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.

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Dividend Stocks Library Archives

Three solid picks for income seekers

The Bank of Canada recently raised its benchmark interest rate, from 0.5% to 1.0%, in response to rising inflation. It also signalled more hikes are likely in the coming months.
Generally, rising interest rates are bad news for high-yielding utility stocks, such as the three we… Read More

These safety-conscious stocks remain buys

ENBRIDGE, $57.53, is a #1 Buy for 2021. The firm (Toronto symbol ENB; Shares outstanding: 2.0 billion; Market cap: $114.0 billion; TSINetwork Rating: Above Average; Dividend yield: 6.0%; www.enbridge.com) operates pipelines that pump Western Canadian oil and gas to eastern Canada and the U.S. Investors also tap the… Read More

IBM prospers in the cloud

IBM, $137.40, is still a buy. The company (New York symbol IBM; Shares o/s: 899.3 million; Market cap: $119.2 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%) is one of the world’s largest computing firms, with operations in over 175 countries.
Thanks to strong growth at its cloud computing… Read More

BCE taps into gambling

BCE INC., $69.41, is a buy. The company (Toronto symbol BCE; Shares outstanding: 910.9 million; Market cap: $62.5 billion; TSINetwork Rating: Above Average; Dividend yield: 5.3%) is taking a first step into online betting.
Ottawa recently legalized online betting on individual sporting events. In response, BCE-owned cable sports channel… Read More

Primaris REIT: New buy

PRIMARIS REIT, $14.56, is a buy. The trust (Toronto symbol PMZ.UN; units o/s: 101.4 million; Market cap: $1.5 billion; TSINetwork Rating: Average; Yield: 5.5%; www.primarisreit.com) owns 35 enclosed and open air shopping malls in Canada. The occupancy rate is 89.1%.
In January 2022, unitholders of H&R REIT (see left)… Read More

Two high-yield REITs with gains ahead

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, as the pandemic wanes, the economy is normalizing. That will let these two REITs maintain, or… Read More

Boost for BNS shareholders

BANK OF NOVA SCOTIA, $83.38, is a #1 Buy for 2022. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $99.7 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%; www.scotiabank.com) raised your quarterly dividend by 11.1% with the January 2022 payment. The new annual rate of… Read More

3M still has appeal

3M COMPANY $144 remains a buy. The company (New York symbol MMM; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 569.2 million; Market cap: $82.0 billion; Price-to-sales ratio: 2.4; Dividend yield: 4.1%; TSINetwork Rating: Above Average; www.3m.com) produces more than 60,000 consumer and industrial goods.
3M recently set aside… Read More

Updating Our High-Growth Payers: Cisco Systems Inc.

CISCO SYSTEMS INC. $49 is a buy. The company (Nasdaq symbol CSCO; High-Growth Dividend Payer Portfolio, Manufacturing sector; Shares outstanding: 4.2 billion; Market cap: $205.8 billion; Dividend yield: 3.1%; Dividend Sustainability Rating: Above Average; www.cisco.com) makes hardware and software to link and manage computer networks.
Starting with the April 2022… Read More

This merger continues to pay off for investors

In April 2020, our long-time favourite United Technologies merged with rival Raytheon. The deal cut the company’s exposure to cyclical commercial airline customers, and freed up more cash for dividends and share buybacks.
RAYTHEON TECHNOLOGIES CORP. $99 is a buy. The company (New York symbol RTX; Conservative-Growth Payer… Read More

Buy quality assets at a discount

POWER CORP. $38 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 676.6 million; Market cap: $25.7 billion; Dividend yield: 5.2%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) is a holding company with a diversified list of businesses. Its primary investments are controlling… Read More

Use these updates to boost your returns

BROADRIDGE FINANCIAL SOLUTIONS INC. $147 is a buy. The company (New York symbol BR; High-Growth Payer Portfolio, Finance sector; Shares outstanding: 116.2 million; Market cap: $21.0 billion; Dividend yield: 1.4%; Dividend Sustainability Rating: Above Average; www.broadridge.com) serves the investment industry in three main areas: investor communications, securities processing and… Read More

T. Rowe’s low p/e adds appeal

T. ROWE PRICE GROUP INC. $131 is a buy. The seller of mutual funds (Nasdaq symbol TROW; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 227.8 million; Market cap: $29.8 billion; Dividend yield: 3.7%; Dividend Sustainability Rating: Above Average; www.troweprice.com) last raised its quarterly dividend by 11.1% with the… Read More

Decades of rising payments cut your risk

A key part of successful dividend investing is picking stocks, such Procter & Gamble and Walmart, with long histories of rising, sustainable payments.
PROCTER & GAMBLE CO. $159 is a buy. The company (New York symbol PG; Income-Growth Portfolio, Consumer sector; Shares outstanding: 2.4 billion; Market cap: $381.6… Read More

This big acquisition is still on track

NORTONLIFELOCK INC. $26 is a buy. The company (Nasdaq symbol NLOK; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 581.9 million; Market cap: $15.1 billion; Dividend yield: 1.9%; Dividend Sustainability Rating: Average; www.nortonlifelock.com) last raised its quarterly dividend by 7.0% with the December 2019 payment, to $0.125 a share… Read More

Their high yields look sustainable

Generally, a higher-than-usual dividend yield is a sign that the payout may exceed the company’s earning capacity. We feel, however, that the dividends from these two small-cap stocks are safe. That’s because they are leaders in their niche markets.
RUSSEL METALS INC. $34 is a buy. The… Read More

IGM raises stake in Asian firm

IGM FINANCIAL INC. $41 is a buy. The mutual fund provider (Toronto symbol IGM; Conservative-Growth Payer Portfolio, Finance sector; Shares outstanding: 239.7 million; Market cap: $9.8 billion; Dividend yield: 5.5%; Dividend Sustainability Rating: Above Average; www.igmfinancial.com) last raised its quarterly dividend by 4.7% with the January 2015 payment. The… Read More