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

AT&T will hold your dividend steady

AT&T INC. $29 is a buy. The company (New York symbol T; Income-Portfolio, Utilities sector; Shares outstanding: 7.2 billion; Market cap: $208.8 billion; Dividend yield: 7.2%; TSINetwork Rating: Average; www.att.com) purchased media giant Time Warner (now called WarnerMedia) for $103 billion in cash and stock in June 2018… Read More

Continue to enjoy AT&T’s high yield

AT&T will pause its annual dividend increase this year in favour of additional debt repayments. We feel that’s prudent given the pandemic has hurt advertising revenue for its media operations. However, the current high rate looks sustainable, and investors will benefit as the economy re-opens.
AT&T… Read More

Updating your Income-Growth Payers: Fortis

FORTIS INC. $49 is a buy. The company (Toronto symbol FTS; Income-Growth Portfolio, Utilities sector; Shares outstanding: 466.8 million; Market cap: $22.9 billion; Dividend yield 4.1%; Dividend Sustainability Rating: Highest; www.fortisinc.com) is the main power utility in Newfoundland and PEI. It also owns electrical utilities in other parts of… Read More

Raytheon is off to a strong start

RAYTHEON TECHNOLOGIES CORP. $78 is a buy. The company (New York symbol RTX; Conservative-Growth Payer Portfolio; Manufacturing & Industry sector; Shares outstanding: 1.5 billion; Market cap: $117.0 billion; Dividend yield: 2.4%; Dividend Sustainability Rating: Above Average; www.rtx.com) took its current form on April 3, 2020, with the merger of… Read More

Self-driving cars a huge market

MICROSOFT CORP. $235 is a buy. The company (Nasdaq symbol MSFT; High-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 7.6 billion; Market cap: $1.8 trillion; Dividend yield: 1.0%; Dividend Sustainability Rating: Highest; www.microsoft.com) last increased your quarterly dividend by 9.8% in December 2020. The new annual rate… Read More

Rising backlogs point to future gains

As economies re-open, Finning and Toromont are seeing higher demand for their heavy equipment. Those rising orders will fuel their earnings and dividends in 2021.
FINNING INTERNATIONAL INC. $33 is a buy. The company (Toronto symbol FTT; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 162.1 million;… Read More

Vaccines cut Extendicare’s risk

EXTENDICARE INC. $6.59 remains a buy. The operator of long-term care homes (Toronto symbol EXE; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 89.5 million; Market cap: $589.8 million; Dividend yield: 7.3%; Dividend Sustainability Rating: Average; www.extendicare.com) continues to pay monthly distributions of $0.04 a share, for an annual… Read More

Your first dividend hike since 2016

CAMPBELL SOUP CO. $46 is a buy. The company (New York symbol CPB; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 302.9 million; Market cap: $13.9 billion; Dividend yield: 3.2%; Dividend Sustainability Rating: Above Average; www.campbellsoupcompany.com) continues to benefit from its strategic plan, which began in 2018. One key part was… Read More

Quality properties and tenants cut your risk

Uncertainty over the future of the traditional office model because of COVID-19 has weighed on these two REITs. However, their high-quality properties and tenants continue to help them weather the pandemic. What’s more, their current payouts still seem sustainable.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $39… Read More

Don’t rely on charts

Here’s an Excerpt from a recent issue of Advice for Inner Circle Pro Members:
“One form of technical analysis is the Relative Strength Indicator (RSI). It charts a stock’s current and historical strength, or weakness, based on its closing prices over a recent trading period. Specifically,… Read More

Count on Enbridge’s dividend growth

Enbridge’s new projects, combined with improving oil and gas prices, should help boost its share price. The stock remains down from $55 in February 2020. That was before the pandemic and the drop in oil prices.
Moreover, 98% of the company’s revenue comes from regulated projects… Read More

IPO benefits Telus investors

TELUS $26.76 is a buy. The company (Toronto symbol T; Shares outstanding: 1.3 billion; Market cap: $34.3 billion; TSINetwork Rating: Above Average; Dividend yield: 4.7%; www.telus.com) controls Telus International in addition to its other operations.
This business operates call centres on behalf of corporate clients in North America, Central… Read More

IBM set for a 2021 rebound

IBM, $119.12, is still a buy. The company (New York symbol IBM; Shares o/s: 891.1 million; Market cap: $106.4 billion; TSINetwork Rating: Above Average; Yield: 5.5%) reported 6.5% lower revenue in the three months ended December 31, 2020; it fell 6.5%, to $20.37 billion from $21.78 billion a.. Read More

TRP halts Keystone XL

TC ENERGY INC., $54.62, is a buy. The company (Toronto symbol TRP; Shares outstanding: 940.1 million; Market cap: $51.8 billion; TSINetwork Rating: Above Average; Dividend yield: 5.9%; www.tcenergy.com) has stopped work on the Keystone XL pipeline after newly installed U.S. President Joe Biden revoked the project’s permit. The… Read More