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

These safety-conscious stocks remain buys

TC ENERGY INC., $61.60, is a buy. The company (Toronto symbol TRP; Shares outstanding: 978.2 million; Market cap: $59.7 billion; TSINetwork Rating: Above Average; Dividend yield: 5.7%; www.tcenergy.com) generates steady cash flow for investors mainly through a 93,300-kilometre pipeline network that pumps natural gas from… Read More

Telus profits in health

TELUS, $25.85, is a buy. The company (Toronto symbol T; Shares outstanding: 1.3 billion; Market cap: $34.7 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%; www.telus.com) owns Telus Health, which helps clinics, pharmacies and hospitals manage electronic patient records.

The COVID-19 pandemic continues to spur demand… Read More

These renewals offer income and growth

With their clean, renewable power, these two companies have strong conceptual appeal for investors. But just as important—especially in the wake of the coronavirus—they have stable cash flows from their diverse mix of hydroelectric, wind and solar power. That diversity, plus their long-term contracts, will… Read More

IBM breaks out

IBM, $145.22, is still a buy. The stock (New York symbol IBM; Shares outstanding: 893.5 million; Market cap: $130.2 billion; TSINetwork Rating: Above Average; Yield: 4.5%) is one of the world’s largest computer companies, with operations in over 175 countries.

Thanks to rising demand for its… Read More

Updating our High-Growth payers: Pembina Pipeline

PEMBINA PIPELINE CORP. $38 is a buy. The company (Toronto symbol PPL; High-Growth Dividend Payer Portfolio; Utilities sector; Shares o/s: 550.0 million; Market cap: $20.9 billion; Divd. yield: 6.6%; Divd. Sustainability Rating: Above Average; www.pembina.com) operates pipelines that carry half of Alberta’s conventional oil and almost all of B.C.’s… Read More

Cyclical gains fuel this dividend

GENUINE PARTS CO. $125 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 144.5 million; Market cap: $18.1 billion; Dividend yield: 2.6%; Dividend Sustainability Rating: Above Average; www.genpt.com) is a leading seller of replacement auto parts. It has 1,100 company-owned… Read More

CAE could restart its dividend

CAE INC. $39 is still a buy for patient investors. The company (Toronto symbol CAE; Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 266.2 million; Market cap: $10.4 billion; Dividend suspended in March 2020; Dividend Sustainability Rating: Average; www.cae.com) suspended its $0.11-a-share quarterly dividend in 2020 as COVID-19… Read More

Rising oil prices support their dividends

Oil prices continue to improve as the global economy rebounds from COVID-19 shutdowns. That should support the current dividends from these two producers. They are also cheap in relation to their cash flow.
SUNCOR ENERGY INC. $27 remains a buy. The company (Toronto symbol SU; Cyclical-Growth Payer Portfolio,… Read More

Wyndham doubles your dividend

WYNDHAM HOTELS & RESORTS INC. $75 remains a buy. The company (New York symbol WH; Cyclical-Growth Portfolio, Consumer sector; Shares o/s: 93.4 million; Market cap: $7.0 billion; Divd. yield: 0.9%; Divd. Sustainability Rating: Average, www.wyndhamhotels.com) is a hotel franchiser with 8,900 hotels (796,000 rooms) in 95 countries.
The stock has… Read More

Re-opening lifts ADM’s earnings

ARCHER DANIELS MIDLAND CO. $63 is a buy. The stock (New York symbol ADM; High-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 558.5 million; Market cap: $35.2 billion; Dividend yield: 2.3%; Dividend Sustainability Rating: Above Average; www.adm.com) processes corn, wheat, soybeans, flax seed, peanuts and other crops into… Read More

Canadian dividends give you tax advantages

Investors who hold dividend-paying Canadian stocks get an additional bonus: their dividends may be eligible for the tax credit reserved for the dividends of Canadian corporations.
This means those dividends get taxed at a lower rate than the same amount of interest income; for example, investors… Read More

A Yield to Caution: Dividend 15 Split Corp.

DIVIDEND 15 SPLIT CORP. $8.06 (Toronto symbol DFN; Shares outstanding: 65.5 million; Market cap: $527.9 million; Dividend yield: 14.9%; www.quadravest.com) holds shares of 15 big Canadian companies.
These include BCE, Bank of Nova Scotia, Thomson Reuters, TC Energy, Sun Life Financial, Enbridge and Telus. It can also invest… Read More

Russel forms a key partnership

RUSSEL METALS $27.84 (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 62.3 million; Market cap: $1.7 billion; Dividend yield: 5.5%) and Japan’s Marubeni-Itochu Tubulars America have agreed to combine their respective Canadian OCTG/line pipe businesses. These units sell pipe to oil and gas companies.
Over the past… Read More