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

BCE focuses its spending

BCE INC. $56.62, is a buy. Through your shares (Toronto symbol BCE; Shares o/s: 904.3 million; Market cap: $51.2 billion; TSINetwork Rating: Above Average; Divd. yield: 5.9%) you tap Canada’s largest traditional telephone service provider. In addition, it offers high-speed Internet, TV and wireless services. The company also owns… Read More

These utilities keep making savvy acquisitions

Both Pembina and Algonquin offer you a high, sustainable dividend yield. What’s more, the two companies keep making timely acquisitions to boost their cash flow. That should also lift your future dividends.
PEMBINA PIPELINE, $33.94, is a buy. The company (Toronto symbol PPL; Shares outstanding: 549.8 million; Market cap:… Read More

This renewables leader cuts your risk

This month, we’re adding a new buy for our Canadian Wealth Advisor subscribers. TransAlta Renewables supports its high dividend for investors by selling wind power under long-term guaranteed contracts. That includes electricity sales to its top-quality parent, TransAlta Corp. The company further cuts risk for investors by… Read More

Updating your Income-Growth Payers: Enbridge Inc.

ENBRIDGE INC. $41 is a buy. The company (Toronto symbol ENB; Income-Growth Dividend Payer Portfolio, Utilities sector; Shares o/s: 2.0 billion; Market cap: $82.0 billion; Divd. yield: 7.9%; Dividend Sustainability Rating: Highest; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the… Read More

Good pick for a COVID recovery

GENUINE PARTS CO. $85 is a buy. Through your shares (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 145.9 million; Market cap: $12.4 billion; Dividend yield: 3.7%; Dividend Sustainability Rating: Above Average; www.genpt.com) you tap this leading seller of replacement auto parts. It also… Read More

Here are key updates on 3 dividend payers: Power Corp., CIBC and Archer Daniels Midland Co.

POWER CORP. $25 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 621.4 million; Market cap: $15.5 billion; Dividend yield: 7.2%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) last raised its quarterly dividend by 10.5% with the May 2020 payment, to $0.4475 a.. Read More

Rebound supports this dividend

T. ROWE PRICE GROUP INC. $121 is a buy. The company (Nasdaq symbol TROW; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 227.5 million; Market cap: $27.5 billion; Divd yield: 3.0%; Dividend Sustainability Rating: Highest; www.troweprice.com) is a leading seller of mutual funds and wealth management services.
With the March… Read More

Shift to the cloud pays off for IBM

INTERNATIONAL BUSINESS MACHINES CORP. $116 is a buy. The company (New York symbol IBM; Conservative-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 887.9 million; Market cap: $103.0 billion; Divd. yield: 5.6%; Divd. Sustainability Rating: Above Average; www.ibm.com) raised its quarterly dividend by 0.6% in June 2020. The… Read More

Their strategic plans support your income

The high-quality properties of these top REITs—along with their high yields—enhance your long-term returns. While COVID-19 has increased their risk, their long-term strategies should continue to pay off. Their current distributions also look sustainable.
DREAM OFFICE REIT $20 is a buy. The REIT (Toronto symbol D.UN; Cyclical-Growth Dividend… Read More

Dividend safe despite COVID closures

SAPUTO INC. $32 is still a hold. The company (Toronto symbol SAP; High-Growth Payer Portfolio, Consumer sector; Shares o/s: 408.0 million; Market cap: $13.1 billion; Divd. yield: 2.1%; Dividend Sustainability Rating: Above Average; www.saputo.com) is Canada’s largest producer of dairy products. It also operates dairies in the U.S., Australia… Read More

You can still count on this REIT

RioCan recently assured investors that its current distribution is sustainable. Its confidence is partly due to government loans to help businesses, including RioCan’s mall tenants, pay their rent during the COVID-19 shutdown. In addition, the REIT’s new residential properties help cut its reliance on the… Read More

Still a time for buying

Here’s an Excerpt from the May 20 issue of Advice for Inner Circle Pro Members:
“You may recall that we said in mid-March that ‘…the bulk of the damage to the stock market may be behind us.’ The Dow and other indexes hit bottom within a week… Read More

Lower demand a risk for Ameren

AMEREN CORP. $69 is still a hold. The company (New York symbol AEE; Income Portfolio, Utilities sector; Shares outstanding: 246.9 million; Market cap: $17.0 billion; Price-to-sales ratio: 3.1; Dividend yield: 2.8%; TSINetwork Rating: Average; www.ameren.com) continues to expand its renewable energy operations. It’s now spending $1.2 billion on… Read More

RioCan’s distribution looks safe

RIOCAN REAL ESTATE INVESTMENT TRUST $17 is still a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 317.7 million; Market cap: $5.4 billion; Price-to-sales ratio: 4.1; Dividend yield: 8.5%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 220 shopping centres… Read More

Contract boosts Stantec’s reputation

STANTEC INC. $41 is a buy. The stock (Toronto symbol STN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 111.5 million; Market cap: $4.6 billion; Price-to-sales ratio: 1.2; Dividend yield: 1.5%; TSINetwork Rating: Extra Risk; www.stantec.com) offers you exposure to this leading seller of consulting, project-delivery, design… Read More