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.

Read More

Dividend Stocks Library Archives

Here’s our Pick of the Month

ALTAGAS LTD. $18.22 (Toronto symbol ALA; TSINetwork Rating: Extra Risk) (416-365-3535; www.altagas.ca; Shares outstanding: 275.6 million; Market cap: $5.1 billion; Dividend yield: 5.3%) processes, transports, stores and markets natural gas for producers. It also operates natural gas utilities and is a power generator, with gas-fired, coal-fired, wind, biomass… Read More

Calian readies for Europe

CALIAN GROUP $34.00 (Toronto symbol CGY; TSINetwork Rating: Speculative) (613-599-8600; www.calian.com; Shares outstanding: 7.8 million; Market cap: $265.2 million; Dividend yield: 3.3%) has now agreed to acquire Germany-based SatService. That company offers engineering solutions and products for the satellite communications market. This new business will support the expansion… Read More

Line 3 replacement clears hurdle

ENBRIDGE INC. $49 (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.0 billion; Market cap: $98.0 billion; Price-to-sales ratio: 2.1; Dividend yield: 6.0%; TSINetwork Rating: Above Average; www.enbridge.com) has received final approval from Minnesota regulators for its plan to replace the aging Line… Read More

Trump aims to jumpstart Keystone

TRANSCANADA CORP. $62 (Toronto symbol TRP; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 923.6 million; Market cap: $57.3 billion; Price-to-sales ratio: 4.2; Dividend yield: 4.8%; TSINetwork Rating: Above Average; www.transcanada.com) operates a 91,900-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and… Read More

Quality networks spur Telus gains

In the past few years, Telus has invested huge sums in its wireless and Internet networks. Those improvements have helped it compete, not only with BCE and Rogers, but with Shaw Communications’ lower-priced Freedom Mobile service.
Less than 90% of Canadians use mobile services, so there’s… Read More

U.S. expansion pays off for Emera

EMERA INC. $50 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 235.9 million; Market cap: $11.8 billion; Price-to-sales ratio: 1.8; Dividend yield: 4.7%; TSINetwork Rating: Average; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier. It contributes 20% of Emera’s earnings.
The remaining 80%… Read More

Innergex exits Iceland

INNERGEX RENEWABLE ENERGY $14.291 (Toronto symbol INE; Shares outstanding: 133.1 million; Market cap: $1.9 billion; TSINetwork Rating: Extra Risk; Dividend yield 4.9%; www.innergex.com) has agreed to sell its assets in Iceland. It owns a 53.9% stake in two geothermal power projects and is building a run-of-river… Read More

Huge buyback for POW

POWER CORP. $31.86 (Toronto symbol POW; Shares o/s: 414.4 million; Market cap: $14.9 billion; TSINetwork Rating: Above Average; Divd. yield: 4.8%; www.powercorporation.com) invests in several firms. They include its 65.5%-owned Power Financial, which in turn holds 67.7% of insurer Great-West Lifeco (see pg. 31) and 61.4%… Read More

Pembina is poised for strong growth

Pembina’s $9.7 billion purchase of Veresen Inc. in 2017 has already proven a great fit: Veresen’s U.S. exposure and its assets, including a 50% stake in the Alliance natural-gas pipeline, have broadened Pembina’s operations. Meanwhile, the company has lots of growth projects underway. Those, plus… Read More

Updating Power Corp.

POWER CORP. $31 (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 417.2 million; Market cap: $12.9 billion; Dividend yield: 4.9%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) invests in several businesses. They include its 65.5%-owned Power Financial, which itself holds 67.7% of insurer… Read More

Smart acquisitions fuel Algonquin’s dividend

ALGONQUIN POWER & UTILITIES CORP. $15 (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 490.5 million; Market cap: $7.4 billion; Dividend yield: 4.6%; Dividend Sustainability Rating: Above Average; www.algonquinpower.com) operates through two main businesses: The Liberty Power Group produces and sells electricity… Read More

Parent and subsidiary are both top payers

CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $37 and CU.X [class B voting] $37; Income-Growth Portfolio, Utilities sector; Shares outstanding: 272.1 million; Market cap: $10.1 billion; Divd. yield: 4.6%; Dividend Sustainability Rating: Highest; www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia… Read More

These high-yield distributions are steady

CHOICE PROPERTIES REIT $14 (Toronto symbol CHP.UN; Cyclical-Growth Payer Portfolio; Manufacturing & Industry sector; Units o/s: 668.2 million; Market cap: $9.4 billion; Dividend yield: 5.3%; Dividend Sustainability Rating: Above Average; www.choicereit.ca) acquired Canadian REIT (old symbol REF.UN) on May 7, 2018. The merger created Canada’s… Read More

A Yield to Caution:

SHIP FINANCE INTERNATIONAL LTD. $12 (New York symbol SFL; Shares outstanding: 107.6 million; Market cap: $1.3 billion; Dividend yield: 11.7%; www.shipfinance.bm) owns and operates ocean-going vessels and offshore-related assets.
The Bermuda-based company’s fleet of more than 80 vessels is split between tankers (9), bulkers carrying commodities… Read More

AT&T keeps pace with its rivals

In the past few years, AT&T has invested heavily in its video services. That includes its July 2015 purchase of satellite TV provider DirecTV as well as its new investments in fibre-optic networks.
In addition, the company has now completed its takeover of media giant Time… Read More

These two industrials offer high yields

CHEMTRADE LOGISTICS INCOME FUND $9.68 (Toronto symbol CHE.UN; TSINetwork Rating: Speculative) (416-496-5856; www.chemtradelogistics.com; Units o/s: 92.6 million; Market cap: $872.3 million; Divd. yield: 12.4%) is one of the largest removal-service providers for resource firms that create acids and sulphur as byproducts. The trust converts (and… Read More

We prefer Extendicare for new buying

EXTENDICARE INC. $7.30 (Toronto symbol EXE; TSINetwork Rating: Extra Risk) (905-470-5534; www.extendicare.com; Shares o/s: 88.5 million; Market cap: $642.6 million; Dividend yield: 6.6%) owns 67 senior-care facilities in Canada. Together, they can house 8,950 residents on both a long- and short-term basis. The company manages… Read More

Here’s our Pick of the Month

DREAM OFFICE REIT $24.26 (Toronto symbol D.UN; TSINetwork Rating: Extra Risk) (416-365-3535; www.dream.ca/office; Units outstanding: 59.4 million; Market cap: $1.6 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 6.6 million square… Read More