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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TORONTO-DOMINION BANK, $77.28, Toronto symbol TD, is still a buy.

The lender recently set aside $615 million (or $450 million U.S.) for fines it expects to pay due to lapses in its anti-money laundering processes at its U.S. retail banking operations....
Verizon Communications offers an appealing 6.6% yield as cash flow rises due to declining capital expenditures
North West Company offers a high 3.8% yield which reflects its steady financial growth as it continues to expand with new stores.
ATS CORP., $47.51, is still a buy. The company (symbol ATS on Toronto) provides some of the world’s top manufacturers with factory automation solutions. Founded in 1978, it has over 65 of its own manufacturing facilities and 85 offices in North America, Europe, and Asia.

On May 15, 2024, ATS announced the acquisition of Paxiom Group, a provider of primary, secondary, and end-of-line packaging machines in the food and beverage, cannabis, and pharmaceutical industries....
3M COMPANY, $105.26, New York symbol MMM, is still a buy for long-term gains.

The company makes over 55,000 consumer and industrial goods. Its main brands include Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.

On April 1, 2024, 3M completed its plan to spin off its Health Care division as an independent firm called SOLVENTUM CORP., $62.38, New York symbol SOLV, which is a hold. That business makes products to treat and prevent infection in wounds, dental filling materials, and filtration and purification products.

Shareholders received one share of Solventum for every four shares they held....
WALMART INC., $64.65, New York symbol WMT, is a buy.

The company is the world’s biggest retailer, with over 10,500 outlets in 19 countries.

Walmart continues to benefit as inflation draws more shoppers to its value-focused stores, particularly for groceries and health products....
EMERA INC., $50.43, Toronto symbol EMA, is a buy.

The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Teco Energy, which supplies electricity and natural gas to 1.3 million customers in Tampa Bay, Florida....
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We think the healthcare industry will enjoy great success over the next decade. But due to the nature of the business, results will vary widely and unpredictably from one company to another. A volatile market like the one we expect for healthcare stocks will include winners and losers....

Wyndham is now taking steps to improve how companies book and manage group bookings, meetings, events, and business travel at its North American hotels. That will add to sales and bolster profits.


WYNDHAM HOTELS & RESORTS, $69.95, is a #1 Power Buy for 2024. The company (New York symbol WH; TSINetwork Rating: Extra Risk) (www.wyndhamhotels.com; Shares outstanding: 80.6 million; Market cap: $5.6 billion; Dividend yield: 2.2%) will now offer reward points in its loyalty program to companies that book stays through its just revamped WyndhamBusiness.com.


Before, the loyalty program only benefited guests....