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

Power prospers with IGM

POWER CORP., $39.49, is a buy. The conglomerate (Toronto symbol POW; Shares o/s: 622.0 million; Market cap: $26.8 billion; Above Average; Dividend yield: 4.5%; www.powercorporation.com) owns 62.1% of IGM Financial (symbol IGM on Toronto). IGM is Canada’s largest independent mutual-fund provider with $253.1 billion in… Read More

Cut your risk with their quality tenants

The market plunge at the start of the COVID-19 crisis lowered prices for most REITs. That’s because the pandemic forced many businesses to temporarily close. This hurt rent collection for REITs and cut their cash available for distributions. However, these two REITs remain attractive thanks… Read More

Pembina targets a rival

PEMBINA PIPELINE, $38.02, is a buy. The company (Toronto symbol PPL; Shares outstanding: 550.0 million; Market cap: $20.8 billion; TSINetwork Rating: Average; Dividend yield: 6.6%; www.pembina.com) has announced a takeover bid for Inter Pipeline Ltd. (symbol IPL on Toronto). Pembina is offering 0.5 of a.. Read More

A Yield to Caution

EXCHANGE INCOME CORP. $40 (Toronto symbol EIF; Shares outstanding: 35.5 million; Market cap: $1.4 billion; Dividend yield: 5.7%; www.exchangeincomecorp.ca) operates in aviation and manufacturing.
Aviation (61% of its revenue) serves communities in Manitoba, Ontario, Nunavut and eastern Canada through regional airlines. As well, through Regional One,… Read More

Updating your Cyclical-Growth Payers: Chevron Corp.

CHEVRON CORP. $104 remains a buy. The leading integrated oil and gas producer (New York symbol CVX; Cyclical-Growth Dividend Payer Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $197.6 billion; Dividend yield: 5.2%; Dividend Sustainability Rating: Above Average; www.chevron.com) will raise its quarterly dividend… Read More

Expect more dividend hikes

THOMSON REUTERS CORP. $118 is a buy. The company (Toronto symbol TRI; Conservative Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 497.0 million; Market cap: $58.6 billion; Dividend yield: 1.7%; Dividend Sustainability Rating: Highest; www.thomsonreuters.com) last raised its quarterly dividend with the March 2021 payment… Read More

Here are key updates for income investors

NORTONLIFELOCK INC. $28 is a buy. The company (Nasdaq symbol NLOK; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 591.9 million; Market cap: $16.6 billion; Dividend yield: 1.8%; Dividend Sustainability Rating: Average; www.nortonlifelock.com) sold its Enterprise Security business to Broadcom (Nasdaq symbol AVGO) in late… Read More

Saputo expands beyond dairy

SAPUTO INC. $41 is still a hold. The dairy producer (Toronto symbol SAP; High-Growth Payer Portfolio, Consumer sector; Shares o/s: 410.4 million; Market cap: $16.8 billion; Divd. yield: 1.7%; Dividend Sustainability Rating: Above Average; www.saputo.com) raised its quarterly dividend by 2.9% with the September 2020… Read More

Stanley soars on DIY boom

STANLEY BLACK & DECKER INC. $213 is a buy. The company (New York symbol SWK; Conservative Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 160.2 million; Market cap: $34.1 billion; Dividend yield: 1.3%; Dividend Sustainability Rating: Above Average; www.stanleyblackanddecker.com) is one of the world’s… Read More

Lower distribution is more sustainable

H&R REAL ESTATE INVESTMENT TRUST $16 is also a buy. The trust (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units o/s: 286.9 million; Market cap: $4.6 billion; Distribution yield: 4.3%; Dividend Sustainability Rating: Average; www.hr-reit.com) owns 464 properties: 32 office buildings, 322 retail… Read More

Loyal customers fuel this dividend

Canadian Tire’s shares have more than doubled from their March 2020 lows, despite the negative impact of ongoing COVID-19 restrictions in Ontario, Quebec and other major markets. That impressive growth is due to the company’s earlier plan to expand its online operations, along with its… Read More

Here are two PGI buys for standout gains

Long-time readers know that we keep you informed of important news about the stocks we cover. That means highlighting developments that promise to brighten your prospects. Here are two buys that stand out this month:
ALTAGAS LTD. $24.22 (Toronto symbol ALA; TSINetwork Rating: Extra Risk) (www.altagas.ca;… Read More

Dream taps the key Toronto market

DREAM OFFICE REIT $21.77 (Toronto symbol D.UN; TSINetwork Rating: Extra Risk) (www.dream.ca/office; Shares o/s: 50.7 million; Market cap: $1.2 billion; Dividend yield: 4.6%) launched a three-year strategic initiative in 2016. As part of that plan, it sold roughly 138 properties for $3.7 billion. It used… Read More