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

Here’s our Pick of the Month

NORTH WEST CO. $31.27 (Toronto symbol NWC; TSINetwork Rating: Extra Risk) (604-231-1100; www.northwest.ca; Shares o/s: 49.1 million; Market cap: $1.5 billion; Dividend yield: 4.2%) sells food and everyday products and services through 244 stores. Those locations are mainly in northern communities across Canada and Alaska. The company also… Read More

Gains ahead for these high-yield trusts

DREAM OFFICE REIT $24.19 (Toronto symbol D.UN; TSINetwork Rating: Extra Risk) (416-365-3535; www.dream.ca/office; Units outstanding: 59.0 million; Market cap: $1.5 billion; Dividend yield: 4.1%) owns and manages 34 office and retail properties in major Canadian cities. Altogether, those properties—including three under development—comprise 7.3 million square feet of leasable… Read More

Enbridge project faces key delay

ENBRIDGE INC. $46 (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.0 billion; Market cap: $92.0 billion; Price-to-sales ratio: 2.0; Dividend yield: 6.4%; TSINetwork Rating: Above Average; www.enbridge.com) wants to replace its aging Line 3 pipeline, which pumps crude from Alberta to Wisconsin… Read More

Big-city focus cuts RioCan’s risk

RIOCAN REAL ESTATE INVESTMENT TRUST $27 (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 303.8 million; Market cap: $8.2 billion; Price-to-sales ratio: 6.6; Dividend yield: 5.3%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 230 shopping centres and other rental properties in… Read More

More to BCE than rising dividends

BCE has gained 16% in the past year, compared to a 0.2% decline for the S&P/TSX Composite Index. The jump reflects concerns about the U.S.-China trade dispute, which has raised the possibility that central banks will cut their interest rates. That has, in turn, increased… Read More

TRP has a new name

TC ENERGY INC. $66.20 (Toronto symbol TRP; Shares outstanding: 923.2 million; Market cap: $61.3 billion; TSINetwork Rating: Above Average; Dividend yield: 4.5%; www.transcanada.com) is the new name for TransCanada Corp. (the trading symbol “TRP” remains unchanged). The company operates a 91,900-kilometre pipeline network that pumps natural gas… Read More

Algonquin spreads globally

ALGONQUIN POWER & UTILITIES $16.03 (Toronto symbol AQN; Shares outstanding: 490.5 million; Market cap: $7.8 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.8%) operates natural gas, water distribution and wastewater collection services.
The company will now buy Bermuda Electric Light Co., which is the main provider of electricity… Read More

These two renewables deliver high yields

BROOKFIELD RENEWABLE PARTNERS L.P. $44.13 (Toronto symbol BEP.UN; Units outstanding: 296.3 million; Market cap: $13.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.3%; www.brookfieldrenewable.com) has interests in 219 hydroelectric generating stations, 106 wind farms and 545 solar-power facilities. In all, it operates over 17,400 megawatts of generating… Read More

Buy these REITs for income and growth

H&R REIT $22.86 (Toronto symbol HR.UN; Units outstanding: 285.9 million; Market cap: $6.5 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.1%; www.hr-reit.com) owns 34 office properties, 89 retail properties, 90 industrial properties and 23 residential properties in Canada and the U.S. It has a 33.6% stake in… Read More

Top assets spur dividends

POWER CORP. $28.77 (Toronto symbol POW; Shares o/s: 414.4 million; Market cap: $12.3 billion; TSINetwork Rating: Above Average; Dividend yield: 5.6%; www.powercorporation.com) is a holding company with a diversified list of businesses. It holds its financial assets through its 65.6%-owned Power Financial.
Power Financial’s assets include a 67.6%… Read More

Pembina’s acquisition pays off

Pembina bought Veresen Inc. in 2017 for $9.7 billion, and that acquisition has already proven to be a great fit: Veresen’s U.S. exposure and its assets, including a 50% stake in the Alliance natural-gas pipeline, broaden Pembina’s operations. Meanwhile, Pembina has other growth projects underway… Read More

Updating Ford Motor Co.

FORD MOTOR CO. $10 (New York symbol F, Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 3.9 billion; Market cap: $39.0 billion; Dividend yield: 6.0%; Dividend Sustainability Rating: Above Average; www.ford.com) holds 14.4% of the U.S. auto market, which means it’s only second to General Motors… Read More

Niche markets fuel this retailer’s dividend

NORTH WEST COMPANY $30 (Toronto symbol NWC; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 46.9 million; Market cap: $1.4 billion; Dividend Sustainability Rating: Above Average; Dividend yield: 4.4%; www.northwest.ca) sells food, and everyday products and services at 245 stores. Those outlets are mainly in northern communities across Canada… Read More

Dividend increase: PepsiCo

PEPSICO INC. $128 (Nasdaq symbol PEP; Conservative-Growth Payer Portfolio, Consumer sector; Shares outstanding: 1.4 billion; Market cap: $179.2 billion; Dividend yield: 3.0%; Dividend Sustainability Rating: Above Average; www.pepsico.com) is the world’s second-largest soft-drink maker after Coca-Cola. Its other brands include Frito-Lay snack foods, Gatorade sports drinks, Tropicana fruit… Read More

Updating Stantec Inc., Saputo Inc. & Intact Financial Corp.

STANTEC INC. $31 (Toronto symbol STN; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 111.7 million; Market cap: $3.5 billion; Dividend yield: 1.9%; Dividend Sustainability Rating: Above Average; www.stantec.com) sells a range of consulting, design and technology services to clients in the oil and gas, transportation and… Read More

Steady growth on the horizon

STANLEY BLACK & DECKER INC. $130 (New York symbol SWK; Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 151.5 million; Market cap: $19.7 billion; Dividend yield: 2.0%; Dividend Sustainability Rating: Above Average; www.stanleyblackanddecker.com) is one of the world’s largest makers of hand and power tools. Its top… Read More

Buy one of these high-yielding small caps

CHEMTRADE LOGISTICS INCOME FUND $9.38 (Toronto symbol CHE.UN; High-Growth Payer Portfolio, Manufacturing & Industry sector; Units o/s: 92.6 million; Market cap: $868.6 million; Dividend yield: 12.8%; 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

These tech giants offer you rising dividends

MICROSOFT CORP. $125 (Nasdaq symbol MSFT; High-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 7.7 billion; Market cap: $962.5 billion; Dividend yield: 1.5%; Dividend Sustainability Rating: Highest; www.microsoft.com) is the world’s largest computer software company. Its Windows operating system powers about 80% of the world’s personal… Read More

U.S. operations boost these Canadian utilities

EMERA INC. $52 (Toronto symbol EMA; Income-Growth Payer Portfolio, Utilities sector; Shares outstanding: 235.8 million; Market cap: $12.3 billion; Dividend yield: 4.5%; Dividend Sustainability Rating: Highest; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns and invests in power plants and gas… Read More

Dividend increase: Algonquin

ALGONQUIN POWER & UTILITIES CORP. $16 (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 490.5 million; Market cap: $7.8 billion; Dividend yield: 4.8%; Dividend Sustainability Rating: Above Average; www.algonquinpower.com) operates through two main businesses: The Liberty Power Group produces and sells electricity from 39 clean… Read More