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

Both Russel and Wajax offer very high yields

Those industrials remain profitable despite COVID-19-induced slowdowns in their markets. Meanwhile, both yield over 8%. That adds an extra layer to their appeal and helps support their share prices. Each is a buy.
RUSSEL METALS $18.00 (New York symbol XEC; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 62.2… Read More

TC presses ahead with Keystone XL

TC ENERGY CORP. $61 is our #1 Income Buy for 2020. The company (Toronto symbol TRP; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 940.0 million; Market cap: $56.3 billion; Price-to-sales ratio: 4.4; Dividend yield: 5.3%; TSINetwork Rating: Above Average; www.tcenergy.com) has received approval from the U.S…. Read More

These updates will enhance your portfolio: Shawcor Ltd., Enbridge Inc. and Linamar Corp.

SHAWCOR LTD. $2.57 is still a buy, but only for highly aggressive investors. The company (Toronto symbol SCL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 70.2 million; Market cap: $180.4 million; Price-to-sales ratio: 0.2; Dividend suspended in March 2020; TSINetwork Rating: Average; www.shawcor.com) makes sealants and… Read More

Our updates keep you on top of your stocks

BANK OF NOVA SCOTIA $55.88, is a buy. The bank (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $67.4 billion; TSINetwork Rating: Above Average; Dividend yield: 6.4%; www.scotiabank.com) has agreed to settle charges by U.S. securities regulators that its traders manipulated precious metals markets, including gold, silver,… Read More

H&R gains a big tenant

H&R REIT, $10.56, is a buy. The REIT (Toronto symbol HR.UN; Units outstanding: 286.8 million; Market cap: $2.9 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.5%; www.hr-reit.com) continues to build the initial phase of a huge 2.7 million square foot industrial development in Caledon, Ontario.
The first phase consists… Read More

These REITs offer high, sustainable yields

The market plunge in the wake of the COVID-19 crisis lowered prices for most REITs. That’s because the pandemic forced many businesses to temporarily close. That hurt rent collection for REITs, and cut cash available for distributions. However, payments from these two REITs still look… Read More

Sun Life offers tele-health

SUN LIFE FINANCIAL, $55.77, is a buy. This Canadian insurance giant (Toronto symbol SLF; Shares o/s: 584.8 million; Market cap: $32.1 billion; TSINetwork Rating: Above Average; Divd. yield: 3.9%; www.sunlife.ca) is making an equity investment of $32.7 million in privately held Canadian telemedicine provider Dialogue. The transaction also gives… Read More

These telcos give you high, sustainable yields

BCE and Telus are high-quality firms with businesses well-prepared to withstand the COVID-19 slowdown.
Longer term, the recent launch of their new ultrafast 5G wireless networks will provide strong growth prospects and boost their cash flow to pay for dividend increases.
BCE INC. $57.05, is a buy. Through… Read More

Tap Power Corp.’s top-quality assets

Investors value simplicity over complexity in their stock purchases. Power Corp. offers you top-quality assets, but its complex holding company structure has taken attention away from its investor value. Power recently underwent a major reorganization to simplify its structure. Even so, a “holding company discount”… Read More

Updating your Income stocks

3M COMPANY $164 (www.3m.com) is a buy. Due to the COVID-19 pandemic, the company plans to triple production of N95 face masks and other personal protective equipment. That’s mainly why 3M’s sales in the month of July 2020 rose 6% from a year earlier, to $2.8 billion. By… Read More

5G will help them thrive again

AT&T and Verizon have now launched their ultrafast 5G wireless networks. That will spur demand, revenue, dividends—and enhance their already-strong outlooks.
Meantime, COVID-19 will continue to hurt them as well as help them: while pandemic lockdowns made it harder to sign up new customers, remote working… Read More

Updating Our High-Growth Payers: Intact Financial Corp.

INTACT FINANCIAL CORP. $143 is a buy. The company (Toronto symbol IFC; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 143.0 million; Market cap: $20.4 billion; Dividend yield: 2.3%; Dividend Sustainability Rating: Above Average; www.intactfc.com) gives you exposure to Canada’s largest provider of property and casualty insurance. Intact insures… Read More

Merger savings will spur dividend

RAYTHEON TECHNOLOGIES CORP. $61 is a buy. The company (New York symbol RTX; Conservative-Growth Payer Portfolio; Manufacturing & Industry sector; Shares outstanding: 1.5 billion; Market cap: $91.5 billion; Dividend yield: 3.1%; Dividend Sustainability Rating: Above Average; www.rtx.com) took its current form on April 3, 2020, with the merger of… Read More

Expect higher dividends from this leader

3M—both its earnings and its share price—benefit from the company’s wide variety of products. That helps shield it from downturns in any one industry. In the wake of the pandemic, 3M’s regional diversity should also help protect sales as markets reopen at varying speeds.
3M COMPANY… Read More

McDonald’s unlocks more value

MCDONALD’S CORP. $214 is a buy. The company (New York symbol MCD; Income-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 744.1 million; Market cap: $159.2 billion; Dividend yield: 2.3%; Dividend Sustainability Rating: Highest; www.mcdonalds.com) is the world’s largest operator of fast-food restaurants, with 38,000 outlets in 120 countries.
The fast-food… Read More

Three key updates to boost your returns

SNAP-ON INC. $147 is still a hold. The company (New York symbol SNA; Conservative-Growth Dividend Payer Portfolio, Manufacturing sector; Shares outstanding: 54.9 million; Market cap: $8.1 billion; Dividend yield: 2.9%; Dividend Sustainability Rating: Above Average; www.snapon.com) makes tools for auto mechanics and sells them through a fleet of franchised… Read More

Nutrien still has long-term appeal

NUTRIEN LTD. $50 is a buy. The company (Toronto symbol NTR; Cyclical-Growth Payer Portfolio, Resources sector; Shares o/s: 569.2 million; Market cap: $28.5 billion; Dividend yield: 4.7%; Dividend Sustainability Rating: Average; www.nutrien.com) is the world’s largest producer of agricultural fertilizers. It also sells seeds, fertilizer and other agricultural products… Read More

Solid balance sheets protect your dividends

These two firms remain essential equipment suppliers to oil producers, so the onset of COVID-19 and the collapse of oil prices have hurt this year’s earnings. However, their strong balance sheets will help them cope with the crisis and maintain their current dividends.