.89 million subscribers and… Read More

Innergex grows in Texas

INNERGEX RENEWABLE ENERGY $15.30 (Toronto symbol INE; Shares o/s: 133.6 million; Market cap: $2.0 billion; TSINetwork Rating: Extra Risk; Dividend yield 4.6%; www.innergex.com) operates 37 hydroelectric plants, 25 wind farms and four solar power fields.

The company has just begun commercial operations at its 350.3 megawatt… Read More

RioCan sticks to its plan

RIOCAN REAL ESTATE INVESTMENT TRUST $26.23 (Toronto symbol REI.UN; Units outstanding: 303.8 million; Market cap: $8.1 billion; TSINetwork Rating: Average; Dividend yield: 5.5%; www.riocan.com) owns all or part of 217 shopping centres and other properties across Canada. They include 13 projects now under development. In… Read More

Their focus on adding value will pay off

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $52.72 (Toronto symbol AP.UN; Units outstanding: 116.3 million; Market cap: $6.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.0%; www.alliedreit.com) owns 188 office buildings, mainly in major Canadian cities. Most of those are classified as Class I buildings. Together,… Read More

Choice lifts its outlook

CHOICE PROPERTIES REIT $14.49 (Toronto symbol CHP.UN; Units o/s: 309.6 million; Mkt. cap: $10.2 billion; TSINetwork Rating: Extra Risk; Divd. yield: 5.1%; www.choicereit.ca) is Canada’s largest real estate investment trust, with 756 properties, including 20 under development. Altogether, that makes for 68.0 million square feet… Read More

Algonquin offsets its acquisition risk

Algonquin Power continues to expand through big acquisitions. That adds risk. Still, the company focuses on making purchases that add immediately to its cash flow. As well, its renewable energy projects sell their power under long-term government-guaranteed contracts. The company’s international expansion also cuts its… Read More

Updating Our Cyclical-Growth Payers: Chevron Corp.

CHEVRON CORP. $124 (New York symbol CVX; Cyclical-Growth Dividend Payer Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $235.6 billion; Dividend yield: 3.8%; Dividend Sustainability Rating: Above Average; www.chevron.com) is the second-largest integrated oil company in the U.S. by revenue, after ExxonMobil (New York symbol XOM).
The company… Read More

UTX transformation should boost dividend

UNITED TECHNOLOGIES CORP. $137 (New York symbol UTX; Conservative-Growth Payer Portfolio; Manufacturing & Industry sector; Shares outstanding: 862.8 million; Market cap: $118.2 billion; Dividend yield: 2.1%; Dividend Sustainability Rating: Above Average; www.utc.com) is leading maker of jet engines (Pratt & Whitney), aircraft controls (Collins Aerospace Systems), heating and… Read More

Premium products spur its dividend

ANDREW PELLER LTD. $14 (Toronto symbol ADW.A; Conservative Growth Payer Portfolio, Consumer sector; Shares outstanding: 44.2 million; Market cap: $618.8 million; Dividend yield: 1.5%; Dividend Sustainability Rating: Above Average; www.andrewpeller.com) is Canada’s second-largest producer of wines, after Arterra Wines.
Starting with the July 2019 payment, Peller raised its quarterly… Read More

Updating IGM Financial Inc., Emera Inc. and Stanley Black & Decker Inc.

IGM FINANCIAL INC. $38 (Toronto symbol IGM; Conservative-Growth Payer Portfolio, Finance sector; Shares outstanding: 238.3 million; Market cap: $9.1 billion; Dividend yield: 5.9%; Dividend Sustainability Rating: Above Average; www.igmfinancial.com) is Canada’s largest independent mutual-fund provider with $161.7 billion in assets under management as of June 30, 2019.
IGM last… Read More

PepsiCo taps Africa’s growth

PEPSICO INC. $135 (Nasdaq symbol PEP; Conservative-Growth Payer Portfolio, Consumer sector; Shares outstanding: 1.4 billion; Market cap: $189.0 billion; Dividend yield: 2.8%; Dividend Sustainability Rating: Above Average; www.pepsico.com) last raised its quarterly dividend with the June 2019 payment by 3.0%, to $0.955 a share from $0.9275. The new… Read More

These cyclicals offer investors stable income

SHAWCOR LTD. $16 (Toronto symbol SCL; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 70.2 million; Market cap: $1.1 billion; Dividend yield: 3.8%; Dividend Sustainability Rating: Above Average; www.shawcor.com) produces sealants and coatings to keep oil and gas pipelines from rusting. It also makes electrical wire and… Read More

Supermarket firms gain from drugstore chains

LOBLAW COMPANIES LTD. $76 (Toronto symbol L; Conservative-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 365.5 million; Market cap: $27.8 billion; Dividend yield: 1.7%; Dividend Sustainability Rating: Highest; www.loblaw.ca) operates 1,085 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills.
In March 2014, the… Read More

Power’s high dividend is sustainable

POWER CORP. $30 (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 376.6 million; Market cap: $11.3 billion; Dividend yield: 5.4%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) is a holding company with a diversified list of businesses. It holds its financial assets through its 65.6%-owned Power… Read More

Solid dividends make Chemtrade, RioCan buys

CHEMTRADE LOGISTICS INCOME FUND $11 (Toronto symbol CHE.UN; High-Growth Payer Portfolio, Manufacturing & Industry sector; Units o/s: 92.6 million; Market cap: $1.0 billion; Dividend yield: 10.9%; Dividend Sustainability Rating: Average; www.chemtradelogistics.com) is one of the largest removal-service providers for resource firms that create acid and sulphur by-products. It… Read More

Yield to Caution: Medical Facilities Corp.

MEDICAL FACILITIES CORP. $7.96 (Toronto symbol DR; Shares outstanding: 31.1 million; Market cap: $247.6 million; Dividend yield: 14.1%; www.medicalfacilitiescorp.ca) holds majority interest in five specialty surgical hospitals in South Dakota, Indiana, Oklahoma and Arkansas, as well as an outpatient surgical clinic in California.
The company pays a monthly dividend of… Read More

Green power trend fuels Innergex

Innergex continues to focus on renewable power projects. Although it has used acquisitions to expand, particularly outside of Canada, it cuts that risk by taking on partners with local knowledge.
The company’s strategy should continue to pay off as governments around the world move to phase… Read More