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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J.P. MORGAN CHASE & CO., $136.74, New York symbol JPM, remains a buy.

The stock lets investors tap the largest banking firm in the U.S., with total assets of $3.74 trillion as of March 31, 2023.

This week, Morgan agreed to acquire most of the assets and deposits of California-based First Republic Bank, as well as some of its liabilities, from the U.S....
TORONTO-DOMINION BANK, $83.80, Toronto symbol TD, remains a buy.

Due to delays securing the necessary regulatory approvals, TD has cancelled its deal to acquire First Horizon Corporation (New York symbol FHN) for $13.4 billion U.S. The purchase would have made TD’s banking operations the sixth largest in the U.S.

As a result, the bank will pay $225 million U.S....

CANADIAN PACIFIC KANSAS CITY LTD. $107.44 (Toronto symbol CP; shares o/s: 931.1 million; Market cap: $99.1 billion; Rating: Above Average; Dividend yield: 0.7%) took its current form on April 14, 2023, when Canadian Pacific Railway Ltd....
TD BANK, $81.47, (Toronto symbol TD; Shares outstanding: 1.8 billion; Market cap: $147.7 billion; TSINetwork Rating: Above Average; Dividend yield: 4.7%; www.td.com) merged its 43%-owned U.S....
ALGONQUIN POWER & UTILITIES, $11.88, is a buy. The utility (Toronto symbol AQN; Shares outstanding: 683.6 million; Market cap: $7.9 billion; TSINetwork Rating: Extra Risk; Dividend yeld: 5.0%; www.algonquinpower.com) is now cancelling its $2.65 billion U.S....
Both Loblaw and Metro successfully weathered the pandemic. In fact, the shares of both are now trading near all-time highs for our subscribers! Meanwhile, many of their customers who opted for home delivery (or in-store pickup) during pandemic lockdowns are sticking with that value-added service....
ENBRIDGE, $52.95, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.0 billion; Market cap: $106.4 billion; TSINetwork Rating: Above Average; Dividend yield: 6.7%; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S....

POWER CORP., $36.33, is a buy. The conglomerate (Toronto symbol POW; Shares outstanding: 611.2 million; Market cap: $24.2 billion; TSINetwork Rating: Above Average; Dividend yield: 5.8%) owns 61.8% of IGM Financial (symbol IGM on Toronto)....
NEWMONT CORP., $47.49, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares o/s: 794.7 million; Market cap: $38.2 billion; TSINetwork Rating: Average; Dividend yield: 3.4%; www.newmont.com) has now made a new offer to acquire Austrailia-based Newcrest Mining....
The shares of oil and gas stocks remain high as energy demand continues to be strong. We continue to recommend that most investors maintain some exposure to the oil and gas industry as part of a balanced portfolio. But, to cut your risk, you should stick with producers that have positive cash flow even in times of low energy prices....