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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CANADIAN PACIFIC KANSAS CITY LTD., $110.84, Toronto symbol CP, is still your #1 Conservative Buy for 2024.

The company took its current form in April 2023 when it acquired U.S.-based railway Kansas City Southern (KCS).

CP paid $31 billion U.S....
ONESTREAM INC. $30 is a hold. The company (Nasdaq symbol OS; Manufacturing sector; Shares outstanding: 156.6 million; Market cap: $4.7 billion; No dividend paid; Takeover Target Rating: Lowest; www.onestream.com) makes software that helps over 1,400 companies prepare and report their financial statements....
We see both Wajax and Calian rising even higher given their prospects and in-demand services. Meanwhile, they offer sustainable yields for investors. Both are buys.


WAJAX CORP., $24.38, is a buy. The company (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (www.wajax.ca; Shares outstanding: 21.7 million; Market cap: $526.0 million; Dividend yield: 5.7%) sells and services cranes, forklifts and other heavy equipment....
Like most silver stocks, Hecla Mining is heavily influenced by silver prices. But we think the direction of silver prices—and for Hecla shares—is upward. That’s in part because global demand for silver, used in solar panels, electric vehicles and other key green technologies continues to rise.


HECLA MINING, $6.17, is a buy. The company (New York symbol HL; TSINetwork Rating: Extra Risk) (www.hecla-mining.com; Shares outstanding: 626.3 million; Market cap: $3.9 billion; Dividend yield: 0.2%) explores for, mines and processes silver and gold in the U.S., Canada and Mexico.


Most of Hecla’s silver output comes from three sites: the Greens Creek mine in Alaska; the Lucky Friday project in Idaho; and the Keno Hill mine in the Yukon....
Long-time readers know that we aim to keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to bolster investor gains. Here are two buys that stand out this month:


SHOPIFY, $103.54, remains a buy. The company (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (www.shopify.ca; Shares outstanding: 1.2 billion; Market cap: $133.4 billion; No dividends paid) continues to attract merchants to its platform....
Barrick has moved up recently, along with gold prices—now hitting new all-time highs. The gains likely reflect growing belief among investors that easing inflation eliminates the need for any more interest-rate increases. That should push up investor demand for gold as the appeal of interest-bearing investments and the U.S....
RESMED INC., $224.30, is a buy. The company (New York symbol RMD; TSINetwork Rating: Average) (www.resmed.com; Shares outstanding: 146.9 million; Market cap: $33.0 billion; Dividend yield: 1.0%) fell in June 2024 from around $215 to as low as $180.


The stock dropped after drugmaker Eli Lilly said that its weight-loss drug Zepbound sharply reduced the restriction, or blocking, of air flow in patients with obesity and obstructive sleep apnea (interrupted breathing during sleep).


In our June 28, 2024, hotline, we wrote that the threat was overblown, and, that all things considered, ResMed’s outlook remains positive....
23ANDME HOLDING CO. $0.33 is a hold. The company (Nasdaq symbol ME; Consumer sector; Shares outstanding: 339.5 million; Market cap: $112.0 million; No dividend paid; Takeover Target Rating: Highest; www.23andme.com) provides consumers with genetics testing.


The stock began trading on Nasdaq in June 2021 at $10....
In November 2016, Yum Brands set up its Chinese operations as Yum China and gifted its investors with shares in the new company. Specifically, investors received one share of the new firm for each YUM share they held.


Both stocks have suffered lately as price-conscious consumers spend less on fast food....
GFL ENVIRONMENTAL INC. $57 is a hold. The company (Toronto symbol GFL; Manufacturing sector; Shares outstanding: 420.1 million; Market cap: $23.9 billion; Dividend yield 0.1%; Takeover Target Rating: Medium; www.gflenv.com) is North America’s fourth-largest waste-management firm.


Activist investor ADW Capital Management and its affiliates, which together control less than 1% of GFL’s shares, wants GFL to sell its Environmental Solutions division....