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!

Read More Close
Thanks to acquisitions, these two firms now carry high debt burdens. In response, activists want them to sell assets and pay down debt. We agree with the activists, but these two firms will probably resist their pressure.


GFL ENVIRONMENTAL INC....
On October 16, 2023, the old NCR Corp. (New York symbol NCR) completed its plan to split itself into two separate firms. One (called NCR Atleos) will focus on ATMs, and the other (called NCR Voyix) will focus on digital commerce businesses.


Investors received one share of NCR Atleos for every two NCR shares they hold....
Spinoff spotlight: Warner Bros. Discovery Inc.
WARNER BROS. DISCOVERY INC. $11 is still a hold. The company (Nasdaq symbol WBD; Consumer sector; Shares outstanding: 2.4 billion; Market cap: $26.4 billion; No dividend paid; Takeover Target Rating: Medium; www.wbd.com) took its current form in April 2022 when AT&T merged its WarnerMedia business with Discovery Inc....
As we often point out, new spinoff firms tend to move sideways for the first year or two until they build up a following among brokers and investors.


A good example is Fortive, a 2016 spinoff from Danaher, one of this newsletter’s earliest recommendations....
ADF GROUP INC., $5.27, symbol DRX on Toronto, designs and engineers connections, fabrication, heavy steel built-ups, and miscellaneous and architectural metalwork. It provides its services from a 630,000-square-foot fabrication plant in Quebec and a 100,000-square-foot fabrication plant in Montana.

The company’s clients include general contractors, project owners, engineering firms and project architects, structural steel erectors, and other steel structure fabricators....
WAJAX CORP., $27.56, is a buy. Through their shares, investors benefit from the company’s (symbol WJX on Toronto) sales and servicing of cranes, forklifts and other heavy equipment. Wajax also provides related parts and systems such as ball bearings, hoses, diesel engines and transmissions.

The company’s customers are spread across the resources, construction, manufacturing and transportation industries.

In the quarter ended September 30, 2023, overall revenue climbed 8.3%, to $509.7 million from $470.8 million a year earlier....
CANADIAN TIRE CORP., $140.31, Toronto symbol CTC.A, is a top buy for 2023.

Investors benefit from the company’s 502 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....
EBAY INC., $39.85, Nasdaq symbol EBAY, is still a buy for long-term gains.

The company operates e-commerce websites, in over 190 countries, where sellers pay fees to auction items or offer them at fixed prices.

eBay reported better-than-expected results for the third quarter of 2023....
CGI INC., $137.75, Toronto symbol GIB.A, is your #1 Aggressive Buy for 2023.

The stock lets investors tap Canada’s largest provider of computer outsourcing services. It helps its clients automate certain routine functions like accounting and buying supplies....

You Can See Our Income-Seeking Portfolio For December 2023 Here.


This month we update our Portfolio for Income-Seeking Investors.


In light of the current market volatility, investors are paying more attention to dividend yields (dividends paid per share divided by the current stock price)....