dividend

A dividend is a cash payout that serves as a way for companies to share the profits they’ve accumulated through their operations. These payouts are drawn from earnings and cash flow paid to the shareholders of the company. Commonly these dividends are paid quarterly, although they may also be paid annually or even monthly as well. A dividend can produce as much as a quarter of your total return over long periods. Some good companies reinvest profits instead of paying a dividend. But fraudulent and failing companies hardly ever pay a dividend. So if you only buy stocks that pay dividends, you’ll automatically stay out of almost all the market’s worst stocks. For a true measure of stability, focus on companies that have maintained or raised their dividends during recessions and stock market downturns. These firms leave themselves enough room to handle periods of earnings volatility. By continually rewarding investors, and retaining enough cash to finance their businesses, they provide an attractive mix of safety, income and growth. Dividends are an important contributor to your long-term gains, and dividend-paying stocks tend to expose you to less risk than non-dividend-payers. That’s why the majority of your stocks should be dividend-payers at all times. As you get older and closer to retirement, you should raise the proportion of dividend-paying stocks in your portfolio, to cut risk and improve the stability of your investment results. To maximize your investment returns with the least risk, follow TSI Network and use our three-part Successful Investor strategy:

  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; Utilities);
  3. Downplay or avoid stocks in the broker/media limelight.

Discover how to put an extra strength in your portfolio with our specific advice on how to identify high-quality dividend stocks. It’s all in our newly updated report, Dividend Paying Stocks: How High Dividend Stocks Can Supercharge Your Income Investing. And it’s yours FREE!

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EXTENDICARE INC., $8.66, is a buy. The company (symbol EXE on Toronto), owns and operates long-term care homes. Investors also tap the company’s ParaMed Home Health Care branches. ParaMed provides nursing care and other forms of assistance to clients who remain in their own homes.

The company’s revenue rose 13.3% in the quarter ended June 30, 2024, to $348.5 million from $307.5 million a year earlier....
NVIDIA CORP., $119.37, Nasdaq symbol NVDA, remains a buy, but only for highly aggressive investors.

The company is a leading designer of 3D-capable video chips; they make video games run more smoothly and appear more lifelike. Nvidia has also adapted its chips for other applications, including artificial intelligence (AI), datacentres and self-driving cars.

Nvidia’s latest quarterly results topped expectations....
TORONTO-DOMINION BANK, $80.75, Toronto symbol TD, is still a buy.

With the January 2024 payment, TD raised your quarterly dividend by 6.3%. Investors now receive $1.02 a share instead of $0.96. The new annual rate of $4.08 yields a solid 5.1%.

In its fiscal 2024 third quarter, ended July 31, 2024, TD set aside $3.57 billion (or $2.6 billion U.S.) for fines it expects to pay due to lapses in its anti-money laundering processes at its U.S....
ROYAL BANK OF CANADA, $162.98, Toronto symbol RY, is a buy.

On March 28, 2024, Royal completed its purchase of the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC) for $15.5 billion.

HSBC operates 130 branches that mainly cater to businesses in industries that trade and bank internationally....
Nvidia reported robust revenue and earnings in the recent quarter and while it’s up a stellar 162.4% over the last year, we continue to strongly recommend it.

You Can See Our WSSF Income-Seeking Portfolio For September 2024 Here.


This month, we are updating our WSSF Portfolio for Income-Seeking Investors.


This portfolio is a good starting point for investors who need income....
ALLIANT ENERGY CORP. $58 (www.alliantenergy.com) is a buy. The company sells power and natural gas to 1.425 million clients in Wisconsin and Iowa. In the second quarter of 2024, Alliant’s revenue fell 2.0%, to $894 million from $912 million a year earlier....
Pfizer used the huge profits from its COVID-19 products to buy makers of other promising drugs, particularly cancer treatments. These new drugs should drive the company’s long-term growth, and let it keep raising your dividend.


PFIZER INC. $29 is your #1 Income Buy for 2024. The company (New York symbol PFE; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 5.7 billion; Market cap: $165.3 billion; Price-to-sales ratio: 3.0; Dividend yield: 5.8%; TSINetwork Rating: Above Average; www.pfizer.com) began operating in 1849 and is now one of the world’s largest makers of prescription drugs....
WARNER BROS. DISCOVERY INC. $7.97 is still a hold. The company (Nasdaq symbol WBD; Aggressive Growth Portfolio; Consumer sector; Shares outstanding: 2.4 billion; Market cap: $19.1 billion; Price-to-sales ratio: 0.5; No dividend paid; TSINetwork Rating: Average; www.wbd.com) took its current form in April 2022 when AT&T merged its WarnerMedia business with Discovery Inc....
SHERWIN-WILLIAMS CO. $362 is a hold. The paint maker (New York symbol SHW; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 252.3 million; Market cap: $91.3 billion; Price-to-sales ratio: 4.0; Dividend yield: 0.8%; TSINetwork Rating: Above Average; www.sherwin-williams.com) reported 0.5% higher sales in the three months ended June 30, 2024, to $6.27 billion from $6.24 billion a year earlier....